Analysis of REC Trading – March 30, 2022 session

RECs trading took place today on both the power exchanges.

During the March trade session, RECs worth Rs 97 crores were transacted. 

Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC (floor price) at both the exchanges. A total of  342,067 RECs were traded in this session. No Vintage RECs were traded. 

Solar: The total number of solar RECs traded in this session was 278,343 at INR 2,250/REC at IEX and  INR 2205/REC at PXIL.