Unlocking energy efficiency investment is a key priority of the Government of India to ensure energy security, productivity and energy access for all its citizens, and support the achievement of its updated Nationally Determined Contributions. The Energy Savings Insurance Implementation Roadmap of India provides step-by-step guidance for the Power Ministry's Bureau of Energy Efficiency and key national stakeholders in the design and implementation of an Energy Savings Insurance Scheme.
The proposed model has been designed as a blended finance package to mitigate the performance risks of energy efficiency projects, specifically targeting small and medium-sized enterprises in commercial and industrial sectors. It comprises an energy savings insurance product, standardised energy performance contracts, independent technical validation and financial instruments and incentives.
