**Executive Summary**
This document, a notification from the Ministry of Power, rescinds the Energy Conservation (Partial Risk Guarantee Fund for Energy Efficiency) Rules, 2016 and the Energy Conservation (Venture Capital Fund for Energy Efficiency) Rules, 2017, effective December 29, 2025. The decision follows a review of both funds on September 11, 2025, which led to the decision to close them. The Director General of the Bureau of Energy Efficiency (BEE) has initiated the dissolution of the trust administering the funds.
**Key Points / Main Content**
* **Rescission of Rules:**
* The Energy Conservation (Partial Risk Guarantee Fund for Energy Efficiency) Rules, 2016 are rescinded.
* The Energy Conservation (Venture Capital Fund for Energy Efficiency) Rules, 2017 are rescinded.
* **Background:**
* Both funds aimed to accelerate energy efficiency financing in India.
* The funds were reviewed on September 11, 2025, leading to the decision to close them.
* **Dissolution Process:**
* The respective rules may be rescinded after completing the due process of dissolution of the Trust constituted for administering the fund.
* The Director General of BEE, as the managing trustee and Chairman, has started the process of dissolving the trust and informed the other Trustees.
* **Impact on Past Actions:**
* The rescission does not affect the validity, effect, or consequences of anything already done, acquired, or incurred under the rescinded rules.
**Impact Analysis**
**Bureau of Energy Efficiency (BEE) / Director General of BEE**
* **Impact:** The BEE was consulted during the decision-making process. The Director General of BEE, as the managing trustee and Chairman of the Trust, is responsible for the dissolution process.
* **Action Required:** The Director General of BEE must continue and complete the process of dissolving the Trust associated with the funds.
**Trustees**
* **Impact:** Trustees of the fund have been informed of the dissolution process.
* **Action Required:** No action mentioned in the document.
**Stakeholders in Energy Efficiency Financing in India**
* **Impact:** Entities that benefited from the Funds. The future availability of risk guarantees and venture capital for energy efficiency projects, as previously enabled by the rescinded rules, is removed.
* **Action Required:** No action specified but may need to adapt to changes in funding landscape for energy efficiency projects.
Key Entities Referenced
Energy Conservation Act, 2001: The primary legislation authorizing the rescinded rules.
Bureau of Energy Efficiency: The agency consulted in rescinding the rules.
Energy Conservation (Partial Risk Guarantee Fund for Energy Efficiency) Rules, 2016: One of the rescinded rules concerning a risk guarantee fund for energy efficiency.
Energy Conservation (Venture Capital Fund for Energy Efficiency) Rules, 2017: One of the rescinded rules concerning a venture capital fund for energy efficiency.
Ministry of Power: The ministry issuing the notification rescinding the rules.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-31122025-268960
CG-DxLx-xEG-I3D1H1x2x2x0 25-268960
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (i)
PART II—Section 3—Sub-section (i)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 840] नई दिल्ली, सोमिार, दिसम्ब र 29, 2025/पौष 8, 1947
No. 840] NEW DELHI, MONDAY, DECEMBER 29, 2025/PAUSHA 8, 1947
विद्यतु मत्रं ालय
अजधसचू ना
नई दिल्ली, 29 दिसम् बर, 2025
सा.का.जन. 926(अ).— केंद्रीय सरकार ने, ऊिाा सरं क्षण अजधजनयम, 2001 (2001 का 52) की धारा 56 की उप-
धारा (2) के खंड (फ) के साथ पठित धारा 13 की उप-धारा (2) के खंड (झ), खडं (ड) और खडं (ढ) तथा धारा 46 द्वारा प्रित्त
िजियों का प्रयोग करत े हुए, ऊिाा िक्षता ब्यूरो के परामि ा स,े सा.का.जन. 549(अ), तारीख 26 मई, 2016 द्वारा ऊिा ा
संरक्षण (ऊिाा िक्षता के जलए आंजिक िोजखम प्रत् याभूजत जनजध) जनयम, 2016 और सा.का.जन. 311(अ), तारीख 31 माच,ा
