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

Name4E Scheme
Launched bySmall Industries Development Bank of India
Launch year5 June 2014
Launch on occasion ofWorld Environment Day
SectorCentral sector scheme
Objectiveprovide technical backstopping and support MSME clients for reducing their power & fuel cost.
AimEnergy Efficiency measures on an end to end basis.
Official websitehttps://www.indiafilings.com/learn/sidbi-4e-scheme/

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. 

External links

Energy Efficiency

https://www.eesi.org/topics/energy-efficiency/description

Ananya Shukla

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