Markets

Low demand once again at REC trading session on energy exchange

Our Bureau New Delhi | Updated on March 12, 2018 Published on August 29, 2013

The fifth Renewable Energy Certificate (REC) trading session of the current financial year witnessed supply far exceeding demand again.

Trading on the Indian Energy Exchange (IEX) on Wednesday featured 31,101 non-solar trades and 1,754 solar RECs.

For the non-solar RECs, buy bids of 31,101 and sell bids of 18,72,449 were received. Of this, 31,101 were cleared at Rs 1,500 per REC, IEX said in a statement.

For solar RECs, buy bids of 1,754 and sell bids of 23,338 were received, against which 1,754 were cleared at Rs 9,300 per REC.

This trading session featured 736 market participants, of which 601 participated in the non-solar segment while 135 participated in the solar segment.

Overall there are 1,927 participants registered in the REC segment at IEX. Of these, 486 are eligible entities (renewable energy generators), 1,428 obligated entities (discoms, open access consumers and captive generators) and 13 are registered as voluntary entities.

>[email protected]

Published on August 29, 2013
null
This article is closed for comments.
Please Email the Editor