Karnataka puts a stop on new solar energy projects
The Karnataka Electricity Regulatory Commission has said there will be no further bidding to procure solar energy from large-scale projects till further orders
Since Karnataka is a power-surplus state, the commission wants to restrict procurement from high-cost energy sources
Mumbai: In a first, Karnataka has stopped the building of new solar energy projects, balancing its renewable power purchase obligations and concerns on the financial health of the state’s power distribution companies (discoms). Last month, the Karnataka Electricity Regulatory Commission said there will be no further bidding to procure solar energy from large-scale projects till further orders.