Tags: Renewable Energy Certificates

Sales of REC dropped by over 47 per cent in June

Sales of renewable energy certificates (REC) dropped by over 47 per cent to 4.3 lakh units in August as compared to 8.19 lakh in the same month a year ago due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the […]

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Renewable energy certificate sales down 61 per cent in July

Sale of renewable energy certificates declined by 61 per cent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the country which are engaged […]

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Green certificate sales down 22% to 6.98 lakh in June

Sales of renewable energy certificates dropped by 22 per cent to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the country which […]

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Sale of REC dropped by about 65 per cent to 3.68 lakh units in April: Report

Sales of renewable energy certificates dropped by about 65 per cent to 3.68 lakh units in April as compared to 10.62 lakh in same month last year due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the country which are […]

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Sale of RECs on IEX, PXIL rose 10.65 per cent to 5.59 lakh in December

Sales of renewable energy certificates (RECs) rose 10.65 per cent to 5.59 lakh units in December on the IEX and the PXIL as against the previous month, according to official data. The sales in November had stood at 5.05 lakh units. The renewable purchase obligation (RPO) is mandated by the central and state electricity regulatory […]

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Renewable energy certificates sales on IEX, PXIL down 49.34 pc at 8.19 lakh in August

Sales of renewable energy certificates (RECs) declined by 49.34 per cent to 8.19 lakh units on the Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) in August, compared to 16.18 lakh in July this year. The Renewable Purchase Obligation (RPO) is mandated by central/state regulatory commission and is applicable to power distribution companies, […]

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Renewable energy certificates will continue to face regulatory challenges: Ind-Ra

The renewable energy certificates will continue to face regulatory challenges and obligated entities may prefer to buy clean energy directly, India Ratings and Research said today. “The obligated entities may prefer to continue to buy renewable power directly rather than using renewable energy certificates (RECs), to comply with their renewable power obligations,” an India Ratings […]

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7.18 lakh renewable energy certificates (RECs) were traded in May: IEX

Power exchange IEX recently said a total of 7.18 lakh renewable energy certificates (RECs) were traded in May. “In the trading session held on May 30 2018, the Indian Energy Exchange (IEX) saw total trade of 7.18 lakh RECs comprising 3.24 lakh non-solar and 3.94 lakh solar RECs,” it said in a statement. Power distribution […]

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Sales of renewable energy certificates jumped up to 42 per cent in April

Sales of renewable energy certificates (RECs) jumped 42 per cent in April to 10.62 lakh units on the Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) compared to 7.46 lakh in the same month a year ago, as per official data. The Renewable Purchase Obligation (RPO) is mandated by central/state regulatory commission and […]

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Green Energy Association to move SC against APTEL order on RECs of solar and non-solar energy

Industry body Green Energy Association today said it will move the Supreme Court against the tribunal APTEL’s order which upheld power regulator CERC’s ruling reducing forbearance and floor price of renewable energy certificates (RECs) of solar and non-solar energy. “The said order is completely insensitive to renewable energy. Green Energy Association will appeal against this […]

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