Act Number: 52

Act Name: The Energy Conservation Act, 2001

Year: 2001

Enactment Date: 2001-09-29

Long Title: An Act to provide for efficient use of energy and its conservation and for matters connected therewith or incidental thereto.

Ministry: Ministry of Power

Department:

Section 21: Borrowing powers of Bureau.
    (1) The Bureau may, with the consent of the Central Government or in accordance with the terms of any general or special authority given to it by the Central Government, borrow money from any source as it may deem fit for discharging all or any of its functions under this Act.
     (2) The Central Government may guarantee, in such manner as it thinks fit, the repayment of the principal and the payment of interest thereon with respect to the loans borrowed by the Bureau under sub-section (1).
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