Karnataka has a significant renewable potential of around 20GW (excluding solar), however, only capacity of 3.2GW has been explored till date. This shows up a huge potential for development of RE projects in the state subject to more enabling implementation framework
In view of the increasing electricity supply shortages, renewable energy (RE) has been identified as a key contributor to the sector. Ministry of New and Renewable Energy (MNRE) at the central level and KREDL (Karnataka Renewable Energy Development Limited) at the state level has been appointed as nodal agencies to create an investor friendly environment for development of renewable projects.
Solar and Wind technologies are the two leading renewable sources which have recently experienced large scale development across the country. Karnataka is one such state where significant potential has been identified although the development has been slow to reach its potential. The government has shown its intent to promote RE technologies in the state through specific policy support to achieve accelerated capacity addition. However, these policies have fallen short of its expectation and state would require enabling framework to achieve the desired result.
Karnataka has a significant renewable potential of around 20GW (excluding solar), however, only capacity of 3.2GW has been explored till date. This shows up a huge potential for development of RE projects in the state subject to more enabling implementation framework.
The CII Karnataka Conference on Power at Bangalore served as a platform to assess the present scenario and gaps in the existing policy and implementation framework. The tremendous opportunity to identify new business opportunities, network and learn from leading practioners in the energy space is eagerly awaited by all concerned.
