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) INR 1000/REC at PXIL (floor price). A total of  17,16,925 RECs were traded in this session. No Vintage RECs were traded. 

Solar: The total number of solar RECs traded in this session was 3,33,887 at INR 2,211/REC at IEX and  INR 2,100 at PXIL.