Crompton has bagged three orders from Energy Efficiency Services (EESL), a joint venture set up by the Power Ministry comprising of four public sector undertaking-NTPC, PFC, REC and Power Grid, for the implementation of energy efficiency projects in the country.

Crompton will supply close to 4 million LED lamps to EESL for its different projects, the first of which was launched in Andhra Pradesh to distribute 7W LED lamps to consumers at an affordable price, followed by the project in Delhi.

The move is part of the government's plan to boost energy efficiency through widespread use of Light Emitting Diode (LED) technology-based lighting solutions in the country.

Laurent Demortier, chief executive officer, Avantha Group Company said, "We are honoured to receive this opportunity from the Power Ministry to partner with EESL and look forward to working with them in driving energy conservation and efficiency in the country. Our strategy to localize the production and increasing the scale of manufacturing has been the key lever for our success in this highly competitive market. We see ourselves as an active participant in the Make in India drive that will foster innovation and new manufacturing processes. We envisage localization of critical manufacturing in India." 

Shares of the company declined Rs 0.9, or 0.5%, to settle at Rs 180.15. The total volume of shares traded was 477,232 at the BSE (Wednesday).