SAEL, Waaree, MB Power, and JLTM Energy Win PSPCL’s 500 MW Solar Auction
The tender was floated in January this year
April 23, 2026
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SAEL Industries, Waaree Forever Energies (a subsidiary of Waaree Energies), MB Power (Madhya Pradesh) (a subsidiary of Hindustan Power), and JLTM Energy India (a subsidiary of Technique Solaire) have won the Punjab State Power Corporation’s (PSPCL) auction to procure 500 MW of solar power from projects located anywhere in the country on a long-term basis.
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Rakesh Ranjan
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