Last mentioned: Mar 26, 2026
Net Zero Goal
India's long-term target for achieving national carbon neutrality.
Target Deadline
Deadline for achieving the 60% clean power and 47% intensity reduction goals.
Target Year
Deadline for achieving the newly established NDC milestones.
National Deployment
Target window for the first national carbon registry implementation under Article 6.4.
Due Diligence Phase
TSPG to conduct technical and financial audit of XGC Software's registry platform.
LOI Signed
TSPG announces intent to acquire XGC Corp to enter the carbon registry market.
Cabinet Approval
The Indian Cabinet formally approves the 2035 NDC targets.
2035 NDC Approved
Cabinet approves the new 60% non-fossil capacity and 47% intensity reduction goals.
Definitive Agreement
Expected finalization of the acquisition terms and regulatory filings.
CoP30 Belem
Environment Minister Bhupendra Yadav signals upcoming NDC updates.
COP30 in Brazil
Environment Minister Bhupendra Yadav signals that updated NDCs are forthcoming.
Previous NDC
India officially conveyed its 2030 targets to the United Nations.
Previous NDC Update
India committed to 50% non-fossil capacity and 44% intensity reduction by 2030.
Baseline Year
The reference year for emissions intensity and carbon sink measurements.
Baseline Year
The reference year for emissions intensity and carbon sink measurements.
India has officially updated its Nationally Determined Contributions (NDC), pledging to reach 60% non-fossil fuel power capacity and a 47% reduction in emissions intensity by 2035. The move aligns the world's third-largest emitter with Paris Agreement timelines after it surpassed its previous 2030 renewable energy targets ahead of schedule.
India has officially updated its Nationally Determined Contributions (NDC) under the Paris Agreement, committing to 60% non-fossil fuel power capacity and a 47% reduction in emissions intensity by 2035. The move signals a significant regulatory shift for the energy and industrial sectors as the world's third-largest emitter aligns with global 2035 climate benchmarks.
TGI Solar Power Group (TSPG) has signed a Letter of Intent to acquire XGC Corp, a specialist in carbon registry software. The acquisition aims to deploy national carbon registries compliant with Article 6.4 of the Paris Agreement, providing critical infrastructure for global carbon trading.