India’s Bureau of Energy Efficiency (BEE) and the Global Green Growth Institute (GGGI), working with the CII Godrej Green Business Centre, held a stakeholder workshop in New Delhi on June 19, 2026 to launch the second phase of a joint study on electrifying industrial energy use, according to GGGI. Held at Bharat Mandapam and backed by GGGI’s Sustainability, Equity and Diversity Fund, the session drew 24 participants from industry, financiers, technology providers, multilateral bodies and trade associations, and formally released the project’s factsheet and website alongside validated findings from Phase I of the Electrification Roadmap Study.
BEE Director Arijit Sengupta framed industrial electrification as both an economic and climate priority, pointing to the newly launched Heat Pump Alliance as a step toward building out India’s electrification ecosystem. GGGI’s India representative Soumya Garnaik said the workshop’s input would help shape how Phase II is implemented, which will assess how electrification interacts with two policy tools: India’s Carbon Credit Trading Scheme (CCTS) and its Renewable Consumption Obligations (RCO).
Two panel discussions structured the day. One examined the technical readiness of electrification options — flagging the need for reliable, affordable power, technology demonstrations and stronger standards, particularly for smaller manufacturers (MSMEs). The other looked at aligning electrification strategy with the CCTS and RCO frameworks, along with financing tools, to build investor confidence in low-carbon industrial transitions.
Carbon Market Context
- India’s Carbon Credit Trading Scheme, discussed at this workshop as a lever for industrial electrification, is the country’s domestic compliance mechanism for emissions-intensive sectors, part of a broader build-out of market-based tools across Asian jurisdictions to price and incentivize industrial decarbonization.
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