At the IEX and PXIL in December 2017: Update on the day-ahead and REC markets

Update on the day-ahead and REC markets

The electricity traded in the day-ahead market at the IEX and PXIL in December 2017 was 3,108 MUs and 2.36 MUs respectively. The average market clearing price range at the IEX was Rs 2.56 per unit to Rs 3.63 per unit and at PXIL it was Rs 2.99 per unit to Rs 3.50 per unit.

Note: After a two-month pause in REC trading (during May and June 2017), on July 20, 2017, the Central Electricity Regulatory Commission advised the exchanges to resume trading only for non-solar RECs.