Mandatory Energy Audit is the term used for conducting Energy Audit of any facility which has been notified under Energy Conservation Act.

PAT covered 13 energy-intensive sectors: Thermal power plants (TPP), cement, aluminium, iron and steel, pulp and paper, fertiliser, chlor-alkali, petroleum refineries, petrochemicals, distribution companies, railways, textile and commercial buildings (hotels and airports).

A total of seven cycles of PAT have been launched till April 2022, covering 1,104 DCs from 13 industrial and service sectors.

The Indian Carbon Market (ICM) is envisioned to serve as a vibrant carbon financing platform to mobilize finance and technology towards decarbonisation of the economy, helping achieve India’s 2030 NDC target – specifically the emission intensity target.