Neha Sharma
Global Green Growth Institute, Seoul, South Korea
Mariam Megha Paul
Global Green Growth Institute, Seoul, South Korea
Girja Shankar
Energy Efficiency Services Limited, New Delhi, India
Corresponding Author: gshankar@eesl.co.in
Cite this article
Highlights
- Successful models for scaling up energy efficient technologies in the MSMEs
- Cost reduction- Bulk procurement
- Model for scale-up and replication
Abstract
This paper illustrates successful cases of financing through bulk procurement for the scale-up of standard energy-efficient technologies in the MSME sector via innovative business models. The study analyses success factors and implementation methods seen in the UNIDO-EESL-MoSME programme “Promoting Market Transformation for Energy Efficiency in the MSME Sector” under GEF-5 and will highlight its achievements, with Surat and Jorhat clusters as examples. The authors attempt to highlight the challenges and mitigation mechanisms involved while exploring opportunities for involving private sector ESCOs similarly. Secondary research methods and stakeholder consultations were adopted during paper development. There is potential to scale-up these technologies in MSME clusters pan-India through programmatic models resulting in substantial emission reductions, development of indigenous supply chains, job creation, and creation of green-growth pathways, making it crucial for India’s net-zero and NDC targets. A similar model, developed by GGGI with EESL, addressing the barriers for replication and scale-up, is also showcased.
Keywords
MSME Sector Decarbonization, Energy Efficient Technologies, Demand Aggregation, Innovative Business Models, Bulk Procurement
References
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- Ritu Mathur, Swapnil Shekhar, Girish Sethi, Sachin Kumar. “Energy efficiency & India: The possibilities ahead,” TERI, 29-May-2018, [Online], Available: https://www.teriin.org/article/energyefficiency-india-possibilities-ahead
- Government of India, “India’s Updated First Nationally Determined Contribution Under Paris Agreement (2021-2030),” UNFCCC, 2022, [Online], Available: https://unfccc.int/sites/default/files/resource/INDIA_%20BUR-3_20.02.2021_High.pdf
- Government of India, “Annual Report 2022-2023,” Ministry of Micro, Small and Medium Enterprises, 2023, [Online], Available: https://msme.gov.in/sites/default/files/MSMEANNUALREPORT2022-23ENGLISH.pdf, p38
- Press Information Bureau, “UJALA completes 7 years of energy-efficient and affordable LED distribution,” 05-Jan-2022, [Online], Available: https://pib.gov.in/PressReleasePage.aspx?PRID=1787594
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Bishal Thapa
Fred Sherman
Sumedha Malaviya
Satish Kumar
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