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.
The PV IndiaTech 2020 conference will continue to bring together all key domestic and overseas stakeholders, including government bodies, investors, and the leading companies today from manufacturing to O&M and asset management. To thrive globally as a major PV power beyond 2020, India has to succeed in unlocking its potential both to manufacture and to lay claim to quality utility-scale solar farms that are providing high returns on investment to site owners.