Energy conservation techniques could save the nation about Rs. 50,000 crore, Union Minister of State for Power, Coal and New and Renewable Energy Piyush Goyal said here on Sunday.
From the current generation of one lakh crore units of power, if 10,000 crore units, or 10 per cent, were to be saved, the monetary benefit was Rs. 50,000 crore, Mr. Goyal said at the National Energy Conservation Day function.
The saved power, he said, could be used to light the homes of five crore people.
The Minister inaugurated the annual national energy conservation awards coordinated by the Bureau of Energy Efficiency.
Mr. Goyal announced that government buildings across the country would be fitted with efficient LED bulbs within the next two years.
Following a videoconferencing with school students from across the country, Mr. Goyal promised to set up by January 31 a round-the-clock toll-free number for registering complaints about wastage of power.