Ratul Puri-led Hindustan Power secures major 150 MWp solar project in Punjab
Hindustan Power builds up solar portfolio in Punjab India-based energy company, Hindustan Power led by Ratul Puri , bagged a significant solar power project in Punjab, thereby bringing more achievements to its expanding renewable energy portfolio. The latest project awarded to Hindustan Power is a 100 MW AC solar power project which is awarded by Punjab State Power Corp. Ltd. The project will need the setup of around 140–150 MWp of solar power capacity. The project came as a result of a competitive bid awarded through a tariff-based competitive bidding process and then through a successful e-reverse auction. It further emphasizes the involvement of Hindustan Power in the competitive renewable energy market of India where companies are emphasizing on pricing and execution efficiency. In recent times, there is growing interest for solar energy projects in Punjab. In line with that, with the current solar project, the energy company gets another addition to its renewable portfolio. ...