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.