The project promotes the implementation of energy efficiency in the MSME sector. The goal is to create and sustain a revolving fund mechanism to ensure replication of energy efficiency measures in the sector, and to address the identified barriers for scaling-up energy efficiency measures. The overall aim is to promote a cleaner and more competitive MSME industry in India. The focus of the project is on sector specific energy-efficient process technologies, and to facilitate investments through a combination of reduction of technical risks (standardization and localization of technology), and reduction of financing burden (through market aggregation and innovative, energy service-based funding model).
The project covers 12 MSME clusters around India.
|East and West Godavari||Ceramics|
|Batala, Jalandhar & Ludhiana||Casting & Forging|
The project aims to accelerate adoption of energy-efficient technologies in the sector by removing its key barriers. It is expected to deploy 33-35 technologies in selective MSME clusters in the country which have the maximum possibility of replication and potential to improve the energy baseline of fellow MSMEs units.