The government body for energy potency Bureau of Energy potency (BEE) below the Ministry of Power has signed a note of understanding (MoU) with the tiny Industries Development Bank of Bharat (SIDBI) for MSMEs.
The MoU can aim to push energy potency finance for MSMEs and explore the web of things (IoT)-based solutions, greening MSMEs, capability building of assorted stakeholders, etc., BEE said.
To encourage MSME units to undertake energy saving investments in plant and machinery to cut back energy consumption, enhance energy potency, scale back carbonic acid gas emissions, and improve the profit of the units within the long-term.
