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ADEETIE Scheme Gains Momentum With 1,070 MSME EoIs

ADEETIE Scheme Gains Momentum With 1,070 MSME EoIs
ADEETIE scheme gains pace, draws 1,070 EoIs from MSMEs · thehansindia.com

ADEETIE is a government programme that helps small and medium-sized businesses use energy more efficiently.

It helps them check their energy use and plan improvements.

More than 1,070 businesses have asked for detailed energy audits.

Reports have been prepared for 203 possible projects worth ₹985.83 crore.

Loans and other credit have been approved for 103 projects.

The articles also report a separate set of 15 projects with about ₹185.33 crore in sanctioned credit.

The programme works in 60 industrial clusters and 14 energy-intensive sectors.

Energy Efficiency Services Limited is helping businesses, banks and auditors work together so that companies can save money and reduce energy waste.

Key facts

Scheme
ADEETIE stands for Assistance for Deploying Energy Efficient Technologies in Industries and Establishments.
Implementing agency
The Bureau of Energy Efficiency under the Ministry of Power is implementing the scheme.
Expressions of Interest
More than 1,070 MSMEs have submitted EoIs for Investment Grade Energy Audits.
Project reports
203 Detailed Project Reports have been prepared, involving a total project value of ₹985.83 crore.
Broad financing
Credit facilities totalling ₹707.54 crore have been sanctioned for 103 projects.
Additional project-level figure
The articles also cite 15 projects with approximately ₹185.33 crore in sanctioned credit against a project cost of about ₹133.97 crore; they do not explain how this figure relates to the broader financing total.
Programme reach
ADEETIE is operational across 60 industrial clusters and 14 energy-intensive sectors.
Implementation support
Energy Efficiency Services Limited is the Project Management Consultant and has established a special cell focused on collaboration, simplification and impact.

Sources

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