Q. “Perform, Achieve and Trade (PAT)” is often seen in news is related to?
Explanation: NMEEE aims to strengthen the market for energy efficiency by creating conducive regulatory and policy regime and has envisaged fostering innovative and sustainable business models to the energy efficiency sector. The Mission is implemented since 2011.
NMEEE consists of four initiatives to enhance energy efficiency in energy intensive industries:
- Perform, Achieve and Trade (PAT)
- Market Transformation for Energy Efficiency (MTEE)
- Energy Efficiency Financing Platform (EEFP)
- Framework for Energy Efficient Economic Development (FEEED)
Source: SHANKAR IAS Environment