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The Economic Times
The Economic Times

Tata Motors PV flags concern over proposed direct credit buys from BEE in CAFE II shifts

New Delhi: Tata Motors Passenger Vehicles is understood to have raised concerns over the government's proposal to allow automobile manufacturers to buy cheaper credits directly from Bureau of Energy Efficiency, as envisaged in the draft amendment to the CAFE II notification, stating it could dilute the integrity of the CAFE framework, according to sources.

In a letter to Secretary, Ministry of Power after the ministry issued draft notification earlier this month for a proposed amendment to the CAFE II (Corporate Average Fuel Efficiency) notification, the company also insisted that the government must not let the BEE 'originate or sell credits' in its own capacity as envisaged in the draft amendment.

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