RECs trading in February saw significantly high volume, driven by two factors – a) very high issuance of RECs (available RECs were 8.2 million this month compared to 2 million last month) and b) high demand as we approach the end of the financial year. Solar RECs continued to trade at forbearance price of INR […]
REC Trade Result – January 2020
The January trade continued the trend at high MCP of Rs 2,400 for solar RECs on both the exchanges while it also crossed the INR 2,000 trend for Non-solar on both IEX & PXIL almost after eight years. With the Financial Year 2019-2020 coming to an end, the demand for solar and Non-solar increased on […]
REC Trade Result – December 2019
The December trade continued the trend at high MCP of Rs 2,400 for solar RECs on both the exchanges. The demand for solar increased on both IEX & PXIL. In the case of Non-solar, the demand increased on IEX but decreased on PXIL. Non-Solar: non-solar RECs traded at the price of INR 2000 at […]