India’s Karnataka plans to triple solar targets to 6GW

Karnataka is already on course to meet this new target. Credit: tata

The Indian state of Karnataka is planning to increase its solar energy targets to 6GW, up from the 2GW set in 2014.

The previous target was set for 1,600MW of utility-scale solar and 400MW rooftop PV at a time when the Renewable Purchase Obligation (RPO) was set at 3% across India. Karnataka is now revising its goals to be in line with 8% RPO target.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Mudit Jain consultant at Bridge to India told PV Tech: “It is not unusual for the states to increase the target. It is determined by RPO.”

Jain added that Karnataka is already on course to meet this new target, having released tenders for more than 2GW of utility-scale PV and signed more than 200MW of rooftop tenders.

Furthermore, India’s largest utility NTPC has a tender of 600MW and the Solar Energy Corporation of India (SECI) has a 1GW tender for private independent power producers.

NTPC is also developing 1GW for its own portfolio in Karnataka, said Jain.

While states such as Odisha and Uttar Pradesh have seen extensions or legal stays on their RPO targets, others such as Telangana, Andhra Pradesh, Karnataka and Jharkhand are rapidly scaling up their solar programmes and going far beyond their RPO targets, according to Bridge to India.

In a blog for PV Tech yesterday, Jasmeet Khurana, associate director, consulting, Bridge to India, yesterday singled out Karnataka as one of the Indian states likely to see curtailment of solar power in the near future, along with Andhra Pradesh, Jharkhand and Telangana.

Bridge to India believes that the future risk of curtailment of power due to grid congestion, especially in high renewable penetration areas, can upset project cash flows and return expectations.

Karnataka also recently revised its tariff for small-scale and rooftop solar systems downwards in the range of 25-45% in response to a reduction in the capital costs of solar.

Read Next

May 24, 2024
Waaree Energies has signed an agreement to supply 445MW of modules to Statkraft India for a project in Bikaner, Rajasthan.
May 24, 2024
Indian solar installations increased by over 400% in the first quarter of 2024 to the highest quarterly deployment levels in its history.
May 23, 2024
How VPPs could help reduce solar PV curtailment in California, while also helping financially to install a solar array and storage.
May 16, 2024
US independent power producer (IPP) Enfinity Global has secured US$135 million in financing for a 1.2GW solar and wind portfolio in India.
May 15, 2024
Currently, India is striving to localise its solar supply chain but it remains tethered to international imports, writes Ali Imran Naqvi, CEO of advisory firm Gensol Group.
May 10, 2024
Rising pollution in India, is impacting the annual revenue of Indian solar power plants, industry analysts tell PV Tech Premium.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
May 29, 2024
11am (EDT) / 5pm (CEST)
Solar Media Events
June 4, 2024
London, UK
Upcoming Webinars
June 11, 2024
3:00 PM (BST) / 4:00 PM (CEST)
Solar Media Events
July 2, 2024
Athens, Greece