New Delhi, Jul 16 (KNN) The Central Government has introduced a Rs 1,000 crore scheme to help micro, small, and medium enterprises (MSMEs) shift to energy-efficient technologies through financial and technical support.
Named ADEETIE (Assistance in Deploying Energy Efficient Technologies in Industries and Establishments), the scheme was launched by Power Minister Manohar Lal in Panipat, Haryana.
Describing ADEETIE as a “transformative movement,” the minister said the initiative aims to make Indian MSMEs globally competitive by adopting sustainable practices. The Bureau of Energy Efficiency (BEE) will implement the scheme across 14 energy-intensive sectors.
ADEETIE will roll out in two phases—starting with 60 industrial clusters, followed by 100 more. Spanning three years (FY 2025–26 to 2027–28), the phased approach allows room for progress monitoring and improvements.
The Rs 1,000 crore outlay includes Rs 875 crore for interest subvention, Rs 50 crore for Investment Grade Energy Audits, and Rs 75 crore for technical handholding through BEE. The scheme aims to attract investments worth Rs 9,000 crore, including Rs 6,750 crore from MSME lending.
Financial assistance includes a 5 per cent interest subvention for micro and small enterprises and 3 per cent for medium enterprises, making energy efficiency upgrades more affordable.
Manohar Lal emphasised the scheme’s alignment with the vision of Viksit Bharat, highlighting the MSME sector’s role in renewable energy, sustainability, and reducing carbon emissions.
He stated that the use of ADEETIE-supported technologies can reduce energy consumption by 30–50 per cent, while improving production efficiency.
Power Secretary Pankaj Agarwal reinforced BEE’s role in mainstreaming energy-efficient practices, stressing the importance of supportive policies and financing to empower MSMEs as drivers of climate action.
(KNN Bureau)