Advertisement
Advertisement
advertisement

IEX Trades 4.19 Lac RECs In Trading Session Held On 26 June’19

The REC trading session held on Wednesday, 26 June’19 featured a total trade of 4,19,781 RECs comprising of 3,27,688 Non-Solar RECs and 92,093 Solar RECs. The trade saw a decline of 24% on MoM basis and a decline of 17% on YoY basis.

NON-SOLAR REC

  • A total of 3,27,688 Non-Solar RECs were traded with sell bid of 3,46,226 and buy bid of 11,81,027. The clearing price discovered was Rs. 1,600 per REC.

SOLAR REC

  • A total of 92,093 Solar RECs were traded with sell bid of 1,20,044 and buy bid of 5,00,995. The clearing price discovered was Rs 2,000 per REC.

Both Non-Solar and Solar REC continued to see low supply situation with buy bids exceeding the sell bids due to very low inventory.

The price for Non Solar RECs (Issued after 1.4.17) at Rs. 1,600 increased 6% from Rs.1,500 in May’19 while the price for Solar RECs at Rs. 2,000 remained the same as in May’19

KEY HIGHLIGHTS OF THE TRADING SESSION

A total of 764 participants participated in the trading session. The distribution companies and captive consumers contributed significant buy volume in this trading session. The key highlights of the trading session are as below:

 

Non-Solar RECs (Issued after 1.4.17)

Solar RECs

Buy Bids

11,81,027

5,00,995

Sell Bids

3,46,226

1,20,044

Cleared Volume

3,27,688

92,093

Price (Rs/REC)

1,600

2,000

Total Participants

764

 PARTICIPATION IN IEX REC MARKET

Overall 3,486 participants are registered in the REC Market segment at IEX out of which 665 are Eligible Entities (RE Generators); 2,799 are Obligated Entities (DISCOMs, Open Access Consumers & Captive Generators) and 22 are registered as Voluntary Entities.

Tags: ,
Advertisement
Advertisement

UPCOMING EVENTS

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter SolarQuarter Power100 Map| Revealing India's 100 Most Powerful Solar Business Leaders 2019 - https://t.co/eYnUVU63OS
About 2 hours ago
SolarQuarter Nominate Today For SolarRoofs Karnataka 2019! And Don't miss a beat. Follow us at: https://t.co/HlAqHsOhHx https://t.co/BGG5b8gU4Q
About 22 hours ago
SolarQuarter India Wind Energy Forum 2019 is almost here! Buy your ticket today https://t.co/2ophHXXrpv See you on Nov 14, 2019!
Sunday, 15 September 2019 05:40