Green certificate sales down 50 pc to 3.49 lakh in June
NEW DELHI : Sales of renewable energy certificates dipped 50 per cent to 3.49 lakh units in June compared to 6.98 lakh in the same month a year ago, according to official data.
Renewable energy certificate (REC) is a type of market-based instrument. One REC is created when one megawatt hour of electricity is generated from an eligible renewable energy source.
According to official data, a total of 2.29 lakh RECs were traded on the Indian Energy Exchange (IEX) in June, compared to 4.19 lakh in the same month of 2019.
