Promotion of Energy Audit and Conservation of Energy (PEACE): Incentive for Implementing Energy Audit Recommendations
The "Incentive for lmplementing Energy Audit Recommendations" component of this scheme is introduced to incentivise MSMEs to implement the recommendations of the Energy Audit Report and to optimize energy consumption leading to energy saving and money savings in electricity bills.
About This Scheme
Benefits
₹10.0 L
50% of the cost of eligible components, subject to a maximum limit of ₹ 10,00,000/ -.
Investments made after the energy audit alone will be eligible for the subsidy.
The overall ceiling on subsidy should not be applied for the original energy audit and subsequent energy audit taken together but should be applied separately for the original energy audit and the subsequent energy audit.
> Time of Disbursal
The subsidy will be released to the MSME after the implementation of the recommendations in the Energy Audit Report that is duly certified by the energy auditor.
If the unit has availed a loan for the implementation of the recommendations of the energy audit, the subsidy will be released to the bank to adjust in the loan account if the loan is in currency.
Eligibility
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Required Documents
- ✦Copy of Udyog Aadhaar Memorandum / Copy of Udyam Certificate.
- ✦Certificate of Registration under Indian Partnership Act / LLP / Societies Registration Act / Certificate of Incorporation [Memorandum of Association & Article of Association] under Company Act.
- ✦Proof for Connected Load i.e., EB Meter Card/Online Statement.
- ✦If Alternate Source of Energy [other than Electricity] Used, Proof for the Usage.
- ✦Documents for Engagement of Energy Auditor/Letter of Acceptance from Energy Auditor.
- ✦If the Energy Auditor is Employed in a Firm/Co., or Partner or Director of a Firm/Co., Then Proof for the Same.
- ✦Copy of Accreditation of Energy Auditor by Bureau of Energy Efficiency [BEE].
- ✦Self-Certified Statement on Expenditure Incurred for Energy Audit with Copy of the Bills/Vouchers and Receipt, etc.
- ✦Copy of the Detailed Energy Audit Report.
✦ Required ◦ Optional
How to Apply
Visit the Official Website/Portal of the Micro, Small, and Medium Enterprises Department of the Government of Tamil Nadu. In the top ribbon, click " Login / Registration ". In the registration form, fill in the mandatory details accurately, Name, Date of Birth, Aadhaar Number, Email ID, and Mobile Number. Create a new password. The password must contain a minimum of 8 characters, 1 Upper Case Letter, 1 Lower Case Letter, and 1 Numeric Field. Fill in the captcha code, and click "Register". After
Quick Info
- Level
- Central Government
- Max benefit
- ₹10.0 L