Promotion of Energy Audit and Conservation of Energy (PEACE)

Key Features

Financial Assistance

Component

Assistance Provided

Detailed Explanation

Subsidy for Energy Audit

Subsidy of up to ₹1.00 lakh (or specified cap) for audit cost (often 75% of audit cost) 

Example: If you pay ₹1,20,000 for an audit, and subsidy is 75% subject to upper cap ₹1 lakh, you may get up to ₹1 lakh reimbursed.

Subsidy for Implementation of Audit Recommendations

Subsidy of 50% of cost of eligible components, subject to a maximum (e.g., ₹10 lakh) 

Example: If you invest ₹30 lakh in new energy-efficient equipment and measures, 50% = ₹15 lakh, but if cap is ₹10 lakh, you will get ₹10 lakh subsidy.

Eligibility Criteria

Who Can Apply:

Who Cannot Apply:

Documents Required

Application Process for the Scheme

Option 1: Apply with Bullit (Recommended)

Click here to start with guided support. Our team verifies eligibility, compiles documents, and handles application & follow-ups on your behalf. You can monitor progress while focusing on operations. 
Recommended for: MSME units wanting expert support and faster processing.

Option 2: Official Government Process

  1. Visit the official Tamil Nadu MSME/Industries portal and locate the PEACE scheme page.
  2. Register or login to the portal, fill the online application form selecting the “Energy Audit” or “Implementation” component as applicable. 
  3. Upload required documents (registration certificate, connected load proof, energy auditor report or quotes for equipment). 
  4. Submit the application. After verification, the subsidy sanction is issued.
  5. For implementation subsidy, execute the energy-saving measures, and submit proof of expense and certification by energy auditor.
  6. Upon verification, subsidy amount is credited to the unit as per guidelines.

Option 3: Offline Assistance via District Industries Centre (DIC) / Regional Joint Director’s Office

Power Combos with The Scheme