300 MW solar projects to come up in Punjab
The state government of Punjab is planning to take up Solar Power Photovoltaic (PV) projects with a total capacity of 300 MW. Projects include 200 MW Canal Top Solar PV Power Projects and 100 MW Floating Solar PV Power Projects on reservoirs and lakes. As per the information the proposed 200 MW Canal Top Solar Project would be installed in a phased manner, with 50 MW installed in the first phase.
These projects will be executed in Build, Operate and Own (BOO) mode by Punjab Energy Development Agency (PEDA). The cost of the Canal Top Solar PV Projects is expected to be around Rs 5 crore per MW after taking into consideration 20 percent Viability Gap Funding (VGF).
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