The off-taker for all the projects will be BESCOM. Credit: Government of Karnataka
Karnataka Renewable Energy Development Limited (KREDL) has awarded 150MW (3x50MW) of solar projects to Giriraj Renewables at a tariff of INR2.92/kWh (US$0.04), and awarded 100MW (5x20MW) to Asian Fab Tec with a tariff of INR2.89/kWh (US$0.039).
The off-taker for all the projects will be BESCOM. Asian Fab Tec’s five projects are spread across different talukas. Originally 200MW of capacity had been tendered, but only 100MW has been allotted so far.
Indian state-run power giant NTPC recently issued a tender for 60MW wind and 130MW solar hybrid energy project on a turnkey basis at its super thermal power station NTPC-Kudgi in Karnataka.
Solar & Storage Finance Asia returning to Singapore for its 5th edition, will be the meeting point for developers, financiers and investors across the region. Explore in depth the opportunities of the different countries via case studies, business and financial models that will foster growth in the region with particular focus on Thailand, Philippines, Indonesia, Taiwan, Korea, Cambodia, Singapore, Malaysia & Vietnam. The programme has been designed to enable you to win business and understand new opportunities in the market. Key topics include floating solar, project finance for PPAs, modernization of the grid and strategies for structuring and designing hybrid deals.