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ESCerts Trading – Second session brief
- October 5, 2017
- Posted by: BiconAdmin
- Category: PAT Updates
No CommentsESCerts Trading – Second session brief Facts of ESCerts Second trading phase: Second trading session for ESCerts was held over the Exchange on 3rd Oct, 2017. Total 40 designated consumers (DC) were participated. The Market Clearing Volume (MCV) was determined at 23,295 ESCerts and Market Clearing Price was determined at Rs. 1200 per ESCerts. View
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First Trading Session of Energy Saving Certificates (ESCerts)
- September 29, 2017
- Posted by: BiconAdmin
- Category: PAT Updates
First Trading Session of Energy Saving Certificates (ESCerts) Background: National Mission on Enhanced Energy Efficiency (NMEEE) is one of the eight missions which form India’s National Action Plan on Climate Change (NAPCC), formulated in the year 2008.The objective of this mission is to unlock energy efficiency opportunities through market based approach. Perform, Achieve and Trade
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Launch event for trading of ESCerts under PAT
- September 22, 2017
- Posted by: BiconAdmin
- Category: PAT Updates
Launch event for trading of Energy Saving Certificates (ESCerts) under PAT The Hon’ble Minister of State (WC) for Power and New & Renewable Energy, Shri R.K. Singh shall launch trading of ESCerts for encouraging the industries on 26th September, 2017, at India Habitat Centre, New Delhi. The trading of ESCerts shall start from 26 September
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Brief on ESCerts Trading
- September 22, 2017
- Posted by: BiconAdmin
- Categories: Ministry of Power - Policy, PAT Updates
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
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Submission of Report on Status of Energy Consumption by Designated Consumers under EC ACT 2001
- September 5, 2017
- Posted by: BiconAdmin
- Categories: Energy Efficiency, Mandatory Energy Audits, PAT Updates
Bureau of Energy Efficiency Mandates Submission of Report on Status of Energy Consumption by Designated Consumers Bureau of Energy Efficiency, a statutory body under Ministry of Power, Government of India has come out with a notification which requires Designated Consumers of 12 sectors to submit the “Status on Energy Consumption, together with annual production for
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Mock trading for Energy Saving Certificate (ESCerts) will be conduct today
- August 2, 2017
- Posted by: BiconAdmin
- Category: PAT Updates
Perform Achieve and Trade (PAT) Under National Mission for Enhanced Energy Efficiency (NMEEE), the scheme of Perform Achieve and Trade (PAT) is a regulatory instrument to reduce specific energy consumption in energy intensive industries. An associated market based mechanism, will enhance the cost effectiveness through certification of excess energy saving which can be traded. The
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Registration of Designated Consumers with POSOCO
- July 18, 2017
- Posted by: BiconAdmin
- Category: PAT Updates
To onset the ESCerts Trading process, registration of Designated Consumers with POSOCO to become Eligible Entity has been commenced from 14th July, 2017. Important notes: DC’s shall apply to the Registry for getting registered through PATNET Portal and submit the printout of the same application duly signed by Authorized Signatory to the Registry. One-time Registration
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CERC order on Determination of Fee and Charges
- May 25, 2017
- Posted by: BiconAdmin
- Categories: Energy Efficiency, Ministry of Power - Policy, PAT Updates
To give an initial boost to the trading of ESCerts, Central Electricity Regulatory Commission (CERC) has issued an amendment order in the matter of Determination of Fee and Charges payable under Regulation 12 of the Central Electricity Regulatory Commission (Terms and Conditions for Dealing in Energy Savings Certificates) Regulations, 2016. Summary of the order- The
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Central Electricity Regulatory Commission Terms and Conditions for Dealing in Energy Savings Certificates
- March 29, 2017
- Posted by: BiconAdmin
- Category: PAT Updates
Central Electricity Regulatory Commission (CERC) has issued an order in the matter of Determination of Fee and Charges payable under Regulation 12 of the Central Electricity Regulatory Commission (Terms and Conditions for Dealing in Energy Savings Certificates) Regulations, 2016. Summary of the Order- The Fees and Charges determined through this Order shall be payable by
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CERC Releases Final Procedure for ESCerts Trading
- February 22, 2017
- Posted by: BiconAdmin
- Categories: Ministry of Power - Policy, PAT Updates, Perform Achieve Trade
The CERC has given its final approval for transaction of ESCerts (Energy Saving Certificates) The approval contains the detailed procedure for the following: Registration of a Designated Consumer (DC) with registry as eligible entity Interface activities between Power Exchanges & Registry, Administrator & Registry and Registry & Designated Consumer Dealing of Energy Saving Certificates, Transfer