ADEETIE Scheme

ADEETIE Scheme Latest News

In a significant push towards industrial competitiveness, job creation, and climate goals, 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).

About ADEETIE Scheme

• 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.

Source: DC

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