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 Indian state of Karnataka has released another set of letters of Approval (LOAs), this time for 260MW of solar PV capacity that were allotted in its dispersed 1.2GW solar auction in March.
