Bee Star Rating
The Government of India set up Bureau of Energy Efficiency (BEE) on 1st March 2002 under the provisions of the Energy Conservation Act, 2001. The mission of the Bureau of Energy Efficiency is to assist in developing policies and strategies with a thrust on self-regulation and market principles, within the overall framework of the Energy Conservation Act, 2001 with the primary objective of reducing energy intensity of the Indian economy. This will be achieved with active participation of all stakeholders, resulting in accelerated and sustained adoption of energy efficiency in all sectors.
A BEE-rating certificate is a document that indicates a company’s level of BEE compliance. A level one contributor is the highest achievable status and the lowest level of BEE compliance is level eight. The higher the BEE status level, the stronger a company is in relation to its competition. Companies should aim to achieve a higher status level annually.
A company needs a BEE-rating certificate to prove their level of BEE status. The certificate includes indicators such as the company’s turnover, the level of black ownership and the overall BEE status.
The certificate is valid for a year and renewed annually based on evidence submitted for BEE implementation during the period under measurement.
The Minister of Finance, Pravin Gordan has ruled that from the 7 December 2011 a company cannot conduct business with municipalities, government departments and any state-owned entities without a valid BEE-rating certificate. Failure to submit a valid BEE-rating certificate shall lead to disqualification.
Companies can use their BEE-rating certificate to claim procurement spent with BEE compliant suppliers. In order to claim, companies have to buy from BEE compliant suppliers to score points for BEE procurement spent. If you don’t have a BEE-rating certificate, your customers will look for a BEE compliant supplier. It is important for companies to aim to achieve and maintain a level one status to remain competitive.
Our company is renowned for the BEE approvals. Making our clients familiar with the guideline, manuals and standards set up by the Bureau of Energy Efficiency (BEE), Ministry of Power, in India. We aim at expeditious and faultless approval process.
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