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Legal Central Ministry of Power Electricity Act, 2003

Central Electricity Regulatory Commission Notifies Regulations on Purchase and Sale of Carbon Credit Certificates, 2026

27-Feb-2026 | RA-14026(13)/1/2024-CERC

The Central Electricity Regulatory Commission has notified the Central Electricity Regulatory Commission (Terms and Conditions for Purchase and Sale of Carbon Credit Certificates) Regulations, 2026, which shall come into force from the date of their publication in the Official Gazette. The Regulations establish a comprehensive regulatory framework for trading of Carbon Credit Certificates (CCCs) between obligated and non-obligated entities under the Carbon Credit Trading Scheme, 2023. The Regulations define key terms, specify objectives and scope, and provide for the functioning of the Registry, Administrator, and Power Exchanges. They regulate issuance, categorization, validity, banking, surrender, pricing (including floor and forbearance prices), and market oversight of CCCs. The Bureau of Energy Efficiency is designated as the Administrator, while the Grid Controller of India is assigned the role of Registry. The framework aims to ensure transparent, orderly, and efficient exchange of CCCs in accordance with the Electricity Act, 2003, the Energy Conservation Act, 2001, and the Carbon Credit Trading Scheme, 2023.

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