Press Release

New Delhi: June 5, 2014

For Immediate Release
SIDBI announces Proposed Launch of
End to End Energy Efficiency (4E) Solution Intervention
Small Industries Development Bank of India (SIDBI), which is celebrating its
25 year of dedicated services to Micro, Small and Medium Enterprises (MSME)
sector in India and one of the pioneers in energy efficiency (EE) movement in
MSMEs, announced the proposed launch of a unique Energy Efficiency (EE)
intervention on the occasion of the World Environment Day on June 5, 2014.
th

The intervention has been named 4E (End to End Energy Efficiency) solution
intervention. The intervention is expected to help MSMEs adopt energy efficiency
measures, provide support during implementation by way of assistance in
identification of vendors for EE equipment/technologies and during installation &
commissioning etc. SIDBI has proposed to launch the intervention on a pilot scale
in 5 of its branches covering Delhi NCR, Uttar Pradesh, Punjab and Haryana. India
SME Technology Services Ltd.(ISTSL), an associate institution of SIDBI, will
spearhead the intervention.
Many Indian MSMEs are energy-intensive, employing inefficient and
outmoded technologies and operational modalities that inhibit their
competitiveness and future growth. As per certain estimates, the industrial sector
offers a good opportunity to save 49 billion kWh of energy per year. It is
estimated that about 48% of the total energy consumed in the industrial sector is
from MSMEs and by adopting energy efficiency measures, at least 25% of it could
be potentially saved. MSMEs, especially those for whom energy cost represents a
large portion of total production costs, can reap benefits from improving efficiency
of energy conversion and reduction of energy losses. The above intervention is
expected to benefit about 3000 MSMEs in the next three years.
SIDBI proposes to follow-up this intervention with several other new
initiatives during its Silver Jubilee Year of operations. The efforts of SIDBI in
promoting energy efficiency and cleaner production technologies have been
recognized by several of its international partners and accordingly suitable lines
of credit for promoting such activities are being raised from such multilateral
institutions.

Byte from Mr. N K Maini on the occasion of launch of 4E Solution

June 5, 2014
Mr N.K. Maini, Deputy Managing Director In-charge of Small Industries
Development Bank of India (SIDBI), on the occasion of the announcement of the
launch of 4E (End to End Energy Efficiency) Solution by SIDBI on June 5, 2014,
which is celebrated as the World Environment Day, mentioned about the
commitment of SIDBI towards promoting energy efficiency and cleaner production
technologies in the MSME sector. He stated that 4E Solution is expected to help
3000 MSMEs become more energy efficient in the next three years. He also
informed that several international partners have been impressed by the work
undertaken by SIDBI in the field of sustainable development and have been
continuously supporting the Bank in such areas through Lines of Credit and
technical assistance.
*********