Testimonial/Awards

The PAT Scheme of BEE under Energy Conservation Act 2001 incentivizes units to exceed their specified SEC (Specific Energy Consumption) improvement targets. To facilitate this, the scheme provides the option for industries who achieve superior savings to receive energy savings certificates for this excess savings, and to trade the additional certified energy savings certificates with other designated consumers (energy intensive industries notified as Designated Consumer under the Energy Conservation Act and included under PAT Scheme) who can utilize these certificates to comply with their specific energy consumption reduction targets. Energy Savings Certificates (ESCerts) so issue will be tradable at Power Exchanges. The scheme also allows units which gain ESCerts to bank them for the next cycle of PAT, following the cycle in which they have been issued. The number of ESCerts which would be issued would depend on the quantum of energy saved over and above the target energy savings in the assessment year.