Dwarka Gets Delhi’s Largest Residential Rooftop Solar Plant

Dwarka Gets Delhi’s Largest Residential Rooftop Solar Plant

The four societies which together house around 2000 residents and has 450 flats in Dwarka, will be the first ever project in on a large scale after IP Extension’s Milan Colony to have its own solar power plant.

dwarka

Delhi’s first large scale residential rooftop solar power plant has been sanctioned for four societies in Dwarka sub city.

Delhi Chief Minister Arvind Kejriwal inaugurated the solar plant along with Oakridge Energy’s Shravan Sampath who is also the developer of the project.

The four societies include Ispat CGHS, Saksham apartments, Supriyaapartments and Navrattan apartments.

The four societies which together house around 2000 residents and has 450 flats, will be the first ever projects on a large scale after IP Extension’s Milan Colony to have its own solar power plant.

Further, the plants of capacities of about 300 KW will entail zero investment from the societies and they will only be paying for the power produced, at tariffs as low as Rs. 4.5 / kWh. The installations will be eligible for an additional incentive of Rs. 2 / kWh of generation based incentive from the Delhi Government.

The solar power plants are being set up by Delhi-based residential solar power projects developer Oakridge Energy under the power purchase agreement (PPA) mode which would amount to no upfront investment from the residents of Dwarka sector.

CEO, Oakridge Energy, Shravan Sampath said, “The plants will generate over 4.8 lakh units of power each year or over 1.2 crore over 25 years. At present tariff levels, it results in saving of about Rs 2 crore to the societies at current tariff slabs, with no upfront payment required from their side.”

Addressing the gathering at the society, Chief Minister Arvind Kejriwal said, “First time, solar plants are being installed on such a grand scale. Consumers will be able to save Rs 2.5 per unit and the society will be able to obtain clean and green power without any investment but just by utilising resources. The state government welcomes private enterprises to come forward and work with us to step up solar power generation and reduce dependence on conventional means. It is also understood, over their lifetime, the plants would save over one crore kg of C02 emissions, which is quite remarkable.”

"Want to be featured here or have news to share? Write to info[at]saurenergy.com
      SUBSCRIBE NEWS LETTER
Scroll