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Green energy purchase: Punjab's loss is HP's gain
Hindustan Times Amritsar
|January 08, 2025
After PSERC rejected deal, hill state swiftly signed PPA with Solar Energy Corporation of India to buy 900MW of wind-solar hybrid power
CHANDIGARH: Himachal Pradesh has secured 900MW of green energy by swiftly approving the purchase of wind-solar hybrid power from the Solar Energy Corporation of India (SECI), a deal rejected earlier by the Punjab State Electricity Regulatory Commission (PSERC).
While Punjab State Power Corporation Limited (PSPCL) was planning to appeal against the PSERC decision, the Himachal Pradesh government didn't give it a chance by promptly agreeing to the SECI rate and signing the power purchase agreement. Earlier, this PPA was with the PSPCL, but the PSERC didn't approve it. The Himachal Pradesh Electricity Regulatory Commission (HPERC) approved the power procurement on December 17, 2024, allowing the state to tap into affordable renewable energy and positioning it as a leader in sustainable energy adoption.
Deal rejected over transmission charges of 7 paise per unit
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Hindustan Times Amritsar
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