KREDL re-issues policy to develop 10 GW capacity of RE projects

Karnataka Renewable Energy Development Limited (KREDL) has reissued the ‘Draft Karnataka Renewable Energy Policy 2021-2026″ to develop 10 GW capacity of renewable energy (RE) projects with and without energy storage.

According to the draft, 1 GW capacity of the capacity will be rooftop solar. Initially, KREDL had issued the ‘Draft Renewable Energy Policy 2021-2026’ to develop 20 GW of renewable projects with and without energy storage. Of this target, 2 GW was set aside for rooftop solar.The policy has also set several targets to create a more conducive ecosystem for renewable energy (RE) growth in the state.Validity of the policy will last for five years or until a new policy is announced.KREDL will be the nodal agency of the state for implementing this policy.

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