SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries) :
Key Facts about the scheme :
Energy Efficiency Services Limited (EESL), a public sector entity under the administrative control of Ministry of Power, would procure energy efficient Powerlooms, motors and rapier kits in bulk and provide them to the small and medium powerloom units at no upfront cost.
The SAATHI initiative of the Government will be jointly implemented by EESL and the office of the Textile Commissioner on a pan-India basis. To kick start the implementation, cluster wise demonstration projects and workshops will be organized in key clusters such as Erode, Surat, Ichalkaranji, etc.
The use of these efficient equipment would result in energy savings and cost savings to the unit owner and he would repay in installments to EESL over a 4 to 5 year period. This is the aggregation, bulk procurement and financing model that EESL has successfully deployed in several sectors like LED bulbs, Smart Meters and Electric Vehicles.
Broad Objective :
Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries.
Nodal Ministry and institutions : Ministries of Power and Textiles.