Hindustan Power wins 100 MW solar project in Punjab
Hindustan Power has secured a 100 MW AC solar power project from Punjab State Power Corp. Ltd (PSPCL) to be developed in Punjab, with an estimated installed capacity of 140–150 MWp. The project was awarded through a tariff-based competitive bidding process followed by an e-reverse auction. Hindustan Power will enter into a 25-year Power Purchase Agreement (PPA) with PSPCL, providing long-term revenue visibility. The project is scheduled for commissioning within 24 months from the effective…