CERC Approves Alignment of IEX Green Contracts with MoP’s RCO Framework
The Central Electricity Regulatory Commission has approved the Indian Energy Exchange’s proposal to revise its Green Contracts framework in line with the Ministry of Power’s Renewable Consumption Obligation framework and subsequent amendments. The minimum bid volume for all green contracts has been reduced to 100 kW from 220 kW.
May 28, 2026. By Mrinmoy Dey
CERC, in an order, has allowed IEX to replace the earlier “Solar”, “Non-solar” and “Hydro” classifications across its green market segments with the revised categories notified by the Ministry of Power under the RCO framework in September 2025.
The revised framework will apply across multiple green market products, including Green Day Ahead Market (G-DAM), Green Day Ahead Contingency (G-DAC), Green Intra-day Contracts (G-IDC), Green Daily, Weekly and Monthly contracts, as well as Green Any Day(s) Single Sided Contracts (G-ADSS).
CERC observed that the reclassification was necessary to facilitate Renewable Purchase Obligation (RPO) and Renewable Consumption Obligation (RCO) compliance for obligated entities as states increasingly align their regulations with the Centre’s revised renewable energy trajectory.
Under the updated framework, Wind RE obligations will apply to wind projects commissioned after March 31, 2024, while Hydro obligations will cover hydro projects, including pumped storage and small hydro projects, commissioned after the same date. Distributed Renewable Energy obligations will apply to renewable energy projects below 10 MW capacity, including rooftop solar and behind-the-meter installations.
The Commission also directed the National Load Despatch Centre (NLDC) to make corresponding modifications in the NOAR portal and T-GNA procedures to enable the issuance of standing clearances specifying the RE category for market participation.
Additionally, CERC permitted IEX to reduce the minimum volume quotation in Green Intra-Day and Green-DAC contracts from 220 kW to 100 kW to align with Green Open Access Rules and other green market segments.
The Commission further clarified that fungibility among Wind, Hydro and Other RE categories would be governed strictly in accordance with the Ministry of Power’s RCO notification, while Distributed RE obligations would remain non-fungible for shortfalls.
please contact: contact@energetica-india.net.
Stuti Kakkar
Co-Founder & COO
Iron-Air Batteries Can Power India’s Renewable Ambitions: Stuti Kakkar, Meine Electric
Kartikey Hariyani
CEO
India’s EV Future Depends on Highway Charging Corridors: Kartikey Hariyani, ChargeZone
Aniket Sawant
Country Manager
GoodWe India’s Aniket Sawant on Crossing 6 GW Shipments and the Future of Energy Storage
Avinash Hiranandani
Vice Chairman and MD
Encapsulant Selection is a Strategic Reliability Decision: Avinash Hiranandani
Savek Dubey
Assistant Manager – Product Application
From Innovation to Execution, BESS is Now Central to Power Planning: Savek Dubey, Sungrow