REC entering dangerous territory with demand half that of availability

The REC availability is now almost twice the monthly demand which could result in a cashflow issue for generators

Month, Year Opening Balance REC Issued REC Redeemed Closing Balance
Aug, 2011 36480 31813 25096 43197
Sep, 2011 43197 74612 46362 71447
Oct, 2011 71447 126544 95504 102487
Nov, 2011 102487 135697 105527 132657
Dec, 2011 132657 88055 111621 109091
Jan, 2012 109091 102348 171524 39915
Feb, 2012 39915 200736 206188 34463
Mar, 2012 34463 203819 199737 38545
Apr, 2012 38545 122369 71226 89688
May, 2012 89688 230697 168685 151700
June, 2012 151700 259125 236827 173998
Jul, 2012 173998 334297 158399 349896
Total: 2000731 1650835

About Ritesh Pothan

Ritesh Pothan, is an accomplished speaker and visionary in the Solar Energy space in India. Ritesh is from an Engineering Background with a Master’s Degree in Technology and had spent more than a decade as the Infrastructure Head for a public limited company with the last 9 years dedicated to Solar and Renewable Energy. He also runs the 2 largest India focused renewable energy groups on LinkedIn - Solar - India and Renewables - India
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One Response to REC entering dangerous territory with demand half that of availability

  1. Pingback: A glimpse into the future of Indian Solar – Ritesh Pothan | Natural Group

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