Union Minister of State for Law and Justice and Electronics and IT, P.P. Chaudhary on Tuesday inaugurated a 200 KW solar rooftop PV power plant at the Electronics Niketan Building here, installed and commissioned by Jakson Group.
This rooftop solar plant will help generate up to 3,00,000 units of electricity every year, reduce emissions by 216000 kilograms per year and help achieve cost savings between Rs. 8 to 10 lakhs per year.
As part of the project, Jakson, installed 669 solar modules of 310 watt manufactured at its state-of-the-art solar module manufacturing plant in Greater Noida. In addition to turnkey engineering, procurement and construction services for the project, Jakson will also provide annual operations and maintenance service to the plant for 25 years.
The project was executed under Solar Energy Corporation of India’s (SECI) Renewable Energy Service Company (RESCO) scheme, enabling consumers to install a solar power plant without pay anything upfront. A power purchase agreement is signed between the installer and the consumer at a mutual tariff.
“We are honoured to be associated with this prestigious project. Government buildings in India have a lot of potential to install solar capacity to meet their captive requirements. This project is a testimony to our strong EPC expertise in the solar rooftop segment,” said Sundeep Gupta, Vice-Chairman and Managing Director, Jakson Group.
According to a report from Bridge to India, there is a strong impetus on increasing rooftop solar deployment on government-owned buildings. The government rooftop solar segment has grown at a CAGR of 118 percent in last four years and now accounts for about 12 percent of the total rooftop market. The report estimates the government segment to achieve total rooftop solar capacity of 4 GW by 2022, accounting for 24 percent of the total rooftop solar market.
Latest posts by ET Energy World (see all)
- Power generator NTPC faces coal crisis, shuts a unit - February 19, 2019
- Brent oil eases from 2019 highs as markets await trade talks outcome - February 19, 2019
- AITUC condemns plan to auction oil, gas blocks of ONGC, OIL - February 19, 2019