Karnataka Proposes Capital Cost of ₹37.33 Million/MW for Solar Projects
The KERC has considered the imposition of safeguard duty and GST while computing the cost
June 20, 2019
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The Karnataka Electricity Regulatory Commission (KERC) has proposed a capital cost of ₹37.33 million (~$0.54)/MW for solar photovoltaic (PV) projects to be developed in Karnataka. The KERC proposal follows a discussion paper issued by the commission in February 2019 in which it had proposed a lower ₹31.4 million (~$0.44 million)/MW as the capital cost for solar PV projects.
Saumy Prateek
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