Please help to clarify on the exact process of issuance, trading, transfer, and retirement of RECs under CREAM.

REC is owned by the LEGA by default, unless explicitly transferred through the Bilateral Energy Supply Contract. For matters concerning REC issuance, tracking, or redemption, it is advisable to consult the relevant official authorities or recognized REC registries.

What is the type of licenses required (e.g. generation license, supply license)? What are the circumstances under which energy is considered "free to grid"? Are there procedure for selling excess via NEDA, detailed registration and notification requirements? Please help to provide guidance on approved REC registries, platforms, or any local tracking systems recognized by ST. Is there any guideline for license application?