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IEX trades 3.90 lakh Non-Solar RECs on February 28

01 Mar 2018 Evaluate

Indian Energy Exchange (IEX) has traded a total of 3,90,158 Non-Solar Renewable Energy Certificates (RECs) in the REC trading session held on February 28, 2018. In January’18, 1.82 lakh Non-Solar RECs were traded at IEX and there is a 114% increase in trade in February’18.

In fiscal 2017-18 (year to date), IEX has traded 71.60 lakh Non-Solar RECs, which is almost 96.6% higher than the trade of 36.42 lakh during the same period in the previous fiscal.

A total of 711 participants traded in non-solar segment. Overall, a total of 3,507 participants are registered in the REC segment at IEX. Of this, 2,722 are Eligible Entities, 764 are Obligated Entities (DISCOMs, Open Access Consumers & Captive Generators) and 21 are registered as Voluntary Entities.