The Central Government recently issued a notification stipulating the maximum amount of energy that can be consumed by 144 manufacturing units operating in 10 different sectors. This effort of regulating energy consumption marks the initiation of the ‘PAT Scheme’ in India. It is a part of the National Mission for Enhanced Energy Efficiency which has launched several initiatives towards containing the impact of climate change.
Attached is an update by VERUS Advocates on the Government's 'Perform, Achieve & Trade' (PAT) Scheme notified under the Energy Conservation Act, 2001. Going forward, the PAT Scheme is expected to have far-reaching impacts on cost and output of large industries. Click on the accompanying attachment for more details..Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
