Giriraj Renewables and Asian Fab Tec (AFT) have been awarded solar projects in Uttar by Karnataka Renewable Energy Development. Giriraj has secured three 50 MW solar projects at a tariff of INR2.92 ($0.04) per kWh, while AFT won five 20 MW schemes at INR2.89/kWh. The auction saw 200 MW originally tendered, but only 100 MW has so far been allocated.
Giriraj Renewables and Asian Fab Tec (AFT) have been awarded solar projects in India by Karnataka Renewable Energy Development. Giriraj has secured three 50 MW solar projects at a tariff of INR2.92 ($0.04) per kWh, while AFT won five 20 MW schemes at INR2.89/kWh. The auction saw 200 MW originally tendered, but only 100 MW has so far been allocated.