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 Trading Report – June 2014
REC trade session for June 2014 was conducted on 25th June 2014. The following is a summary of results - The total transactional value of non-solar RECs was INR 208.8 million and for solar RECs it was INR 15.4 million. The
REC Trading Report – May 2014
Demand and clearing ratios touched one of the lowest points in three years. Non-solar RECs: Demand in May was 29,255, compared to 79,354 in April (down 63% over April) and down 45% from May of last year. The last time demand was
REC Trade Report – April 2014
We are pleased to bring the REC trade results and our analysis on REC trade session conducted on 30th April 2014. Following is a brief of the analysis: April 2014 was the first month of compliance year FY 2014-15. As expected, the
REC Trade Report – March 2014
We are pleased to bring the REC trade results and our analysis on REC trade session conducted on 26th March 2014. Following is a brief of the analysis: With this trade session, a 12-month long financial year FY 2013-14 comes to
REC Trade Report – February 2014
We are pleased to bring the REC trade results and our analysis on REC trade session conducted on 26th February 2014. Following is a brief of the analysis: February 2014 was the second last trade session of Q4 for FY14. Clearing Ratios
REC Trade Report – January 2014
January 2014 marks first month of Q4 for FY14. Overall the clearing volumes for both type of RECs were marginally less than previous month. As per REC Registry, the market redeemed a total of 3.65 lakh RECs. Non-Solar RECs : Buy bids for
REC Trade Report – December 2013
December 2013 marks the end of Q3 for FY14. Overall the results have sustained optimism as compared to the preceding trading month. With last three months still remaining in this year and chances of higher buyer-side participation in the subsequent
REC Trade Report – November 2013
Non-solar RECs: November 2013 REC trading witnessed an increase in volumes. The spike in demand is a sign that RPO enforcement is taking its gradual effect and some states are ensuring buyers participation, thereby keeping the market upbeat. For non-solar RECs, the
REC Trading Report – October 2013
Non-Solar RECs Overall, Non-solar demand increased more than three-fold compared to last month (150,640 vs 49,831 in September 2013). As a result, clearing ratios on both exchanges improved. The uptick in demand is likely a factor of timing (most compliance takes places in