REC Power Development and Consultancy (RECPDCL) is set to enter the carbon markets as an accredited carbon verification agency, inviting expressions of interest for empanelment by May 22. This initiative aligns with the establishment of the Indian carbon market framework under the Carbon Credit Trading Scheme, 2023, which is anticipated to become operational in 2026. The Bureau of Energy Efficiency will manage the accreditation process for verification agencies, which will be responsible for validating and verifying compliance and offset mechanisms. The carbon market will focus on sectors such as aluminium, cement, and textiles, ensuring that greenhouse gas emissions and emission intensity are monitored effectively. This move represents a significant expansion for RECPDCL, which previously provided consultancy services for various government schemes.