The estimated project cost for 25 years is Rs 1500 crore. Bids can be submitted till October 21, along with Rs 50 lakh as bank guarantee.
A memorandum of understanding signed by the institutions was not solar specific but the use of PV modules for shading, especially in agriculture, can reduce water consumption and help halt the expansion of deserts.
October 16 is the bidding deadline for rooftop and ground-mounted solar plants that are to set up in various sizes—10 KWp or smaller, 11-100 KWp, above 100 kWp and combinations thereof—within consumer premises across the state.
Karnataka has snagged the top spot on the Ministry of New and Renewable Energy’s State Rooftop Solar Attractiveness Index.
The solar tree—costing around Rs 3 lakh for 3 kW capacity—auto tracks the sun to generate 10-15% extra power.
Gujarat’s total installed solar capacity has crossed the 2.6 GW mark, according to the latest data released by the Gujarat Energy Development Agency (GEDA).
The cost of solar power generation in India has fallen to half the level seen in many other markets in the region due to extensive solar resource, market scale and competition.
RK Singh told the upper house of the Indian parliament yesterday the nation had added 780 MW of new generation capacity in the last two years. The share of renewables in India’s power mix is rising too, but not fast enough to ensure electricity supply for all.
Maharashtra, Rajasthan, Gujarat, Karnataka and Tamil Nadu were the top five states by annual installation, accounting for 60% of the new capacity.
Up to Rs7 lakh of funding assistance per megawatt will be available to developers who deploy PV capacity for consumption by public entities. The energy produced will be supplied with a Rs3.50/kWh ceiling tariff and projects will be subject to strict domestic content requirements.
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