Notification of additional obligated entities under GEI targets
The Ministry of Power has expanded the list of sectors subject to greenhouse gas emission intensity (GEI) targets. This move brings more industrial participants into the compliance framework, signaling a broadening of the market's reach ahead of full CCTS implementation.
Why it matters
Broadens the scope of the mandatory carbon market, impacting more medium-to-large scale industrial players who were previously outside the target net.