GENERAL16 Sept 2026
Delhi govt invites bids to monetise carbon credits from green projects
Delhi has invited bids to empanel three agencies that will generate and sell carbon credits from its green projects, such as electric buses, tree planting and waste management. Revenue goes into the state's Consolidated Fund. This matters because city-level carbon trading is still not fully running in India. Watch this space, and consider whether your own green projects could qualify.
Key Statutory Highlights
- Delhi's Department of Environment issued an e-Request for Proposal (e-RFP) on September 15 to empanel three consultancies or agencies for carbon credit work.
- The agencies will assess carbon reduction potential, register eligible projects with recognised carbon standards, and handle validation, verification, issuance and trading of credits.
- Revenue from the carbon credits will go into the Consolidated Fund of the state or a designated GNCTD account, and the agencies are empanelled for three years initially.
Actionable Advice for Taxpayers / Founders:If your business runs green projects, keep an eye on this empanelment and Delhi's carbon credit framework as it develops. Speak to a CA before assuming your project will earn tradeable credits, since city-level carbon accounting is not yet fully operational.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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