Punjab 2 is a 34 MW project that commenced full commercial operations in October 2014. Three different PPAs were signed in December 2013 with Punjab State Power Corporation Limited at a tariff rate of Rs. 7.67 (15 MW), Rs.7.97 (15 MW) and Rs. 8.28 (4 MW) per kilowatt hour for 25 years.
Punjab 1 is a 2 MW project that was commissioned in 2009. The offtaker for the project is NTPC Vidyut Vyapar Nigam Limited, with a tariff of Rs. 17.91 per kilowatt hour for a period of 25 years. This was also the first private utility scale solar project built in India, making us the longest tenured private solar power generating company in India.
Punjab 3 is a 28 MW project that commenced commercial operations in January 2016. Two different PPAs were signed with Punjab State Power Corporation Limited in March 2015 with a tariff of Rs. 7.19 (24 MW) and 7.33 per (4 MW) per kilowatt hour for 25 years.
Punjab 4 is a 150 MW project, representing a portfolio of three projects of 50 MW each, for which PPA was signed with Punjab State Power Corporation Limited at a weighted average tariff of Rs 5.63 per kilowatt hour for 25 years.