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
REC Trading Report – September 2013
Renewable energy credit trading in September’13 seemed to keep the investors in the mechanism, interested. Demand of both type of RECs i.e. solar as well as non-solar, was observed to be better than last month. Total RECs available in the
Center takes a stricter route on RPO compliance
As per an article in Economic Times, the center has asked the appellate tribunal to allow MNRE to be a party in a petition jointly filed by wind associations IWEA and IWTMA. This petition filed by the wind associations in January
REC Trading Report – August 2013
Market continued to perform poorly as prices remained at floor for both non solar and solar RECs. There were major pronouncements this month on the RPO front which includes one of the most industrialized like Maharashtra, coming with a stern compliance
REC Trading Report – July 2013
REC Trading on 31st July 2013 continued to follow the lackluster market scenario. Both non-solar credits (for 11th consecutive month) and solar credits (for 2nd consecutive time) traded at respective floor prices. As per the REC Registry, out of total
CERC’s 2nd amendment to REC Regulations
Hon’ble CERC through a notification dated 10th July 2013 has come up with its 2nd amendment to its principal REC regulations of 2010. The following are the main highlights: On the issue of RE contracted though competitive bidding, the commission has
REC Trading Report – June 2013
“Precarious” is the word which best defines the REC trading sessions in India hitherto. June 2013 trading session continued its genealogy. Weak enforcement of RPO and falling demand for solar RECs has resulted in trading of both credits i.e Non