philips sees bright future for power-saving lamps

by:Merttace     2020-04-13
Compact fluorescent lamp (CFLs)
Consume less power than incandescent lamps in the next 4-
New Delhi 5: compact fluorescent lamp (CFLs)
Consume less power than incandescent lamps in the next 4-
A senior official at consumer electronics giant Philips India says five years have passed since there is still a huge market to tap.
The company has worked with the government\'s energy efficiency Bureau (BEE)
Promoting energy developmentsaving devices.
Mathew Job, senior director (marketing-
Lighting Business)
He said China is still using more than 0. 3 billion incandescent lamps and may be replaced by CFLs in the future.
\"There are two factors in selling CFLs in India --
Replace the expired CFLs and normal bulbs (
Incandescent lamp)
Jobs told DNA Money. A 15-
Watt CFL consumes only one-
Incandescent lamps use but transmit the fourth electricity of the same amount of visible light (luminance).
In addition, CFLs are 8 to 15 times longer than incandescent lamps. However, a 15-
The price of watt CFL 60-1 is RS 120, which is more expensive than Rs 15
Incandescent lamps.
That\'s why many consumers still prefer the latter.
CFL sales in the domestic market grew at an annual rate of 25%, with sales in India exceeding 100 million units in 2007.
\"This growth can be attributed to three.
Awareness, affordability, and availability.
The awareness of saving electricity has increased a lot now, \"Job said. Some 4-
The cost of CFLs was about Rs 650 five years ago.
But prices fell sharply and availability increased.
According to the BEE program known as \"bachat Lamp yojna\", Philips will sell CFLs for incandescent lamps to promote energy conservation in the country.
Bees offer to distribute up to 0. 4 billion CFLs pan-
India during the Eleventh Five-Year PlanYear Plan (
From April 1, 2007.
This will save the country 6,000 once it\'s done-
A bee executive told DNA Money earlier that 10,000 megawatts of electricity (
Version of May 1).
Manufacturers and Traders who provide CFLs at the cost of incandescent lamps will receive carbon credits that they can redeem on the international market to compensate for the spread between the two lamps.
Carbon credit trading is a concept under which low-carbon emission entities can get \"credit\" and then can sell to those who need to emit more than the allowable limit.
Mathew Job did not add a number to the CFLs that Philips plans to sell under that plan.
He said various factors such as the number of countries participating in the project and the number of bids won by Philips India will affect the number of the project.
The company worked with bankers and financiers on the initial costs required for the project.
He did not name these entities.
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