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Up Swing in REC demand in Wind Sector- A Short Term Cheer or Long Term Paradigm Change in REC Trading Market !

March 29, 2018 09:50 AM

Tagged Sector(s) : Renewable

REC trading market has been in up swing with availability of less REC volume and high demand of purchaser. However, surge in demand is temporary, because company are purchasing there annual REC target as a compliance measure as financial year is ending. 

However if Government mandate the RPO purchase on a strictly manner, a paradigm shift in the REC trading market might occur to drive the sector positively in long run.

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