MoP proposes Amendments to Energy Conservation Act, 2001

The MoP has proposed amendments to the Energy Conservation Act, 2001 to promote clean energy consumption. The amendments entail defining a minimum share of renewable energy in the overall consumption by any establishment. There will be incentives on using clean energy sour­ces by means of carbon saving certificates. The proposed amendments will facilitate the development of the carbon market in India and prescribe a minimum consumption of renewables either as direct consumption or indirect use through the grid.