The reference capital cost for developing solar projects in Karnataka has risen this year despite continuing falls in component prices.
India’s leading solar region has been forced to apply the brakes to new solar with its power distribution companies having fulfilled their renewable purchase obligations for the next two years. Projects driven by federal agencies will continue, however.
For 1.2 GW tender, Karnataka Renewable Energy Development Ltd (KREDL) had received bids only for 550 MW capacity. KREDL has now retendered the remaining 650 MW grid-connected solar PV project to be installed at Pavagada Solar Park in Karnataka.
Karnataka’s Chief Minister Siddaramaiah inaugurated the Pavagada Solar Park in Karnataka last week.
The KREDL tender for a 55 MW solar project was won by a joint venture between Think Energy and EverStream Capital Management. The JV has also won 23.39 MW of rooftop capacity under a SECI auction.
Karnataka Renewable Energy Development Ltd (KREDL) has announced a 1.2 GW tender for a grid-connected ground-mounted solar PV project to be installed in the Pavagada Solar Park.
The state’s Karnataka Renewable Energy Development Limited (KREDL) announces tender for 43 individual solar plants located in taluks – small districts dotted across the state of Karnataka.
The Karnataka renewable energy development limited (KREDL) has reissued the tender for Pavagada 200 MW solar park that was withdrawn in August 2017.
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