PNC Infratech has received a Letter of Award from NHPC to develop a 300 MW ISTS-connected solar project with a 150 MW/600 MWh energy storage system. This is part of NHPC’s 1.2 GW solar and 600 MW/2400 MWh storage tender. PNC won through tariff-based competitive bidding and reverse auction, quoting ₹3.
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