Section 14A
Issuance of energy savings certificate
The Energy Conservation Act, 2001
About this Act
An Act to provide for efficient use of energy and its conservation and for matters connected therewith or incidental thereto.
1[14A. Power of Central Government to 1
[Issuance of energy savings certificate].--(1) The
Central Government 3[ or any agency authorised by it] may issue the energy savings certificate to the
designated consumer whose energy consumption is less than the prescribed norms and standards in
accordance with the procedure as may be prescribed.
(2) The designated consumer whose energy consumption is more than the prescribed norms and standards shall be entitled to purchase the energy savings certificate to comply with the prescribed norms and standards.
4[Provided that any other person may also purchase energy saving certificate or carbon credit certificate on voluntary basis.] ]
(2) The designated consumer whose energy consumption is more than the prescribed norms and standards shall be entitled to purchase the energy savings certificate to comply with the prescribed norms and standards.
4[Provided that any other person may also purchase energy saving certificate or carbon credit certificate on voluntary basis.] ]
Notes
1. Ins. by Act 28 of 2010, s. 7, (w.e.f. 24-8-2010).
2. Subs. Act 19 of 2022, s. 7, for the marginal heading "issue energy savings certificate" (w.e.f. 1-1-2023).
3. Ins. by s. 7, ibid. (w.e.f. 1-1-2023).
4. Ins. by s. 7, ibid. (w.e.f. 1-1-2023).
2. Subs. Act 19 of 2022, s. 7, for the marginal heading "issue energy savings certificate" (w.e.f. 1-1-2023).
3. Ins. by s. 7, ibid. (w.e.f. 1-1-2023).
4. Ins. by s. 7, ibid. (w.e.f. 1-1-2023).