The Punjab State Power Corporation Limited (PSPCL) has floated two tenders for procurement of a total of 500 MW solar power and received bids for the same.
Two solar power projects having a capacity of 250 MW each to be located anywhere in India and another in Punjab will meet the rising demand for power in the state in order to develop and promote green power, said a statement released by PSPCL. Bidders from all across the country have participated in the tender.
According to PSPCL chairman A Venu Prasad, under the tender for procurement of 250 MW Solar Power from projects located anywhere in India, ReNew Dinkar Jyoti Private Limited has offered 250 MW Solar power @ Rs 2.33/kWh. Under the tender for procurement of 250 MW from projects located anywhere in Punjab, SJVN Limited has offered 100 MW Solar power @ Rs. 2.69/kWh and SAEL Limited has offered 50 MW solar power @ Rs. 2.69/kWh.
