This programme was created to provide financial assistance for industry, government institutions, municipal and commercial buildings towards implementing energy audits. The assistance will be in the form of interest free loans against a bank guarantee that is 1.25 times that of the assistance for three and half years. The program wants to optimize the use of energy and cut down consumption by around 25% to 30%. IEA/IRENA Global Renewable Energy Policies and Measures Database © OECD/IEA and IRENA, [November 2020]