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 International Renewable Energy Certificate are tradable digital certificates that represent transferable proof of generation  of one MWH energy from renewable energy sources.
1 MHW = 1 I-REC

What is IREC

Production device owners or entities acting on their behalf must register as a ‘registrant’ with the Issuer that is  responsible for the issuance of I-REC(E) in the relevant country.
 
A Registrant is the only party that can register a production device with the local Issuer and requests the issuance of I-REC(E).


Who are Registrants

The IREC issuance process is generally a systematized procedure to verify, certify, and document the generation of renewable energy and allocate corresponding IRECs.

Issuance Process

ICX is India’s first accredited Local IREC Issuer. Our commitment to professionalism, integrity, and excellence along with our deep understanding of Indian power sector would ensure the highest standard in verifying and issuing IRECs.

Who we are ?

International Carbon Exchange Private Limited (ICX) is an organization established in the Year 2022 as a 100% subsidiary of Indian Energy Exchange Limited (IEX). The main objectives of ICX includes promotions & Participations  Environmental instruments markets and providing support for development and engagement with Indian and Global standards. With the background and core competency of IEX as India’s premier energy exchange, ICX has been established to focus on Environmental attributes certificates and develop market-based mechanisms to promote environmental support activities.