<span style="color: #222222;">Union Power Minister R K Singh today said that energy savings are 30 per cent more at 8.67 million tonnes of oil equivalent than the target in the first phase of the energy conservation scheme Perform, Achieve and Trade (PAT). </span><br />'' <span style="color: #222222;">  </span><br />'' <span style="color: #222222;">He said under PAT Cycle I, more than 400 large industries from key energy intensive sectors in India took measures to improve energy efficiency during the last three years which resulted in energy savings worth Rs 9,500 crore annually. </span><br />'' <span style="color: #222222;"> </span><br />'' <span style="color: #222222;">The PAT scheme is mandatory for all designated consumers notified by the Bureau of Energy Efficiency (BEE) and it is one of the major initiatives under the National Mission for Enhanced Energy Efficiency (NMEEE). </span><br />