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 »
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 »
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
