Framework for Energy Efficient Economic Development (FEEED):
BEE has taken up several initiatives to strengthen the market for energy efficiency including innovative mechanisms to scale up financing of energy efficiency projects in India. Under the initiative of Framework for Energy Efficient Economic Development (FEEED), BEE has created two financial instruments – Partial Risk Guarantee Fund for Energy Efficiency and Venture Capital Fund for Energy Efficiency – 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 further assist in implementation of Energy Efficiency projects BEE is inviting willingness from various stakeholders to seek financing for implementing Energy Efficiency projects in India.
A notice in this regard has been issued by BEE on 24th August 2018, and same is available here: