3 developers – SunEdison, Azure and Welspun together bag more than 75% of the total 500 MW that was put up for bidding by Karnataka Renewable Energy Development Ltd(KREDL). While 30 developers had placed a total of 68 bids, only 8 bidders won. Interestingly, 13 bids were sub – Rs. 7/kWh mark, and only 3 bids were […]
Karnataka Solar – KREDL releases list of bidders; 8 Developers Pocket 500 MWs Read More »
In a major boost for Solar Power Generators, the Karnataka Electricity Regulatory Commission(KERC) has released an order on exemption of Wheeling Charges, Banking Charges and cross subsidy surcharge for a period of ten years from the date of commissioning a plant. This is applicable for all solar power generators in the State achieving commercial operation date (CoD)
Azure Power has emerged as the lowest bidder in the tender for allocation of 50 MW in Karnataka which was initiated in April 2014(More here). Other winners include KK Rao Engineering Works(3 MW), Bhadresh Trading Corporation(10 MW), Dosti Realty(10 MW), Interocean Shipping India(3 MW), Sharda Construction and Corporation(4 MW) and Emami Power(10 MW). The unsuccessful
Less than a month after released a revised state Solar policy(click here), the state of Karnataka has floated a Request for Proposal(RfP) for 500 MW of Solar PV and/or Thermal projects. The Bid submission due date is August 20, 2014 and the bid opening(except financial bid) is September 1, 2014. A pre-bid conference is scheduled
Karnataka floats RfP for 500 MW of solar projects Read More »
Karnataka Renewable Energy Development Limited(KREDL) has released the Request for Proposal for the Phase 3 of the state’s solar policy. It is understood that this RFP was necessitated after some of the lowest winning bidders from the previous tendering process had declined to sign the Power Purchase Agreements(PPA) citing unviability of their projects at the
Karnataka releases RFP for allocation of 50 MW Solar projects Read More »
When Solairedirect quoted Rs. 7.49/kWh for a 5 MW plant allocation under the Phase 1Batch 2 of JNNSM in December 2011, the news sent shock waves through the industry and it was thought at that time that the bottom price has been reached. But just when you think that the lowest bids under a solar
Karnataka Solar – Welspun, Azure, Astonfield among winners Read More »
Dear Patrons and Readers of RESolve blogs, It is my pleasure to share with you the “Solar Updates in States” Map. Solar in India is no longer restricted to the central programme of Jawaharlal Nehru National Solar Mission(JNNSM), administered by the Ministry of New and Renewable Energy(MNRE). More and more states have come up with
The Ministry of Power(MoP) has released its First Annual Integrated Rating of the State Electricity Distribution Utilities. The ratings were carried out by the rating agencies- ICRA Limited and CARE. In total, 39 state utilities from 20 states were rated and the utilities from Gujarat came on top with excellent ratings whereas the
Karnataka is the latest state to release an RfP for allocation of projects totaling 130 MW. Karnataka follows Tamil Nadu, Andhra Pradesh, Rajasthan, Bihar and Odhisha in releasing an RfP. Unlike most of the recent tenders, Karnataka has not opted for L1 process for project allocation. Instead, it will be similar to the reverse bidding
Karnataka Solar – RfP for 130 MW released ; No L1 process Read More »
Rooftop PV has been seeing lot of action recently. Several state governments have started promoting solar rooftop programmes mainly as pilot projects in cities. First, it was Gujarat, and soon Kerala followed suit. (For a comparison of the two programmes, click here). Tamil Nadu also stresses the importance of rooftop PV in achieving its target
