Perform, Achieve and Trade (PAT) Scheme

The Perform, Achieve and Trade (PAT) Scheme is an Indian program aimed at improving energy efficiency in specific industries. It encourages companies to reduce energy consumption by setting energy-saving targets. Firms that exceed these targets earn tradeable certificates, which can be sold to others who may not meet their goals. This creates a financial incentive to invest in energy-saving technologies and practices, ultimately leading to reduced energy consumption and emissions across the industrial sector. The PAT Scheme supports India's broader environmental and economic objectives by promoting sustainable industrial growth.