The government is planning to save USD 2 billion in four years by cutting down on energy usage by 10,000 MW during peak hours by promoting LED lights, Power, Coal and Renewable Energy Minister Piyush Goyal said on Thursday.
“The plan is to cut down energy demand by nearly 10,000 MW in peak hours by changing to LED lights in street and homes by 2019.
This itself will save power to the tune of US 2 billion,” Goyal said in a question and answer session with Facebook users.
Apart from this, the government is focusing on star rated appliances and improving industrial energy efficiency for an overall saving of about 100 billion units a year, that is 10 percent of country’s current consumption, he said.
“I hope to utilise these savings to power the homes of 280 million Indians deprived of energy access, sadly, 67 years after independence,” Goyal said.