Monday, August 22, 2016

Indian Bulb Maker Eveready Acquires Large Order from EESL

Indian LED manufacturer Eveready Industries acquired a large order of 1.3 million LED tube lights from the state-owned power company Energy Efficiency Services Ltd. (EESL), reported Business Standard.
The EESL order values an estimated INR 179.4 million (US $2.67 million).
“The company has obtained a letter of award from Energy Efficiency Services Ltd for design and supply of 20W external batten LED tube light on pan India basis,” stated Eveready in a press release.
EESL is a joint venture formed by Indian power companies NTPC Limited, PFC, REC, and Power Grid Corporation to implement energy efficiency projects, and also works as an energy services company. The organization is responsible for implementing India’s Domestic Efficient Lighting Program (DELP).
Everready is one of the leading manufacturers of batteries and flashlights, and sells more than 1.2 billion batteries and nearly 25 million flashlights. The company also makes LEDs, CFLs, and GLS lamps and other lighting products, small home appliances and tea.

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