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REC trade result – May 2019

The May trade session saw an increase in traded volume compared to the last trading session. However, since demand continues to exceed supply, prices remained firm in case of solar, whereas the non-solar prices saw a dip. Non-Solar: This session the RECs were traded at the price of INR 1450 Read more…

By Team REConnect, ago
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 – 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
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RERC announces draft REC regulations (third amendment) 2019

RERC announces draft REC regulations (third amendment) 2019 Rajasthan Electricity Regulatory Commission recently announced the draft Renewable Energy Certificate (REC) & Renewable Purchase Obligation (RPO) regulations 2019 (third amendment). The amendments are stated as below: Original regulation Amendments 10. Pricing and purchase under REC mechanism (2) The effective electricity component Read more…

By Team REConnect, ago
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REC trade result – January 2019

The price increase trends of the last few months continued in January as well.  The demand for both solar & non-solar remained consistent while the supply remained limited. The highlight of this month’s trade was that solar crossed the price of INR 1,500 in the last session and reached at 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 results July 2018

Non-solar: Non-solar RECs prices continue to rise on the back of robust demand and limited availability. The RECs were traded at the price of INR 1050 at PXIL ( 5% above the floor price) and INR 1200 at IEX (20% above the floor price). The non-solar REC inventory was completely Read more…

By Team REConnect, ago