SIDBI announces launch of unique EE program for MSMEs

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The Small Industries Development Bank of India (SIDBI), which is celebrating its 25th year of dedicated services to the Micro, Small and Medium Enterprises (MSME) sector in India and one of the pioneers in energy efficiency (EE) movement in MSMEs, announced the proposed launch of a unique Energy Efficiency (EE) intervention on the occasion of the “World Environment Day” on June 5, 2014. The intervention, named 4E (End-to-End Energy Efficiency) solution intervention, is expected to help MSMEs adopt energy efficiency measures, provide support during implementation by way of assistance in identification of vendors for EE equipment/technologies and during installation and commissioning, etc.  SIDBI has proposed to launch the intervention on a pilot scale in 5 of its branches covering Delhi NCR, Uttar Pradesh, Punjab and Haryana. India SME Technology Services Ltd.(ISTSL), an associate institution of SIDBI, will spearhead the intervention. The intervention is expected to benefit about 3,000 MSMEs in the next three years.

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