REC hits forbearance price

Since the inception of Solar REC’s trading, this is the first time they have touched the forbearance price, which is a good news. The trading volume this month increased by 42%. On the Indian Energy Exchanged Ltd.(IEX, New Delhi)  it is trading at 14,200 INR and on Power Exchange India Ltd. (PXIL, Mumbai) at 13,000 INR.

The demand is still exceeding the supply, which is visible from the fact that there have been more buy bids than sell bids.


Source : RESolve Energy Consultants

2 responses to “REC hits forbearance price

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