Deals16 Jul 2025, 03:51 pm
PNC Infratech Emerges as Lowest Bidder in NHPC's 1200 MW Solar Power Project
AI Summary
PNC Infratech Ltd has emerged as one of the Lowest (L1) Bidders in a tender floated by NHPC Limited for setting up of 1200 MW ISTS (Inter State Transmission System) Connected Solar Power Projects with 6(00MW/2400MWh Energy Storage Systems (ESS) on anywhere in India basis under Tariff Based Competitive Bidding (TBCB) with Green Shoe Option. The company has been allotted 300 MW ISTS Solar Power Project with 150MW/600MWh Energy Storage System (ESS) at a quoted price of Rs. 3.13/kWh.
Key Highlights
- PNC Infratech emerged as one of the Lowest (L1) Bidders in NHPC's tender
- Company allotted 300 MW ISTS Solar Power Project with 150MW/600MWh Energy Storage System (ESS)
- Project allotment at a quoted price of Rs. 3.13/kWh
- Project execution time period is 24 months from the Effective Date of PPA
- PPA operation period is for 25 years from the Supply Date