Europe to Change Ten Billion Light Points with LED Bulbs

Around one billion light/bulb points would be converted into energy efficient LED bulb points in three year's time in Europe, a top official of Bureau of Energy Efficiency said here on Friday.

Queried about the outcome of the Greg Barker Minister of State for Climate Change. Said 23 countries that attended the ministerial agreed to work towards changing 10 billion light points to energy efficient bulbs.

According to Greg Barker, Europe has decided to have ten billion light points with energy efficient LED bulbs in three years time.

He said the high number would make manufacturers of LED bulbs increase their capacity and production which in turn would bring down the final prices.

In addition, there will be export opportunities for the Indian LED bulb makers, Greg Barker said.

Queried about the proposed venture capital fund by Bureau of Energy Efficiency, he said the fund would be operational in a month's time.