carbon credit trading scheme

Energy Conservation

The Energy Conservation Act, 2001, was amended with the Energy Conservation (Amendment) Act, 2022 (“Amendment Act”), recently. The amended Act received the President’s assent on December 19, 2022, and by way of a notification issued by the Ministry of Power, dated December 26, 2022, the amended Act along with all its provisions came into force on January 1, 2023. The amended Act has brought about some significant changes that are detailed hereunder:Continue Reading The Energy Conservation (Amendment) Act, 2022: Key Highlights