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Karnataka Budget 2018-19: What’s in it for Renewables, Solar

State’s Kalaburagi district to be developed as Bharath Solar District

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The Chief Minister of Karnataka, H.D. Kumaraswamy, presented the state budget for financial year (FY) 2018-19. The budget seems to have paid little heed to the expansion of renewable energy sector, given the impressive strides taken by the state in the field of renewable energy in the past few years.  According to Mercom’s India Solar Project Tracker, Karnataka is the top solar state in the country with installed large-scale solar capacity of over 5.1 GW and has a development pipeline of ~1.6 GW.

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