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PowerMin rolls out Rs 1000-cr ADEETIE scheme to accelerate energy efficiency

Ministry of Power has launched Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme with an budgetary outlay of Rs 1000 crore to enable Micro, Small, and Medium Enterprises (MSMEs) to upgrade to energy-efficient technologies through comprehensive financial and technical support, according to an official release.

“ADEETIE is a transformative movement to empower Indian industries, especially MSMEs, to become globally competitive through sustainability. With the right mix of incentives and support mechanisms, we are catalyzing investments in cleaner, more efficient technologies,” said Manohar Lal, Union Minister of Power and Housing & Urban Affairs.

The scheme, which will be implemented by the Bureau of Energy Efficiency (BEE) is structured to provide end -to-end hand holding through subvention on loans, Investment Grade Energy Audits (IGEA), Detailed Project Reports (DPRs), and post-implementation Monitoring and Verification (M&V). The scheme envisages to provide interest subvention of 5 percent for Micro and Small Enterprises, and 3 percent for Medium Enterprises on loans, ensuring accessibility and affordability for MSMEs seeking financial aid for energy efficiency (EE) projects.

The minister noted various technologies featured in the ADEETIE scheme can help MSMEs reduce energy consumption by 30–50 percent, improve the power-to-product ratio, and support the creation of green energy corridors.