Sales of renewable energy certificates dropped by over 47 per cent to 4.3 lakh units in August as compared to 8.19 lakh in the same month a year ago due to lower supply, according to official data.
Indian Energy ExchangeNSE 2.05 % (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.
