2.05 (0.61%) Energy Efficiency Services (EESL), a joint venture of four PSUs including NTPC, Power Finance Corporation, Rural Electrification Corporation & Power Grid Corporation, is planning to procure around 1 crore light-emitting diode (LED) bulbs for its Gram Ujala programme. To fulfil the purpose, Convergence Energy Services (CESL), a wholly-owned subsidiary of the company, has issued a tender.
CESL has issued a first of its kind tender to procure 1 crore LED bulbs for its Gram Ujala programme. Through this tender CESL intends to invite participation of bidders for co-investment on a revenue sharing basis. Under the Gram Ujala programme, CESL will distribute high quality LED bulbs, at an affordable cost in rural areas. CESL will be procuring 70 lakh 12-watt LED lamps, and 30 lakh 7-watt lamps. As per the last discovered prices of these LED lamps, the 12-watt lamp will be considered at Rs 75 per bulb and Rs 42 for the 7-watt bulb.
NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.