PNC Infratech emerges lowest bidder for NHPC's solar power/ESS tender

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 Energy Storage System (ESS) at the said quoted price through electronic (online) reverse action mechanism held on 15 July 2025.

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