National Mission for Enhanced Energy Efficiency

NMEEE includes four specific energy efficiency initiatives under its umbrella. These enhanced energy efficiency measures are aimed at facilitating energy intensive industries (industries that consume large quantities of energy in production process) to reduce their energy footprint and catalyze investments in the energy efficiency sector. - Perform Achieve and Trade (PAT): Assigning energy reduction targets to large energy intensive industries and distributing Energy Saving Certificates (ESCerts) on achievement of the targets. These ESCerts can then be traded.- Market Transformation for Energy Efficiency (MTEE): Promoting adoption of energy efficient equipments and appliances through innovative business models.- Energy Efficiency Financing Platform (EEFP): Increasing the confidence of financial institutions and investors to support energy efficiency initiatives.- Framework for Energy Efficiency Economic Development (FEEED): Promoting energy efficiency initiatives by hedging against investment risks. The Mission seeks to upscale the efforts to unlock the market for energy efficiency which is estimated to be around Rs. 74,000 crore and help achieve total avoided capacity addition of 19,598 MW, fuel savings of around 23 million tonnes per year and green house gas emissions reductions of 98.55 million tonnes per year at its full implementation stage.