INSUBCONTINENT EXCLUSIVE:
Lowest (L1) Bidders for a significant renewable energy project floated by NHPC Limited.On July 16, 2025, the company announced through an
ISTS-connected solar power projects, combined with 600 MW/2400 MWh of energy storage systems (ESS)
The contract was awarded via the Tariff-Based Competitive Bidding (TBCB) process at a quoted tariff of Rs 3.13 per kWh.As part of this
tender, PNC Infratech has been awarded a 300 MW solar project, along with a 150 MW / 600 MWh energy storage system, to be developed anywhere
in India under ISTS guidelines
The award was finalized via an online reverse auction held on 15th July 2025.Key Details of the Award:Awarding Agency: NHPC Limited (as
Renewable Energy Implementing Agency)Project Size: 300 MW solar + 150 MW / 600 MWh energy storageQuoted Tariff: Rs 3.13/kWhExecution
Timeline: Project supply to begin within 24 months from PPA signing; PPA tenure is 25 yearsThis win marks another strategic step for PNC
OverviewThe stock had touched its 52-week high of Rs 534 on 16th July 2024, while the 52-week low stands at Rs 240, indicating a wide
trading range over the past year.
Live EventsFrom a technical standpoint, the stock is in a bullish zone, trading above all 8 key Simple
