Page 54 - Policy Economic Report_Jan 25

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

released towards loss reduction works under RDSS. As a result of reform measures taken under
the scheme, AT&C losses have come down to 15.37% and ACS-ARR gap has reduced to Rs.
0.45/kWh in FY2023.
o All identified households from Particularly Vulnerable Tribal Groups (PVTGs) under the PM-
JANMAN (Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan) and tribal households under the
DA-JGUA (Dharti Aaba Janjatiya Gram Utkarsh Abhiyan) are being provided with on-grid electricity
connections under RDSS. To date, a total of ?4,355 crore has been sanctioned for the
electrification of 9,61,419 households, including those from PVTGs and tribal communities, along
with public places identified under the DA-JGUA initiative.

Energy Conservation

o EV Charging Guidelines: Guidelines for Installation and Operation of Electric Vehicle Charging
Infrastructure-2024 have been issued to support creation of a nationwide connected and inter
operable EV charging network. This will help increase the chargers from 34,000 presently to about
1 lakh by 2030. These guidelines are expected to create a robust, safe, reliable, and accessible EV
charging network, enhance the viability of charging stations, encourage use of solar energy for
electric vehicle charging, and prepare the electricity grid to handle increased demand of EV
charging.

o Sustainable Building Codes Issued: India has taken a major step towards a greener future with the
introduction of two new building codes: the Energy Conservation and Sustainable Building Code
(ECSBC) for commercial buildings and the Eco Niwas Samhita (ENS) for residential buildings. The
revised codes apply to large commercial buildings and multi-storied residential complexes with a
connected electricity load of 100 kW or more, which means the codes will impact big offices,
shopping malls and apartment buildings, and will help in reduction of 18% electricity
consumption. Additionally, it incorporates sustainability features related to natural cooling,
ventilation, water, and wastewater disposal. States may adopt these building codes.

o Indian Carbon Market. The Ministry of Power has notified the Carbon Credit Trading Scheme,
empowering industries to reduce greenhouse gas emissions and earn carbon credits. This
initiative fosters investments in transformative technologies, positioning India as a leader in global
green finance. It is intended to operationalize the trading of certificates of mandatory sectors by
October 2026 and of voluntary sectors by April 2026.

o Unnat Jyoti by Affordable LEDs for ALL (UJALA): UJALA programme was launched in 2015 under
which LED bulbs, LED Tube lights and Energy efficient fans are being sold to the domestic
consumers for replacement of conventional and inefficient variants. Till date, over 36.87 crore
LED bulbs, 72.18 lakh LED Tube lights and 23.59 lakh Energy efficient fans have been distributed
by EESL across India. This has resulted in estimated energy savings of 48.41 billion kWh per year
with avoided peak demand of 9,789 MW, GHG emission reduction of 39.22 million ton CO2 per
year and estimated annual monetary savings of INR 19,335 crore in consumer electricity bills.

o Street Lighting National Programme (SLNP): SLNP was launched in 2015 to replace conventional
street lights with smart and energy efficient LED street lights across India. Till date, EESL has
installed over 1.31 crore LED Street Lights in ULBs and Gram Panchayats across India. This has
resulted in estimated energy savings of 8.82 billion kWh per year with avoided peak demand of

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