Blog

REC trade result – April 2019

The April trade session saw a significant decrease in traded volume, most likely due to this being the first trading session of FY 2019-20. However, since demand continues to exceed supply, prices remained firm. Non-Solar: This session the RECs were traded at the price of INR 1500 at PXIL (50% Read more…

By Team REConnect, ago
Blog

REC trade result – March 2019

The March trade session saw an increase in the price trend maintaining the pattern of the previous trade sessions. The demand scenario was on the higher side while the supply remained. The demand-supply scenario has been consistently this way since the past few months. March being the financial year-end, the Read more…

By Team REConnect, ago
Blog

REC Trade Result – February 2019

February’s trade session saw an increase in the price trend similar to the previous sessions.  The demand for both solar & non-solar remained consistent and the supply also increased. The highlight of this month’s trade was that solar crossed the price of INR 1,750 in the last session and reached Read more…

By Team REConnect, ago
Blog

DERC announces (Renewable Purchase Obligation and Renewable Energy Certificate Framework Implementation) Regulations 2018 along with draft order for Renewable Purchase Obligation (RPO)

The Delhi Electricity Regulatory Commission recently issued a Renewable Purchase Obligation and Renewable Energy Certificate framework Implementation, regulations 2018 along with a draft order prescribing Renewable Purchase Obligation (RPO). The draft order will be applicable to any captive user, open access consumers and discoms in the state. The RE projects Read more…

By Team REConnect, ago
Blog

REC trade result – December 2018

The december trading session saw a good price discovery for both solar & non-solar RECs. The market saw a significant price hike in solar as compared to last month. The demand for both solar & non-solar remained consistent while the supply remained limited. As we approach the year-end, the obligated Read more…

By Team REConnect, ago
Blog

REC trade result – November 2018

This month trading session saw a good price discovery for both solar & non-solar RECs. The market saw a significant price hike in solar as compared to last month. The demand for both solar & non-solar remained consistent while the supply remained limited. As we approach the year-end, the obligated Read more…

By Team REConnect, ago
Blog

REC trade results – August 2018

Non-Solar: Non-solar RECs prices continue to rise with robust demand but the clearance volume is constrained due to limited supply availability. This session the RECs were traded at the price of INR 1101 at PXIL (10.1% above the floor price) and INR 1200 at IEX (20% above the floor price). Read more…

By Team REConnect, ago