To To build the market for energy efficiency it is imperative to ease the financing of energy efficiency projects. Under the initiative of Framework for Energy Efficient Economic Development (FEEED), BEE has created two financial instruments – Partial Risk Guarantee Fund for Energy Efficiency (PRGFEE) and Venture Capital Fund for Energy Efficiency (VCFEE) – to help financial institutions actively engage with industries, large commercial establishments, and project implementation agencies and provide funds for energy efficiency projects across the country. To upscale EE financing BEE is in process of designing new financing instruments under FEEED.
(A State Government. Company)
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