Punjab State Power Corporation Limited (PSPCL) has questioned whether the existing framework is sufficient to enforce compliance with the Central Electricity Regulatory Commission’s (CERC) October 5, 2025 suo-motu order on peak-hour power availability declarations. The issue came up during the latest meeting of the Northern Regional Power Committee’s (NRPC) Commercial Sub-Committee. After considering the matter,…
The Punjab State Electricity Regulatory Commission (PSERC) has approved Punjab State Power Corporation Limited’s (PSPCL) procurement of 340 MW of Firm and Dispatchable Renewable Energy (FDRE) power from SJVN Limited. The approval covers 140 MW from Ganeko One Energy Private Limited and 200 MW from Avaada Energy Private Limited. The projects were awarded under SJVN’s…
In its final order in Petition No. 50 of 2025 dated 11 December 2025, the Punjab State Electricity Regulatory Commission (PSERC) approved Punjab State Power Corporation Limited’s Business Plan and Capital Investment Plan for FY 2026-27 to FY 2028-29. The approval sets the investment roadmap but with significant reductions from PSPCL’s proposals, especially for large…
The Punjab State Electricity Regulatory Commission (PSERC) has approved a rooftop solar installation project proposed by the Punjab State Power Corporation Limited (PSPCL), clearing a capital expenditure of Rs 123.3 crore. The project will add 31.37 MW of grid-connected rooftop solar capacity across 1,013 PSPCL-owned buildings in the state. The approved installations will cover administrative…
Punjab State Power Corporation Limited (PSPCL) has signed a 25-year power purchase agreement (PPA) with Sukhbir Agro Energy Limited (SAEL) for 400 MW of solar power projects in Punjab. SAEL secured the capacity in 2024 at a tariff of Rs 2.97 per kWh. The agreement follows PSPCL’s tender issued in May 2023 for procurement of…
MECON Limited has secured a contract valued at Rs 46.59 million to conduct Remnant Life Assessment (RLA) studies, detailed feasibility studies, and preparation of a Detailed Project Report (DPR) for the Shanan Hydro Power Project. The contract follows a bidding process initiated by Punjab State Power Corporation Limited (PSPCL) in August 2023. Originally, the project…