Punjab receives just 270MW bids against the 300MW requested for by PEDA

In a growing trend of developers not agreeing to the prices that are being floated by State Renewable Agencies, Punjab has just received 90% of the proposed capacity. In the past Solar projects have been oversubscribed in the multiples but that trend is fast on its way out.

It would be quite interesting to see the prices quoted for Punjab but going by the majority of developers its bound to range between Rs. 7-8 per KWh.

About Ritesh Pothan

Ritesh Pothan, is an accomplished speaker and visionary in the Solar Energy space in India. Ritesh is from an Engineering Background with a Master’s Degree in Technology and had spent more than a decade as the Infrastructure Head for a public limited company with the last 9 years dedicated to Solar and Renewable Energy. He also runs the 2 largest India focused renewable energy groups on LinkedIn - Solar - India and Renewables - India
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One Response to Punjab receives just 270MW bids against the 300MW requested for by PEDA

  1. Pingback: Punjab discloses the names of successful solar developers with just 251 MW of the 300 MW taken | Natural Group

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