India's Carbon Trading Platform Expected by September, Official Says

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India's Carbon Trading Platform to Launch by September, Boosting Renewable Energy

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News18•26-02-2026, 15:30

India's Carbon Trading Platform to Launch by September, Boosting Renewable Energy

•India's carbon trading platform is expected to be operational by September, aiming to drive renewable energy transition.
•The platform is crucial for India's target of 500GW renewable energy by 2030 and to make renewable energy more viable amidst slow PPA signings.
•Central Electricity Authority Chairman Ghanshyam Prasad highlighted the need for market constructs to support larger renewable capacity due to stalled PPAs.
•A new scheme is proposed to incentivize thermal power plants to reduce plant load factor, allowing more renewable energy integration into the grid.
•Minister Shripad Yesso Naik affirmed India's ambitious goal of 500 GW non-fossil fuel capacity by 2030 and Net Zero by 2070, with significant progress already made.

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