PXIL to launch ESCerts trading from Tuesday

The Power Exchange India (PXIL) on Monday said trading of ESCerts under the Perform, Achieve and Trade (PAT) scheme – cycle II will commence from October 26. The company had conducted a mock trading session on October 8, 2021, which received encouraging reception, PXIL said in a statement.

‘ESCerts’ are the Energy Savings Certificates issued by the Central Government in the Ministry of Power to the Designated Consumer under sub-section (1) of section 14 (A) of Energy Conservation Act, 2001.

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