Energy efficient appliances will now be sold in fuel retail outlets of Public Sector Oil Marketing Companies (OMCs).
Speaking at an event where an agreement between the oil companies and Energy Efficiency Services Ltd was signed, Dharmendra Pradhan, Minister of State (Independent Charge) for Petroleum and Natural Gas, said, “An eco-system is being developed to enhance the non-fuel retail business of fuel retail outlets.”
The petrol pump dealers will directly do business with EESL and would get about 10 per cent margin, Pradhan added.
Also speaking at the event, Piyush Goyal, Minister of State for Coal, Power, New and Renewable Energy and Mines, said, “The country will save over ?40,000 crore from energy efficiency measures.”
An official statement said that the scheme will be rolled out at petroleum retail outlets in a phased manner. In the first phase, distribution will commence from Uttar Pradesh and Maharashtra.
Consumers can purchase an LED Bulb at ?70, a 220W LED tubelight at ?220 and a 5-star Ceiling Fan at ?1,200.
As part of the agreement, EESL will make the entire upfront investment for ensuring availability of the products at the outlets and no upfront capital cost will be borne by the OMCs barring manpower and space.
An official statement also said that over 25.5 crore LED bulbs, over 30.6 lakh LED tubelights and around 11.5 lakh energy efficient fans have been retailed in the country under the UJALA scheme.
This will lead to an annual energy savings of over 3,340 crore kWh and result in avoidance of over 6,725 MW of peak demand.
The statement added, through the scheme the estimated cumulative cost reduction in bills of consumers annually is over ?13,346 crore and is leading to reduction of approximately 2.7 crore tonnes of CO2 every year.