MoP notifies norms and standards for trading of e-certificate under PAT Cycle II

The Ministry of Power (MoP) in consultation with the Bureau of Energy Efficiency (BEE) has notified the price of per metric tonne of oil equivalent as Rs 18,402 only for the year 2018-19. …

The price of one metric tonne of oil equivalent discovered for the year 2018-2019 is based on the changes in corresponding energy mix due to addition of new sectors viz. petroleum refinery, railways and electricity distribution companies under the perform, achieve and trade (PAT) Scheme and further streamlining of price calculation methodology.