Blog

REC trade result – August 2019

The August trade session saw a reduction in demand for both non-solar & solar.  In the case of supply, the availability of solar & non-solar both reduced from last trade session. Prices increased for both solar & non-solar RECs on IEX.  Non-Solar: non-solar RECs traded at the price of INR Read more…

By Team REConnect, ago
Blog

REC trade result – October 2018

This month’s trading saw good participation from the market due to good price realization in non-solar RECs and increased demand for solar REC in the last few months. Non-Solar: The shortage of Non-solar RECs continues in the current session of October 2018. This session the RECs were traded at the 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
Floor and Forbearance Price of REC

VALIDITY OF RECS WHICH WERE ABOUT TO GET EXPIRED BETWEEN OCTOBER ’17 AND MARCH ’18 GETS EXTENDED BY SIX MONTHS

The Central Electricity Regulatory Commission (CERC) has in its order dated 29/08/2017, declared that those Renewable Energy Certificates (RECs) which were expiring between 1st October 2017 and 31st March 2018 are now going to remain valid till 31st March 2018. In its order dated 30th March 2017, the commission had Read more…

By Team REConnect, ago