Platts proposes to change timestamp and publishing schedule for Indian I-REC assessments

Platts, part of S&P Global Commodity Insights, proposes to change the timestamp and holiday schedule for its Indian I-REC assessments from 17:30 Indian Standard time to 16:30 Malaysian Standard Time and change the publishing schedule from India to Penang calendar, with effect from Feb. 19, 2024.

This change is intended to better capture the concentration of trading activity in the Asian I-REC markets.

Assessments affected by this proposed change are as follows:

Assessment name Assessment code

I-REC India Hydro Current Year $/MWh ACERN00

I-REC India Hydro Current Year Eur/MWh ACERP00

I-REC India Hydro Current Year INR/MWh ACERL00

I-REC India Hydro Previous Year $/MWh ACERM00

I-REC India Hydro Previous Year Eur/MWh ACERO00

I-REC India Hydro Previous Year INR/MWh ACERK00

Bids, offers, trades and indicative values would only be considered for the assessment if they are received before the 16:30 Malaysia Time cutoff.

Please send all comments, feedback and questions to apac_renewables@spglobal.com and pricegroup@spglobal.com by Jan. 22, 2024.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.