India's Carbon Market Reaches Milestone with BEE's Approved Sectors Under CCTS: EKI

EKI Energy Services Limited (EKI) announces a significant update in India's carbon market with the Bureau of Energy Efficiency (BEE) releasing a list of approved offset sectors under the Carbon Capture and Trading System (CCTS). The approved sectors, including energy, manufacturing, agriculture, waste management, and transport, mark a crucial step toward strengthening the nation’s climate action efforts. EKI is optimistic that this development will accelerate emission reductions and drive the growth of a robust carbon market in India. The list of approved sectors in Offset Mechanism under CCTS includes energy, manufacturing, agriculture, waste management, and transport sectors. To unlock the full potential of the Indian offset market, it is essential for the government to introduce forward-looking modalities, such as allowing a substantial percentage of CCTS-registered credits for regulatory compliance, which would increase demand and enhance the effectiveness of the program. EKI Energy Services Ltd, a leading Carbon Credit Developer & Supplier across the globe, has been working towards rehabilitating the planet to a future of net-zero carbon emissions.