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Karnataka begins tendering process for 130 MW solar projects

According to reports, Karnataka is the latest state to release an RfP for allocation of projects totaling 130 MW. Karnataka follows Tamil Nadu, Andhra Pradesh, Rajasthan, Bihar and Odhisha in releasing an RfP.

Unlike most of the recent tenders, Karnataka has not opted for L1 process for project allocation. Instead, it will be similar to the reverse bidding conducted under the JNNSM Phase 1.

The benchmark tariff as notified by the Karnataka Electricity Regulatory Commission(KERC) are as follows.

Solar PV – Rs. 14.50/kWh

Solar Thermal – Rs. 11.35/kWh.

Bidders have to offer a discount on these prices.

The objective is to meet the Renewable Purchase Obligations(RPO) for the state. Bidders can bid for any number of projects, but the total allocation will be limited to 10 MW per bidding group and size of an individual project – 3 MW minimum and 10 MW maximum.

Pre-bid meeting will take place on March 12, 2013 and the bid submission due date will be March 28,2013. The bids(except financial bids) will be opened on April 1, 2013.

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