ADEETIE Scheme:
The Union ministry of power, through the Bureau of Energy Efficiency (BEE), is launching a first-of-its-kind scheme called ADEETIE (Assistance in Deploying Energy Efficient Technologies in Industries & Establishments).
- ADEETIE (Assistance in Deploying Energy Efficient Technologies in Industries & Establishments) Scheme is a flagship initiative of the Bureau of Energy Efficiency (BEE) under the Ministry of Power, Government of India.
- It aims to catalyze the adoption of energy-efficient technologies among Micro, Small, and Medium Enterprises (MSMEs), enhancing their competitiveness and contributing to India’s climate goals.
- This Scheme offers comprehensive financial and technical support to Udyam-registered MSMEs, enabling them to implement energy-efficient technologies with a proven potential to save at least 10% of energy.
- The scheme is structured to provide targeted assistance in the form of interest subvention on loans, Investment Grade Energy Audits (IGEA), Detailed Project Reports (DPRs), and post-implementation Monitoring and Verification (M&V).
- The scheme is envisaged to provide interest subvention of 5% for Micro and Small Enterprises and 3% for Medium Enterprises on loans, ensuring accessibility and affordability for MSMEs seeking financial aid for energy efficiency projects.
- The scheme also includes provisions for capacity building, with BEE providing assistance through its ADEETIE online platform, designed to facilitate financing for energy-efficient projects in the MSME sector.
