- September 22, 2017
- Posted by: BiconAdmin
- Categories: Ministry of Power - Policy, PAT Updates
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Brief on ESCerts Trading
Overview
The Perform Achieve and Trade (PAT) is a market based mechanism to reduce the specific energy consumption in energy intensive industries. This is facilitated through the trading of ESCerts which are issued to those plants who have over-achieved their targets. These plants are entitled to sell their ESCerts. The plants who were under achievers of their targets, are required to purchase ESCerts.
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