Will add 264MW in green energy by December 2025: Aman Arora
Punjab Newsline, Chandigarh, December 23-
With an aim to make the state a leading state in clean energy production and diminish reliance on fossil fuels, the Punjab Government will set up 66 solar power plants, each with a 4 MW capacity (total 264MW capacity), informed Punjab cabinet minister Aman Arora here on Monday.
He also handed over a Letter of Award (LoA) to M/s. V.P. Solar Generations Pvt. Ltd. for setting up solar power plants at 66-KV substations of PSPCL in the State.
This company has been selected through a transparent and competitive bidding process. Thereafter, Punjab State Electricity Regulatory Commission (PSERC) had approved a tariff of Rs. 2.38/kwh for evacuation and sale of the solar power to PSPCL for 25 years under long term PPA.
Mr. Aman Arora said that this ambitious clean energy project will be completed by the end of December 2025. Upon completion, these solar plants will generate approximately 400 Million Units (MU) of electricity annually. By implementing feeder level solarisation, these solar power plants will also help in compensating the state around Rs. 176 crore agricultural subsidy bill annually.