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Approved Sectors in Offset Mechanism Under CCTS

Carbon Credit sectors notification

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SV Hegde
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70 views

Approved Sectors in Offset Mechanism Under CCTS

Carbon Credit sectors notification

Uploaded by

SV Hegde
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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(1TFd-
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BUREAU OF ENERGY EFFICIENCY 31171-41
(Government of India, Ministry of Power) 3T418.

No. 45/02/NMEEE/Energy Efficiency-CCTS/2024 20th September 2024

OFFICE MEMORANDUM

Subject: Approved Sectors in Offset Mechanism under CCTS by Central


Government

The Energy Conservation (Amendment) Act, 2022 empowered the Central Government
to specify the Carbon Credit Trading Scheme. The framework for Indian Carbon Market
was developed by notifying the Carbon Credit Trading Scheme (CCTS) vide S.O. 2825(E),
dated 28th June 2023 and amendment notification S.O. 5369(E), dated 19th December
2023.

Under the COTS. the Central Government has constituted the National Steering
Committee for Indian Carbon Market (NSC-ICM) co-chaired by Secretary Ministry of
Environment, Forest and Climate Change and Secretary, Ministry of Power to have direct
oversight of the functioning of Indian carbon market. With reference to the sub paragraph
(2) (ba) of the paragraph (5) of the notification, one of the functions of Bureau as ICM
Administrator is "to identify the sectoral scope and develop the methodologies to be used
under offset mechanism".

Further, with reference to the sub-paragraph (2) of paragraph 11A of the notification, "the
Bureau on the recommendation of National Steering Committee for Indian carbon market
and after approval of the Central Government. shall publish sectoral scope and
methodologies from time to time.

Further, during the 6th meeting of the NSC-ICM, the committee recommended the sectoral
scope under the offset mechanism. The list of the sectors as recommended by the NSC-
ICM and approved by the Central Government are enclosed.

Yours sincerely,

(Saurabh
Director

7a• ,cv A I Save Energy for Benefit of self and Nation

Asir 'ffa, *-4T 14 f, 31R0 0 TR, f4- f-110066, /Website : www.beeindia.govin


4th Floor, Sewa Bhawan, R.K. Puram, New Delhi-110 066, i,‘"eitf /Tel. : 91 (11) 26766700, IN‘':1/Fax : 91 (11) 20867402
List of approved sectors in Offset Mechanism under CCTS

Phase 1:

S. No Sector Sub-Sector Illustrative Technologies

1 Energy • Energy Industries • Green Hydrogen production


(renewable I non- through electrolysis
renewable),
• RE with Storage
• Energy distribution &
• Offshore Wind
• Energy demand
• Green Hydrogen production
through Biomass

• Compressed Biogas

• Energy efficiency
improvements of a lime
production facility through
installation of new kilns

2 Industries • Manufacturing • Green Ammonia usage


Industries
• Feed switch in integrated
• Chemical Industries Ammonia-urea
manufacturing industry
• Mining/Mineral
production &

• Metal production

3 Waste • Waste handling and • Biochar


handling and disposal
disposal • Landfill Gas Capture

4 Agriculture • Agriculture • Systematic Rice


Intensification

• Biochar

• Agroforestry

5 Forestry • Afforestation and • Afforestation activity


reforestation
• Institutional Forestry

6 Transport • Transport • Modal Shift

• Electric Vehicles/Bus
Phase 2:

S. No Sector Sub-Sector Illustrative Technologies

7 Construction • Construction • Limestone Calcined Clay


Cement (LC3)

8 Fugitive • From fuels (solid, oil, • CF4 emission reduction in


Emissions and gas) semiconductor
manufacturing facility
• From Industrial gases
(halocarbons and • Recovery and utilization of
sulphur hexafluoride) gas from oil fields

9 Solvent use • Solvents use -

10 CCUS • Carbon capture, • Post combustion — CCS


utilisation and storage
of CO2 and other
removals

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