Gap, credits and penalty
Under reviewgap t = (actual GEI − target GEI) × output; surrender = max(0, gap); issued = max(0, −gap); uncovered = max(0, surrender − CCCs held); penalty = uncovered × 2 × CCC price
1 CCC = 1 tCO₂e. The penalty only shows when the company enters an assumed CCC price.
target GEINotified intensity target · tCO₂e / unitYour dataactual GEIAchieved intensity · tCO₂e / unitYour dataoutputEquivalent product output · unitsYour dataCCCs heldCarbon credit certificates heldYour dataCCCTonnes per CCC · tCO₂eIndia: 1 tCO₂e per CCC · CCTS 2023 (as amended 2024): 1 CCC = 1 tCO₂epending reviewFactor tablepenaltyPenalty multiple of average CCC price · ×India: 2 × average CCC price · Environmental compensation: twice the average CCC price of the trading cycle (CCTS amendment 2024; CPCB to levy)pending reviewFactor tablebaselineBaseline year (start of the financial year) · yearIndia: 2,023 year · GHG Emission Intensity Target Rules, 2025 (notified 8 Oct 2025)pending reviewFactor tablefirst yearFirst compliance year (start of the financial year) · yearIndia: 2,025 year · GEI Target Rules, 2025 — first two compliance yearspending reviewFactor tablelast yearLast compliance year (start of the financial year) · yearIndia: 2,026 year · GEI Target Rules, 2025 — first two compliance yearspending reviewFactor table