Context :
EESL
brings in Carbon Finance for LED bulb distribution in rural areas / BL –
12 Mar 2021
Extract :
Public sector company Energy Efficiency Services Ltd (EESL) has dipped into the carbon markets for funding its
LED lamp distribution programme in rural areas.
EESL is an ‘ESCO’ or
‘energy services company’. It makes available to consumers energy efficiency appliances at its cost and lets them pay for it through the savings in their
electricity bills.
It began in 2014 with
its ‘flagship’ product, LED bulbs, which remains its biggest success,
even though it distributes several other products, such as electric motors and water pumps.
Between 2014 and 2020,
EESL distributed 365 million LED
bulks, through the ESCO model,
However, most of the LED
bulbs went to urban consumers — less than 2 per cent made it to the rural
areas, because, even at a subsidised price of ₹50 a bulb, rural folk
could not afford it.
In November 2020, EESL
roped in Mahua Acharya, a climate finance and carbon
markets expert, who had dealt with carbon credits for
over two decades, as the CEO & MD of EESL’s fledgling wholly owned subsidiary,
CESL — a company that is meant to take over and run
the assets of EESL. Acharya has now brought in a carbon finance dimension to LED distribution
business, to make the bulbs affordable even to the rural population.
On Monday, EESL will
launch at Arrah, Bihar , a ‘GRAM Ujala’ programme. The programme recognises the
need to further subsidise the bulbs of 7W or 12W, to about ₹10
The subsidy will be paid
for by sales of instruments like carbon credits in the global carbon
markets. There is potential to replace 300
million incandescent bulbs with LED, which could result in energy savings of 40,743 million kWhr annually
and avoid peak demand of 22,325 MW a year, not to speak of carbon dioxide
emission reduction of 37.48 million tonnes a year.
Gram Ujala will be
implemented in villages only. Consumers
may purchase a maximum of 5 LED bulbs against submission of an equal number of
incandescent lamps that must be in working condition.
Meters will be installed in each house to determine
the total number of hours of usage.
Carbon credit documentation will be sent
to UN accredited validators.
The carbon credit instruments,
such as Certified Emission Reductions (CER), are broadly called ‘ carbon offsets ’
because they pay for carbon reduction activities in developing countries such
as India, where it is cheaper to do so.
It is expected that the carbon offsets
earned by EESL for its rural distribution of LED bulbs will be sold in the
voluntary markets.
===================================================
MY TAKE :
Ø Here
is a partial list of domestic appliances which
consume electricity ( apart from LED bulbs ) :
TV sets – Refrigerators –
Air Conditioners – Fans – Deep Freezers – Ovens – Electric Stoves – Mixers –
Computers – Cloths Washing Machines – Dish Washers – Radios – Tablets – Robotic
Floor Sweepers – Massagers – etc
Ø By
2030, all of these must be made “ Energy Efficient
Appliances “ , certified by Bureau of
Energy Efficiency [ BEE ]
Ø Just as was done in respect of ICE vehicles ( BS IV > BS VI
compliance ), all electric Appliance Manufacturers must be mandated to switch
over to manufacture of only BEE certified
appliances in 4 phases ( April 2022 – 24 – 26- 28 )
Ø Each such appliance MUST be pre-installed / integrated with SENSORS which will
continuously monitor its,
# State of Usage ( ON or OFF )
# Rate of Consumption of electricity ( Units )
These INTERNET-CONNECTED
appliances will continuously relay / transmit these data to the SMART ELECTRIC METER installed
in each home
In turn, each SMART METER
will relay / transmit to concerned DISCOM ( and to any other specified govt
agency servers ), such usage / consumption data,
through Internet ( IoT
/ Internet of Everything
).
These data-transfer will
be separate for EACH INDIVIDUAL APPLIANCE
This will enable DISCOM /
concerned Agencies, to know / monitor, IN-EFFICIENT appliances,
operating above the CERTIFIED THRESHOLD for each type of appliance
Appliances operating “
above “ the threshold, will be assigned / allotted “ CARBON DEBITS “ ,
whereas those operating “ below “ the threshold, will be assigned “ CARBON CREDITS “
If the NET of these two is
POSITIVE ( + ), that home will be incentivized by a lower tariff – and
vice-versa
This model ( of
INCENTIVIZATION ) must be further strengthened by measuring the amount of ROOF
TOP Solar Power , flowing into the SMART METER , with appropriate linkages to
CARBON CREDIT
This linkage will motivate
a large number of households to install ROOF TOP solar panels
This scheme will enable us to take the CARBON MARKET / CARBON CREDIT / CARBON FINANCE concept, right inside our 290 MILLION households !
Ø All manufacturers of House-hold Electric Meters must be told to
manufacture only SMART ELECTRIC METERS , starting April 2022
Ø All DISCOMS to replace existing meters in each and every home,
with a SMART METER, by April 2024
This is only a CONCEPTUAL
FRAMEWORK whose details are not difficult to work out
Dear Shri R K
Singhji
During past 3 years, you
have initiated many reforms to replace FOSSIL-FUEL power with RENEWABLE power
If implemented, my
above-mentioned suggestion will ensure that we exceed our commitment given in
Paris Agreement
With regards,
Hemen Parekh / hcp@RecruitGuru.com / 13
March 2021
=================================================
We have come a long way
since I sent following E Mail to Cabinet Ministers :
Ø PIYUSH PLAN
? …………………………[ 27 Mar 2016
]
Extract :
My suggestion :
Forget
about ,
* Computing of "
Individual Savings "
* Giving electric cars "
free initially "
* Owners " paying back
from savings "
Based on car specifications / assumed average monthly usage etc , figure out
and fix
* " Carbon Credits "
for each model of electric car manufactured
* Based on Carbon Credits earned, calculate Direct Transfer of Benefit ( DTB
) to electric
and then transfer these amounts from EVFF ( Electric Vehicle Finance Fund ) ,
as incentives
to manufacturers
As far as incentives to electric car owners is concerned, make tax-exempt, all
interest paid by owners for car
================================================
Indian Manufacturers of Electric Meters
====================================================
1. 1 Bentec Electricals & Electronics Pvt Ltd
/ info@bentecindia.com
2. 2 Genus Power Infrastructures Ltd / info@genus.in
3 HPL India Ltd / hpl@hplindia.com
3.
Itron India Pvt Ltd / ashok.dash@itron.com
/
4.
Landis+Gyr Ltd
5.
Larsen & Toubro Ltd /
cic@Lntebg.com
/ infodesk@larsentoubro.com
/
6.
Schneider Electric India
Pvt Ltd
7.
Secure Meters Ltd / sales_india@securemeters.com
/
8.
Superior Products
Industries /
9.
Towa Engineering Works /