REC Trading in December’13

The number of Non-Solar buy bids increased this month as compared to November. Solar buy bids also increased as compared to last month with clearing price remaining at floor price – Rs. 9300/REC. The table below summarizes the trading for December on each of the Power Exchanges – IEX and PXIL Here are a few numbers and graphs with respect to Solar and Non-Solar REC trading in December Non-Solar REC trading: The demand for non-solar RECs increased this month by 30.73% as compared to the previous month. As is the trend, all the Buy Bids (403862) were cleared. This resulted in a Trading Value of Rs.60.57 Crores. Clearing Price stood at the usual Rs.1500 owing to oversupply. The graph below shows the trends in Buy Bids, Sell Bids, Traded Volume and Clearing Price for the last 3 months. Solar REC trading: This month, supply of solar RECs was 11.47 times that of demand. The clearing price for both the exchanges remained at the floor price – Rs.9300/REC. The total number …

REC Trading in November’13

The number of Non-Solar Buy-bids increased this month as compared to that of October. Solar REC buy-bids decreased as compared to last month with clearing price still remaining at floor price – Rs.9300/ REC. The table below summarizes the trading for November on each of the Power Exchanges – IEX and PXIL Here are a few numbers and graphs with respect to Solar and Non-Solar REC trading in November Non-Solar REC trading: The demand for non-solar RECs increased this month by 105.07% as compared to last month. As is the trend, all the Buy Bids (308928) were cleared. This resulted in a Trading Value of Rs. 46.33 Crores. Clearing Price stood at the usual Rs. 1500/ REC owing to oversupply. The graph below shows the trends in Buy Bids, Sell Bids, Traded Volume and Clearing Price for the last 3 months. Solar REC Trading: This month the supply of Solar RECs was 8.35 times that of demand. The clearing price for both the exchanges remained at the floor price – …

REC Trading in October’13

October trading session was quite active with both Non-Solar and Solar REC witnessing a boost in trading. The number of Non-Solar Buy-bids increased two-fold as compared to last month. Solar REC Buy-bids also continued to increase as compared to last month with the clearing price still remaining at the floor price – Rs. 9300. The table below summarizes the trading for October on each of the Power Exchanges – IEX and PXIL Here are a few numbers and graphs with respect to Solar and Non-Solar REC trading in October. Non-Solar REC trading: The demand for non-solar RECs increased this month by 202.3% as compared to the previous month. As is the trend, all the Buy Bids (150640) were cleared. This resulted in a Trading Value of Rs.22.59 Crores. Clearing Price stood at the usual Rs.1500 owing to oversupply. The graph below shows the trends in Buy Bids, Sell Bids, Traded Volume and Clearing Price for the last 3 months. Solar REC Trading: This month, supply of solar RECs was 7.34 …

REC Trading in September’13

The number of Non-Solar Buy-bids still remained low, similar to that of August. Solar REC buy-bids however increased significantly as compared to last month with the clearing price remaining at floor price – Rs. 9300. The table below summarizes the trading for September on each of the Power Exchanges – IEX and PXIL Here are a few numbers and graphs with respect to Solar and Non-Solar REC trading in September.   Non-Solar REC trading: As is the trend, all the Buy Bids (49831) were cleared this month. This resulted in a Trading Value of Rs. 7.47 Crores. Clearing Price stood at the usual Rs. 1500 owing to oversupply. The graph below shows the trends in Buy Bids, Sell Bids, Traded volume and Clearing Price for the last 3 months. Solar REC Trading: This month the supply of solar RECs was 7.3 times that of demand. The clearing price for both the exchanges remained at the floor price – Rs.9300/REC. The total number of Sell Bids was 64.5% more than that …

