+
150 schools in Delhi go solar
POWER & RENEWABLE ENERGY

150 schools in Delhi go solar

The total capacity of the project is a little over 21 MW and will help in reducing the yearly power bills by approximately Rs 8.8 crore. It will allow them to earn an extra Rs 8.5 crore through the sale of surplus electricity to discoms. Cumulatively, the savings and the earnings would be more than Rs 433 crore in the 25 years life cycle of the solar project as per data.

For instance, a government school based in West Vinod Nagar is a part of Deputy Chief Minister Manish Sisodia’s constituency. It has India's biggest rooftop solar project that has a capacity of 195 kWp (kilowatt peak). Built by Oakridge Energy, a Delhi-based company, it can save the school at least Rs 8 lakh in terms of its power bill and help in earning annually Rs 7.7 lakh. It is the benefit the project can bring to an individual school.

The CEO of Oakbridge, Shravan Sampath, believes this project brings financial benefits to schools amid the Covid-19 pandemic. Additionally, the project will help in saving nearly 63,000 tonnes of CO2 over the project life. Hence, contributing towards the country’s rooftop solarisation goals as well as Delhi’s. The company managed to cater to 15 school rooftop projects with the help of the tender that was floated by the Delhi Government in July 2019. It is looking to solarise another 1,000 schools and education institutions by the year 2022.

The schools do not need to invest any money for the project. As part of the scheme, The centre has decided to pay 25% of the installation cost. It will be paid when the project is done. The developers, during the project’s 25-year life cycle, will recover the remaining cost. For Delhi, the developers would be selling power at Rs 3.13 per unit, a discount of 65% over discoms The project was to be commissioned in May 2020 or nine months of the tender being awarded as per the tenure terms since the work stalled in February due to disruptions caused in material supply by the nationwide lockdown.

Source: Times of India

The total capacity of the project is a little over 21 MW and will help in reducing the yearly power bills by approximately Rs 8.8 crore. It will allow them to earn an extra Rs 8.5 crore through the sale of surplus electricity to discoms. Cumulatively, the savings and the earnings would be more than Rs 433 crore in the 25 years life cycle of the solar project as per data. For instance, a government school based in West Vinod Nagar is a part of Deputy Chief Minister Manish Sisodia’s constituency. It has India's biggest rooftop solar project that has a capacity of 195 kWp (kilowatt peak). Built by Oakridge Energy, a Delhi-based company, it can save the school at least Rs 8 lakh in terms of its power bill and help in earning annually Rs 7.7 lakh. It is the benefit the project can bring to an individual school. The CEO of Oakbridge, Shravan Sampath, believes this project brings financial benefits to schools amid the Covid-19 pandemic. Additionally, the project will help in saving nearly 63,000 tonnes of CO2 over the project life. Hence, contributing towards the country’s rooftop solarisation goals as well as Delhi’s. The company managed to cater to 15 school rooftop projects with the help of the tender that was floated by the Delhi Government in July 2019. It is looking to solarise another 1,000 schools and education institutions by the year 2022. The schools do not need to invest any money for the project. As part of the scheme, The centre has decided to pay 25% of the installation cost. It will be paid when the project is done. The developers, during the project’s 25-year life cycle, will recover the remaining cost. For Delhi, the developers would be selling power at Rs 3.13 per unit, a discount of 65% over discoms The project was to be commissioned in May 2020 or nine months of the tender being awarded as per the tenure terms since the work stalled in February due to disruptions caused in material supply by the nationwide lockdown. Source: Times of India

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?