KOR Energy (India) Installs Rooftop Solar At DPS, Varanasi

As part of National Solar Mission, KOR Energy (India) Pvt. Ltd., a solar power company has successfully installed a 100 KWp grid tied rooftop solar system at Delhi Public School (DPS), Chandauli Mohansarai Bypass Road, Varanasi.

KOR Energy has used Polycrystalline Modules of 315Wp which is manufactured by leading PV module manufacturer Vikram Solar and solar string inverters of ABB Group to ensure maximum yield and performance consistency. The system has remote monitoring of production that offers accurate fault recognition and real time performance monitoring.

The solar system will have an additional benefit of net metering, which will result in receiving credit in electricity bill against the excess electricity generated by the solar system especially during off peak hours and school holidays. The payback period of installed solar system can be achieved in four to five years and the performance warranty of the whole system is of 25 years that makes the solar system investment a reliable and cost effective decision. This rooftop solar system will produce approximately 12000 units of electricity resulting in savings of Rs. 85,000 per month to DPS.

Additionally Delhi Public School will get subsidy from Solar Energy Corporation of India under government scheme of subsidy of 30 percent on project cost solar for schools, colleges and other non-profit trusts and societies. Due to provision of accelerated depreciation on commercial establishment, Delhi Public School will get major tax relief in the upfront cost of solar plant. In total DPS will be saving nearly Rs. 2.5 crore in solar panel investment over the lifetime of the project.