2017 द्वारा ऊिाा संरक्षण (ऊिाा िक्षता के जलए उद्यम पूंिी जनजध) जनयम, 2017 को अजधसूजचत दकया था; और दोनों जनजधयों
का उद्देश्य भारत म ेंऊर्ा ा दक्षता वित्तपोषण म ेंतेर्ी लाना था;
और उपरोक्त दोनों वनवियों की 11 वितंबर, 2025 को िमीक्षा की गई थी और इन वनवियों को बंद करने का
जिजनश् चय दकया गया था और वनवि के प्रशािन के वलए गठित न् यास के विघटन की उवित प्रक्रिया पूरी होन े के बाद उनके
िंबंवित वनयमों को जिखंजडत क्रकया र्ा सकेगा;
और प्रबंि न्यािी और न् यास के अध्यक्ष के रूप में ऊर्ाा दक्षता ब्यूरो के महावनदेशक न े न् यास को जिघठित करने की
सम् यक प्रक्रिया शुरू की ह ैऔर अन्य न्यावियों को सम् यक रूप स े िूवित क्रकया ह।ै
अत:, अब, केन् द्रीय सरकार, ऊर्ा ा िंरक्षण अविवनयम, 2001 की िारा 56 की उपिारा (2) के खंड (फ) के साथ पठित िारा
13 की उपिारा (2) के खंड (झ), खंड (ड) और खडं (ढ) तथा धारा 46 द्वारा प्रदत्त शवक्तयों का प्रयोग करते हुए, ऊर्ाा दक्षता
ब्यूरो के परामश ाि,े वनम्नवलवखत वनयमों को जिखंजडत करती ह,ै अथाात:् -
(क) ऊर्ाा िंरक्षण (ऊर्ाा दक्षता के वलए आंवशक र्ोवखम प्रत् याभूजत जनजध) वनयम, 2016; तथा
8772 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(ख) ऊर्ाा िंरक्षण (ऊर्ाा दक्षता के वलए उद्यम पूंर्ी जनजध) वनयम, 2017
(2) यह जिखंडन पहले से दकए गए या िहन दकए गए दकसी भी काया की िैधता, अजिजधमान् यता, प्रभाि या पठरणामों को या
पहल े से अर्िात प्रोद्भूत या उपगत दकसी अजधकार, िीषाक, बाहयता या िाजयत् िों को या उसके संबंध में दकसी उपाय या
कायािाही को, या दकसी ऋण, िाजस्ट्त, बाहयता, िाजयत् ि, िािे या मागं स े जनममाक्त ी या उन् मोचन को, या पहल े से ही प्रिान
की गई दकसी क्षजतपूर्ता को या दकसी भी अतीत म ेंदकए गए कृत्य या िस्ट् त म के प्रमाण को प्रभाजित नहीं करेगा।
[फा. स.ं 21/4/2019-ईसी]
िीरर् कुमार श्रीिास्ति, ममख्य अजभयंता
MINISTRY OF POWER
NOTIFICATION
New Delhi, the 29th December, 2025
G.S.R. 926(E).—Whereas in exercise of the powers conferred by clause (v) of sub-section (2) of section 56
read with clauses (l), (m) and (n) of sub-section (2) of section 13 and section 46 of the Energy Conservation Act, 2001
(52 of 2001), the Central Government, in consultation with the Bureau of Energy Efficiency, had notified vide G.S.R.
549(E), dated the 26th May 2016 the Energy Conservation (Partial Risk Guarantee Fund for Energy Efficiency) Rules,
2016 and vide G.S.R. 311(E) dated the 31st March, 2017, the Energy Conservation (Venture Capital Fund for Energy
Efficiency) Rules, 2017;
And whereas aim of both funds was to accelerate the energy efficiency financing in India;
And whereas both the above funds were reviewed on 11th September, 2025 and it was decided to close these
funds and their respective rules may be rescinded after completing the due process of dissolution of the Trust constituted
for administering the fund;
And whereas Director General of Bureau of Energy Efficiency as the managing trustee and Chairman of the
trust, has undertaken the due process of dissolution of the Trust and has duly intimated the other Trustees.
Now, therefore, in exercise of the powers conferred by clause (v) of sub-section (2) of section 56 read with clauses (l),
(m) and (n) of sub-section (2) of section 13 and section 46 of the Energy Conservation Act, 2001, the Central
Government, in consultation with the Bureau of Energy Efficiency, hereby rescinds the following rules, namely: -
(a) The Energy Conservation (Partial Risk Guarantee Fund for Energy Efficiency) Rules, 2016; and
(b) The Energy Conservation (Venture Capital Fund for Energy Efficiency) Rules, 2017.
(2) This rescission shall not affect the validity, invalidity, effect or consequences of anything already done or
suffered, or any right, title, obligation or liability already acquired, accrued or incurred, or any remedy or proceeding in
respect thereof, or any release or discharge of or from any debt, penalty, obligation, liability, claim or demand, or any
indemnity already granted, or the proof of any past act or thing.
[F. No. 21/4/2019-EC]
DHIRAJ KUMAR SRIVASTAVA, Chief Engineer
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.