Analysis of RECs trading – Jan 27, 2022 session

RECs trading took place today on both the exchange platforms (ie. IEX & PXIL). 

The January trade session again saw significant volume, with RECs worth Rs 182 crores being transacted. 

Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC at IEX (floor price) INR and 1000/REC at PXIL (floor price). A total of  12,32,865 RECs were traded in this session. No Vintage RECs were traded. 

Solar: The total number of solar RECs traded in this session was 2,54,018 at INR 2,300/REC at IEX and  INR 2,400 at PXIL.