Power Exchange India Limited
India's first institutionally promoted Power Exchange that provides innovative and credible solutions to transform the Indian Power Markets.
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Power Watch speaks with MD & CEO of PXIL
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PXIL and CCAP host workshops on Indian PAT (ESCert) mechanism
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PXIL attracts the 'First Sell bid of Solar REC'
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Untitled Document
Home » Membership » Physical Market and Renewable Energy Certificates (REC)
Physical Market and Renewable Energy Certificates (REC)
Downloads
1. Client Registration Form for Physical and REC
2. Member Client Agreement
3. Risk Disclosure Document
4.Original Trading & Clearing undertaking on Rs. 200/- Stamp paper
5.Authorisation to Advisory Member from Its Client to Exchange
6.Five point Confirmation (If Pool Account Facility is not Required)
7.Bank Confirmation (If Pool Account Facility is Required)
8. Download all the above forms for clients of TCM & TSCM
9. Download all the above forms for clients of AM
10. Process Manual for Member Login, Physical Client Creation & Limit Setting
11. Process Manual for REC Member Login, REC Client Creation & Limit Setting
Completed documents to be submitted by Member to Exchange for registration of clients
Click Here (Circular 83)
PHYSICAL AND RENEWABLE ENERGY CERTIFICATES CLIENT REGISTRATION FORM
Applying For Physical Segment
Applying For REC
If Applying For Both Segments
Sr. No
Documents
Grid Connected Client
Trader Client
Clients of AM
If Client is Existing in REC at PXIL
New Client
If Client is Existing in Pysical at PXIL
1
Copy of Client Registration form duly attested by Member.
Yes
Yes
Yes
Yes
Yes
Yes
Yes
2
Copy of Power Purchase Agreement (PPA) / Sale Agreement
No
Yes
No
Yes for Trader Client
No
No
Yes for Trader Client
3
Copy of Standing Clearance from SLDC/RLDC.
Yes
Yes
Yes
Yes
No
No
Yes
4
Copy of Accreditation & Registration Certificate only
No
No
No
No
Yes
Yes
Yes for REC Client
5
Original Trading & Clearing undertaking on Rs. 200/- Stamp paper
No
No
Yes
No
Yes
No
Yes
6
Authorisation to Advisory Member from Its Client to Exchange
No
No
Yes
No
Yes
No
Yes
7
Five point Confirmation (If Pool Account Facility is not Required)
No
No
Yes
No
Yes
No
Yes
8
Bank Confirmation (If Pool Account Facility is Required)
No
No
Yes
No
Yes
No
Yes
Once the above Complete documents are submitted by the member to the Exchange, the client would be enabled for trading by the Exchange.
All clients on whose behalf trading would take place are required to obtain the standing clearance from the respective SLDCs in the format given under “Procedure for scheduling of (Open Access) collective transactions” by CTU.
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