• ISSN: 2010-023X (Print)
    • Abbreviated Title: Int. J. Trade, Economics and Financ.
    • Frequency: Quaterly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Managing Editor: Ms. Shira. W. Lu
    • Abstracting/ Indexing:  Crossref, Electronic Journals Library , EBSCO
    • E-mail: ijtef.editorial.office@gmail.com
HOME > Archive > 2022 > Volume 13 Number 6 (Dec. 2022) >
IJTEF 2022 Vol.13(6): 194-201 ISSN: 2010-023X
DOI: 10.18178/ijtef.2022.13.6.745

Analyzing Energy Efficiency of Indian Fertilizer Industry: Evidence from Select Fertilizer Plants

Hena Oak

Abstract—Fertilizer industry is one of the most energy intensive industries in the country. Government of India has taken steps for a more efficient use of energy resources, with two main policies aimed specifically at achieving greater efficiency in energy use, viz., Perform-Achieve-Trade (PAT) scheme and New Pricing Scheme. The objective of this paper is to do a plant level analysis of the effect of these policies, along with other control variables, on the energy intensity of fertilizer industry. A fixed effects model is estimated for a sample period of 2006-07 to 2017-18. 28 out of 29 plants identified by the Bureau of Energy Efficiency for the implementation of the PAT scheme have been used in the study. Broadly the results show that PAT Cycle-I has helped to improve the energy intensity of the fertilizer plants. The other explanatory variables have the expected signs. The fertilizer industry has surpassed the energy saving target under PAT scheme, set by the Bureau of Energy Efficiency.

Index Terms—Energy intensity, fertilizer plants, India, perform achieve and trade, new pricing scheme.

Hena Oak is with theDepartment of Economics, Miranda House, University of Delhi, India (e-mail: henaoak@ gmail.com).

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Cite: Hena Oak, "Analyzing Energy Efficiency of Indian Fertilizer Industry:  Evidence from Select Fertilizer Plants," International Journal of Trade, Economics and Finance vol.13, no.6, pp. 194-201, 2022.

Copyright © 2022 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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