KREDL

Karnataka Solar – KREDL releases list of bidders; 8 Developers Pocket 500 MWs

1 Comment / Karnataka, Solar, Solar PV /

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 […]

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Karnataka Solar – Financial Bid results for 50 MW announced, Azure lowest bidder @Rs.6.66/kWh

1 Comment / Karnataka, Solar, Solar PV /

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

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