Indian Energy Exchange (IEX) has set an all-time high record with trade of 12.88 lakh Renewable Energy Certificates (RECs) on January 25, 2018. With trade of 12.48 lakh RECs, the market has set an all-time high record predominantly on purchase by DISCOMs followed by Open Access Consumers and Captive Consumers.
Since the beginning of this fiscal (April-January), IEX has traded about 31 lakh RECs. REC volume trade saw an increase of over 412% over 2.51 lakh RECs traded in the previous month of the same fiscal.
A total of 1,399 participants traded at IEX with 870 participants in non-solar segment and 529 participants in the solar segment. Overall, a total of 3,418 participants are registered in the REC segment at IEX. Of this, 864 are Eligible Entities (RE Generators) 2,535 are Obligated Entities (DISCOMs, Open Access Consumers & Captive Generators) and 19 are registered as Voluntary Entities.