New Delhi (12.05.2026): REC Power Development &
Consultancy (RECPDCL), a subsidiary of Maharatna Company REC Limited, has
invited expressions of interest (EoI) to empanel agencies to support
verification and validation work under the Indian Carbon Market. The last date
to submit the bids is May 22, 2026. The tender seeks to create a panel of agencies capable of
providing qualified personnel for carbon market assignments. RECPDCL plans to
expand its services into carbon markets as an Accredited Carbon Verification
Agency. The agencies will support RECPDCL by deploying verifiers, sector
experts, and technical experts. For compliance mechanism assignments, the agencies will
deploy qualified personnel to verify greenhouse gas emissions, greenhouse gas
emission intensity, monitoring plans, greenhouse gas inventories, reported
data, emission factors, calculation methodologies, and conformity with
applicable procedures under the Carbon Credit Trading Scheme. For offset mechanism assignments, the agencies will deploy
qualified personnel to validate or verify project activities. The work may
include reviewing project design, baseline scenarios, technology used,
greenhouse gas quantification methodologies, monitoring reports, emission
factors, technical parameters, approved methodologies, and relevant standards. The EoI covers both compliance and offset mechanisms under
the Indian Carbon Market. The compliance mechanism covers verification of greenhouse
gas emissions and greenhouse gas emission intensity of obligated entities.
Eligible sectors under this mechanism are aluminium, cement, chlor-alkali,
fertilizer, iron and steel, petrochemical, petroleum refinery, pulp and paper,
and textile. The offset mechanism covers validation and verification of
project activities by non-obligated entities for registration and carbon credit
issuance. Eligible sectors under this mechanism are energy, industries,
agriculture, waste handling and disposal, forestry, transport, construction,
fugitive emissions, solvent use, and carbon capture utilization, storage, and
other removals. In September last year, the Ministry of Environment, Forest,
and Climate Change constituted the National Designated Authority to implement
Article 6 of the Paris Agreement and establish mechanisms for carbon markets.
The Central Electricity Regulatory Commission (CERC) recently proposed a
framework for the purchase and sale of carbon credit certificates under the
Carbon Credit Trading Scheme, 2023.
RECPDCL enters Carbon Credit Market
By IndianMandarins - 2026-05-12 07:55:00
New Delhi (12.05.2026): REC Power Development & Consultancy (RECPDCL), a subsidiary of Maharatna Company REC Limited, has invited expressions of interest (EoI) to empanel agencies to support verification and validation work under the Indian Carbon Market. The last date to submit the bids is May 22, 2026.
The tender seeks to create a panel of agencies capable of providing qualified personnel for carbon market assignments. RECPDCL plans to expand its services into carbon markets as an Accredited Carbon Verification Agency. The agencies will support RECPDCL by deploying verifiers, sector experts, and technical experts.
For compliance mechanism assignments, the agencies will deploy qualified personnel to verify greenhouse gas emissions, greenhouse gas emission intensity, monitoring plans, greenhouse gas inventories, reported data, emission factors, calculation methodologies, and conformity with applicable procedures under the Carbon Credit Trading Scheme.
For offset mechanism assignments, the agencies will deploy qualified personnel to validate or verify project activities. The work may include reviewing project design, baseline scenarios, technology used, greenhouse gas quantification methodologies, monitoring reports, emission factors, technical parameters, approved methodologies, and relevant standards.
The EoI covers both compliance and offset mechanisms under the Indian Carbon Market.
The compliance mechanism covers verification of greenhouse gas emissions and greenhouse gas emission intensity of obligated entities. Eligible sectors under this mechanism are aluminium, cement, chlor-alkali, fertilizer, iron and steel, petrochemical, petroleum refinery, pulp and paper, and textile.
The offset mechanism covers validation and verification of project activities by non-obligated entities for registration and carbon credit issuance. Eligible sectors under this mechanism are energy, industries, agriculture, waste handling and disposal, forestry, transport, construction, fugitive emissions, solvent use, and carbon capture utilization, storage, and other removals.
In September last year, the Ministry of Environment, Forest, and Climate Change constituted the National Designated Authority to implement Article 6 of the Paris Agreement and establish mechanisms for carbon markets. The Central Electricity Regulatory Commission (CERC) recently proposed a framework for the purchase and sale of carbon credit certificates under the Carbon Credit Trading Scheme, 2023.
