The Central Electricity Regulatory Commission has formally notified the Terms and Conditions for Purchase and Sale of Carbon Credit Certificates Regulations, 2026, setting up a structured legal framework for carbon credit trading in India. These rules, effective immediately after gazette publication, define how Carbon Credit Certificates (CCCs) will be exchanged, with provisions for transparent trading, registry management, and pricing limits to support the broader Carbon Credit Trading Scheme (CCTS).
Under the new regulations, the Bureau of Energy Efficiency has been appointed as the Administrator to oversee detailed procedures and compliance monitoring, while the Grid Controller of India will act as the Registry managing electronic accounts and transaction records. The market will operate through power exchanges with separate segments for compliance and voluntary trading, enabling obligated and non-obligated entities to participate in cutting greenhouse gas emissions.
Reference: Read more
