The Punjab State Electricity Regulatory Commission (PSERC) approved the procurement of 500 MW of solar-wind hybrid power from the Solar Energy Corporation of India (SECI) at a tariff of ₹2.69 (~$0.036)/kWh with a trading margin of ₹0.02 (~$0.0002)/kWh. The Commission directed the Punjab State Power Corporation Limited (PSPCL) to execute the amended power sale agreement (PSA) at the approved tariff and trading margin and submit a copy with the Commission within 15 days from the date of the issuance of the order.