PIB News
Secretary of Power Meets with EU Taxation Chief Gerassimos Thomas
Pankaj Agarwal, Secretary of the Ministry of Power, met with Gerassimos Thomas, Director-General for Taxation and Customs Union of the European Commission, in New Delhi on October 12, 2026. The meeting addressed India's carbon market development and the EU's Carbon Border Adjustment Mechanism, with discussions on technical cooperation opportunities. Agarwal highlighted India's advancements in its Carbon Credit Trading Scheme and the significant share of non-fossil sources in electricity generation. Both parties expressed a commitment to enhancing cooperation on carbon pricing mechanisms and related methodologies.
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