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Non-Solar REC Trading Continued to Gain Momentum in March 2018

The uptick in activity followed a recent government proposal to penalize DISCOMs that lack enough PPAs to cover 100 percent of their RPO requirements

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The final month of the renewable energy certificate (REC) trading year witnessed a spike in non-solar REC trading. However, REC trading witnessed a reversal in trends during March 2018 when the number of buy bids surpassed the number of sell bids.

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