Karnataka KREDL Issues RFP and Draft PPA for bidding of 500MW Solar PV Projects

Karnataka Renewable Energy Development Ltd. (“Authority”/ “KREDL”) incorporated under the Companies Act, 1956 is a nodal agency of the Government of Karnataka to facilitate the development of renewable energy in the State of Karnataka.

KREDL processes all applications received for setting up of renewable energy generating plants and based on their recommendation, Government of Karnataka (“GoK”) approves and grants rights to such independent power producers to set up their generation plants in the State.

Subsequently, KREDL also monitors progress of various renewable energy projects in the State. GoK intends to undertake development of 500 (Five Hundred) MW of solar thermal and/or solar PV power plants in the State of Karnataka (hereinafter referred to individually as the “Project” and collectively referred as the “Projects”). GoK has, through KREDL, decided to carry out the bidding process for selection of the Bidders to whom the Project(s) may be awarded.

Bidders are allowed to bid for one or more Project(s) based on the Eligibility Criteria stipulated in this RFP.

This RFP document is common for all the Projects. It may be noted, however, that for all intents and purposes the Projects are independent of each other and the Bidder shall, as part of its Financial Bid, submit separate Effective Tariff (as defined in Clause 1.2.5) for each of the Project for which it is submitting its Bids in accordance with this RFP document. Separate agreements shall have to be entered for each Project with concerned electricity supply company (“ESCOMS”) (hereinafter referred to as the “Power Purchase Agreement”).

Click here for

1. RFP_KREDL_500 MW solar projects_ 190614

2. Draft PPA_KREDL_500 MW solar projects_180614

About Ritesh Pothan

Ritesh Pothan, is an accomplished speaker and visionary in the Solar Energy space in India. Ritesh is from an Engineering Background with a Master’s Degree in Technology and had spent more than a decade as the Infrastructure Head for a public limited company with the last 9 years dedicated to Solar and Renewable Energy. He also runs the 2 largest India focused renewable energy groups on LinkedIn - Solar - India and Renewables - India
This entry was posted in CSP, Grid Connected, India, Karnataka, PV, Renewables, Solar, Thin Film and tagged , , , , , , , . Bookmark the permalink.