In the matter of: Extension of validity of Renewable Energy Certificates (RECs) due to expire between November, 2019 and March, 2020 For more information please see below link:
In the matter of: Petition of CERC (T&C for recognition & issuance of Renewable Energy Certificate for Renewable Energy Generation)
In the matter of: Petition under Section 66 & 79 of the Electricity Act, 2003 read with Regulations 14 & 15 of CERC (Terms and Conditions for recognition & issuance of Renewable Energy Certificate for Renewable Energy Generation) Regulations, 2010 for issuance of directions to the Respondent to effect accreditation and registration of the […]
REC raises $500 million via unsecured notes
The net proceeds from the sale of the notes will be used for lending to the power sector. New Delhi: RECNSE -3.84 % n Friday said it has raised USD 500 million (about Rs 3,550 crore) by issuing unsecured notes, and the proceeds would be used for lending to power sector. “REC Ltd has issued […]
Spot Power Price Falls 20% In November
Average spot power price fell 20 percent to Rs 2.85 per unit in November as compared to the year-ago month, the Indian Energy Exchange said on Thursday. The average spot price or market price of electricity in November 2018 was 3.58 a unit, IEX said in a statement. “The day-ahead market traded 3,389 million units […]
In the Matter of: Determination of the Average Power Purchase Cost of the Respondents for each year
In the Matter of: Petition under Sections 86 (1) (a), (b), (e), (f) read with Sections 61 (h) and 62 (1) (a) of the Electricity Act, 2003 for determination of the Average Power Purchase Cost of the Respondents for each year starting from 2009-10 in order to comply with the provisions of the CERC (Terms […]
REC Trade Result – October 2019
The October trade witnessed a two and a half year high MCP of Rs 2,400 for solar REC’s on both the exchanges while the demand remained stable as compared to the previous trade session. Solar RECs traded very close to the forbearance price of Rs 2,500. Non-Solar: Non-solar RECs traded at the price of INR […]
PXIL successfully completes 102nd session of REC trading
PXIL successfully completes 102nd session of REC trading For more information please see below link:
REC Trade Result – September 2019
The September trade session saw an overall increase in demand for both non-solar & solar. Price increased for solar RECs on IEX & PXIL both resulting in high demand but limited supply for solar RECs. Non-Solar: non-solar RECs traded at the price of INR 1780 at PXIL (78% above the floor price) and INR 1500 at IEX (50% […]
REC trade result – August 2019
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 […]
PXIL successfully conducts 99th session of REC trading
PXIL successfully conducts 99th session of REC trading For more information please see below link: Source: powerexindia
