424 non-solar RECs traded on Day 1

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The first trading session of renewable energy receipts (REC) on March 30, witnessed a total of 424 non-solar RECs traded on two power exchanges

While 274 non-solar RECs got traded on PXIL at a clearing price of Rs 2225 per certificate, 150 non-solar RECs were transacted on India Energy Exchange at a price of Rs 3,900 per REC.

Incidentally Rs 3,900 per REC is the forbearance price fixed by th

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http://www.business-standard.com/india/news/424-non-solar-recs-tradedday-1/430494/
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Publication Date: 
01/04/2011