Non-Solar REC

REC Trading Report – February 2013

Non-solar RECs Demand decreased to 153,000 RECs (down 21% from Jan 2013) this trading session. The compliance period for this financial year will end in March 2013, leaving only one more trading session to go. Given that, the overall demand remains very disappointing. As we have mentioned earlier, till stronger Read more…

By VP, ago
Regulation

CERC Extends REC Validity to 730 Days

CERC in an order dated 11-Feb-2013, relaxed the provisions of regulation 10(1) of its CERC (Terms & Conditions for issuance of Renewable Energy Certificate for Renewable Energy) Regulation, 2010. Spreading an air of respite for the RE Generators, CERC extended the validity of RECs from 365 days to 730 days Read more…

By VP, ago
REC Mechanism in India

REC Trading Report – December 2012

Non-solar RECs Volume increased significantly from the lows of November. Total traded volume was 273,644 in December (up from 132,352 in November; 108% increase). Supply continued to increase. Total sell bids exceeded 14.5 lakh RECs (up 18% from last month). The demand-supply gap remains a significant worry, despite increase in Read more…

By VP, ago