Home » India traded 251,000 Renewable Energy Certificates in December 2016

India traded 251,000 Renewable Energy Certificates in December 2016

India traded 251,000 Renewable Energy Certificates in December 2016

A total of 2.51 lakh renewable energy certificates (RECs) were traded in December, power exchange IEX has said. ´A total of 2.51 lakh RECs were traded in the REC trading session held on 28th December, 2016 at IEX,´ it said. Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under RPO mandated by Central/state regulatory commissions. RECs are aimed at providing an easier avenue for entities to meet their green energy obligations.

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