Section 10 in Energy Conservation (Venture Capital Fund for Energy Efficiency) Rules, 2017
10. Role of the Bureau.
- The Bureau shall -(a)formulate the trust and register the fund with the Securities and Exchange Board of India as required under the law;(b)appoint a public financial institution as a fund manager for Venture Capital Fund for Energy Efficiency under agreement with the Bureau;(c)monitor the progress of Venture Capital Fund for Energy Efficiency and fund manager; and(d)incur administrative expenses for Venture Capital Fund for Energy Efficiency by taking due approval from Director General, Bureau.
