International Carbon Exchange enters into Issuer Agreement with I-TRACK Foundation and Evident | Capital Market News

To act as a local issuer of I-REC in Indian market

The International Carbon Exchange (ICX), a wholly-owned subsidiary of Indian Energy Exchange, has entered into an Issuer Agreement with the International Tracking Standard Foundation (I-TRACK Foundation), having its office at De Mortel 2D, 5211HV -Hertogenbosch, The Netherlands, and Evident EV (Evident), having its office at 400
Springvale Road, Sheffield SP10 1LP, United Kingdom.

This agreement authorizes ICX to act as a Local Issuer of International Renewable Energy Certificates (I-REC) in the Indian market. As part of this role, ICX will be responsible for registering Production Facilities and issuing I-RECs on the Registry managed by Evident for India.

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