Indian Carbon Credit Trading Scheme (CCTS) Guide
Comprehensive overview of BEE notified sector baselines, Carbon Credit Certificates (CCCs), obligated entities, and bilateral OTC trading protocols.
BEE Mandated Targets
Obligated entities in steel, cement, chlor-alkali, paper, and fertilizer sectors are assigned specific GHG intensity reduction targets (tCO₂e per tonne of output).
CCC Certificate Issuance
Factories reducing intensity beyond their assigned baseline receive Carbon Credit Certificates (CCCs) from the Bureau of Energy Efficiency which can be listed on the CarbonValley directory.
Registry & Settlement
Surplus entities trade directly with deficit units. Certificate transfers clear via national BEE and Grid Controller registry portals upon deal execution.
1. Who Must Comply?
Under the Environment (Protection) Act regulations, industrial units exceeding threshold energy consumption thresholds in covered sectors are designated as Obligated Entities. Each facility is assigned a specific baseline intensity reduction schedule for the compliance cycle.
2. Surpluses and Deficits
At the end of each annual compliance cycle:
- ✓Surplus Facilities: Units achieving lower emissions than their targeted baseline are issued 1 CCC for each metric tonne of CO₂e avoided.
- ⚠️Deficit Facilities: Units exceeding their target intensity must purchase and surrender CCCs equal to their deficit volume to avoid non-compliance penalties.
3. How CarbonTrack Supports CCTS Compliance
CarbonTrack provides end-to-end automated Scope 1 & Scope 2 MRV calculation, Form A/B export generation formatted for BEE submission, and direct access to the CarbonValley OTC directory.