KMRL signs pact to install solar panels

India
Typography

The Kochi Metro Rail Ltd (KMRL) and Hero Solar Energy Pvt Ltd signed a power purchase agreement (PPA) for 4 MWp of solar power, which involves installation of solar panels on the rooftop of 22 Metro stations and buildings in the Metro yard.

 

 This is the first 'Renewable Energy Service Company (RESCO)' model project in Kerala. The first 1-MWp will be ready by October 2, 2016.

"Phase-I of the Kochi Metro Rail project envisages 22 stations and one depot. The installation capacity of the rooftop project is 4 MWp. In the RESCO model, the vendor will make the entire investment of nearly `27 crore, and take up operation and maintenance, while the KMRL will buy power from the vendor. Tenders were invited, and the work was  awarded to Hero Solar Energy (for 15.51/unit for the next 25 years). It is the lowest rate for which any metro project in India is getting solar power."

Translator

Advertisement

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter REIFF - 4th Renewable Energy Investment Finance Forum 2017 >> India's Largest Gathering Of Financial Community From…https://t.co/HdMY3ztff4
About 7 hours ago
SolarQuarter Biggest Solar Rooftop Business Opportunity in Your City_Register Now For SolarRoofs Pan India Series… https://t.co/IgqKNEvJrM
Monday, 24 July 2017 05:26
SolarQuarter Challenges developers & epc players face while procuring modules? Pv moduletech @acmemarkets @ENGIEgroup https://t.co/YupP48y2gX
Friday, 21 July 2017 08:36

Advertisement
Advertisement