Last Updated: 24 Dec 2024
-- 2.4x increase in total solar energy production
-- 36% Drop in Average Cost
AAP Punjab Govt signed Solar Power PPAs at avg cost of ₹2.51/unit[1]
Cumulative installed capacity for Punjab: 2,574 MW[2]
-- 40% i.e. 1000+ MW under AAP Govt
-- Additional ~3000 MW are under commissioning
During Earlier Govts, average cost of solar power is ₹6.50/unit[1:1]
| Year | Solar Energy units produced |
|---|---|
| 2021-22 | 1,493 million units |
| 2022-23 | 2,729 million units |
| 2024-25 (expected) | 3,629 million units |
| Govt | Power PPAs | Cost | Process |
|---|---|---|---|
| Congress/Akali/BJP | 1,266.6 MW | ₹6.50/unit | NO bidding |
| AAP | 2,800 MW | ₹2.51/unit | 1. Reverse bidding 2. Fixed Max Price |
| AAP | 264 MW (66 solar plants; 4 MW capacity each) | ₹2.38/unit | Bidding with 25 year contract |
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