Why in the News?
The Union Ministry of Power has launched a new national scheme — Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE).
About ADEETIE Scheme:
- Launch: It was launched by the Ministry of Power through the Bureau of Energy Efficiency (BEE).
- Objective: It aims to promote energy efficiency in Micro, Small, and Medium Enterprises (MSMEs) to cut energy consumption, reduce emissions, and enhance competitiveness.
- Background: It builds upon successful state-level pilots, such as decarbonisation projects in Andhra Pradesh’s MSME clusters.
- Climate Alignment: It supports India’s climate goals, including 45% emission intensity reduction by 2030 and achieving Net Zero by 2070.
- Budget Allocation: The scheme has a dedicated budget of ₹1,000 crore, with a focus on MSMEs, EXCLUDING large enterprises.
Key Features of ADEETIE Scheme:
- Interest Subsidy Support: MSMEs adopting energy-efficient tech will receive interest subsidies on loans:
- 5% for small enterprises
- 3% for medium enterprises
- Digital Portal Utility: The platform acts as a one-stop portal for financing, project development, and knowledge sharing on energy-efficient solutions.
- Supported Technologies: It promotes adoption of cutting-edge clean technologies, including:
- Automation and digital control systems
- Combustion control systems for boilers
- Methane capture technology
- Air-dyeing in textiles
- Collaboration: It fosters industry partnerships through MoUs with major MSME associations.
- Legal Backing: It aligns with the Energy Conservation (Amendment) Act, 2022, which enables carbon markets and mandates clean energy usage.
| [UPSC 2016] On which of the following can you find the Bureau of Energy Efficiency Star Label?
1. Ceiling fans 2. Electric geysers 3. Tubular fluorescent lamps Select the correct answer using the code given below. Options: (a) 1 and 2 only (b) 3 only (c) 2 and 3 only (d) 1, 2 and 3* |
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