Product

Margin

When collected

Buyer

Seller

DAS/DAC

Equivalent to Bid value, other charges and taxes applicable.

T day at the time of Bid

100%

NIL

Equivalent to Bid value, other charges and taxes applicable.

T day post matching.

100%.

NIL

Intra Day

Equivalent to Bid value, other charges and taxes applicable.

T day at the time of Bid

100%

NIL

Equivalent to Bid value, other charges and taxes applicable.

T day post matching.

100%.

NIL

Week Ahead

Bid Security

T day at the time of Bid

Rs 0.10/Kwh

Rs 0.10/Kwh

Margin after matching

T+1 day by   11 AM

Equivalent to  3 days Matched Trade value

Rs 0.10/Kwh

Margin after scheduling

Immediately after scheduling

Adjusted to 3 days    Approved trade value

Rs 0.10/Kwh

Regional Week Ahead

Bid Security

T day at the time of Bid

Rs 0.10/Kwh

Rs 0.10/Kwh

Margin after matching

T+1 day by   11 AM

Equivalent to 3 days Matched value having maximum obligation which is unsettled.

Rs 0.10/Kwh

Margin after scheduling

Immediately after scheduling

Adjusted to 3 days approved trade value having maximum obligation which is unsettled.

Rs 0.10/Kwh

Any Day

Equivalent to Bid value, other charges and taxes applicable.

T day at the time of Bid

100%

NIL

Equivalent to Bid value, other charges and taxes applicable.

T day post matching.

100%.

NIL

REC

Equivalent to Bid value, other charges and taxes applicable.

T day at the time of Bid

100%

NIL

Equivalent to Bid value, other charges and taxes applicable.

T day post matching.

100%.

NIL