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Fri, 31 Mar 2017 14:30:03 +0000en-US
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1 https://wordpress.org/?v=5.8.1http://www.slotln.online/wp-content/uploads/2021/09/cropped-maroonsym-32x32.pngREC Trading March 2017 – REConnectEnergy
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3232REC TRADE RESULTS MARCH 2017:
http://www.slotln.online/rec-trade-results-march-2017/
Fri, 31 Mar 2017 14:30:03 +0000http://www.slotln.online/blog/?p=4045March trading results were far better than anticipated considering the recent CERC order on revised floor and forbearance prices. The March trade session remained a robust one. Total Non-solar demand was 8.88 lakhs (vs 10.4 L demand in February), and clearing ratios on IEX and PXIL were 6.11% and 9.6% respectively. For the full year FY 16-17, total RECs sold were 59.3 lakh as compared to 43 lakhs last year – an increase of almost 37.7%. This was the last trading session of FY 16-17.
Total solar demand was 1.43 lakhs, and the clearing ratio in IEX and PXIL were 2.90% and 2.74% respectively (Feb 2017 demand was 49,544).?For the full year FY 16-17, total RECs sold were 5.5 lakh as compared to 6.4 lakhs last year – a decrease of almost 14.06%. Non Solar –?The clearing ratio stood at?6.11% and 9.6% in both IEX and PXIL respectively. Solar –?Clearing ratio stood at 2.90% and 2.74% in IEX and PXIL respectively.