India's Carbon Credit Trading Scheme (CCTS)
India's Carbon Credit Trading Scheme (CCTS) was notified by the Ministry of Power under the Energy Conservation (Amendment) Act 2022, creating a regulated domestic carbon market. The scheme operates through the Bureau of Energy Efficiency (BEE), which designates "obligated entities" in energy-intensive industries required to meet emission intensity reduction targets. Entities exceeding targets earn Carbon Credit Certificates (CCCs) tradeable on power exchanges. The CCTS is India's first mandatory domestic carbon market and is designed to be eventually linked with international carbon trading mechanisms under Article 6.
- Legal basis: Energy Conservation (Amendment) Act 2022
- Nodal body: Bureau of Energy Efficiency (BEE), Ministry of Power
- Trading platform: Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL)
- Carbon Credit Certificate (CCC): 1 CCC = 1 tonne CO₂e
- Obligated entities: energy-intensive industries (initially cement, aluminium, pulp and paper, chlor-alkali, textiles, etc.)
- India's NDC: 45% reduction in emission intensity of GDP by 2030 (over 2005 levels); 50% non-fossil electricity by 2030
● Tracked since May 27, 2026 · last seen September 09, 2026 · updates as the daily brief publishes
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