Energy efficient powerlooms for small and medium units to be procured by EESL

As part of the government’s initiative for sustainable and accelerated adoption of efficient textile technologies to help small industries (SAATHI), 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

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.

The allocation of any upfront capital cost need not to be done by the unit owner  to procure the required  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.

“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.