Government Expands GEI Targets to 208 Carbon-Intensive Industries

27 Jan 2026 CW Team

With this latest inclusion, the total number of obligated entities covered under the ICM’s compliance mechanism has increased to 490, significantly broadening its reach across India’s most emission-intensive industries. Earlier, in October 2025, the government had notified GEI targets for 282 obligated entities from the Aluminium, Cement, Chlor-Alkali, and Pulp & Paper sectors.

The CCTS, notified by the Government of India in 2023, provides the overarching framework for the operationalisation of the Indian Carbon Market. Its primary objective is to reduce or avoid greenhouse gas emissions across key sectors of the Indian economy by assigning a price to emissions through a carbon credit certificate trading system.

The scheme functions through two mechanisms — the Compliance Mechanism and the Offset Mechanism. Under the Compliance Mechanism, designated emission-intensive industries, referred to as Obligated Entities, are required to meet prescribed GEI reduction targets. Entities that achieve reductions beyond their assigned targets are eligible to earn Carbon Credit Certificates, which can be traded with other obligated entities that fall short of compliance.

The latest expansion reflects sustained engagement with industry stakeholders, detailed technical evaluations, and coordinated institutional efforts. As sectoral coverage widens and the compliance framework continues to mature, the Indian Carbon Market is expected to play a pivotal role in balancing industrial growth with India’s long-term climate commitments and its journey toward a net-zero emissions pathway.

The Government of India has expanded the scope of its climate compliance framework by notifying Greenhouse Gas Emission Intensity (GEI) targets for 208 additional carbon-intensive industrial entities under the Carbon Credit Trading Scheme (CCTS). The notification, issued on January 13, 2026, brings Petroleum Refineries, Petrochemicals, Textiles and Secondary Aluminium sectors under the compliance mechanism of the Indian Carbon Market (ICM).With this latest inclusion, the total number of obligated entities covered under the ICM’s compliance mechanism has increased to 490, significantly broadening its reach across India’s most emission-intensive industries. Earlier, in October 2025, the government had notified GEI targets for 282 obligated entities from the Aluminium, Cement, Chlor-Alkali, and Pulp & Paper sectors.The CCTS, notified by the Government of India in 2023, provides the overarching framework for the operationalisation of the Indian Carbon Market. Its primary objective is to reduce or avoid greenhouse gas emissions across key sectors of the Indian economy by assigning a price to emissions through a carbon credit certificate trading system.The scheme functions through two mechanisms — the Compliance Mechanism and the Offset Mechanism. Under the Compliance Mechanism, designated emission-intensive industries, referred to as Obligated Entities, are required to meet prescribed GEI reduction targets. Entities that achieve reductions beyond their assigned targets are eligible to earn Carbon Credit Certificates, which can be traded with other obligated entities that fall short of compliance.The latest expansion reflects sustained engagement with industry stakeholders, detailed technical evaluations, and coordinated institutional efforts. As sectoral coverage widens and the compliance framework continues to mature, the Indian Carbon Market is expected to play a pivotal role in balancing industrial growth with India’s long-term climate commitments and its journey toward a net-zero emissions pathway.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Infrastructure Urban

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Infrastructure Energy

06 Apr 2026

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..