ISO 9001:2008, ISO 27001:2013, ISO 14001:2004
Postal Ballot Result: Buyback 2019
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New Membership

Fees & Deposit Structure

DAM Prices 24 Feb 2019 (Rs./kWh)

  • Average MCP 0.51

    3.03

  • Peak MCP0.6

    3.34

  • Non Peak MCP0.47

    2.93

  • Max MCP1.28

    4.14

  • Min MCP0.65

    1.80
(Rs. In Lacs)
  Electricity + REC REC
Particulars Trader Member Professional Member Proprietary Member(Full Payment Option-FPO) Proprietary Member (Light Payment Option-LPO) Professional & Trader Member Proprietary Member (Full Payment Option-FPO) Proprietary Member (Light Payment Option-LPO)
Admission Fee 35 35 35 10 10 10 5
Interest Free Security Deposit 25 25 25 10 5 5 2.50
Processing Fee 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Annual Subscription Fees 5 5 5 2.50 2 2 1
IEX Transaction Fees(Rs/MWh or REC) 20 20 20 30 20 20 30
Annual Client / Portfolio Subscription Fees 1 1 1 NA 0.20 0.20 NA
Minimum Net Worth 150 150 150 150 50 NA NA

 

Terms & Conditions:

  1. In (Electricity + REC) Proprietary Member (FPO) category, applicant may register by paying Rs. 5,10,000/- at the time of submission of application form. Balance amount shall be payable after receiving confirmation of selection from the Exchange.
  2. In (Electricity + REC) Proprietary Member (LPO) category, applicant may register by paying Rs. 1,10,000/- at the time of submission of application form. Balance amount shall be payable after receiving confirmation of selection from the Exchange.
  3. In Proprietary Membership (LPO), member can trade only for one grid connection and in Proprietary Membership (FPO+LPO), annual client subscription fee will not be charged for first portfolio registered.
  4. Proprietary Member (LPO) is transferable after upgrading to full payment option.
  5. Proprietary Member (FPO) shall pay annual portfolio subscription fee for each portfolio registered.
  6. Admission fees and Annual fees are non refundable.
  7. Service Tax as applicable on all fees.
  8. In Electricity+REC, Annual Client Subscription Fees of Rs. 1 Lac for every additional client/portfolio.
  9. In REC, Annual Client Subscription Fees of Rs. 20,000/- for every additional client/portfolio. This is valid for Eligible Entities only till further notice. Please refer circular No. 129 dated 31st March 13 for more clarification
  10. Annual Subscription and Client Subscription Fee is payable in full amount by the member for twelve months whenever its earlier fees gets fully utilized and the fees payable will be valid for succeeding 12months.
  11. Interest Free Security Deposit is refundable after 3 (three) years on surrender of the membership.
  12. Interest Free Security Deposit is to be given in cash and incremental deposit can be given in the form of 50% cash and 50% B.G./FD.
  13. Membership is transferable only after end of 3 (three) years.
  14. The main objects of the company, who wish to trade on behalf of clients, should include the business of Power/REC Trading.

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