Green certificates trade to resume on IEX, PXIL from Wednesday
The Indian Energy Exchange as well as Power Exchange of India Ltd are set to resume trading of renewable
energy certificates from Wednesday after a gap of 16 months.
Renewable Energy Certificate or green certificate trades were suspended in July 2020 after APTEL decided to postpone the trading by four weeks while hearing three separate petitions related to an issue of fixing floor and forbearance prices of RECs by Central Electricity Regulatory Commission (CERC).
Appellate Tribunal For Electricity (APTEL) and CERC have given the go-ahead to begin RECs trading in their orders issued on November 9 and November 18, respectively.
