Tata Motors PV flags concern over proposed direct credit buys from BEE in CAFE II shifts

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Tata Motors has voiced concerns regarding a government proposal on CAFE II compliance credits. The company believes allowing direct credit purchases from the Bureau of Energy Efficiency could weaken the framework. Tata Motors insists the BEE should not originate or sell credits in its own capacity. This provision could offer a cheaper compliance option than statutory penalties. The manufacturer argues this undermines the technology-driving purpose of the CAFE regime.