Lok Sabha Question No. 3221 (UNSTARRED), answered on 2026-03-12
Subject: Carbon Credit Trading Scheme
Ministry: POWER
Asked by: Shri Bharatsinhji Shankarji Dabhi, Shri P C Mohan, Smt. Mahima Kumari Mewar, Shri Damodar Agrawal, Dr. Vinod Kumar Bind, Shri Pratap Chandra Sarangi, Smt. Sanjna Jatav, Shri Captain Brijesh Chowta, Smt. Roopkumari Choudhary, Shri Praveen Patel

## GOVERNMENT OF INDIA

## MINISTRY OF POWER

## LOK SABHA UNSTARRED QUESTION NO.3221 ANSWERED ON 12.03.2026

## CARBON CREDIT TRADING SCHEME

3221.  SMT. SANJNA JATAV:

SHRI PRATAP CHANDRA SARANGI:

SMT. ROOPKUMARI CHOUDHARY:

SHRI PRAVEEN PATEL:

SHRI P C MOHAN:

SHRI BHARATSINHJI SHANKARJI DABHI:

SHRI CAPTAIN BRIJESH CHOWTA:

SHRI DAMODAR AGRAWAL:

DR. VINOD KUMAR BIND:

SMT. MAHIMA KUMARI MEWAR:

Will the Minister of POWER be pleased to state:

- (a) the  implementation  status  of  the  Carbon  Credit  Trading  Scheme  including operationalisation of the Measurement Reporting and Verification (MRV) framework for the Indian Carbon Market;
- (b) the institutional arrangements established for the scheme including the National Steering Committee, the role of the Bureau of Energy Efficiency (BEE) as administrator and the Grid India as Registry along with its current operational status;
- (c) the  progress  in  transitioning  nine  energy  intensive  sectors  from  the  Perform, Achieve  and  Trade  (PAT)  scheme  to  the  Carbon  Credit  Trading  Scheme  including  the number of obligated entities registered and carbon credits issued and traded, State-wise including Rajasthan especially Bharatpur Lok Sabha Constituency;
- (d) whether the Government proposes to expand offset mechanisms or integrate the Indian Carbon Market with international markets and if so, the details thereof; and
- (e) the manner in which major technology and innovation hubs such as Bengaluru can contribute  to  the  Indian  Carbon  Market  through  green  industries  startups  and  urban climate initiatives and the phased roadmap for expanding participation of industries and urban local bodies in such cities under the scheme?

## A N S W E R

## THE MINISTER OF STATE IN THE MINISTRY OF POWER

(SHRI SHRIPAD NAIK)

(a) & (b): The  Carbon  Credit  Trading  Scheme  (CCTS)  was  notified  by  the  Central Government in June 2023. For its implementation, the Bureau of Energy Efficiency (BEE) has issued the Detailed Procedure for Compliance Mechanism under CCTS, establishing a comprehensive Measurement, Reporting and Verification (MRV) framework to ensure accurate and transparent compliance. BEE has also released the Accreditation Procedure and  Eligibility  Criteria  for  Accredited  Carbon  Verification  Agencies  and  the  Detailed

Procedure for Offset Mechanism under CCTS.

The institutional framework for CCTS is already operational. It includes a National Steering  Committee  co-chaired  by  the  Secretaries  of  the  Ministry  of  Power  and  the Ministry  of  Environment,  Forest  and  Climate  Change,  with  Grid  India  acting  as  the Registry, BEE as the Administrator, and the Central Electricity Regulatory Commission (CERC) as the Regulator for the Indian carbon market. (c): Seven energy-intensive sectors-Aluminium, Cement, Chlor-Alkali, Pulp and Paper, Petrochemicals, Petroleum Refinery, and Textile-have been transitioned from Perform Achieve    and  Trade  Scheme  (PAT)  to  the  CCTS.  Under  these  sectors,  a  total  of  490 obligated  entities  have  been  assigned  Greenhouse  Gas  Emission  Intensity  targets,  of which 64 are located in the State of Rajasthan. The state-wise details of all 490 obligated entities, including those in Rajasthan, are provided in Annexure-I. At present, no Carbon Credit Certificates have been issued to any obligated entity under CCTS. (d): At  present,  there  is  no  proposal  to  further  expand  the  Offset  Mechanism  under CCTS. The Government has already notified the sectors eligible for project registration under  the  mechanism,  namely  Energy,  Industries,  Agriculture,  Waste  Handling  and Disposal, Forestry, Transport, Fugitive Emissions, Construction, Solvent Use, and Carbon Capture, Utilization and Storage (CCUS). Further, the Government has finalized thirteen activities eligible for international trading of carbon credits under Article 6.2 and Article 6.4 of the Paris Agreement. The list of approved activities is enclosed at Annexure-II. (e): Under the Offset Mechanism of CCTS, non-obligated entities including industries and urban local bodies, may voluntarily register approved mitigation activities for the purpose of seeking issuance of Carbon Credit Certificates. To facilitate this, the Bureau has developed nine methodologies under offset mechanism, which provide standardized approaches  for  quantifying  and  verifying  emission  reductions  or  removals.  Details  of methodologies are enclosed at Annexure-III.

