This scheme is implemented by Ministry of MSME for energy efficient technology for technology and quality upgradation support to MSMEs under the scheme of Technology and Quality upgradation support to MSMEs (TEQUP).
This is one of the components of National Manufacturing Competitiveness Programme (NMCP).
The main objective of the scheme is to sensitise the Indian MSMEs to upgrade their manufacturing processes towards the usage of Energy Efficient Technologies (EET).
Our Bank is nominated by the Ministry of MSME as one of the implementing agencies for the said scheme.
Credits – BOB ( Bank of Baroda )