Analysis of RECs trading – June 29, 2022 session
RECs trading took place today on both the power exchanges. During the June trade session, RECs worth Rs 98 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 6,30,822
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
CERC Makes Drastic Changes in the REC Mechanism
In a recent notification, CERC (Central Electricity Regulatory Commission) published new REC regulations. These regulations differ in many significant ways from the existing REC regulations. A brief summary is provided below: It is important to note that these regulations, though final, are
Analysis of RECs trading – April 27, 2022 session
RECs trading took place today on both the power exchanges. During the April trade session, RECs worth Rs 55.40 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 331,284
Analysis of REC Trading – March 30, 2022 session
RECs trading took place today on both the power exchanges. During the March trade session, RECs worth Rs 97 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 342,067
Analysis of RECs trading – Feb 23, 2022 session
RECs trading took place today on both the exchange platforms (ie. IEX & PXIL). During the February trade session, RECs worth Rs 102 crores were transacted. Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC at IEX (floor price) INR and
CERC Proposes Drastic Changes in the REC Mechanism
In a recent announcement, CERC (Central Electricity Regulatory Commission) published the draft Central Electricity Regulatory Commission (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) Regulations, 2022. Comments are due by 15th March 2022. Key Changes provisioned in the
Analysis of RECs trading – Jan 27, 2022 session
RECs trading took place today on both the exchange platforms (ie. IEX & PXIL). The January trade session again saw significant volume, with RECs worth Rs 182 crores being transacted. Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC at IEX
Analysis of RECs trading – Dec 29, 2021 session
RECs trading took place today on both the exchange platforms(ie. IEX & PXIL). The December trade session saw significant volume, with RECs worth Rs 245 crores being transacted. Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC at IEX (floor price)
Analysis of RECs trading – Nov 24, 2021 session
RECs trading resumed yesterday, after an order from ApTel reversed the price reduction by CERC. Trading was put on hold in July 2020. The November trade session saw significant volume, with RECs worth Rs 383 crores being transacted. Non-Solar: Non-Solar RECs traded