The clean energy arm of Hindustan Power has commissioned its second solar power plant of 50 MW capacity in Punjab at an investment of Rs 325 crores.
Hindustan Power said in a statement: “The high degree of solar insolation in the state is enabling a generation of 2,20,000 units of clean energy per day,”
It said the commissioning of the 50 MW solar plant increases the cumulative solar capacity of the company in Punjab to 80 (rpt) 80 MWs.
Situated in the cotton farming region of Punjab, the solar plant is part of the drive to promote clean energy and turn farmers into green energy entrepreneurs, it added.
According to Ratul Puri, Chairman Hindustan Power, “By comparing high-resolution solar resource data at various locations, we were able to identify, and secure investments in the most promising sites for solar photovoltaic power plants in Punjab. Hence, we were able to invest Rs 525 crores and quickly ramp up the cumulative capacity of the company in Punjab to 80 (rpt) 80 MW over last 9 months.”
The project was awarded by the Punjab Energy Development Agency on Bidding Route and the PPA has been signed with Punjab State Power Corporation Limited (PSPCL)
Image Credit : livemint.com