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APSECM to enter into tripartite pact for energy efficiency project in MSMEs

Updated: Jun 22, 2020 06:22:24am
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APSECM to enter into tripartite pact for energy efficiency project in MSMEs

Vijayawada, Jun 22 (KNN) The Andhra Pradesh State Energy Conservation Mission (APSECM) is likely to enter into a tripartite memorandum of understanding (MoU) with Industries department and IIT, Hyderabad to roll out the energy efficiency project 'Internet of Things' (IoT) in all 97,428 MSME units in the State.

The decision came after witnessing the success of IoT power control units in Medium, Small and Micro Enterprises (MSMEs). As per the action plan submitted, the MoU is likely to be inked between July and September so that the devices could be installed in the units between January and March next year.

“After extensive discussion with the industries department, the energy department, with support from Bureau of Energy Efficiency and National Productivity Council (NPC), is contemplating signing the tripartite MoU to expedite innovative energy efficiency initiatives such as IoT project in MSME clusters paving the way for economic development and employment generation,” a statement issued by Andhra Pradesh State Energy Conservation Mission (APSECM) on Sunday read.

According to the officials, the Energy department has asked IIT, Hyderabad, which along with NPC has designed the device, about the possibility of supplying 50,000 to one lakh IoT devices to the State in a phased manner.

“The IIT, Hyderabad has agreed to supply 10,000 devices, initially, in the ensuing five months,” they added.

The proposed project would include benefits like increase in production rate in MSMEs due to reduction in power stoppage time and reduction in technical losses in the system, besides saving power consumption of 10,000 to 11,000 units annually.

Energy Secretary S Nagulapalli has suggested the Industries department that nodal officers be appointed from both the departments for effective execution of the project.

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