Live Breaking News & Updates on Prabhajit Kumar Sarkar
Stay updated with breaking news from Prabhajit kumar sarkar. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Market coupling is beneficial for the market not 1-2 players: Power Exchange of India MD We believe that true competition can only come in once the conversation shifts from pricing to true discovery of prices, better services, access to markets, cheaper finances and areas that participants need to focus on. Synopsis For markets, any monopoly intended or unintended is not a healthy sign. Particularly when a segment is 100% dominated by an entity, Prabhajit Kumar Sarkar said. Monopoly in any market implies there is something wrong with the structure of the market, not with the capabilities of the competitors, Power Exchange of India managing director and chief executive officer Prabhajit Kumar Sarkar said in an interview to ET. Sarkar said market coupling is for the benefit of the market and not one or two players and hence should be implemented at the earliest. Edited excerpts:- ....
The renewable energy certificates market shrank to 9.2 lakh RECs in 2020-21 while 60.58 lakh RECs piled up till March-end due to a halt in trading, which also impacted the ability of distribution companies to meet their renewable purchase obligation (RPO). According to industry data, an inventory of 60.58 lakh RECs piled up till March 31, 2021, which includes 7.71 lakh solar and 52.88 lakh non-solar green certificates. The data also showed that trading of just 9.2 lakh RECs was done in 2020-21 as the trading was suspended since July last year. REC trading was recorded at 89.27 lakh in 2019-20 and 126.08 lakh in 2018-19. The REC or green certificate trades were suspended in July 2020 after the Appellate Tribunal for Electricity (APTEL) decided to postpone the trading by four weeks while hearing three separate petitions related to an issue of fixing floor and forbearance prices of RECs by the Central Electricity Regulatory Commission (CERC). ....
Green certificates trading shrinks to 9.2 lakh in 2020-21, 60.58 lakh inventory piles up SECTIONS Last Updated: Apr 25, 2021, 11:55 AM IST Share Synopsis The REC or green certificate trades were suspended in July 2020 after the Appellate Tribunal for Electricity (APTEL) decided to postpone the trading by four weeks while hearing three separate petitions related to an issue of fixing floor and forbearance prices of RECs by the Central Electricity Regulatory Commission (CERC). Agencies REC trading is conducted on the last Wednesday of every month on the Indian Energy Exchange (IEX) and the Power Exchange India (PXIL). The renewable energy certificates market shrank to 9.2 lakh RECs in 2020-21 while 60.58 lakh RECs piled up till March-end due to a halt in trading, which also impacted the ability of distribution companies to meet their renewable purchase obligation (RPO). According to industry data, an inventory of 60.58 lakh RECs piled up till March 31 ....
Green certificates trading shrinks to 9.2 lakh in 2020-21 - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Green certificates trading shrinks to 9.2 lakh in 2020-21, 60.58 lakh inventory piles up indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.