Madhya Pradesh Urja Vikas Nigam (MPUVN) Friday announced that it has achieved historic low tariff of Rs 1.38 per unit for central government buildings in its RESCO II rooftop solar tender, an official statement said.
State government medical colleges, also a beneficiary in the tender, have got a rate of Rs 1.63 per unit for the first year. The rates would increase by 3 per cent annually and would roughly double at the end of 25 years, MPUVN said.
“Madhya Pradesh has discovered the lowest rate of Rs 1.38 per unit for first year in central government buildings, which is one fourth of what the consumers are presently paying,” it said in a statement.
Renewable Energy Service Company (RESCO) sets up solar power projects and then monetises the energy produced. Read More
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