Energy use by multiple verticals monitored in one place
Energy efficiency has several dimensions, mainly loss reduction and consumption reduction. The previous high consumption of incandescent lamps has been successfully replaced with the use of low voltage LED lamps now.
IIT-M students develop intelligent street lighting device
At a time when the city corporation is set to revamp lighting on streets in the extended zones with LED lamps, students from Indian Institute of Technology Madras (IIT-M) have come with a solution that they say can reduce power consumption.
Orient Electric bags National Energy and Conservation Award 2016
Orient Electric, has been conferred with the prestigious National Energy and Conservation Award 2016 for its outstanding energy conservation efforts in tubular fluorescent lamps (TFL) category. The award was given by Piyush Goyal, Union Minister of State for Power, on the occasion of National Energy Conservation Day in New Delhi on December 14, 2016.
The Indian LED lighting market is expected to reach Rs.31,010 crore, growing at a CAGR of 62 per cent between 2016-20. There has been increased focus by the government towards energy conservation and efficiency in the last few years.
Govt schemes have led to demand in the residential segment
Supported by ongoing government initiatives to promote LED lighting as well as changing consumer preferences, the LED market will grow to Rs.21,600 crore by 2020, an exponential growth of 41 per cent CAGR from Rs.1,925 crore in 2013, making the LED market ~60 per cent of the total lighting industry (Rs.37.600 crore) in 2020.
Surya plans to invest Rs.40-50 crore in LED products in the coming year
Surya Roshni is an Indian multinational which takes pride in being the largest Indian lighting company and largest G.I and Hollow section pipes manufacturer. With a group turnover of Rs 4,000 crore and retailer network of 2 lakh from Kashmir to Kanyakumari, Surya has very strong brand recognition.