Pxil rec trading

PXIL is a power market infrastructure institution providing an electronic platform for REC Type, Total Buy Bid (nos.) Next REC Trading on 26 th February 2020. Circular 269-Revision in REC Trading Date for the month of December 2019 under GST Act for Renewable Energy Certificates traded at PXIL Platform.

REC Trade Result – January 2020 The January trade continued the trend at high MCP of Rs 2,400 for solar RECs on both the exchanges while it also crossed the INR 2,000 trend for Non-solar on both IEX & PXIL almost after eight years. With the Financial Year 2019-2020 coming to an end, the demand for Read more… On the PXIL, 177,509 non-solar RECs were traded at a rate of ₹1,650/REC, a decrease of ₹130 (~$1.80)/REC when compared with the prices of these RECs in September 2019. Sale bids for solar as well as non-solar RECs continue to remain low. With the constant disruption in the energy industry and markets, PXIL makes special efforts to stay ahead of the curve by designing products that are innovative and futuristic. The Exchange ensures global reach and instant access to information with fully-automated and highly secure indigenous online trading platform Power Exchange India Limited (PXIL) has been providing innovative and credible solutions since 2008 and has revolutionized the way Indian power markets operate BECOME A MEMBER VIEW OUR PRODUCTS INDIA'S 1 st INSTITUTIONALLY PROMOTED POWER EXCHANGE

A cumulative sum of 1,299,737 solar RECs was traded on the Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL). Out of the total, 984,157 and 315,580 solar RECs were traded on the IEX and PXIL, respectively. Compared to January 2020’s REC trading session, there was a huge upsurge in the solar RECs on both the platforms.

2 May 2018 Evolution of market model : Indian Experience. □. OA and Power Exchange: IEX, PXIL Alternate C : Market Model – REC Mechanism. 2 May 2018 implementation of REC mechanism for trading of RECs at the CERC The month-wise trend of trading RECs on IEX and PXIL is given in Table  29 Jun 2018 In total, 303,828 non-solar RECs were traded. The price on the Power Exchange India Ltd (PXIL) arrived at INR 1,050 per REC and it reached  15 Nov 2014 extent. Power exchanges offer short term trading of electricity, of which day- ahead Table 5: Market Clearing Volume of RECs at IEX and PXIL.

Name of the Trading Licensee: SN Power Markets Pvt. Ltd. Licence Renewable Energy Certificates(REC) Trading on Power Exchange by Trading Licensees.

A total of 41,204 and 20,667 solar RECs were traded on the IEX and PXIL, respectively, according to Mercom in the previous month. Compared to December 2019’s REC trading session, there has been a drop of 1,791 RECs on the IEX, while a rise of 16,140 solar RECs was recorded on the PXIL. Power trading market has two platforms in India – PXIL and India Energy Exchange (IEX). IEX holds 95 per cent of the day-ahead spot power trading market. PXIL holds 40 per cent market share in REC and term-ahead market (TAM). In December 2019’s renewable energy certificate (REC) trading session, there was a significant increase in the number of solar RECs that were traded when compared with the previous month of November 2019. A total of 61,871 solar RECs were traded on the Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL) together. Trading of solar and non-solar renewable energy certificates (RECs) has started in the new trading session of April 2018. The RECs, both solar and non-solar, are being traded at the new floor and forbearance prices set by the Central Electricity Regulatory Commission (CERC) in its order passed in March 2017. REC Trade Result – January 2020 The January trade continued the trend at high MCP of Rs 2,400 for solar RECs on both the exchanges while it also crossed the INR 2,000 trend for Non-solar on both IEX & PXIL almost after eight years. With the Financial Year 2019-2020 coming to an end, the demand for Read more… On the PXIL, 177,509 non-solar RECs were traded at a rate of ₹1,650/REC, a decrease of ₹130 (~$1.80)/REC when compared with the prices of these RECs in September 2019. Sale bids for solar as well as non-solar RECs continue to remain low. With the constant disruption in the energy industry and markets, PXIL makes special efforts to stay ahead of the curve by designing products that are innovative and futuristic. The Exchange ensures global reach and instant access to information with fully-automated and highly secure indigenous online trading platform

A cumulative sum of 1,299,737 solar RECs was traded on the Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL). Out of the total, 984,157 and 315,580 solar RECs were traded on the IEX and PXIL, respectively. Compared to January 2020’s REC trading session, there was a huge upsurge in the solar RECs on both the platforms.

Power trading market has two platforms in India – PXIL and India Energy Exchange (IEX). IEX holds 95 per cent of the day-ahead spot power trading market. PXIL holds 40 per cent market share in REC and term-ahead market (TAM). In December 2019’s renewable energy certificate (REC) trading session, there was a significant increase in the number of solar RECs that were traded when compared with the previous month of November 2019. A total of 61,871 solar RECs were traded on the Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL) together. Trading of solar and non-solar renewable energy certificates (RECs) has started in the new trading session of April 2018. The RECs, both solar and non-solar, are being traded at the new floor and forbearance prices set by the Central Electricity Regulatory Commission (CERC) in its order passed in March 2017. REC Trade Result – January 2020 The January trade continued the trend at high MCP of Rs 2,400 for solar RECs on both the exchanges while it also crossed the INR 2,000 trend for Non-solar on both IEX & PXIL almost after eight years. With the Financial Year 2019-2020 coming to an end, the demand for Read more… On the PXIL, 177,509 non-solar RECs were traded at a rate of ₹1,650/REC, a decrease of ₹130 (~$1.80)/REC when compared with the prices of these RECs in September 2019. Sale bids for solar as well as non-solar RECs continue to remain low. With the constant disruption in the energy industry and markets, PXIL makes special efforts to stay ahead of the curve by designing products that are innovative and futuristic. The Exchange ensures global reach and instant access to information with fully-automated and highly secure indigenous online trading platform

15 Nov 2014 extent. Power exchanges offer short term trading of electricity, of which day- ahead Table 5: Market Clearing Volume of RECs at IEX and PXIL.

31 Jan 2013 The Solar REC trading for the month of January 2013 concluded Trading Both IEX and PXIL cleared Solar RECs at a price of Rs. 12,500 per  5 Jul 2015 However, REC trading charges have only been revised by IEX. REC trading charges at IEX are now Rs 20/REC (up from Rs 10/REC). At PXIL  2 May 2018 Evolution of market model : Indian Experience. □. OA and Power Exchange: IEX, PXIL Alternate C : Market Model – REC Mechanism. 2 May 2018 implementation of REC mechanism for trading of RECs at the CERC The month-wise trend of trading RECs on IEX and PXIL is given in Table  29 Jun 2018 In total, 303,828 non-solar RECs were traded. The price on the Power Exchange India Ltd (PXIL) arrived at INR 1,050 per REC and it reached  15 Nov 2014 extent. Power exchanges offer short term trading of electricity, of which day- ahead Table 5: Market Clearing Volume of RECs at IEX and PXIL. 2 Jul 2012 The RECs were traded in 2 of the major power exchanges – Indian Energy Exchange (IEX) and Power Exchange India Limited(PXIL).

2 May 2018 Evolution of market model : Indian Experience. □. OA and Power Exchange: IEX, PXIL Alternate C : Market Model – REC Mechanism. 2 May 2018 implementation of REC mechanism for trading of RECs at the CERC The month-wise trend of trading RECs on IEX and PXIL is given in Table