PXIL has successfully conducted the second REC trading session for the month of June 2025, as per CERC direction in Order of Petition 379-MP-2024. This was the sixth session of FY 25-26 and 51st auction session under Central Electricity Regulatory Commission (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) Regulations, 2022 that came into effect from 5th December 2022.
A total of 15.65 lacs RECs were successfully transacted in the session, prior to the auction more than 417.17 lacs RECs were available in the market for trade. The trading happened under the directions provided by Delhi High Court in their Daily Order dated 11.05.2023 withdrawing earlier restriction regarding sale of RECs issued prior to 31.10.2022, thus, all RECs available with selling entities were eligible to transact in the REC session.
PXIL is thankful to all the participants for supporting the exchange platform in this segment during the year and looks forward to continuing to serve all market participants in this and other segments as well.
