5 MW Rooftop Solar Plants To Be Set-Up In Noida On RESCO Model

In Clean News, Clean Talk, News, Renewable Energy, Solar

Noida Authority is planning to set up rooftop solar panels at various locations of the city which would be generating 5 megawatts of electricity. 11 locations have been selected for installation of solar photovoltaic power plants

A request for proposal has already been prepared to invite tenders for the work, which is estimated to be completed in 12 months at a cost of around Rs 43 lakh.

However, the allocation is yet to be made through e-tendering process for finalization of contractor for 25 years, which would include installation, operation and maintenance.

The power plants will be set up as per the Resco model.

In Resco, the bidders intend to take a rooftop owned by some other entity on mutually agreed terms and conditions, including lease agreement from the roof top owners, and enter into the power purchase agreement with rooftop owner for supply of solar power.

Reference- Economic Times, Mercom India

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