REC Trade Results – January 2015
We are pleased to share the Result of REC trading for the month of JAN-15. Solar RECs - Overall market clearance remained low at PXIL in Solar whereas IEX reflected a good clearance ratio in Solar Market. Steep hike in demand
REC Trading October 2014 Results
REC trading session of Oct -14 was conducted on 29th Oct 2014. Below is a summary of the result:- The Total closing balance for the October Trading session was around 11 Million RECs. The RECs inventory is piling up and
REC Trading Report August-2014
REC trading session of August-14 was conducted on 27th August 2014. Below is a summary of the result:- Demand continues to be lack-lusture. Overall demand was 50681 for non-solar RECs, and 1163 solar RECs. Overall market clearing ratio for Non-solar RECs
REC Trading Report July-2014
REC trading session of July-14 was conducted on 30th July 2014. Below is a summary of the result:- The total transaction value of non-Solar RECs reached 47.7 INR million and for Solar RECs was 61.5 INR million. The closing balance of
Buying power from Exchanges economically viable for Captive Plants
According to an article in Business Standard, captive power plants have resorted to buying power from power exchanges than generating by themselves. This behavioural change of power procurement has been attributed to two main reasons : 1. Unavailability of domestic coal. 2.
REC Trading Report – April 2013
Non Solar RECs As April is the first month of the compliance year FY 13-14 a low demand situation was expected in this month’s trading session. Out of 18.9 lakh RECs which were put for sale only 44,459 RECs were purchased
REC Trading Report – February 2013
Non-solar RECs Demand decreased to 153,000 RECs (down 21% from Jan 2013) this trading session. The compliance period for this financial year will end in March 2013, leaving only one more trading session to go. Given that, the overall demand remains
REC Trading Report – December 2012
Non-solar RECs Volume increased significantly from the lows of November. Total traded volume was 273,644 in December (up from 132,352 in November; 108% increase). Supply continued to increase. Total sell bids exceeded 14.5 lakh RECs (up 18% from last month). The demand-supply
REC trading report- November 2012
Non-solar RECs Volumes reduced sharply and prices remained at floor price for the third month.(Rs.1500/REC at IEX and PXIL; from September). Only 1.32 lakh RECs were redeemed this month (down by 41% from last month). The total supply was more than
REC Trading Report – October 2012
Non-solar RECs The prices remained at floor price this month (Rs.1500/REC at IEX and PXIL; this is the same in September) as supply has remained far in excess of demand. The total RECs available this month was 15 lakh out of