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Enigin Update - Huge Potential for Energy Saving Amongst Indian SMEs

Enigin Update - Huge Potential for Energy Saving Amongst Indian SMEs

THE Indian Minister Of State for Power, Bharatsinh Solanki, said yesterday that there is a potential energy saving of between 15 to 40 per cent within the Indian SME sector.

"As SMEs are facing global competition and energy representing substantial part of the manufacturing cost, they can reap direct economic benefits by improving energy efficiency," Solanki said during a seminar in Ahmedabad.

Nearly 26 million micro and small enterprises can be found in India, comprising more than 80 per cent of the total number of industrial enterprises across the country and between them they have a 45 per cent share of the total manufacturing output, so claimed Solanki.

Enigin Distributors in India can help SMEs to be able to save energy and money with energy-efficiency solutions that will allow them to continue to produce and serve their clients as previously, while reducing their energy costs.

"The Bureau of Energy Efficiency (BEE) has taken up a task to improve the energy performance in 29 select SME clusters under the BEE SME program. The objective of the programme is to accelerate the adoption of energy efficiency technologies through knowledge sharing, capacity building and development of innovative financing mechanism,” he added.

He also said that the research by BEE so far had revealed the overall saving potential of the clusters is about 72,432 TOE (Tonnes of oil equivalents) which is 27.4 per cent of the total energy consumption in these SMEs, he added.

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