30 May '16, 11pm

Indian energy efficiency spend set to hit $5bn by 2020

Under the scheme, each facility's baseline is determined by its individual energy consumption between 2007 and 2010, with facilities that are already more energy efficient being given a smaller reduction target than less energy-efficient ones. Industries which achieve surplus energy-efficiency changes over the required period receive "energy-saving certificates" which they can then trade with others having trouble meeting their own targets or bank for future use.

Full article: http://www.businessgreen.com/bg/news/2459747/indian-energ...

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