Parliament on December 12, 2022 has passed the Energy Conservation (Amendment) Bill, 2022 with Rajya Sabha approving it today. The Act seeks to amend the Energy Conservation Act, of 2001. It promotes energy efficiency and conservation. The Bill empowers the Centre to specify a carbon credit trading scheme.
The legislation also stipulates that designated consumers may be required to meet a proportion of their energy needs from non-fossil sources. The Energy Conservation Code for buildings will apply to office and residential buildings with a connected load of 100 kilowatt or above.
