Mahindra Electric, a part of diversified Mahindra group, today said it plans to invest an additional Rs 400 crore in its Karnatakafacility over the next five years to ramp up capacity as well as set up testing infrastructure for batteries.
ArcelorMIttal, which earlier this week submitted a bid to acquire Essar Steel, has said it exploring the possibility of establishing a 600 MW solar farm by utilizing the land in Karnataka originally allotted to it for a proposed $6.5 billion project to set up a 6 million tonne greenfield steel plant. The company said its decision was prompted […]
Karnataka has got a budget outlay of Rs 3,353 crore in this year’s Rail budget. The doubling of the Baiyyappanahalli-Hosur and Yeswanthpur-Channasandra railway lines have been sanctioned, apart from electrification of the 989km line worth Rs 919 crore.
A tender for 760 MW of grid-connected solar project in the Indian state of Karnataka has attracted bids of as low as INR 2.94 (USD 0.046/EUR 0.037) per kWh, consultancy Mercom Capital reports. The capacity, auctioned by the Karnataka Renewable Energy Development Limited (KREDL), will be installed at 38 taluks in the state. The highest proposed tariff […]
Solar tariffs rose sharply from their lowest level in the latest solar auction of 860 MW conducted by Karnataka’s Renewable Energy Development Ltd (KREDL). The lowest price was Rs 2.94 per unit, way above the winning tariffs of Rs 2.47 and Rs 2.44 per unit at the last two auctions in Rajasthan in December and May last year respectively.
Goyal was replying to K H Muniyappa of the Congress in the Lok Sabha. He was asked whether the Karnataka Power Minister (D K Shivakumar) repeatedly requested the Centre to solve the coal problem in the state.
Tata Power Renewable Energy Ltd. (TPREL), one of India’s largest renewable energy company, on Tuesday announced the commissioning of its 50 MW DCR solar plant at Pavagada Solar Park in Karnataka.
Apprehensions of load shedding in the run-up to the Assembly election due to hiccups in the supply of coal has forced the Siddaramaiah government to look at the import option immediately to avoid load shedding next summer when the state is set to go to polls.
Karnataka’s power regulator has finally started approving old power purchase agreements (PPAs) with wind energy developers
India’s largest solar power park, in Karnataka, will witness a re-tendering of 200 megawatts of capacity shortly.