PNC Infratech has emerged as one of the Lowest (L1) Bidders in a tender floated by NHPC for setting up of 1200 MW ISTS (Inter State Transmission System) Connected Solar Power Projects with 600MW/2400MWh Energy Storage Systems (ESS) on anywhere in India basis under Tariff Based Competitive Bidding (TBCB) with Green Shoe Option at a quoted price of Rs 3.13/kwh. Out of the above-mentioned total quantity, the company has been allotted 300 MW ISTS Solar Power Project with 150MW/600MWh ESS at the said quoted price.

The Scheduled Commencement of Supply Date (SCSD) shall be 24 months from the Effective Date of PPA (Power Purchase Agreement). Further, PPA (operation period) shall be for a period of 25 years from the SCSD.

PNC Infratech is an infrastructure construction, development and management company, with expertise in execution of major infrastructure projects, including highways, bridges, flyovers, airport runways, power transmission lines, development of industrial areas and other infrastructure activities.