Parliament proceedings- Energy conservation bill presented in Lok Sabha

The Government is scheduled to introduce The Energy Conservation (Amendment) Bill, 2022, in the Lok Sabha on Wednesday.
While Power Minister R.K. Singh will move the bill on energy conservation, Education Minister Dharmendra Pradhan will table a Bill to amend the Central Universities Act, 2009.
Amid the growing energy needs and changing global climate landscape, the Centre has identified new areas to achieve higher penetration of Renewable energy by proposing certain amendments to Energy Conservation Act, 2001. The objective will be to enhance the demand for renewable energy in the end-use sectors such as industry, buildings, transport etc.
Ministry of Power has prepared amendments after consultations with stakeholders. The proposal includes defining the minimum share of renewable energy in the overall consumption by the industrial units or any establishment.
The proposed amendments would facilitate the carbon market development in India and prescribe minimum renewable energy consumption either as direct or indirect use through the grid. This will help reduce fossil fuel-based energy consumption and carbon emission to the atmosphere.
India stands at the forefront of addressing climate change and has committed to an ambitious Nationally Determined Contributions (NDCs) of reducing emission intensity by 33-35 per cent in 2030 against 2005.
Apart from this, government business reports of the standing committee of External Affairs on Welfare of Indian Diaspora: Policies and schemes will also be presented.
Reports of the Standing committee on Finance and Housing and urban affairs will also be tabled.