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ANNEXURE-I ANNEXURE REFERRED IN REPLY TO PART (c) OF UNSTARRED QUESTION NO. 3221 ANSWERED IN THE LOK SABHA ON 12.03.2026

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| State            |   Total number of Obligated Entities |
|------------------|--------------------------------------|
| Andhra Pradesh   |                                   30 |
| Assam            |                                    8 |
| Bihar            |                                    4 |
| Chhattisgarh     |                                   11 |
| Dadra & Nagra    |                                   17 |
| Gujarat          |                                   71 |
| Haryana          |                                    9 |
| Himachal Pradesh |                                   14 |
| Jammu & Kashmir  |                                    1 |
| Jharkhand        |                                    7 |
| Karnataka        |                                   22 |
| Kerala           |                                    3 |
| Madhya Pradesh   |                                   29 |
| Maharashtra      |                                   29 |
| Meghalaya        |                                    8 |
| Odisha           |                                   18 |
| Puducherry       |                                    2 |
| Punjab           |                                   26 |
| Rajasthan        |                                   64 |
| Tamil Nadu       |                                   41 |
| Telangana        |                                   21 |
| Uttar Pradesh    |                                   34 |
| Uttarakhand      |                                    6 |
| West Bengal      |                                   15 |
| Total            |                                  490 |

Obligated Entities in the State of Rajasthan

| District       |   Total number of Obligated |
|----------------|-----------------------------|
| Kota           |                           4 |
| Alwar          |                           5 |
| Sirohi         |                           2 |
| Chittorgarh    |                           8 |
| Udaipur        |                           3 |
| Ajmer          |                           1 |
| Pali           |                           4 |
| Bundi          |                           1 |
| Kotputli       |                           1 |
| Nagaur         |                           1 |
| Jodhpur        |                           1 |
| Sri Ganganagar |                           1 |
| Sikar          |                           2 |
| Bhilwara       |                          23 |
| Banswara       |                           6 |
| Jhalawar       |                           1 |
| Total          |                          64 |

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ANNEXURE-II ANNEXURE REFERRED IN REPLY TO PART (d) OF UNSTARRED QUESTION NO. 3221 ANSWERED IN THE LOK SABHA ON 12.03.2026

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List of activities approved by NDAIPA

- I. GHG Mitigation Activities:
1. Renewable energy with storage (only stored component)
1. Solar thermal power
2. Off- shore wind
3. Green Hydrogen
4. Compressed biogas
5. Emerging mobility solutions like fuel cells
6. High end technology for energy efficiency
7. Sustainable Aviation Fuel
9. Best available technologies for process improvement in hard to abate sectors

10. Tidal energy, Ocean Thermal Energy, Ocean Salt Gradient Energy, Ocean Wave Energy and Ocean Current Energy

11. High Voltage Direct Current Transmission in conjunction with the renewable energy projects
2. II Alternate Materials:
12. Green Ammonia
- II. Removal Activities:
13. Carbon Capture Utilization and Storage
6. ***********

ANNEXURE-III ANNEXURE REFERRED IN REPLY TO PART (e) OF UNSTARRED QUESTION NO. 3221 ANSWERED IN THE LOK SABHA ON 12.03.2026

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List of methodologies in the offset mechanism under CCTS

1. BM  EN01.001  -  Grid-connected  electricity  generation  from  renewable sources
2. BM EN01.002 - Hydrogen production from electrolysis of water
3. BM IN02.001 Energy efficiency and fuel switching measures for industrial facilities
4. BM IN02.002 Hydrogen production using methane extracted from biogas
5. BM WA03.001 Landfill methane recovery
6. BM WA03.002 Flaring or use of landfill gas
7. BM AG04.002 Methane recovery from livestock and manure management at households and small farms
8. BM  FR05.001  Afforestation  and  reforestation  of  degraded  mangrove habitats
9. BM FR05.002 Afforestation and reforestation of lands except wetlands

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