Renew, a private solar power promotion firm, has been roped in by NREDCAP (Non-conventional Energy Development Corporation of Andhra Pradesh Limited) to implement roof top solar units in all government sector buildings. As per an agreement, Renew would invest its own funds on executing the solar project in government offices. All that the government offices need to do is to provide space for installation of solar panels on roof top.
The beneficiaries need not invest a single rupee. They have to enter into an agreement with Renew and pay the power bill which will be substantially lower than the current bills. However, private institutions are urging Renew and even NSEC (National Solar Energy Corporation) to extend the same concessions to private parties too that can provide space for executing solar power projects for popularising the green energy. Read more