Karnataka launches tender for 1.2 GW solar power

The southern Indian state of Karnataka has launched yet another tender for solar power projects under the state solar power policy.

Karnataka Renewable Energy Development Limited has launched a tender calling for proposal to set up a cumulative total of 1.2 GW solar power capacity. Solar power projects will be set up in each of the 60 talukas, or subdivisions, of districts. Each taluka would host projects with capacity between 3 MW and 20 MW, and prospective developers will only be allowed one bid per taluka.

Successful bidders will have up to a year to set up the projects from the date of signing the power purchase agreement. The Government has also included some conditions regarding use of local equipment in the tender. The restrictions, however, will be applicable only for a maximum of 100 MW capacity in 5 specific talukas. As per these conditions, assembly and quality checks of the modules shall be done at facilities in Karnataka only. Raw material for manufacturing crystalline and thin-film modules may be imported.

The last date to submit bids for setting up projects is 2 December. It will be interesting to see the bidding trend for this tender as this will be first auction after the Andhra Pradesh auction of 500 MW capacity under the National Solar Mission. SunEdison secured the entire capacity of 500 MW at record-low tariff of Rs 4.63/kWh.

Article sourced

Leave a Reply

Your email address will not be published. Required fields are marked *