Shri Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, in a written reply to a question in Lok Sabha today, informed the House that the Energy Efficiency Services Limited (EESL), a joint venture company of four Power Sector PSUs, has designed innovative programmes, namely, Energy Efficient Fans Programme (EEFP) and Energy Efficient Agriculture Pumps Programme (EEAPP) for enhancing energy efficiency in domestic and agriculture sectors.
Giving the details of the programme, the Minister said that the EEFP has been launched from Andhra Pradesh followed by Uttar Pradesh. Under this programme, 50 watt fans are provided by EESL at Rs. 1,150 per unit on upfront payment, or at total of Rs. 1,200, if taken on equated monthly instalments (EMI). The EMI is adjusted against electricity bills of consumers. About 9,000 and 50,000 fans have already been distributed in the States of Andhra Pradesh and Uttar Pradesh respectively. EESL has also signed an agreement with Govt. of Tripura for distribution of energy efficient fans in the State.
Further, Shri Goyal informed that the EEAPP has been launched by EESL to replace the old and inefficient pump sets of farmers free of cost. EESL would also provide smart control panels to enhance the ease of operation of pumps by the farmers. The energy efficient pumps, which are 4 or 5 star rated, ensure a minimum of 30% reduction in energy consumption. The reduction of energy consumption in agriculture would result in reduction in subsidy that the State Government provides to distribution companies. A part of the savings in subsidy is leveraged to service the investment of EESL over a 5–10-year period.