Punjab Govt taps solar power; at 1/3rd cost of earlier Govts

Updated: 3/22/2025
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Last Updated: 30 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]

Details: March 2022 to October 2024[2:1]

  • Cost expected to drop to Rs 4.24 per unit by 2024-25 from Rs 6.59 per unit in 2021-22
  • Total installed capacity (including from outside-state contributions) increased from 1,556 MW to 2,574 MW
  • Rooftop Solar Installations: Installation capacity increased from 157 MW to 430 MW till Dec 2024[3]
Year Solar Energy units produced
2021-22 1,493 million units
2022-23 2,729 million units
2024-25 (expected) 3,629 million units

Comparison with Earlier Govts

Govt Power PPAs Cost Process
Congress/Akali/BJP 1,266.6 MW[1:2] ₹6.50/unit NO bidding
AAP 3704 MW[4] ₹2.33 to ₹2.76/unit 1. Reverse bidding
2. Fixed Max Price
AAP 264 MW[3:1] (66 solar plants; 4 MW capacity each) ₹2.38/unit Bidding with 25 year contract
AAP 900 MW[3:2] (Hybrid Solar + Wind) ₹3.22 - ₹3.28/unit

New Tenders[1:3]

  • This includes a 1,000 MW solar power plant in Punjab itself

References:

  1. https://www.hindustantimes.com/cities/chandigarh-news/punjab-taps-solar-power-to-bring-down-purchase-cost-101704820640939.html ↩︎ ↩︎ ↩︎ ↩︎

  2. https://www.tribuneindia.com/news/schools/now-punjab-aims-for-a-green-energy-revolution/ ↩︎ ↩︎

  3. https://yespunjab.com/punjab-goes-green-66-solar-power-plants-to-reduce-reliance-on-fossil-fuels-aman-arora/ ↩︎ ↩︎ ↩︎

  4. https://www.babushahi.com/full-news.php?id=196905 ↩︎

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