The Union Cabinet had approved the National Mission for Enhanced Energy Efficiency (NMEEE). The Mission will usher in the four new initiatives to significantly scale up implementation of energy efficiency in India. The flagship of the Mission is the Perform Achieve and Trade (PAT) mechanism, which is a market-based mechanism to make improvements in energy efficiency in energy-intensive large industries (known as Designated Consumers) making them more cost-effective by certification of energy savings that could be traded.