In the last trading session for the Quarter 3 of 2013-14, non-solar RECs trade showed remarkable resilience and continued its growth from the previous month. The non-solar REC inventory remained almost constant, reflecting a supply vs demand match during this trading session.
However, Solar REC trade remained fairly constant from the previous month, and the solar REC inventory increased from the previous month.
Both Solar and non-Solar RECs traded at their floor prices of Rs. 9,300 and Rs. 1,500 per REC respectively.
Non-Solar REC
The non-solar REC sales increased by about 31% compared to the previous month.
Solar REC
The solar REC trade increased only marginally.
The REC inventory position at the end of the month is as follows.
(Source : REC Registry of India)
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