{"id":4262,"date":"2017-09-26T21:45:26","date_gmt":"2017-09-26T16:15:26","guid":{"rendered":"http:\/\/reconnectenergy.com\/blog\/?p=4262"},"modified":"2017-09-26T21:45:26","modified_gmt":"2017-09-26T16:15:26","slug":"indian-witnesses-first-ever-trade-of-escerts","status":"publish","type":"post","link":"https:\/\/reconnectenergy.com\/indian-witnesses-first-ever-trade-of-escerts\/","title":{"rendered":"INDIA WITNESSES FIRST EVER TRADE OF ESCERTS"},"content":{"rendered":"

The first ever trading of energy saving certificates (ESerts) took place today.<\/p>\n

 <\/p>\n

The demand of ESCerts in this trading session was expected to be much lower than the supply because of the following reasons: 1) All sectors except one have overachieved on their energy savings targets resulting in an overall excess supply situation in the market; and 2) DCs were likely to wait and review the discovered price.<\/p>\n

 <\/p>\n

This week\u2019s trading took place only on IEX. In total, there was a demand for 50,904 ESCerts, against a total supply of 2,39,644 ESCerts. Market clearing price was determined at Rs 1,200\/ ESCert, with only 10,904 ESCerts sold<\/strong> (the total traded value was Rs 1.31 crore).<\/p>\n

\u00a0\"\"<\/a><\/div>\n
<\/div>\n
\"\"<\/a><\/div>\n
<\/div>\n
The IEXs trading report can be accessed here<\/a>.<\/div>\n","protected":false},"excerpt":{"rendered":"

The first ever trading of energy saving certificates (ESerts) took place today.   The demand of ESCerts in this trading session was expected to be much lower than the supply because of the following reasons: 1) All sectors except one […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[694,531,532],"tags":[798,72],"_links":{"self":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/posts\/4262"}],"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=4262"}],"version-history":[{"count":0,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/posts\/4262\/revisions"}],"wp:attachment":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/media?parent=4262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/categories?post=4262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/tags?post=4262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}