Trader Member is an entity holding a valid and subsisting Interstate Trading License
from the Central Electricity Regulatory Commission (CERC). Trader Member shall trade and clear for its own account or
on behalf of its clients.
Such member shall be entitled to transact the electricity, right to which has been
obtained through an agreement from a grid-connected entity. In such cases, the electricity
trader will be treated as the client and the delivery shall be undertaken by the
party on the other side of agreement i.e. grid connected entity.
A trader member shall also be entitled to undertake transactions on the Renewable
Energy Certificates (REC).
The minimum networth requirement for the purpose of membership is 150 Lakhs.