The Ministry of Power has notified the price of per metric tonne of oil equivalent as INR 18402 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 Scheme.
About PAT Scheme
- Perform Achieve and Trade (PAT) scheme is a flagship progarmme of Bureau of Energy Efficiency under the National Mission for Enhanced Energy Efficiency.
- It is a regulatory instrument to reduce specific energy consumption in energy intensive industries, with an associated market based mechanism to enhance the cost effectiveness through certification of excess energy saving which can be traded.
