The Perform, Achieve and Trade (PAT) scheme in India is related to :
Education
Global warming
Energy efficiency
Bharat Nirman
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This question was previously asked in
UPSC CAPF – 2014
The Perform, Achieve and Trade (PAT) scheme is a market-based mechanism aimed at enhancing energy efficiency in large energy-consuming industries in India. It is a key component of the National Mission for Enhanced Energy Efficiency (NMEEE) under India’s National Action Plan on Climate Change (NAPCC).
The PAT scheme targets Designated Consumers (DCs) in specific energy-intensive sectors, setting energy reduction targets for them. Achieving these targets earns them Energy Saving Certificates (ESCs) which can be traded.