Daily News Wrap-Up: Transmission System Approved for 1.5 GW Solar Power in Karnataka
Average cost of large-scale solar projects Up 7.3% YoY in 2022
March 1, 2023
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The Central Electricity Regulatory Commission (CERC) recently granted a transmission license to Gadag II-A Transmission to establish a transmission system for the solar energy zone in Gadag (1.5 GW). It directed the Central Electricity Authority to monitor the execution of the project and bring to its notice any lapse on the licensee’s part to meet the project’s completion schedule. Gadag II-A Transmission, a special purpose vehicle of ReNew Transmission Ventures, had filed a petition to develop a transmission system for the solar energy zone on a build, own, operate, and transfer basis.