What you get
- 75 % of the cost of the audit is subject to a maximum of ₹ 1,00,000 per energy audit. | The subsidy will be released to the MSME after completion of the Energy Audit Report that is duly certified by the energy auditor. | If the unit availed loan for the energy audit, the subsidy will be released to the bank to adjust in the loan account if the loan is in currency. | The overall ceiling on subsidy should not be applied for the original energy audit and subsequent energy audit taken together but should be applied separately for the original energy audit and the subsequent energy audit.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the purpose of the "Promotion of Energy Audit and Conservation of Energy (PEACE)" scheme's overall effort in promoting energy efficiency?
The scheme endeavors to promote energy efficiency in MSMEs by providing financial incentives, expert guidance through audits, and encouraging the adoption of sustainable energy practices.
Are enterprises with subsequent energy audits subject to the same eligibility criteria as those undergoing an energy audit for the first time under the PEACE scheme?
Yes, enterprises with subsequent energy audits must meet the same eligibility criteria as those undergoing an energy audit for the first time.
What is the maximum ceiling for the subsidy under the PEACE scheme?
The maximum subsidy is 75% of the audit cost, with a cap of [?]1,00,000 per energy audit.
Can enterprises with multiple units avail the subsidy separately for each unit under the PEACE scheme?
Yes, enterprises with multiple units can avail the subsidy separately for each unit, but the overall ceiling should not be applied for both the original and subsequent energy audits.
Is there a specific time gap requirement between the previous and subsequent energy audits for MSMEs under the PEACE scheme?
Yes, there should be a minimum gap of three years between the completion of the previous energy audit and the subsequent energy audit.
How is the subsidy released if an MSME avails a loan for the energy audit under the PEACE scheme?
If an MSME avails a loan, the subsidy is released to the bank to adjust in the loan account, provided the loan is in currency.
What types of documents are required to be submitted in PDF format for the PEACE scheme application?
Documents such as the Detailed Energy Audit Report, Udyog Aadhaar Memorandum, and others should be submitted in PDF format with a file size less than 200 kb.
What is the significance of the "Know Your Eligibility" link in the PEACE scheme application process?
The link, https://www.msmeonline.tn.gov.in/incentives/know_your_eligibility.php, helps MSMEs assess their eligibility criteria before applying for the subsidy.
How can MSMEs track the status of their subsidy application under the PEACE scheme?
MSMEs can track the status of their application at https://www.msmeonline.tn.gov.in/incentives/app_track.php?id=Track%20Your%20Status.
Could you provide the application link for availing the subsidy under the PEACE scheme?
The application link is https://www.msmeonline.tn.gov.in/incentives/dea_sub.php?id=New%20Application.
What components are eligible for subsidy under the PEACE scheme, and what is the time limit for filing subsidy claims?
The subsidy covers professional charges for conducting an Energy Audit, and eligible MSMEs must file their claim online within one year from the completion of the Energy Audit.
Are there any restrictions on the eligibility of enterprises for the subsidy under the PEACE scheme?
All existing manufacturing MSMEs in the state are eligible for the subsidy, particularly those undergoing energy audit for the first time or taking up subsequent audits after a gap of three years.
What financial support does the scheme provide for MSMEs undergoing energy audits, and are there any specific conditions?
MSMEs can avail 75% of the audit cost, up to [?]1,00,000, with the subsidy released after completion and certification of the Energy Audit Report.
What information does the Energy Audit Final Report for the PEACE scheme include?
The report includes specific recommendations, quantitative and qualitative details, outlay, projections of energy/cost savings, payback period, executive summary, period of conduct, and conclusions.
Who constitutes the Energy Audit team for the PEACE scheme, and what are the accreditation requirements?
The team consists of Bureau of Energy Efficiency empanelled firms or individuals led by accredited Energy Auditors. Accreditation by the Bureau of Energy Efficiency is mandatory.
What is the methodology involved in the "Detailed Energy Audit" component of the PEACE scheme?
The methodology includes a plant survey, discussions with plant personnel, analysis of past performance data, measurements of electrical parameters, energy performance assessment, and detailed techno-economic analysis.
How does an effective energy management system benefit MSMEs participating in the PEACE scheme?
Implementing an effective energy management system helps MSMEs reduce energy costs, cut negative environmental impact, and identifies opportunities for cost savings through improved services.