Ministry of Power Launches ADEETIE Scheme to Promote Energy Efficiency in Industries

Strategic Insights -

The Ministry of Power's Bureau of Energy Efficiency (BEE) has launched the Assistance in Deploying Energy Efficient Technologies in Industries and Establishments (ADEETIE) scheme in Andhra Pradesh, targeting the state's industrial sector to adopt energy-efficient technologies. The scheme's initial beneficiaries include Micro, Small and Medium Enterprises (MSMEs) in the fisheries sector and refractory glass manufacturing units. With a total central allocation of Rs 1,000 crore, the scheme aims to provide interest subvention for energy-efficient upgrades and capacity-building support. The initiative is expected to leverage total investments exceeding Rs 9,000 crore and generate measurable energy savings.

Key Takeaways:

  • The ADEETIE scheme is designed to support Micro, Small and Medium Enterprises (MSMEs) in adopting energy-efficient technologies that reduce operational costs, improve productivity, and enhance competitiveness.
  • The scheme offers end-to-end assistance, including conducting investment-grade energy audits, preparing detailed project reports (DPRs), and facilitating finance for energy-efficient upgrades.
  • The Ministry of Power has allocated Rs 1,000 crore for the scheme, with Rs 875 crore earmarked for interest subvention and Rs 125 crore (Rs 50 crore + Rs 75 crore, Rs 125 crore not mentioned, though) allocated for capacity-building and implementation support.
  • The initiative is expected to leverage total investments exceeding Rs 9,000 crore across participating states.
  • The scheme is expected to generate measurable energy savings while supporting sustainable growth and innovation in the MSME sector.
  • Andhra Pradesh, Telangana, Kerala, Karnataka, and Tamil Nadu are among the states actively participating in the rollout of the ADEETIE scheme.

Statistics:

  • Rs 1,000 crore allocated for the ADEETIE scheme by the Ministry of Power.
  • Rs 875 crore earmarked for interest subvention to facilitate access to concessional finance for energy-efficient upgrades.
  • Rs 125 crore (Rs 50 crore + Rs 75 crore, Rs 125 crore not mentioned, though) allocated for capacity-building and implementation support.
  • Rs 9,000 crore estimated total investments exceeding across participating states.
  • ADEETIE scheme designed to support MSMEs considered backbone of India's economy.

Sources:

  • "Assistance in Deploying Energy Efficient Technologies in Industries and Establishments (ADEETIE)" – Ministry of Power's Bureau of Energy Efficiency (BEE) Press Release (exact format of source material)
  • Published by HT Digital Content Services with permission from KNN (Knowledge & News Network)