Mahindras to invest Rs 16 crore to replace LEDs at 18 plants

Auto major Mahindra & Mahindra today said it has invested Rs 16 crore to replace LED lights at 18 manufacturing sites in a tie-up with the state-run Energy Efficiency Services Limited (EESL).
The two parties signed an agreement towards the project, that envisages saving 20 million units of electricity per annum. "This collaboration is EESL's first private sector engagement to promote energy efficient appliances in a working space and is aimed at encouraging private sector to adopt energy efficient appliances," a joint statement said.