Analysis of RECs trading – Dec 29, 2021 session
RECs trading took place today on both the exchange platforms(ie. IEX & PXIL). The December trade session saw significant volume, with RECs worth Rs 245 crores being transacted. Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC at IEX (floor price)
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Flexibility in generation and scheduling of thermal/hydro power through bundling with RE and Storage Power – Scheme proposed by MoP
The Ministry of Power (MoP), recently came up with the scheme that allows the flexibility in generation and scheduling of thermal/hydro power stations through bundling with renewable energy and storage power. Earlier on 5th April 2018, MoP had introduced a