1. Home
  2. Featured
  3. REC trade result – August 2019
REC trade result – August 2019

REC trade result – August 2019

0
0

The August trade session saw a reduction in demand for both non-solar & solar.  In the case of supply, the availability of solar & non-solar both reduced from last trade session. Prices increased for both solar & non-solar RECs on IEX.

Non-Solar: non-solar RECs traded at the price of INR 1500 at PXIL (50% above the floor price) and INR 1750 at IEX (75% above the floor price). A total of 361,666 RECs were traded in this session. The total RECs also include vintage RECs (130) at INR 1500

 Solar: The total number of solar RECs traded in this session was 68,847.  RECs traded at Rs 2,000 at PXIL (100% above the floor price) and at Rs 2100 at IEX (110% above the floor price).

 The overall trade volume (430,513 RECs) decreased by almost 37% from the last months’ trade volume (692,628 RECs).

Source: reconnectenergy
tags:
Anand Gupta Editor - EQ Int'l Media Network

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *