Describing the LED bulb as a ‘prakash path’ (way to light), Mr. Modi said that it is much more economical to conserve power than to produce power.
Mr. Modi said this initiative was expected to reduce import bills and would save the environment.
The Prime Minister launched a web-based system to enable consumers in Delhi to register requests for procuring LED bulbs under DELP.
LED bulbs shall be distributed in a phased manner from March 2015 onwards, an official statement said.
The entire project of installing LED bulbs for domestic and street lighting in 100 cities is targeted for completion by March 2016.
In Delhi, LED bulbs will be provided to all domestic consumers at an initial payment of Rs 10 each and recovery of Rs 10 each for 12 months from their electricity bill.
The estimated annual savings for households in Delhi per LED bulb will be Rs 162.