Browsing All posts tagged under »REC Trading«

REC Trading – Financial Year Ends on a Quiet Note

March 30, 2012 by

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The last REC trading session for FY11-12 ended on a rather subtle note. The buy bids at the IEX saw a drop of 24% from the last trading session and there was no noticeable rise in sell bids and final volume traded. At PXIL, buy bids went up by 80% while the sell bids and […]

REC Trade in January – Prices cross Rs. 3000 mark in New Year

January 26, 2012 by

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Demand outstrips supply – REC prices touch highest this FY Trade Value crosses Rs. 50 crores mark in January The tenth REC trading session of this FY and the first in the New Year on Wednesday 25th January saw REC prices continue to rise. REC price reached Rs. 3051 at both exchanges – the highest […]

REC trading – October update

October 29, 2011 by

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December Updates REC Newsletter -V1 Issue 5 December Significant upswing in prices as well as volumes Post Diwali REC Trade on Thursday 27th October 2011 sprang a surprise at both exchanges with prices reaching all time highs yet again. At IEX where major part of the trading took place, rise in price to Rs. 2700 […]

PPA under REC Mechanism – unit prices

March 16, 2011 by

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Essential concept of the REC mechanism is the split of the electricity revenue for a renewable energy producer into a “pure” electricity component and the environmental commodity, the REC. The RE producer will therefore have to sign a Power Purchase Agreement (PPA) with the distribution or transmission utility at the “average pooled purchase cost” (APPC) […]