STATE
Punjab has a population of 27.7 million and as much as 82% of it’s land under cultivation. Given it's long history of high agriculture yield, the prosperous state has good road, rail and air transport connectivity and infrastructure facilities. It provides investment opportunities in sectors such as textiles, agro-based industries, IT, automotive and auto components, sports goods and light engineering goods.
Installed Solar Capacity
Electricity Generation from Solar
Net Metering Policy
System size and grid integration
  • LT single phase
    < 7 kW
    LT three phase
    7 kW–100 kW
    HT
    Above 100 kW
  • Maximum capacity w.r.t sanctioned load
    80%
Key Players
  • Acme Solar Holdings
  • Adani Green Energy
  • Avaada Energy
  • Azure Power
  • Greenko Energy Holdings
  • Hero Future Energies
  • NLC
  • NTPC
  • Renew Power
  • Tata Power
  • Amplus Solar
  • Azure
  • Cleanmax Solar
  • Fourth Partner
  • Oakridge Solar
  • Renew Power
  • SunSource
  • Tata Power Solar Systems Ltd.
  • Think Energy
  • Vivaan Solar
  • DBS
  • ICICI Bank
  • IDFC
  • IREDA
  • PFC
  • Punjab National Bank
  • SBI Caps
  • State Bank of India
  • Sunvest Capital
  • Yes Bank
  • Abu Dhabi Investment Authority (ADIA)
  • Actis
  • APG Asset Management NV
  • Canadian Pension Fund
  • Engie SA
  • GIC Private Limited
  • JERA, Japan
  • Piramal Enterprises
  • Emmvee Photovoltaics Private Limited
  • Goldi Green Technologies Pvt. Ltd.
  • Mundra Solar
  • Navitas Green Solutions Pvt. Ltd
  • Renewsys
  • Satvik Green Energy Pvt Ltd
  • Tata Power Solar Systems Ltd.
  • Vikram Solar
  • Waaree Solar
  • ABB LTD
  • Bosch
  • First Solar
  • L&T ECC
  • Mahindra Susten
  • Moser Baer Ltd
  • Punj Lloyd Delta Renewables Pvt Ltd
  • Sterling & Wilson
  • Sunsure
  • Vikram Solar
  • Asea Brown Boveri Ltd (ABB)
  • Delta Electronics India
  • Fronius India Pvt Ltd
  • GoodWe
  • Huawei
  • SMA India
  • Sofar Solar
  • Solis
  • Sungrow
  • Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC)
Graphs have been developed using HIGHCHARTS software under the Creative Commons Attribution-NonCommercial 3.0 License
Key Indicators
  • State solar target
    4772 MWp
    By MNRE for 2022
  • Installed solar capacity (November 2020)
    947 MW
    Ranked 10th in India
  • Solar projects installed in 2019-20
    41 MW
    Ranked 9th in net addition
  • Share of state in 2019-20
    2.71 %
    in electricity generated from solar in India
  • Installed capacity of grid connected rooftop
    119 MW
    as of March 2020
Applicable GST Rates
Indirect Taxes
BIS Certified Solar Modules