+
 Chandigarh plans 75 MW solar power generation by August 2023
POWER & RENEWABLE ENERGY

Chandigarh plans 75 MW solar power generation by August 2023

The Chandigarh administration has set a target of 75 MW solar power generation by 15 August 2023, undeterred by the Covid-19 pandemic, which spoiled its earlier plans.

The Chandigarh Renewable Energy and Science and Technology (CREST) promotion society and the UT administration submitted the proposal to the centre under the Azadi Ka Amrit Mahotsav campaign.

UT secretary environment and CEO of CREST, Debendra Dalai, told the media that it has already started generating 45 MW of solar power from different projects. It aims at generating another 30 MW, including residential and governmental projects.

Recently, the administration asked about the progress in the city's solar project installation and a roadmap for future solar plant installations from CREST.

In a meeting between the administration and department officials, UT asked CREST to provide the details of the project, including the progress details, in the pipeline of those completed.

The Ministry of New and Renewable Energy (MNRE) has increased the solar power generation target of the city from 50 MW to 69 MW by 2022.

UT's plea for implementing the Renewable Energy Service Company (RESCO) model for the installation of solar plants in the city was turned down by the Joint Electricity Regulatory Commission (JERC).

CREST inspired JERC to implement the RESCO model in the city. CREST proposed this model after approval from the UT administrator, V P Singh Badnore. Under the RESCO, UT planned that the private companies would install solar plants on private properties, and in exchange, charge the owner of the building a lower tariff than the regular electricity rate for the time mentioned in the tender, after which the building owner will get the solar plant.

Image Source


Also read: TPREL launches 100 MW solar power project in Gujarat

Also read: MNRE issues EoI from consultants to assess solar projects and parks

The Chandigarh administration has set a target of 75 MW solar power generation by 15 August 2023, undeterred by the Covid-19 pandemic, which spoiled its earlier plans. The Chandigarh Renewable Energy and Science and Technology (CREST) promotion society and the UT administration submitted the proposal to the centre under the Azadi Ka Amrit Mahotsav campaign. UT secretary environment and CEO of CREST, Debendra Dalai, told the media that it has already started generating 45 MW of solar power from different projects. It aims at generating another 30 MW, including residential and governmental projects. Recently, the administration asked about the progress in the city's solar project installation and a roadmap for future solar plant installations from CREST. In a meeting between the administration and department officials, UT asked CREST to provide the details of the project, including the progress details, in the pipeline of those completed. The Ministry of New and Renewable Energy (MNRE) has increased the solar power generation target of the city from 50 MW to 69 MW by 2022. UT's plea for implementing the Renewable Energy Service Company (RESCO) model for the installation of solar plants in the city was turned down by the Joint Electricity Regulatory Commission (JERC). CREST inspired JERC to implement the RESCO model in the city. CREST proposed this model after approval from the UT administrator, V P Singh Badnore. Under the RESCO, UT planned that the private companies would install solar plants on private properties, and in exchange, charge the owner of the building a lower tariff than the regular electricity rate for the time mentioned in the tender, after which the building owner will get the solar plant. Image Source Also read: TPREL launches 100 MW solar power project in Gujarat Also read: MNRE issues EoI from consultants to assess solar projects and parks

Next Story
Real Estate

Reliance MET City Launches Metropolis Project In Haryana

Reliance MET City (RMC) has launched Metropolis, an integrated mixed-use project in Haryana that is expected to redefine the regional urban landscape. RMC said the development will combine residential, commercial and leisure components to meet rising demand for organised urban spaces. The project has been positioned to benefit from existing and planned transport links and municipal infrastructure, and aligns with regional plans for sustainable urbanisation. Company representatives framed the initiative as part of a broader expansion strategy in northern India. The Metropolis project will inco..

Next Story
Infrastructure Energy

Radiance Renewables Raises 100 Million Dollars for Expansion

Eversource-backed Radiance Renewables has secured 100 million dollars (100 mn dollars) in funding from Impact Fund Denmark and FMO to support its expansion. The investment will bolster the company's capital base and enable acceleration of project development and deployment. Radiance Renewables is positioning itself to scale its renewable energy portfolio and strengthen operational capabilities. The funding round reflects growing investor appetite for climate-focused infrastructure. Impact Fund Denmark and FMO are established impact investors that channel capital into sustainable energy projec..

Next Story
Infrastructure Energy

Temasek-led Consortium in Talks for Rs 15 bn Pre-IPO Round

A Temasek-led consortium is in advanced talks to invest Rs 15 billion (Rs 15 bn) in Clean Max Enviro Energy in a pre-initial public offering funding round, according to people familiar with the matter. The prospective financing is intended to provide capital for operational expansion and to strengthen the company's balance sheet ahead of a planned public listing. The discussions reflect continued investor appetite for renewable energy platforms in the region. Clean Max Enviro Energy is a renewable energy developer that provides sustainable power solutions to commercial and industrial customer..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App