THE SECOND phase of North India’s largest floating solar project of 5,500 KWp (kilowatt peak) (5.5 megawatt) will be completed in the next six months making the project capable of generating 7,500 KWp solar energy worth around Rs 2.50 crore, which will be shared between the UT Administration and the civic body with 70:30 % ratio respectively.
An official said, “Water Works, Sector 39, is the property of the MC but the solar project is being installed by the Chandigarh Renewable Energy and Science and Technology (CREST). The generated revenue is being divided on the basis of expenditure. So far, Rs 11.70 crore was spent on the first phase.
The expenditure on the second phase will be double of the expenditure made in the first phase.
