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Project Commissioning Delay Causes Solar Developer to Pay for Damages in Karnataka

Welspun Renewables Energy Private Limited files and loses its petition against BESCOM, KREDL, and KPTCL

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The Karnataka Electricity Regulatory Commission (KERC) has passed an order stating that Welspun Renewables Energy Private Limited is entitled to a tariff of ₹7.01 (~$0.098)/kWh for its 16 MW solar project, while a tariff of ₹6. 51 (~$0.091)/kWh will apply to another 34 MW of solar project. These tariffs will apply for a period of 25 years.

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