Enigin News
Enigin News - Indian Industry Face new Energy Efficiency Rules
IN a new measure to check greenhouse gas emissions, the Indian government has initiated a domestic carbon trade mechanism, imposing penalties on industries failing to achieve energy efficiency targets.
New rules affecting eight energy-intensive industrial sectors will allow the government to impose a penalty of over Rs10,000 for each tonne of oil-equivalent short of the target.
There is an incentive for companies who better the energy-efficiency target set for 2014-15. For each extra tonne of oil-equivalent saved, the business will gain an energy saving certificate, which can then be sold, through a market system, to the companies that fail to achieve the target.
Ajay Mathur, the director general of the Indian Bureau for Energy Efficiency (BEE) said that the scheme would enable industry to “progressively” reduce its carbon intensity, strengthening its bottom line as well. “In a way, the production cost for each tonne will reduce,” he said.
The BEE wants to target energy-intense industries, including iron and steel, cement, fertilisers, aluminium, pulp and paper, chloralkali, textiles and thermal and power stations.
Enigin Distributors in India have the range of products from Enigin to help all these industries make substantial savings on their energy consumption and hence energy bills and ultimately the financial advantage of achieving the governments targets, to discover how contact your local Enigin Distributor now.
Photo of Taj Mahal by Foxypar4 reproduced under CCL.
Monday 2nd April 2012
News Categories
News Archive
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
