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Hindustan Power wins 100 MW Punjab solar contract with 25 year deal

Economy
Published on 24 April 2026
Hindustan Power wins 100 MW Punjab solar contract with 25 year deal

Competitive bidding set the tariff for a 25 year PPA

Hindustan Power has secured a 100 MW solar project from the Punjab government after a tariff-based competitive bidding process. The firm will sign a 25-year power purchase agreement with Punjab State Power Corporation Limited, with commissioning targeted within 24 months. The deal underscores Punjab’s push to expand solar capacity through long-term offtake arrangements.

  • Hindustan Power bags a 100 MW solar project in Punjab
  • Awarded via tariff-based competitive bidding
  • 25-year PPA with Punjab State Power Corporation Limited
  • Commissioning expected within 24 months
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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