Consolidated in one place — so you never have to jump between seven different ministry websites.
The Central Electricity Regulatory Commission published draft regulations governing the trading of Carbon Credit Certificates (CCCs) on CERC-recognised power exchanges, including IEX and PXIL. The regulations specify market participant eligibility, trading session timings, settlement mechanisms, and obligations of clearing corporations. Public comments invited.
Source: CERC Official WebsiteThe Bureau of Energy Efficiency formally notified 256 industrial units across eight energy-intensive sectors as obligated entities under Phase 1 of the Carbon Credit Trading Scheme. The sectors include aluminium, steel, cement, pulp & paper, textiles, fertilizers, petrochemicals, and chlor-alkali. Each entity has been assigned a sector-specific emission intensity target for the compliance period 2023–2026.
Source: BEE — Carbon Credit Trading SchemeIEX announced the completion of its technical infrastructure review for Carbon Credit Certificate trading, including real-time position tracking, registry connectivity with the national carbon registry, and participant onboarding workflows. The exchange stated readiness to commence market operations pending final CERC notification.
Source: IEX Press ReleaseThe Ministry of Power published gazette notification No. S.O. 4834(E) amending the Energy Conservation Act rules to formalise the Monitoring, Reporting and Verification framework. The notification specifies requirements for Accredited Carbon Verification Agencies (ACVAs), the frequency of emissions reporting, and consequences for non-compliance including credit purchase obligations.
Source: Ministry of Power — Gazette NotificationPower Exchange India Limited received in-principle approval from CERC to operate as a recognised exchange for secondary market trading of Carbon Credit Certificates. PXIL joins IEX in preparing exchange infrastructure for the ICM's anticipated launch, with both exchanges expected to offer competitive market access for smaller obligated entities.
Source: CERC OrderBureau of Energy Efficiency published updated baseline specific energy consumption (SEC) and emissions intensity norms for all eight CCTS-covered sectors based on 2023–24 survey data. The baselines — calculated using verified production output and fuel/electricity consumption data — will serve as the reference point against which obligated entities' actual emissions intensity is measured during the compliance period.
Source: BEE CCTS NotificationThe National Carbon Registry, developed by BEE in collaboration with Ministry of Power, entered beta testing with 40 selected obligated entities across five sectors. The registry handles issuance, tracking, transfer, and retirement of Carbon Credit Certificates. Full deployment is scheduled to coincide with ICM trading commencement.
Source: BEE Registry UpdateBEE released the first list of Accredited Carbon Verification Agencies empanelled to conduct third-party verification of emissions data submitted by obligated entities. The list includes 14 agencies across engineering consultancy and environmental certification sectors. ACVAs are mandated for all entities seeking Carbon Credit Certificate issuance.
Source: BEE ACVA NotificationNeatCarbon consolidates publicly available regulatory notifications. We are not affiliated with BEE, CERC, or the Ministry of Power. All summaries are for informational purposes.