India CCTS
Carbon Credit Trading Scheme 2023 and Greenhouse Gases Emission Intensity Target Rules, 2025
Topic : Climate · Level : National
Today
Binding intensity targets notified for 490 entities in 8 sectors; revised draft for 255 steel units (2 Jul 2026) not final.
Summary
India's compliance carbon market sets binding emission-intensity targets for 2025-26 and 2026-27. 490 plants in 8 sectors are notified; 255 steel units are in a revised draft (Jul 2026). Plants that miss targets must buy credits or pay twice the average credit price.
Who is concerned
- Turnover
- non précisé
- Employees
- non précisé
- Listed company
- cotées et non cotées
- Sectors
- Aluminium, cement
- Chlor-alkali, pulp and paper
- Refinery, petrochemicals
- Textiles
- Triggering activities
- Notified obligated entity (plant list)
- Operating in a covered sector in India
- Extraterritorial reach
- No
non précisé
- Examples
- Indian cement plant
- Indian textile mill exporting to EU
What the law requires
- Cut GHG emission intensity per unit of output vs 2023-24 baseline
- Report verified emissions intensity for each compliance year
- Buy and surrender carbon credit certificates for any shortfall
Penalties
Environmental compensation of twice the average carbon credit price for the shortfall.
What this changes for a supplier in China
Limited: Indian plants are covered, not Chinese suppliers. Relevant for buyers dual-sourcing from India and China, and for CBAM carbon price deductions.
Expected evidence
- Plant emission intensity data
- Carbon credit certificates held
- Verification report
Tiers : Tier 1