New Delhi: Sales of renewable energy certificates dropped by 22% to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago due to lower supply, according to official data.
Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the country which are engaged in trading of renewable energy certificates (RECs) and electricity.
The trading of RECs is conducted on the last Wednesday of every month.