During the financial year 2023, around 8.25 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 2023
(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.
**Includes RECs traded bilaterally through Trading Licenses.
India's financial year begins in April and ends in March.
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CERC (India). (October 30, 2023). Number of Renewable Energy Certificates (REC) transacted on power exchanges in India from financial year 2012 to 2023 (in 1,000s) [Graph]. In Statista. Retrieved August 25, 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 2023 (in 1,000s)." Chart. October 30, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/808573/india-renewable-energy-certificates-transacted-on-power-exchanges/
CERC (India). (2023). Number of Renewable Energy Certificates (REC) transacted on power exchanges in India from financial year 2012 to 2023 (in 1,000s). Statista. Statista Inc.. Accessed: August 25, 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 2023 (in 1,000s)." Statista, Statista Inc., 30 Oct 2023, 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 2023 (in 1,000s) Statista, https://www.statista.com/statistics/808573/india-renewable-energy-certificates-transacted-on-power-exchanges/ (last visited August 25, 2024)
Number of Renewable Energy Certificates (REC) transacted on power exchanges in India from financial year 2012 to 2023 (in 1,000s) [Graph], CERC (India), October 30, 2023. [Online]. Available: https://www.statista.com/statistics/808573/india-renewable-energy-certificates-transacted-on-power-exchanges/
