EESL to procure energy efficient powerlooms for small and medium units
, ET Bureau|
Updated: Oct 24, 2017, 07.42 PM IST
Energy Efficiency Services Limited (EESL) will procure in bulk energy efficient powerlooms among other equipment to supply to the small and medium powerloom units in the country, as part of the government’s initiative for sustainable and accelerated adoption of efficient textile technologies to help small industries (SAATHI).
The procurement by EESL will be made without any upfront costs and the use of efficient equipment will result in energy savings and cost savings to the unit owner, who would repay to EESL in instalments over a period of four to five years, said a statement issued by the Ministry of Power.
“With a view to upgrading the technology, the Government of India has been implementing the INSITU upgradation of plain Powerlooms as part of Power Tex India under which plain Powerlooms are attached with process control equipment leading to higher productivity, better quality and more than 50 percent additional value realisation,” the statement said.
“Taking this initiative further, the Minister of Textiles and Ministry of Power have joined hands and under a new initiative SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries),” it added.
The unit owner would not need to allocate any upfront capital cost to procure these equipment or additional expenditure for repayment as the repayments to EESL are made from the savings that accrue as a result of higher efficiency equipment and cost savings.
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 Erode, Surat, and Ichalkaranji.
The large number of micro and small units of the powerloom sector in India produce 57 percent of the total cloth in the country. So far 1.70 lakh plain powerlooms have been upgraded under the Power Tex India scheme, with a total government subsidy of Rs. 186 crores.
The procurement by EESL will be made without any upfront costs and the use of efficient equipment will result in energy savings and cost savings to the unit owner, who would repay to EESL in instalments over a period of four to five years, said a statement issued by the Ministry of Power.
“With a view to upgrading the technology, the Government of India has been implementing the INSITU upgradation of plain Powerlooms as part of Power Tex India under which plain Powerlooms are attached with process control equipment leading to higher productivity, better quality and more than 50 percent additional value realisation,” the statement said.
“Taking this initiative further, the Minister of Textiles and Ministry of Power have joined hands and under a new initiative SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries),” it added.
The unit owner would not need to allocate any upfront capital cost to procure these equipment or additional expenditure for repayment as the repayments to EESL are made from the savings that accrue as a result of higher efficiency equipment and cost savings.
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 Erode, Surat, and Ichalkaranji.
The large number of micro and small units of the powerloom sector in India produce 57 percent of the total cloth in the country. So far 1.70 lakh plain powerlooms have been upgraded under the Power Tex India scheme, with a total government subsidy of Rs. 186 crores.
