NHPC awards contract of 300 MW out of 1200 MW ISTS Solar Power Project to PNC Infratech
PNC Infratech Ltd has emerged as one of the Lowest (L1) Bidders in a tender floated by NHPC Limited.
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 600MW2400MWh Energy Storage Systems (ESS) on anywhere in India basis under Tariff Based Competitive Bidding (TBCB) with Green Shoe Option" at a quoted price of Rs. 3.13/kwh.
The company stated that out of the above-mentioned total quantity, it has been allotted 300 MW ISTS Solar Power Project with 150MW600MWh Energy Storage System (ESS) at the said quoted price through electronic (online) reverse action mechanism held on 15.7.2025.
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The Broad consideration of the size of the order is Rs.3.13/kWh.
The Time Period by which the order is to be executed is Scheduled Commencement of Supply Date (SCSD) shall be 24 months from the Effective Date of PPA (Power Purchase Agreement).
Meanwhile, the PPA (operation period) shall be for a period of 25 years from the SCSD.
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