Hindustan Power commissions a 50 MW solar plant in Punjab

Hindustan Power has commissioned a 50 MW solar plant in Punjab under the Phase-III of the Punjab Solar Policy. The Rs 3.25 billion contract was won by the company in 2016 at a tariff of Rs 5.98 per kWh. A 25-year PPA was signed with Punjab State Power Corporation Limited for the sale of power. The project will take Hindustan Power’s solar capacity in the state to 80 MW.