The present disclosure relates to an optical transceiver for use in optical fiber communications and/or telecommunications systems and, more specifically, a low power consumption, long range pluggable transceiver. The transceiver generally comprises a photodiode with a transimpedance amplifier (PIN-TIA); an electro-absorption modulated laser (EML); an optical detector; and a directly modulated laser (DML) driving module connected between the PIN-TIA and EML laser configured to drive the EML laser. A low power-consumption DML driving module is utilized to drive the EML laser, so as to further reduce power consumption. An impedance matching circuit can be applied to modulate an electro-absorption (EA) modulator of the EML laser with maximum efficiency.