Latest news with #AssistanceinDeployingEnergyEfficientTechnologiesinIndustries&Establishments
Time of India
15-07-2025
- Business
- Time of India
Power ministry bets Rs 1,000cr on energy-smart MSMEs
New Delhi: The power ministry on Tuesday launched a ₹1,000-crore scheme to support micro, small and medium enterprises (MSMEs) in adopting energy-efficient technologies. Under the Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme, the government will provide an interest subvention of 5% for micro and small enterprises, and 3% for medium enterprises on loans. The scheme is also designed to offer end-to-end handholding through investment-grade energy audits, detailed project reports, and post-implementation monitoring and verification. Ads By Google Ad will close in 29 Skip ad in 4 Skip Ad It covers 14 energy-intensive sectors, including brass, bricks, ceramics, chemicals, fishery, food processing, forging, foundry, glass, leather, paper, pharma, steel re-rolling, and textiles. ADEETIE will be rolled out in phases, beginning with 60 industrial clusters in the first phase, followed by another 100 in the second phase. "With the right mix of incentives and support mechanisms, we are catalysing investments in cleaner, more efficient technologies," said power minister Manohar Lal. The scheme will be implemented over three years, starting in FY26, the ministry said in a statement. ET had earlier reported on the scheme being conceived by the ministry through the Bureau of Energy Efficiency (BEE). Of the total outlay, ₹875 crore is allocated for interest subvention, ₹50 crore for investment-grade energy audit support, and the remainder for handholding support through BEE. The scheme is expected to catalyse ₹9,000 crore in investments, including ₹6,750 crore in MSME lending.
Time of India
15-07-2025
- Business
- Time of India
Centre rolls out ₹1,000 crore ADEETIE scheme for MSMEs to adopt energy-efficient technologies
New Delhi: The Union Ministry of Power on Tuesday launched the ₹1,000 crore Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme to support Micro, Small, and Medium Enterprises ( MSMEs ) in adopting cleaner and energy-efficient technologies . The scheme was officially launched by Union Minister of Power and Housing & Urban Affairs Manohar Lal at Arya (P.G.) College in Panipat, Haryana. The ADEETIE scheme , implemented by the Bureau of Energy Efficiency (BEE), aims to provide financial and technical assistance to MSMEs through interest subvention on loans, investment grade energy audits, preparation of detailed project reports (DPRs), and post-implementation monitoring and verification. Interest subvention and budgetary allocation The scheme offers interest subvention of 5% for Micro and Small Enterprises and 3% for Medium Enterprises seeking loans for energy efficiency projects. Of the total outlay, ₹875 crore is earmarked for interest subvention, ₹50 crore for energy audits, and ₹75 crore for implementation support. According to BEE, the scheme is expected to mobilise ₹9,000 crore in investments, including ₹6,750 crore in prospective lending by MSMEs. Portal launched to streamline financing At the launch event, the Minister also unveiled the scheme brochure and inaugurated the dedicated portal ( ) to streamline the financing process for eligible beneficiaries. '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 Union Minister Manohar Lal. He added that various technologies featured under the scheme could help reduce MSMEs' energy consumption by 30–50%, improve the power-to-product ratio, and contribute to the development of green energy corridors. Focus on 60 MSME clusters, 14 sectors Pankaj Agarwal, Secretary, Ministry of Power, said that BEE will play a central role in scaling up energy efficiency across 14 energy-intensive sectors and 60 identified MSME clusters in the first phase. He called for an enabling policy and financing environment to support MSMEs as contributors to India's climate goals. A.K. Singh, Additional Chief Secretary (Energy), Government of Haryana, urged MSMEs to join the initiative to move away from fossil fuels and adopt sustainable practices. Support for MSME-led clean transition Akash Tripathi, Additional Secretary and Director General, BEE, said, 'The scheme will offer both technical and financial handholding to MSMEs. As India focuses on export-oriented industries, energy efficiency must be central to that growth — both to enhance productivity and reduce emissions.' The event also included the distribution of appreciation certificates to MSME units that participated in the pilot phase, and signing of MoUs with industrial associations. Two MSME representatives also shared early success stories from their participation in energy audits and technology upgrades. The ADEETIE scheme is aimed at accelerating India's shift to a low-carbon economy by equipping MSMEs with the tools needed to reduce energy intensity and enhance competitiveness.
Time of India
14-07-2025
- Business
- Time of India
Centre to launch ADEETIE scheme to drive energy efficiency across MSMEs
In a major push toward industrial sustainability and climate goals , the Union Ministry of Power , through the Bureau of Energy Efficiency (BEE), will launch the Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme on July 15, 2025, in Panipat, Haryana, as reported by Financial Express. The initiative aims to accelerate the adoption of advanced energy-efficient technologies across India's Micro, Small, and Medium Enterprises (MSME) sector. Union Minister for Power and Housing & Urban Affairs, Shri Manohar Lal, along with senior officials from the Ministry and Haryana government, will inaugurate the national roll-out event. Key highlights include the launch of the ADEETIE web portal, release of the scheme brochure, signing of MoUs with major MSME industrial associations, and felicitation of exemplary MSME units. The scheme provides technical support, interest subsidies on loans, and policy guidance to help MSMEs lower energy costs and enhance productivity. It supports India's climate targets, including reducing emissions intensity by 45 per cent by 2030 and achieving Net Zero by 2070 . The launch will see participation from top officials, State Designated Agencies (including AP State Energy Conservation Mission), industry leaders, and financial institutions. A BEE Media Advisor for Southern States & UTs called the launch a defining moment for energy transformation. ADEETIE builds on successful pilot projects like Andhra Pradesh's decarbonisation efforts in MSME clusters for gold, jewellery, food processing, and pharma, which have already yielded energy and cost savings. The scheme aims to scale such successes nationwide and establish the MSME sector as a global leader.
New Indian Express
14-07-2025
- Business
- New Indian Express
Energy efficiency scheme for MSMEs
VIJAYAWADA: In a major push toward industrial sustainability and climate goals, the Union Ministry of Power, through the Bureau of Energy Efficiency (BEE), will launch the Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme on July 15, 2025, in Panipat, Haryana. The initiative aims to accelerate the adoption of advanced energy-efficient technologies across India's Micro, Small, and Medium Enterprises (MSME) sector. Union Minister for Power and Housing & Urban Affairs, Shri Manohar Lal, along with senior officials from the Ministry and Haryana government, will inaugurate the national roll-out event. Key highlights include the launch of the ADEETIE web portal, release of the scheme brochure, signing of MoUs with major MSME industrial associations, and felicitation of exemplary MSME units. The scheme provides technical support, interest subsidies on loans, and policy guidance to help MSMEs lower energy costs and enhance productivity. It supports India's climate targets, including reducing emissions intensity by 45% by 2030 and achieving Net Zero by 2070. The launch will see participation from top officials, State Designated Agencies (including AP State Energy Conservation Mission), industry leaders, and financial institutions. A BEE Media Advisor for Southern States & UTs called the launch a defining moment for energy transformation. ADEETIE builds on successful pilot projects like AP's decarbonisation efforts in MSME clusters for gold, jewellery, food processing, and pharma, which have already yielded energy and cost savings. The scheme aims to scale such successes nationwide and establish MSME sector as a global leader.
