RENEWABLE ENERGY

Punjab CM asks PSPCL to go for cost-effective, cleaner power

To provide quality power to consumers across the state, Punjab Chief Minister Charanjit Singh Channi on Friday asked PSPCL to go for clean and green power at a competitive price.

Chairing a meeting with officials of Punjab State Power Corporation Ltd (PSPCL), the chief minister said solar power is cost-effective and reliable besides being clean. Green source of energy would go a long way in ensuring a healthy and pollution-free environment, he said.

PSPCL Chairman and Managing Director A Venu Prasad informed the chief minister that PSPCL has floated two tenders for procurement of a total of 500-megawatt solar power.

Out of this, 250 MW solar power is planned to be procured from solar power projects located anywhere in India with a ceiling tariff of Rs 2.50 per kWh (kilowatt-hour), according to an official statement issued here.

Apart from this, another 250 MW of solar power would be purchased from solar power projects located anywhere in Punjab with a ceiling tariff of Rs 2.70 per Kwh, Prasad said.

Source
ET Energy World
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