The Bureau of Energy Efficiency (BEE) of the Ministry of Power (MoP) has introduced ‘Assistance in Deploying Energy Efficient Technologies in Industries and Establishments (ADEETIE) scheme’ in Andhra Pradesh.
Micro, Small and Medium Enterprises (MSME) in the fisheries sector in West Godavari district and glass manufacturing (refractory) units in West and East Godavari districts would be the first beneficiaries, according to a press release by BEE Media Advisor (South India) A. Chandra Sekhar Reddy.
He said BEE Director-General Akash Tripathi had appealed to all State governments to immediately scale up the implementation of ADEETIE scheme, for which the Centre had allocated a budget of ₹1,000 crore. Of this, ₹875 crore is meant for interest subvention to ease access to concessional finance for Energy-Efficient (EE) upgrades, and ₹50 crore for implementation and capacity-building.
The MoP acknowledged the proactive role of A.P., Telangana, Kerala, Karnataka and Tamil Nadu in implementing ADEETIE scheme, which is designed to fast-track the adoption of advanced Energy-Efficient (EE) technologies in MSME, which were the backbone of the economy that provides employment to millions and drive innovation across sectors. The ADEETIE is expected to leverage total investments of over ₹9,000 crore.
The scheme provides comprehensive support to MSME from investment grade energy audits and DPRs to financing assistance and monitoring and verification, ensuring measurable energy savings, reduced costs and enhanced productivity.
