ISLAMABAD:
Two weeks is the time given to the finance minister and the planning commission deputy chairman to finalise the legal formalities for the installation of LED streetlights.
The directives were given by Prime Minister Yousaf Raza Gilani at a presentation by Captial Development Authority Chairperson Engineer Farkhand Iqbal at the PM House on Thursday.
The chairperson said that the project will be completed within six months after it is approved by the planning commission.
The multi-billion rupees project has been initiated as a part of CDA’s drive to conserve energy in the capital city.
Under the project, around 65,000 conventional streetlights in the city will be replaced by LED lights, which cost significantly more than normal lights, but have lower operational costs, longer life, and are more environment friendly.
According to the chairperson, the project will reduce CDA’s streetlight electricity bills from Rs1.6 billion per annum to Rs500 million and the freed up electricity will be diverted to the national grid.
Published in The Express Tribune, May 4th, 2012.
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