Mercom Insider

KREDL to Penalize Delays, Amends Guidelines for 860 MW Solar PV Tender

If project commissioning is delayed by three months, then the tariff in the PPA will fall to 80 percent of the tariff quoted by the project developer

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Karnataka Renewable Energy Development Limited (KREDL) has amended the regulations for 860 MW of grid-connected solar photovoltaic (PV) projects that were tendered in December 2017 for 43 taluks in the state.

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