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
REC trade result – January 2019
The price increase trends of the last few months continued in January as well. The demand for both solar & non-solar remained consistent while the supply remained limited. The highlight of this month’s trade was that solar crossed the price
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 – October 2018
This month’s trading saw good participation from the market due to good price realization in non-solar RECs and increased demand for solar REC in the last few months. Non-Solar: The shortage of Non-solar RECs continues in the current session of
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 – August 2018
Non-Solar: Non-solar RECs prices continue to rise with robust demand but the clearance volume is constrained due to limited supply availability. This session the RECs were traded at the price of INR 1101 at PXIL (10.1% above the floor price)
REC trade results July 2018
Non-solar: Non-solar RECs prices continue to rise on the back of robust demand and limited availability. The RECs were traded at the price of INR 1050 at PXIL ( 5% above the floor price) and INR 1200 at IEX (20%
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