REC trade result – April 2019
The April trade session saw a significant decrease in traded volume, most likely due to this being the first trading session of FY 2019-20. However, since demand continues to exceed supply, prices remained firm. Non-Solar: This session the RECs were
RE companies move to the high court requesting exemption from GST on RECs
Renewable Power companies have moved to the Delhi High Court requesting an exemption from Goods & Service Tax on the REC certificates. Currently, there is a GST rate of 12% applied to Renewable Energy Certificates. The Delhi Court had issued
REC trade result – March 2019
The March trade session saw an increase in the price trend maintaining the pattern of the previous trade sessions. The demand scenario was on the higher side while the supply remained. The demand-supply scenario has been consistently this way since
REC Trade Result – February 2019
February’s trade session saw an increase in the price trend similar to the previous sessions. The demand for both solar & non-solar remained consistent and the supply also increased. The highlight of this month’s trade was that solar crossed the
REC trade result – January 2019
The price increase trends of the last few months continued in January as well. The demand for both solar & non-solar remained consistent while the supply remained limited. The highlight of this month’s trade was that solar crossed the price
REC trade result – December 2018
The december trading session saw a good price discovery for both solar & non-solar RECs. The market saw a significant price hike in solar as compared to last month. The demand for both solar & non-solar remained consistent while the
REC trade result – November 2018
This month trading session saw a good price discovery for both solar & non-solar RECs. The market saw a significant price hike in solar as compared to last month. The demand for both solar & non-solar remained consistent while the
CERC extends expiry date for RECs due to expire
The CERC had issued an order extending the validity of Renewable Energy Certificates (REC) which were to expire between 15th May 2018 - 30th October 2018, up to 30th October 2018. There has now been an extension in the expiry
REC trade result – October 2018
This month’s trading saw good participation from the market due to good price realization in non-solar RECs and increased demand for solar REC in the last few months. Non-Solar: The shortage of Non-solar RECs continues in the current session of
REC Trade Result – September 2018
Non-Solar: The shortage of Non-solar RECs continues in the current session of September 2018. This session the RECs were traded at the price of INR 1300 at PXIL (30% above the floor price) and INR 1100 at IEX (10% above