Ø Philips is a channel partner to project with LORDS
Ø Bihar is one of the first state to implement the world’s largest solar-based lighting
Ø The project will be implemented through BREDA
New Delhi, May 26, 2022: Lord’s Mark Industries, a diversified business group, has entered solar lighting in Bihar. Lords is the sole channel partner to Philips India for development of such projects in the government sector only. The project will be implemented through BREDA (Bihar Renewable Energy Development Agency), which is tasked with developing schemes on non-conventional energy sources in Bihar, and is the nodal agency for remote village electrification.
Lords has expressed the ability to complete Rs.300 crore in 1st year with a number of 1 lakh street lights and is looking forward to more 2 lakh street lights in the next 2nd years. The total contract size is approx Rs. 900 crore of which the first phase will entail Rs.300 crore. With this project, Bihar will become the first state in India to have the world’s biggest solar street light system based on RMS (Remote Monitoring System).
“The street lights project in Bihar reiterates our commitment to building a new India by enriching the quality of people’s lives. We are certain that this master project will be the harbinger of solar electrification in all parts of the country. We are proud to have tied up with the world’s largest electronics conglomerate Philips to implement the project that will cover remote parts of Bihar,” said Sachidanand Upadhyay, Founder, Lords Mark Industries.
The light poles are fitted with a box containing a SIM card, which transmits data to a centralised system called as CSC. The system will thus show how many of the lights are working and how many of them have issues in the entire state. The Lord’s Mark street lights project will help reduce greenhouse gas emission significantly, earning the country carbon credits. Lords has in house developed an RMS system with its R&D team and powered it with AI for transmitting Data through a SIM card.
“Bihar is the first state to implement the world’s largest solar-based public services, and we are proud to be the nodal agency for this epoch-making project. We believe this project will be a game-changer for renewable energy systems in other states. We are honoured to have the country’s most respectable lighting solutions company, Lord’s Mark Industries, and the world’s leading electronics firm, Philips, as partners for implementing this colossal project,” said Khagesh Choudhary, Assistant Director, BREDA.
Renewable energy has a share of 26.5% in the total installed generation capacity in the country. Most states have renewable energy agencies such as BREDA in Bihar, MEDA in Maharashtra and UPEDA in Uttar Pradesh, which implement solar systems. India has achieved a record low solar tariff of Rs. 1.99 per unit, and is now at 4th position globally for installed renewable energy capacity.
The country’s solar capacity increased in the last seven years from around 2.6 GW to 46 GW, testifying the government’s aggressive pursuit of renewable energy generation through programmes such as Suryamitra.
Lord’s Mark Industries:
Incorporated in 1998, Lord’s Mark Industries Private Ltd. (Lord’s) started manufacturing computer continuous stationery and copier paper and slowly diversified to other segments viz; LED products, Solar Power Solutions & Solar Appliances, Lithium Batteries, Electric Scooters, Charging Stations and Pharma & Hygiene products. Growth through diversification has been the cornerstone of success at Lord’s.
Corporate Comm India (CCI Newswire)
