Showing posts with label Karnataka BJP. Show all posts
Showing posts with label Karnataka BJP. Show all posts

Wednesday, 13 April 2016

Domestic companies take lead in solar park tender in Karnataka


In the tender for setting up for 500 MW Solar Park in Karnataka, four leading Indian solar companies outbid foreign players to win major capacities. Rattan Indiapromoted Yarrow Infrastructure won 50 MW by quoting lowest bid of Rs 4.78 per unit among all.
It was closely followed by Adani Power, Acme Solar, Tata Power and Finnish utility Fortum Finnsurya with same bid of Rs 4.79 per unit. They all quoted the bid for 100 MW – two power units of 50 MW each.
ReNew Power, backed by Goldman Sachs in India won 50 MW by quoting Rs 4.8 per unit. All bids were in open category of solar cell procurement. No bids were under domestic sourcing category.
Karnataka is planning to set up 2000 MW solar park Pavagada in Tumakuru (earlier Tumkur) district and this is the first tranche of 500 MW. This would be the largest solar park to be developed in India. Till recently, the upcoming 750 Mw park at Rewa in Madhya Pradesh was being touted as the biggest in the world.
Solar park is an area earmarked for development of solar power generation projects. It is generally expected to offer 500 Mw and above in capacity. NTPC will buy the solar power and bundle with thermal and sell at average price.
Among other bidders in fray were Soft Bank promoted SBG Cleantech, Hero Solar Energy, Azure Power, Canadian Solar etc. They did not win any capacity.
The government’s aim of 100,000 Mw solar power generation by 2022 hinges on the success of 33 solar energy parks with 19,900 Mw capacity being planned across 21 states.
Under the solar park policy, land is provided by the state governments. Around 5 acres are required for one megawatt capacity. The land cost in solar parks, however, is higher than elsewhere, as project operators are offered developed infrastructure. Analysts fear this could lead to increase in final tariffs.
The Union government is giving developers Rs 2 lakh for every MW capacity as viability gap funding if being developed under the solar park policy. The developer recovers the remaining cost from project operators.
The Union government provides the guidelines for development, sets benchmarks and provides incentives. The ministry of new and renewable energy handles the other key area of coordination required for power evacuation.

Tuesday, 12 April 2016

BJP bets its all on Yeddyurappa for its re-entry in South India


Former Karnataka Chief Minister BS Yeddyurappa, who faces charges of underhand dealings in the state’s biggest mining scam, will lead the Bharatiya Janata Party (BJP) in the next Assembly election in 2018.
The strongman of the majority Lingayat community is facing a trial in a Central Bureau of Investigation (CBI)  court for receiving bribes from a private mining company.
The decision to make him the face of the Karnataka BJP and perhaps its chief minister candidate was taken by a party high command that is pledged to fighting corruption.
The decision follows pressure by the Lingayat community after Yeddyurappa edged himself out of a slew of cases on illegal denotification of government land. The cases were quashed by the Karnataka High Court on procedural grounds, which the Supreme Court upheld.
In 2011, Yeddyurappa had to step down as chief minister after his name figured in a Lok Ayukta report on a Rs 3,000 crore scam in the iron-ore rich Bellary district. Apart from Yeddyurappa, party colleagues Sriramulu, Janardhana Reddy, Anand Singh and Nagendra were indicted for shipping thousands of tonnes of iron ore to China.
Yeddyurappa, who is now a Lok Sabha member from Shivamogga, will on April 14 take over of the state unit’s reins at an event the BJP plans to use to project itself as a Dalit-friendly party.
On Saturday, BJP leaders thronged Yeddyurappa’s residence in Bengaluru, calling him the only popular face of the party who could lead it in elections two years from now.
The developments were watched warily by the Congress, which has been ruling the state since 2013. “It shows their hypocrisy in appointing a person charged with corruption,” said party spokesperson Dinesh Gundu Rao.
The Congress government has been facing flak over infighting and for not providing development. “In the last three years, there were irritants… Now that is over, we have two years to showcase our performance,” Rao said.
“Yeddyurappa has time and again proven he is inevitable for the BJP. The party’s  calculation is that only he can galvanise the state unit,” said Sandeep Shastri, political scientist and pro vice-chancellor at Jain University.
 
While some would give full marks to the BJP for starting early in the only state in the south where they stand a chance – having given up on Andhra Pradesh, Telangana, Tamil Nadu and Kerala – finally, it was a tainted leader that the "party with a difference" has to fall back on.