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.
FlashNews:
CleanMax Raises $575 Million for 1 GW Renewable Push in Rajasthan and Karnataka
ADR Adopted at BRICS Meet, Meghwal Pedals for Sustainability
The New Power Corridor
Mumbai’s Rooftop Solar Revolution: Tata Power Consumers Slash Bills by 50%
GAIL Posts ₹69.68 Billion Profit for FY2025-26 Amid Global Headwinds
RRP Defense Secures ₹298 Million BEL Order for Germanium Lenses
Noida International Airport: India’s New Visiting Card
India, Korea Ink Landmark MoU for Thoothukudi Mega Greenfield Shipyard
Air India Slashes 29 International Routes Amid ATF Price Surge
WABAG, PEAK Partner on Ghaziabad Bio-CNG Plant to Boost Energy Security
DFCCIL, ICFAI Forge Partnership to Drive Innovation in Logistics
S&P Urges Breaking Barriers as India Growth Outlook Moderates
Bhutan, World Bank Seal $515 Million Pact for Dorjilung Hydropower
REC Posts Record ₹162.8 Billion Profit, Declares Highest Dividend
India’s Infrastructure Investments to Surge 50% Despite Global Uncertainties: Crisil Ratings
Future of Himalayas White Paper Calls for Systemic Shift in Development and Resilience
Global Wind Installations Surge 40% as Sector Charts Path Beyond Energy Crisis
Siemens Ushers in Industrial AI Transformation with Eigen Engineering Agent at Hannover Messe
India and Asian Markets Adapt to Middle East LNG Disruption: S&P Global Energy
Home » India traded 251,000 Renewable Energy Certificates in December 2016
India traded 251,000 Renewable Energy Certificates in December 2016
Power & New and Renewable Energy
January 1, 2017January 1, 2017


Leave a Reply
You must be logged in to post a comment.