Section 22 in The Energy Conservation (Partial Risk Guarantee Fund for Energy Efficiency) Rules, 2016
22. Utilisation of Income.
(1)All income received under the Partial Risk Guarantee Fund for Energy Efficiency shall be part of this fund including interest earned on the fund, upfront Guarantee Fee and application fee recovered from the participating financial institutions.(2)The Bureau may utilise the interest accumulated on fund corpus, guarantee fee and application fee to meet the administrative expense related with the Partial Risk Guarantee Fund for Energy Efficiency.
