The Karnataka Electricity Regulatory Commission (KERC) has proposed a capital cost of ₹37.33 million (~$0.54)/MW for solar photovoltaic (PV) projects to be developed in Karnataka. The KERC proposal follows a discussion paper issued by the commission in February 2019 in which it had proposed a lower ₹31.4 million (~$0.44 million)/MW as the capital cost for solar PV projects.