Carbon Credit Trading Scheme, 2023

Introduction The Ministry of Power has released the Carbon Credit Trading Scheme, 2023, to regulate the trading of carbon credit certificates. This scheme introduces several key components to ensure a structured and transparent carbon market in India. Key Components 1.…

Green Credit Programme Implementation Rules, 2023

Introduction The Ministry of Environment, Forest & Climate Change has introduced the Green Credit Programme Implementation Rules, 2023, based on India’s mission LiFE (Lifestyle for Environment). This rule aims to incentivize environmentally positive actions through a market-based mechanism. Objectives of…

MOEFCC Notification on Genset

Introduction The Ministry of Environment, Forest & Climate Change has issued a notification regarding genset regulations. This notification, which applies to all fuels, revises the power category slabs from three to five. According to the general conditions of the notification,…