IEX Trades 1.52 Million Renewable Energy Certificates in January, Up 285% YoY

The total trading volume during the month was the highest ever at 10,893 MU

February 6, 2024

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The Indian Energy Exchange (IEX) traded 1.52 million renewable energy certificates (RECs), equivalent to 1,520 million units (MU), in January 2024 at a clearance price of ₹360 (~$4.34) per REC. This is an increase of 285% year-over-year (YoY) and is the highest REC volume in the current financial year.

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Arjun Joshi

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IEX Trades 1.52 Million Renewable Energy Certificates in January, Up 285% YoY

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