Hyderabad will soon be home to the world’s largest LED street lighting project, as the Energy Efficiency Services Limited (EESL), under the Ministry of Power, has signed an MoU with the Greater Hyderabad Municipal Corporation (GHMC) to retrofit a whopping 4.5 lakh street lights.
The task will be undertaken under GoI’s Street Lighting National Project (SLNP), at an estimated cost of Rs 270 crore - to be borne by EESL with no upfront cost to the corporation. GHMC will pay back EESL for the project cost through deemed savings mode, over a period of seven years. The project aims to save approximately 20 crore kWh electricity annually, resulting to a reduction of over 1.60 lakh tonnes of CO2 annually.
Speaking on the occasion, Saurabh Kumar, Managing Director, EESL said, “It is a moment of immense pride for EESL, to collaborate with GHMC. We express our gratitude to the Government of Telangana for giving us the opportunity to helm the world’s largest street lighting project. With large ULBs such as GHMC and SDMC fully adopting to energy efficient street lighting, India is well ahead on its way to become a world leader in energy efficiency.”
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