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