Punjab Energy Development Agency (PEDA) today hosted a one-day conference 'Investment Bazaar for Energy Efficiency,' to explore investment opportunities in energy efficiency projects within Punjab's industries and MSMEs. The event brought together key stakeholders, including industries, financial institutions, banks, designated consumers, MSMEs and equipment manufacturers , to discuss and promote investment in this crucial sector.
While addressing the conference here at Kisan Bhawan, Chief Executive Officer (CEO) PEDA Ms. Neelima emphasised upon importance of energy efficiency & implementation of new and innovative energy efficient technologies in Industries & MSMEs in the State. She also focused on the investment potential in Industries & MSMEs which can enhance the infrastructure at the state level, while stressing upon the dynamics of industry, transport, buildings and agriculture sectors are bringing new opportunities.
She also deliberated upon importance to bridge the communication and knowledge gap between project implementers and funding agencies for the implementation of energy efficient activities within Industries & MSMEs. Highlighting the role of industries and MSMEs in state-wide energy efficiency projects in promoting economic growth and encouraging financial support, Ms. Neelima said that under the leadership of New and Renewable Energy Sources Minister Mr. Aman Arora, the state is leading country in energy transition by focusing on clean energy solutions and the conference was aimed to make energy efficiency more market-driven.
During the conference, the successful energy efficiency projects were presented to inspire broader adoption among stakeholders in industries and MSMEs. Mr. Shyam Sunder, Director from Bureau of Energy Efficiency (BEE), Ministry of Power, GoI, stressed on the importance of Energy Efficiency and shared insights on the various schemes offered by BEE for industries with special focus on the ADEETIE (Assistance in Deploying Energy Efficient Technologies in Industries & Establishments) Scheme.
PEDA senior officials and representatives from Industries, MSMEs, Financial Institutions / Banks, SIDBI, Union Bank of India, UCO Bank, ICICI Bank, HDFC Bank, Equipment Manufacturers also attended the conference.