Bridge India

Open access solar continues to be mired in uncertainty

Karnataka’s attractive open access policy for solar projects is set to expire at the end of this month. That is leading to a rush in project development activity in the state, which already leads other states with a total installed open access based solar capacity of 334 MW. As much as 1,000 MW of new capacity is expected to be commissioned over February and March.

  • Many large developers have entered the Karnataka open access market to capitalize on the short window of cost exemptions;
  • Fierce resistance from DISCOMs, transmission companies and even regulators makes open access an unpredictable and challenging market;
  • We expect the market to muddle along at about 500 MW per annum driven by sporadic opportunities across select states;

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