Home News Solarising Goa & Launch of “Energy Efficiency Enterprise and E-Rupi for Excellence (E4E)” Program

Solarising Goa & Launch of “Energy Efficiency Enterprise and E-Rupi for Excellence (E4E)” Program

by Our Corresspondent - Feb 20, 2024
Solarising Goa & Launch of “Energy Efficiency Enterprise and E-Rupi for Excellence (E4E)” Program, News, KonexioNetwork.com

Energising Enterprise Ecosystem

Mumbai: SIDBI, organised a program viz. Solarising Goa & Launch of E4E Program - Energising Enterprise Ecosystem Outreach programme "on February 19, 2024 at Panaji, Goa. The program witnessed participation of more than 100+ MSMEs / Industry Associations / Green Merchants / Vendors, and other enablers serving the MSME ecosystem. The objective was to carry out discussion on the importance of Greening the MSME Ecosystem and the launch of the innovative Energy Efficiency Enterprise and E-Rupi for Excellence (E4E) program designed to lead the way in Greening the Enterprising Nation. This event successfully brought together MSMEs and stakeholders, to reflect on the recent developments on green finance, and to discuss how the financial system and the MSMEs can find a common ground to ensure a resilient and low-carbon transition in India.

Mr. Prakash Kumar, DMD, SIDBI, welcomed participants with his opening remark, providing a comprehensive introduction and shared insights on SIDBI’s Green footprints in the MSME ecosystem.

Dr. R.K. Singh, CGM & Head, Green Vertical, SIDBI, welcomes chief guest of the program i.e. Mr. Sudin Dhavalikar, Hon’ble Minister of Power, New & Renewable Energy) and explained on SIDBI’s Green Strategy which it has adopted to contribute to both mitigation and adaptation needs as also about the Energy Efficiency Enterprise and e-RUPI Excellence (E4E).  Further, Dr. Singh also explained that SIDBI has prioritized two key areas viz. “Digitization” and “Greening the enterprise ecosystem”  and also explained about SIDBI’s give mission programs viz. Mission Energy Efficiency, Mission Solar, Mission EV, Mission Waster to Envttaste and Nurture t Nature. The audience were also given a treat  of SIDBI’s developmental and financing offerings for greening the enterprise ecosystem. SIDBI is blending the hard and soft infrastructure requirement as also attending to entire value chain bottom up i.e. right from startups going green to providing support to MSMEs and lenders in terms of blended finance and risk mitigant tools. Dr. Singh also mentioned the MSME GIFT and SPICE programme including the definitional framework and green/clean / EE technology basket of SIDBI aimed at easing green credit access. Dr. Singh explained the broad contours of the E4E scheme and its benefits to the MSMEs.

Mr. Sudin Dhavalikar (Hon’ble Minister for Power, New & Renewable Energy, Goa) along-with Mr. Sivasubramanian Ramann (CMD, SIDBI), Mr. Prakash Kumar (DMD, SIDBI), Mr. Manguirish Pai Raikar (Chairman, ASSOCHAM Goa State Development Council) and Mr. Sanjeev Joglekar, Member Secretary, GEDA, launched SIDBI’s E4E (Energy Efficient Enterprise and E-Rupi for Excellence) Program in Panaji, Goa on 19th February 2024. The launch coincides with SIDBI’s initiative of “Solarizing Goa”, through which SIDBI aims to catalyze adoption of green practices in MSMEs in the state.  Outlining the Government’s Green vision, Hon’ble Minister Mr. Dhavalikar exclaimed, “Mr. Dhavalikar said that goal is to have 100% renewable energy use across all sectors by 2050”. Mr. Dhavalikar also congratulated SIDBI on the launch of the E4E Program and expressed his confidence in the potential of E4E to kickstart adoption of green products/adoption by MSMEs in the state.