{"id":4045,"date":"2017-03-31T20:00:03","date_gmt":"2017-03-31T14:30:03","guid":{"rendered":"http:\/\/reconnectenergy.com\/blog\/?p=4045"},"modified":"2017-03-31T20:00:03","modified_gmt":"2017-03-31T14:30:03","slug":"rec-trade-results-march-2017","status":"publish","type":"post","link":"https:\/\/reconnectenergy.com\/rec-trade-results-march-2017\/","title":{"rendered":"REC TRADE RESULTS MARCH 2017:"},"content":{"rendered":"<p>March trading results were far better than anticipated considering the recent <a href=\"http:\/\/www.cercind.gov.in\/2017\/orders\/02_SM.pdf\">CERC order<\/a> 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 &#8211; an increase of almost 37.7%. This was the last trading session of FY 16-17.<br \/>\n&nbsp;<br \/>\nTotal 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).\u00a0For the full year FY 16-17, total RECs sold were 5.5 lakh as compared to 6.4 lakhs last year &#8211; a decrease of almost 14.06%.<br \/>\n<strong>Non Solar \u2013<\/strong>\u00a0The clearing ratio stood at\u00a0<strong>6.11%<\/strong> and <strong>9.6%<\/strong> in both IEX and PXIL respectively.<br \/>\n<strong>Solar \u2013<\/strong>\u00a0Clearing ratio stood at <strong>2.90% <\/strong>and <strong>2.74% <\/strong>in IEX and PXIL respectively.<br \/>\n&nbsp;<br \/>\n<a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2017\/03\/Screenshot-24.png\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-4048\" title=\"Screenshot (24)\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2017\/03\/Screenshot-24.png\" alt=\"\" width=\"532\" height=\"264\" srcset=\"https:\/\/reconnectenergy.com\/wp-content\/uploads\/2017\/03\/Screenshot-24.png 532w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2017\/03\/Screenshot-24-300x149.png 300w\" sizes=\"(max-width: 532px) 100vw, 532px\" \/><\/a><br \/>\n<a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2017\/03\/Screenshot-231.png\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-4046\" title=\"Screenshot (23)\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2017\/03\/Screenshot-231.png\" alt=\"\" width=\"552\" height=\"250\" srcset=\"https:\/\/reconnectenergy.com\/wp-content\/uploads\/2017\/03\/Screenshot-231.png 552w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2017\/03\/Screenshot-231-300x136.png 300w\" sizes=\"(max-width: 552px) 100vw, 552px\" \/><\/a><br \/>\n<a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2017\/03\/Screenshot-25.png\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-4049\" title=\"Screenshot (25)\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2017\/03\/Screenshot-25.png\" alt=\"\" width=\"537\" height=\"280\" srcset=\"https:\/\/reconnectenergy.com\/wp-content\/uploads\/2017\/03\/Screenshot-25.png 537w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2017\/03\/Screenshot-25-300x156.png 300w\" sizes=\"(max-width: 537px) 100vw, 537px\" \/><\/a><br \/>\n<a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2017\/03\/Screenshot-221.png\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-4047\" title=\"Screenshot (22)\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2017\/03\/Screenshot-221.png\" alt=\"\" width=\"553\" height=\"251\" srcset=\"https:\/\/reconnectenergy.com\/wp-content\/uploads\/2017\/03\/Screenshot-221.png 553w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2017\/03\/Screenshot-221-300x136.png 300w\" sizes=\"(max-width: 553px) 100vw, 553px\" \/><\/a><br \/>\n<a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2017\/03\/Screenshot-271.png\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-4053\" title=\"Screenshot (27)\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2017\/03\/Screenshot-271.png\" alt=\"\" width=\"555\" height=\"326\" srcset=\"https:\/\/reconnectenergy.com\/wp-content\/uploads\/2017\/03\/Screenshot-271.png 555w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2017\/03\/Screenshot-271-300x176.png 300w\" sizes=\"(max-width: 555px) 100vw, 555px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>March 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[97,55,56,66,148,100],"tags":[602,749,101],"_links":{"self":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/posts\/4045"}],"collection":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/comments?post=4045"}],"version-history":[{"count":0,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/posts\/4045\/revisions"}],"wp:attachment":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/media?parent=4045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/categories?post=4045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/tags?post=4045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}