Green certificate sales down 29 pc to 5.7 lakh in January
NEW DELHI: Sales of renewable energy certificates declined by 29 per cent to 5.7 lakh units in January compared to 8.05 lakh in the same month a year ago due to lower supply, according to official data.
A total of 3.63 lakh RECs were traded on Indian Energy ExchangeNSE -2.59 % (IEX) in January compared to 6.44 lakh in the same month last year.
Power Exchange of India (PXIL) recorded sale of 2.07 lakh RECs in the month against 1.61 lakh in January 2019.
IEX and PXIL are engaged in trading of renewable energy certificates (RECs) and electricity. The REC trading is conducted on the last Wednesday of every month.
