+
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

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code