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New Membership

Fees & Deposit Structure

 

 

 

(Rs.In Lacs)

Segment –

Type of Membership

Electricity

(Trader/Facilitator/Proprietary)

REC

(Trader/Facilitator/ Proprietary)

ESCerts

(Trader/Facilitator/ Proprietary)

Eligible for Trading

Electricity + REC + ESCerts

 

REC + ESCerts

ESCerts

Admission Fee

35

 

10

5

Security Deposit

25

 

5

2.5

Processing Fee

0.1

 

0.1

0.1

Annual Subscription Fee

 

5

2

1(Per Pat cycle)

IEX Transaction Fee

(Rs/MWh or REC orESCerts)

20

20

20

Annual Client /Portfolio

Subscription Fee

1

0.20

0.20(Per Pat Cycle)

Minimum Net Worth

150

(Only for Facilitator and Proprietary member)

50

(Only for Facilitator member)

50

(Only for Facilitator member)

Note:
a)All charges unless specified are in Rs. Lacs.
b) Fees mentioned above are exclusive of applicable taxes.
c)ESCerts subscription fees for exclusive Member Client are valid for the respective PAT Cycle and its  associated compliance period.

Terms & Conditions:

  •    In Proprietary Membership category(Electricity/REC), Membercan trade for its own account only and annual client subscription fee will not be charged for first portfolio registered.
  •    Exclusive REC/ESCertsMembership can be upgraded to Electricity/REC Membership by paying the differential amount.
  •    Existing Members and clients active in Electricity or REC segment at the time of registration in ESCerts segment are eligible to trade in ESCert market at no extra cost for complete PAT Cycle.
  •    Admission fees and Annual Subscription fees are non- refundable.
  •    Annual Subscription fees (Member and client) is payable in full amount by the member for twelve months whenever its earlier fees get fully utilized and the fees payable will be valid for succeeding 12 months.
  •    Security Deposit is refundable on surrender of the Membership and only after completion of 3 years as a member.
  •    Membership is transferable only after completion of 3 years.
  •    The main objects of the company, who wish to trade on behalf of clients, should include the business of Power/REC/ESCerts Trading.
  •    Minimum Net Worth criteria is not applicable in case Government Dept or State Electricity Board (SEB’s) apply for IEX membership.

-------------------------------------------- Corporate office---------------------------------------------------

Indian Energy Exchange Limited Plot No. C-001/A/1, 9th Floor, Max Towers, Sector 16B, Noida, Uttar Pradesh-201301

Phone: 0120 – 4648100 | www.iexindia.com| CIN: L74999DL2007PLC277039






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