MEDA is a Govt. of Maharashtra Undertaking Agency established for promotion of renewable energy sources. MEDA works to promote, develop, non conventional, renewable and alternate energy sources and technologies. It assist Govt. in renewable energy programmes.

MEDA has declared Waste Heat Recovery Scheme so that the heat which is generated in a process by way of fuel combustion or chemical reaction and then "dumped" into environment, can be reused for some useful and economic purpose. The high temperature heat is available in many industries which can be utilised for power generation. This is the cheapest, easiest, and cleanest way to bridge the gap between demand and supply of power. To encourage power generation from waste heat MEDA has proposed to provide financial aid for preparation of Detailed Project Report (DPR) to be prepared by the consultancy organization / consultant empanelled with MEDA.

TESPL has been granted empanelment by MEDA to prepare DPR for the organizations register with MEDA for financial assistance of Rs. 1,00,000/- or 50% of the fees for DPR preparation whichever is less.

TESPL has also received empanelment with BEE as an ESCO. With this empanelment BEE has displayed TESPL details on their website and TESPL will have opportunity to work for various BEE projects on performance based shared savings basis.