The Indian state of Karnataka has released a request for proposals (RFP) for 130 MW of solar photovoltaic (PV) and concentrating solar power (CSP) projects.
The solicitation will use a reverse bidding process, against a benchmark tariff of INR 14.5 (USD 0.266) per kWh for PV and INR 11.3 (USD 0.207) for CSP. Bids must be entered by March 28th, 2013.
The use of the reverse bidding process is notable, given that many states have chosen to use the L1 bidding process instead.
Developers can bid on any number of projects, but will be awarded no more than 10 MW per bidding group, in projects 3