Karnataka is inviting bids for solar projects worth 80 megawatts (MW). A draft of the power purchase agreements (PPAs) offered under the policy has also been released. Criticism is aimed at both the lack of experience required for developers, and the benchmark tariffs set. Under its new solar policy introduced last month, 30 MW of solar thermal and 50 MW of photovoltaic projects will be selected on the basis of the discounts offered by developers on the benchmark tariffs of INR 14.50 ($0.36) per kilowatt hour (kWh), as defined by the Karnataka Electricity Regulatory Commission (KERC). Furthermore, developers will sell their power to state distribution companies (DISCOMS). Karnataka has set the submissions deadline, for requests for selection (RfS), for October 20 2011.
Industry's Buzz
AM Intelligence to Deploy 9,000 Nvidia Rubin GPUs in Hyderabad
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Data...
Aheesa Partners With Zigma to Take Indigenous VIHAAN-I Networking Chip to Market
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Bengaluru Based Airbound Raises $37 Million in Series A Funding to Expand Its Drone...
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Indian aerospace...
Avaada Electro Files UDRHP for ₹7,600 Crore IPO
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Avaada Electro has moved closer...
Homegrown IndieSemiC Launches Wi-Fi Module for IP Cameras and CCTV
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Learn From Leaders
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How A Material Thinner Than Human Hair Could Transform EV Batteries And Electronics –...
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While AI and software startups attract attention and capital, electronics ventures often struggle for both. Raja Rajeev Kumar from IIT Startups, LaxmiRamaVarma Holdings International...
Startups
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Two friends, Ram Anant and Preetam Tadeparthy, were working...
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