REC Trade Result – February 2019
February’s trade session saw an increase in the price trend similar to the previous sessions. The demand for both solar & non-solar remained consistent and the supply also increased. The highlight of this month’s trade was that solar crossed the
RERC publishes (Renewable Energy Obligation) (Fifth Amendment) Regulations, 2019
Rajasthan Electricity Regulatory Commission (RERC) recently announced (Renewable Energy Obligation) (Fifth Amendment) Regulations, 2019, which shall come into effect from 1st April 2019 provided that the revised RPO for FY 2018-19 shall become applicable from 1.04.2018. The original RPO target
REC trade result – December 2018
The december trading session saw a good price discovery for both solar & non-solar RECs. The market saw a significant price hike in solar as compared to last month. The demand for both solar & non-solar remained consistent while the
REC trade result – November 2018
This month trading session saw a good price discovery for both solar & non-solar RECs. The market saw a significant price hike in solar as compared to last month. The demand for both solar & non-solar remained consistent while the
CERC extends expiry date for RECs due to expire
The CERC had issued an order extending the validity of Renewable Energy Certificates (REC) which were to expire between 15th May 2018 - 30th October 2018, up to 30th October 2018. There has now been an extension in the expiry
REC Trade Result – September 2018
Non-Solar: The shortage of Non-solar RECs continues in the current session of September 2018. This session the RECs were traded at the price of INR 1300 at PXIL (30% above the floor price) and INR 1100 at IEX (10% above
REC Trade Results – May 2018
In both Solar and Non-solar RECs, demand was robust, considering that this was only the second trading session of the new financial year. Analysis of Trading: Non-Solar – Non-solar RECs inventory was not completely exhausted in the May 2018 trading session (15,51,691
CERC gives a positive nod to extend the validity on RECs
CERC recently announced in its order dated 15th May 2018 that the RECs will be valid till 30th October 2018, which were otherwise expired/likely to be expired between 1st April 2018 and 15th October 2018. The commission declared this in accordance
REC TRADE RESULTS MARCH 2018
For the first time after 2012, the total demand in REC (Non-Solar Segment) market exceeded the supply available. The trade session in March 2018 also ended the dry run that REC Market has been under since 2012 with 100% clearance
REC TRADE RESULTS FEBRUARY 2018
Non-solar demand was significantly higher than inFebruary 2017, and also last month. In total 23.58 lakh RECs were traded (125.85% higher than February 2017, and 91.61% higher than in January 2018), and clearing ratios on IEX and PXIL were 19.84%