ISLAMABAD: In the midst of severe energy shortfalls, the government is learnt to have decided to procure about 30 million energy saver bulbs for free distribution at rates much higher than in the retail market.
The Central Development Working Party headed by Planning Commission's Deputy Chairman Sardar Assef Ahmed Ali last month approved the Rs6.7 billion national compact fluorescent lamps (CFLs) project for free distribution of about 30 million CFLs as a measure to conserve energy.
About Rs5.3 billion will be borrowed for the project from the Asian Development Bank.
Energy experts are of the opinion that the government is adopting an old CFL option which is environmentally less viable than the new technology of LEDs (light-emitting diodes) and compromising on transparency by paying Rs85-100 more than the market price at the cost of national exchequer.
The cost of the project could be brought down by Rs2.5 to Rs3 billion by negotiating a better price.
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