The UT administration has approved the installation of solar photovoltaic (SPV) power plants on the residential sector rooftops under the Renewable Energy Service Company (Resco) model. Chandigarh Renewal Energy and Science and Technology Promotion Society (Crest) is currently tendering this and 2,200 systems will be given as a pilot project on a first come first serve basis soon.<\/p>\n
Under the Resco model, residents won\u2019t have to spend a single penny on setting up the SPV power plant. The SPV plant will be installed by a private company. Residents will only give permission to set up the plant on their property. The maintenance of the equipment will be done by the private company, while extra power generated by the plant against the power used will be paid to the company. After a period of about 15 years which will be decided through e-tender, the ownership of the plant will be transferred to the resident without any extra payment.<\/p>\n
The beneficiaries will get the solar power at a fixed tariff of \u20b93.44 per unit until the project transfer period.<\/p>\n","protected":false},"excerpt":{"rendered":"
The UT administration has approved the installation of solar photovoltaic (SPV) power plants on the residential sector rooftops under the Renewable Energy Service Company (Resco) model. Chandigarh Renewal Energy and Science and Technology Promotion Society (Crest) is currently tendering this and 2,200 systems will be given as a pilot project on a first come first serve basis soon. Under the Resco model, residents won\u2019t have to spend a single penny on setting up the SPV power plant. The SPV plant will be installed by a private company. Residents will only give permission to set up the plant on their property. […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,236],"tags":[],"class_list":["post-358485","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-power-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=358485"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358485\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=358485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=358485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=358485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}