PSPCL awards 500 MW solar capacity in national auction
Punjab State Power Corporation Limited (PSPCL) has announced the outcome of its auction to procure 500 MW of solar power from projects located across India on a long-term basis. SAEL Industries emerged as the largest winner, securing 250 MW at a tariff of Rs 3.05 per kWh. Waaree Forever Energies, a subsidiary of Waaree Energies, and JLTM Energy India, a subsidiary of Technique Solaire, were awarded 100 MW and 50 MW, respectively, each at a…