Analysis of RECs trading – May 25, 2022 session
RECs trading took place today on both the power exchanges. During the May trade session, RECs worth Rs 57 crores were transacted. Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC (floor price) at both the exchanges. A total of 252,589
CERC Makes Drastic Changes in the REC Mechanism
In a recent notification, CERC (Central Electricity Regulatory Commission) published new REC regulations.? These regulations differ in many significant ways from the existing REC regulations. A brief summary is provided below: It is important to note that these regulations, though final, are