REC Trading in August’13

The number of Non-Solar Buy-bids decreased drastically as compared to that of July. Solar REC buy-bids however increased as compared to last month with the clearing price remaining at floor price – Rs.9300. The table below summarizes the trading for August on each of the Power Exchanges – IEX and PXIL Here are a few numbers and graphs with respect to Solar and Non-Solar REC trading in August.   Non-Solar REC trading: As is the trend, all the Buy Bids (40889) were cleared. This resulted in a Trading Value of Rs.6.13 Crores. Clearing Price stood at the usual Rs.1500 owing to oversupply. The graph below shows the trend in Buy Bids, Sell Bids, Traded Volume and Clearing Price for the last 3 months. Solar REC Trading: This month the supply of solar RECs was 13 times that of demand. The clearing price for both the exchanges remained at the floor price – Rs.9300/REC. The total number of Sell Bids was 39% more than that of July and the total number …

REC Trading in July’13

The number of Non-Solar Buy-bids this month increased as compared to that of June. Solar REC buy-bids also increased as compared to last month with the clearing price remaining at floor price – Rs.9300. The table below summarizes the trading for July on each of the Power Exchanges – IEX and PXIL Here are a few numbers and graphs with respect to Solar and Non-Solar REC trading in July.   Non-Solar REC trading: As is the trend, all the Buy Bids (161402) were cleared. This resulted in a Trading Value of Rs.24.21 Crores. Clearing Price stood at the usual Rs.1500 owing to oversupply. The graph below shows the trends in Buy Bids, Sell Bids, Traded Volume and Clearing Price for the last 3 months. Solar REC Trading: This month, supply of solar RECs was 10.6 times higher than the demand with the number of sell bids this month being the highest since the Solar REC trading started. The clearing price for both the exchanges remained at the floor price – …

REC Trading in June’13

This month demand for Non-Solar RECs continued to stay low, however compared to May there was a 36.8% increase in the number of buy bids this month. On the Solar REC front, similar to last month there was a drop in demand and the clearing price for both the exchanges was at floor price – Rs.9300/REC for the first time since the Solar REC trading started. The table below summarizes the trading for June on each of the Power Exchanges – IEX and PXIL. Here are a few numbers and graphs with respect Solar and Non-Solar REC trading in June.   Non-Solar REC trading: As is the trend, all the Buy Bids (72486) were cleared resulting in a Traded Value of Rs. 10.87 Crores. Clearing Price stood at the usual Rs.1500/REC owing to oversupply. The graph below shows the trend in Buy Bids, Sell Bids, Traded Volume and Clearing Price for the last 3 months.   Solar REC Trading: Similar to last month, the supply for Solar RECs was higher …

REC Trading in May’13

Trading in the month of April was a little disappointing compared to that of March. But this was expected as March witnessed good trading activity owing to year-end compliance. However, the trend continue in May too with Non-Solar trading staying close to last month’s 18 month low. On the Solar front too, Average Clearing Price hit all time low of Rs.11186/REC. Read on to know more… The table below summarizes the trading for May on each of the power exchanges – IEX and PXIL.   Here are a few numbers and graphs with respect to Solar and Non-Solar REC trading in May.   Non-Solar REC trading: As is the trend, all the Buy Bids (52968) were cleared resulting in a Trading Value of Rs.7.95 Crores. Clearing Price stood at the usual Rs.1500 owing to oversupply. Trading Volume which was expected to pick up as against the last month’s disappointing numbers didn’t see any considerable increase. One reason for this could be that more and more sellers are keeping stock of …

REC trading in April’13

After the much eventful trading in March, REC trading this month dropped on the Non-Solar front. This isn’t much of a shock as this was expected for the first month of financial year. However, the drop was so huge that Non-Solar trading in April is the lowest in 23 months. On the Solar front too, there was drop in trading volume but not as notable. Clearing Price wise, however, Rs.12093/REC was the lowest Average Clearing Price for Solar RECs since the beginning of trading in May last year. The table below summarizes the trading for April on each of the power exchanges – IEX and PXIL.   Here are a few numbers and graphs with respect to Solar and Non-Solar REC trading in April.   Non-Solar REC trading: As is the trend, all the Buy Bids (44459) were cleared resulting in a Trading Value of Rs.6.67 Crores. Clearing Price stood at the usual Rs.1500 owing to oversupply. The graph below shows the trends in Buy Bids, Sell Bids, Traded Volume …

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