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Punjab Regulator Rejects PSPCL’s ₹3.10/kWh Fixed Solar Tariff Proposal

The Commission mandated competitive bidding for PSPCL’s 1,000 MW solar procurement

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The Punjab State Electricity Regulatory Commission (PSERC) has rejected the Punjab State Power Corporation’s (PSPCL) proposal to set a generic levelized tariff of ₹3.10 (~$0.036)/kWh for procuring 1,000 MW solar power from 1 MW to 5 MW projects.

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