During the financial year 2024, around 13.85 millions Renewable Energy Certificates (REC) were transacted on power exchanges in India. The South Asian country is the third-largest producer as well as consumer of electricity in the world, with a national electric grid of more than 400 gigawatts of installed generation capacity.
Number of Renewable Energy Certificates (REC) transacted on power exchanges in India from financial year 2012 to 2024
(in 1,000s)
* As per Honorable APTEL Order trading sessions of RECs at both the Power Exchanges were suspended from July 2020 to October 2021 and resumed from November 2021 as per Honorable APTEL Order dated 09/11/2021.
India's financial year begins in April and ends in March.
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CERC (India). (October 30, 2024). Number of Renewable Energy Certificates (REC) transacted on power exchanges in India from financial year 2012 to 2024 (in 1,000s) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/808573/india-renewable-energy-certificates-transacted-on-power-exchanges/
CERC (India). "Number of Renewable Energy Certificates (REC) transacted on power exchanges in India from financial year 2012 to 2024 (in 1,000s)." Chart. October 30, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/808573/india-renewable-energy-certificates-transacted-on-power-exchanges/
CERC (India). (2024). Number of Renewable Energy Certificates (REC) transacted on power exchanges in India from financial year 2012 to 2024 (in 1,000s). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/808573/india-renewable-energy-certificates-transacted-on-power-exchanges/
CERC (India). "Number of Renewable Energy Certificates (Rec) Transacted on Power Exchanges in India from Financial Year 2012 to 2024 (in 1,000s)." Statista, Statista Inc., 30 Oct 2024, https://www.statista.com/statistics/808573/india-renewable-energy-certificates-transacted-on-power-exchanges/
CERC (India), Number of Renewable Energy Certificates (REC) transacted on power exchanges in India from financial year 2012 to 2024 (in 1,000s) Statista, https://www.statista.com/statistics/808573/india-renewable-energy-certificates-transacted-on-power-exchanges/ (last visited December 21, 2024)
Number of Renewable Energy Certificates (REC) transacted on power exchanges in India from financial year 2012 to 2024 (in 1,000s) [Graph], CERC (India), October 30, 2024. [Online]. Available: https://www.statista.com/statistics/808573/india-renewable-energy-certificates-transacted-on-power-exchanges/