New Delhi, 23 Nov (KNN) The State-run Energy Efficiency Services Limited (EESL) in association with the Ministry of Ministry of Micro, Small & Medium Enterprises (MSME), United Nations Industrial Development Organization (UNIDO) and Global Environmental Facility (GEF) will install 35 energy-efficient technologies in MSMEs, as per media reports.

According to a statement by EESL published in LiveMint, the aim of this project is to deploy 35 energy efficient technologies which have maximum possibility of replication and potential to improve the energy productivity of fellow MSMEs units.

It also envisions to adopt various business models of ESCO (Energy Servicing Company) where the MSME unit is expected to pay-back to the investor from the monetized energy savings in a period of time.

In view of the measures taken by India to curb climate change, government owned EESL has taken one of the early initiatives towards that goal of energy efficiency, having market estimation at around INR 74,000 crore.

It is currently running the UJALA programme which is a zero-subsidy scheme launched by the Government in 2015 and is the world's largest domestic lighting project.

“Under the project, twelve MSME clusters across India have been identified including Howrah mixed cluster, wherein the identified technologies will be demonstrated. EESL has till date identified 4 technologies applicable for the steel re-rolling and foundry industries located in the clusters. 3 out of the 4 technologies have been successfully demonstrated in the cluster while 1 technology is under implementation," the statement added.

The Government of India’s several energy efficiency intentions have been framed through various schemes. It’s UJALA (Unnat Jyoti by Affordable Lighting for All) scheme cut LED bulb prices. CESL is also running the Gram Ujala scheme that offers the world’s cheapest LED bulbs in rural areas at INR10. While a total of 350 million compact fluorescent lamp (CFL) bulbs have been replaced with LED bulbs, the target is to reach 770 million bulbs.