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India Inc's green push gets a fillip with amended Energy Conservation Bill

Share of thermal energy for manufacturing companies almost 95%

India Inc | Green energy | renewable energy sector

Viveat Susan Pinto  |  Mumbai 

Photo: Bloomberg
Currently, most companies — from cement and metal to petrochemical — depend largely on thermal power for their energy requirements. Photo: Bloomberg

The Energy Conservation (Amendment) Bill, 2022 — tabled in Parliament on Wednesday — may push manufacturing to step up the use of for their captive needs. The Bill proposes to mandate the use of non-fossil sources for industrial activity, penalising those who don’t do so.



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First Published: Thu, August 04 2022. 21:21 IST