Proposed amendments to Energy Conservation Act, 2001 seek to usher in carbon markets and mandate to consume renewable energy
The Energy Conservation (Amendment) Bill, 2022 (the “Amendment Bill”) was passed by the Lower House of Parliament on August 08, 2022. The Amendment Bill is intended to amend the Energy Conservation Act, 2001, a legislation enacted to provide for efficient use of energy and its conservation and for matters connected therewith or incidental thereto.
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