Karnataka awards 250 MW solar project to Pace Digitek
after close1 source ↓written by the desknot a recommendation
- tender from Karnataka
- ₹17,750 cr
- Limited
- 250 MWAC solar project
- at a tariff
- 250 MW/1,100 MWh BESS
- a tariff
- ₹5.51 per unit
- be completed
- 18 months
Pace Digitek secured a ₹17,750 cr tender from Karnataka Renewable Energy Development Limited for a 250 MWAC solar project with 250 MW/1,100 MWh BESS at a tariff of ₹5.51 per unit. The project, located at Pavagada Solar Park, is expected to be completed within 18 months and will have a 25-year operational life.
This significant contract enhances Pace Digitek's portfolio and may positively influence market sentiment in the renewable energy sector. 🌞
Not investment advice. For informational purposes only.