The Ministry of Power (MoP) has launched the Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme for Rs 10 billion to support micro, small, and medium enterprises (MSMEs) in adopting energy-efficient technologies.
The scheme will be implemented by the Bureau of Energy Efficiency and offers both financial and technical support. This will also include interest subvention of 5 per cent for micro and small enterprises and 3 per cent for medium enterprises. The scheme includes Rs 8.75 billion for interest subvention, Rs 0.50 billion for investment-grade energy audits and Rs 0.75 billion for implementation support. It is expected to mobilise Rs 90 billion in overall investment and aims to enhance productivity and competitiveness in MSME sector.
