Methodology & Standards
India Carbon Market operates as an open discovery index. We align strictly with national compliance criteria and international carbon registries.
CCTS Governance Architecture
Administered under the Greenhouse Gases Emission Intensity Target Rules, 2025
National Steering Committee
Co-chaired by the Secretary, Ministry of Power (MOP) and Secretary, Ministry of Environment, Forest and Climate Change (MoEFCC). The committee governs formulation of targets, rules of transaction, and registry integration.
Bureau of Energy Efficiency (BEE)
Serves as the central Administrator of the Indian Carbon Market. BEE allocates baseline GHG emission intensity targets per sector, verifies annual reports, and directs the registry operator for carbon credit issuance.
Grid Controller of India Ltd
Appointed as the official Registry Operator of the Greenhouse Gases (GHG) reduction ledger. Grid Controller of India registers accounts, records credit transactions, and executes security auditing procedures.
Regulatory Commission (CERC)
The Central Electricity Regulatory Commission regulates CCTS credit trading across centralized exchanges, overseeing market mechanics, market stability indexes, and audit clearing.
Supported Credit Instruments
Trading compliance and voluntary offsets across globally aligned methodologies
Performance-Based Carbon Credits
Issued to designated consumers that outperform their sector-specific emission intensity targets (tCO₂e per tonne of physical product). Evaluated across core industries including Steel, Cement, Aluminium, and Fertiliser.
Certified Emission Reductions (CERs)
Credits generated under the Kyoto Protocol Clean Development Mechanism (CDM) or transitioned to the Article 6.4 mechanism of the Paris Agreement. Commonly backed by wind, solar, and hydro grid expansions.
Verified Carbon Units (VCUs)
Certified carbon reductions managed under the Verified Carbon Standard. VCUs cover agriculture, forestry conservation (REDD+), waste methane mitigation, and advanced energy efficiency conversions.
GS Verified Emission Reductions
Offset units focusing heavily on co-benefits and positive Sustainable Development Goal impacts (such as gender equality, local employment, clean drinking water access, and eco-restoration).
Administrative & Valuation Notice
* CCTS floor and forbearance pricing has not yet been officially set by the Bureau of Energy Efficiency. All ₹1,500/tonne prices shown on this platform are indicative estimates, not official BEE regulatory prices.
Listing on the India Carbon Market exchange index does not guarantee regulatory clearance or validation from the Bureau of Energy Efficiency. Transaction parties remain strictly liable for performing legal due diligence and verifying Serial ID registrations before finalizing funds transfer.