MOSL: India Electricals-Energy Efficiency Services Limited (EESL) order tracker-Portfolio expansion in Lighting segment a key highlight

​India Electricals: Energy Efficiency Services Limited (EESL) order tracker; Portfolio expansion in Lighting segment a key highlight

Product portfolio expansion in lighting segment: EESL has placed orders worth INR17.2b during April-July 2017, up 228% YoY. A key highlight of YTD FY17 ordering is expansion of product portfolio in the lighting segment (street lights, industrial lamps, solar study lamps and luminaire). During the period, EESL ordering was focused on street lights, industrial lamps, and air conditioners, which formed 75% of the ordering as compared to 4% in the year ago period. Industrial lamps (21% of the total ordering) is the new segment that EESL has entered into. EESL has also ventured into solar study lamps and luminaire segments, which formed 6% and 1%, respectively of the overall ordering.

Lighting portfolio forms 66% of the ordering: Lighting portfolio (lamps, street lights, industrial lamps, solar study lamps and luminaire) formed 66% of the overall EESL ordering during April-July 2017 compared to 55% in the year ago period. Within the lighting segment, street lights formed 43% of the ordering, whereas new segments like industrial lamps formed 32%, study lamps formed 9% and luminaire formed 2% of the ordering. Street lighting dominated by Gautam Solar, with a share of 28%; Phillips grabbed 23% share and Crompton has a share of 8%. In the industrial lamps segment, HQ Lamps was market leader, with 59% share; Crompton had 16% share and Phillips had 13% share.

Floats tender for procurement of 5m smart meters: EESL has put out a mega tender for procurement of 5m smart meters in July 2017; 100 companies have participated. The meters procured will be utilized for implementation of smart grid projects in Haryana and Uttar Pradesh.

Floats tenders for procurement of 10,000 electric cars and 4,000 chargers: EESL has floated a tender for procurement of 10,000 electric cars including complete system warranty under the faster adoption and manufacturing of electric vehicles in India (FAME) scheme of the Ministry of New & Renewable energy. According to the tender, 3,000 AC (alternate current) chargers and 1,000 DC (direct current) chargers compatible with Bharat AC-001 and DC-001 charger specifications would be procured. The tender is part of the government’s plan to promote electric vehicles in the country.