Sustainable and Accelerated Adoption of efficient Textile technologies...

Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries (SAATHI)
Ministries of Power  and Textiles have joined hands to launch a new initiative, SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies to Help small Industries). Under this initiative, Energy Efficiency Services Limited (EESL), a public sector entity under the administrative control of Ministry of Power, would procure energy efficient Powerlooms, motors etc. in bulk and provide them to the small and medium Powerloom units at no upfront cost.
The use of these efficient equipment would result in energy savings and cost savings to the unit owner and he would repay in installments to EESL over a 4 to 5 year period.  This is the aggregation, bulk procurement and financing model that EESL has successfully deployed in several sectors like LED bulbs, Smart Meters and Electric Vehicles.
The Powerloom sector in India is predominantly an unorganized sector and has a large number of micro and small units which produce 57 percent of the total cloth in the country.  There are 24.86 lakhs Powerloom units in this country, most of whom use obsolete technology.  With a view to upgrading the technology, the Government of India has been implementing the in-situ upgradation of  plain Powerlooms. This programme is in furtherance of that objective.