CERC · Final regulation · 27 February 2026 · Carbon Credit Trading Scheme

CERC (Terms and Conditions for Purchase and Sale of Carbon Credit Certificates) Regulations, 2026

CERC has set the trading rules for India's carbon market: certificates trade on the power exchanges in compliance and offset segments, with BEE as administrator and Grid-India as registry.

Why it matters. Puts a tradable price on industrial emissions, with power exchanges as the venue.

What changes

Carbon credit certificates trade on power exchanges in a compliance segment and an offset segment.
Trading expected monthly unless CERC decides otherwise.
BEE is Market Administrator; Grid Controller of India is the Registry.
One certificate equals one tonne of CO2-equivalent; trades within CERC-approved floor and forbearance prices.
Overselling more than three times in a quarter brings a six-month trading ban.

Who is affected

Obligated entities · Voluntary participants · Power exchanges · BEE · Grid-India

Reference No. RA-14026(13)/1/2024-CERC. Effective on Gazette publication, 27 Apr 2026.

Sources

Last checked 11 October 2026. Summary for information; rely on the official gazette text.

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