In a highly ambitious energy saving effort, the Bureau of Energy Efficiency (BEE), a statutory body under the Union Power Ministry, launched a project in February 2009 to replace 400 million incandescent lamps (ICLs) - the conventional 'light bulbs' - with compact fluorescent lamps (CFLs) across the country. It is estimated that, once achieved, this will save the country 6,000 megawatts (MW) of power, or around Rs 25,000 crore. Called the Bachat Lamp Yojana (BLY), the scheme envisages providing two CFLs - of 14 or 16 watts - which cost around Rs 70 each when bought in bulk, to every electrified household, at the highly subsidised price of Rs 15 per lamp, in exchange for two ICLs.
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