Blog

REC trade result – July 2019

The July trade session saw a reduction in demand in both solar & non-solar, though it remained well above available supply. Prices increased for both solar & non-solar RECs.  Non-Solar: Non-solar RECs traded at the price of INR 1705 at PXIL (70.5% above the floor price) and INR 1650 at Read more…

By Team REConnect, ago
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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
Blog

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
Blog

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