Jan '13 REC Trading: Solar REC market continues to strengthen, demand grows 20 times

Climate Connect News, 31 January 2013, New Delhi: The 23rd trading session of Renewable Energy Certificates (RECs) was concluded on 30th January at the Indian Energy Exchange Limited (IEX) in New Delhi and the Power Exchange India Limited (PXIL) in Mumbai. Of the total RECs offered for trading, about 11% were redeemed. The total transaction value at both the exchanges was over Rs 31.88 crore, a fall of 25.5% over the previous session. ....