REC TRADE RESULT JULY 2017
Supreme Court allowed conditional trading of Non-solar RECs on July 14, 2017 (our blog on the same can be accessed here). Demand was expected to be low for two reasons - 1) obligated entities are required to pay at old
REC TRADE RESULTS APRIL 2017
Being the first trade session of the financial year 2017-18, the April trade session was a robust one. Total Non-solar demand was 5.37 lakhs (vs 8.8 L demand in March), and clearing ratios on IEX and PXIL were 4.56% and
REC TRADE RESULTS MARCH 2017:
March trading results were far better than anticipated considering the recent CERC order on revised floor and forbearance prices. The March trade session remained a robust one. Total Non-solar demand was 8.88 lakhs (vs 10.4 L demand in February), and
CERC DECLARES NEW REC FLOOR AND FORBEARANCE PRICE
CERC came up with draft regulations in which they have reduced the prices of their Renewable Energy Certificates to a historic low. The new floor and forbearance prices from the same have been covered in our previous blog which also
CERC DECLARES NEW REC FLOOR AND FORBEARANCE PRICE
Honorable Central Electricity Regulatory Commission has determined floor and forbearance prices for REC (solar and non-solar) which will be valid from April 1, 2017 onwards. The prices have reduced significantly and the solar prices are set to reduce from Rs
REC Trade Results February 2017
The Feb trade session remained a robust one, following the record setting session in January. Total Non-solar demand was 10.4 lakhs (vs 15.2 L demand in January), and clearing ratios on IEX and PXIL were 8.7 and 6.2% respectively. On
REC Trade Results January 2017
This month’s trading saw a remarkable turnaround with respect to the overall Non solar REC clearance. The clearance ration stood at a shooting high of 10.8% for non solar. The demand for solar REC saw marginal improvement in respect to
REC Trade result December 2016
This month trading saw good results with respect to the Non solar REC clearance overall. The demand for solar REC saw marginal improvement in respect to the last month. The total transaction value stood at 74.4 Crores in comparison to
REC Market demand & supply forecast for FY 16-17
Every year, around the mid-year mark we forecast the demand and supply in the RECs markets for the remain-der of the financial year. The second half of the FY is the busy period for the RECs markets as most transactions
REC Trade Result November 2016
This month trading saw stagnant results in respect to the demand for Non-Solar REC’s. The demand for solar REC saw marginal improvement in respect to the last month. The total transaction value stood at 53.6 Crores in comparison to 50.6