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Analysis of RECs trading – May 25, 2022 session

RECs trading took place today on both the power exchanges.

During the May trade session, RECs worth Rs 57 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 252,589 RECs were traded in this session. No Vintage RECs were traded. 

Solar: The total number of solar RECs traded in this session was 142,781 at INR 2,201/REC at IEX and INR 2,300/REC at PXIL.