The REC trading session held on Wednesday, 29th August, 2018, saw a total trade of 5,07,811 lac RECs comprising of 2,91,588 lac Non-Solar RECs and 2,16,223 lac Solar RECs. The distribution companies emerged as the major buyers in the session followed by open access and captive consumers.
NON-SOLAR REC :
- A total of 2,91,588 non-Solar RECs were traded with buy bid at 6,68,060 and sell bid at 4,39,855. The clearing price discovered was Rs 1,200 per REC.
- Continuing the pattern since March 2018, the non-solar segment continued to see reversal in REC demand-supply situation with buy bids exceeding the sell bids.
SOLAR REC :
- A total of 2,16,223 Solar RECs were traded with buy bid at 2,16,223 and sell bid at 14,58,702 . The clearing took place at floor price of Rs 1000 per REC.
KEY HIGHLIGHTS:
A total of 739 participants participated in the trading session. Overall 3550+ participants are registered in the REC segment at IEX out of which 764 are Eligible Entities (RE Generators); 2,785 are Obligated Entities (DISCOMs, Open Access Consumers & Captive Generators) and 21 are registered as Voluntary Entities.
