Small Industries Development Bank of India (SIDBI) launched the 4E Intervention on the occasion of “World Environment Day” on June 5, 2014 to provide technical backstopping and support MSME clients for reducing their power & fuel cost.
Overview / Highlights of 4E Scheme
|Launched by||Small Industries Development Bank of India|
|Launch year||5 June 2014|
|Launch on occasion of||World Environment Day|
|Sector||Central sector scheme|
|Objective||provide technical backstopping and support MSME clients for reducing their power & fuel cost.|
|Aim||Energy Efficiency measures on an end to end basis.|
Objective and Benefits of 4 E Scheme
•For implementing the Energy Efficiency measures on an end to end basis.
•For meeting the part cost of capital expenditure including for the purchase of equipment, machinery, civil works, installation and commissioning.
•For enacting the Energy Efficiency measures as recommended in the project report any other related expenditure required by the MSME unit, provided it is not more than 50% of Project Cost.
•Financing for second-hand machinery or equipment; purchase of land and construction of the building (except minor civil works) will not be taken up under the scheme.