REC Trade in December – Markets stay strong

Posted on January 1, 2012 by

The REC market maintained its strong footing in the ninth REC trading session on Wednesday 28th December. Final price realization of Rs. 2,950 was again the highest till date in the current FY. Major part of the trade continues to be conducted on the IEX, where volumes too rose to a historical high, accompanying the increase in price. Price rose to Rs. 2,950 at PXIL also although with muted trading volumes.

Total trade value at the IEX rose 12% to more than Rs. 31 crores compared to Rs. 28 crores last month. Trade at PXIL fell by a third to just Rs. 1.7 crores in the month. 400 MW of capacity was registered in December – the highest till date in any month. At 424 MW, capacity accredited was also the highest in recent months.

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