The REC trading session for the month – April 2014 concluded on Wednesday. The end of the financial year saw a spike in trading in March 2014 but following this, the momentum has not kept up. The traded volume of both solar and non-solar RECs tanked significantly at both the energy exchanges.
The traded volume of solar RECs fell by about 91% compared to the numbers posted last month while the traded volume of the non-solar RECs fell by about 88% compared to last month.
Both Solar and non-solar RECs continue to be traded at their floor price of Rs. 9,300 and Rs.1,500 per REC respectively.