Delhi to have rent-a-roof policy for solar installations!

- Advertisement -

Thursday, July 17, 2014: After launching the similar policy in Gujarat in 2011, Delhi can be the second state to have rent-a-roof policy. The Delhi Government has given a strong indication that it is planning to replicate the rent-a-roof scheme of Gujarat in Delhi, which was introduced by then chief minister and current Prime Minister, Narendra Modi.

NDMC(New Delhi Municipal Corporation) announced a detailed plan this week which aims at increasing strong solar foothold in the city. It also includes increasing solar panels across 40 civic buildings in the city and residents can also add another 50 to 100 MW of solar power into the local grid.

With the rise in electricity demand every year, this move may reduce burden on electricity companies. Prime Minister Modi introduced the first rooftop solar policy in Gujarat during his position as chief minister and this plan is now considered to accelerate power supply to the entire population.

- Advertisement -

NDMC is now floating tenders for the same to identify, design, erect, install and test these rooftops throughout Delhi which can make it second solar city after Chandigarh. The rent-a roof scheme would involve private players and they can hire spaces for their installations. Rent charge would be $0.05 for every unit of energy produced. Govt buildings like schools, hospitals and offices will be utilised for this purpose.

Delhi inaugurated rooftop policy in 2011 but it was scrapped due to lack of funds for this project. Today, Delhi can think about this project again as it can solve the energy crisis in the city which erupts every season. It must take some concrete steps for the solar installations, in order to reduce such crisis.

Currently, the government is luring consumers and and installers with subsidies and discounts to promote solar energy. These signs surely shows that India is progressing with slow yet steady speed to trap one of the free natural resources known to mankind.

- Advertisement -

Related Artcles

Buzz

Infineon Beats Estimates With Stellar Q1 Results

0
The demand for chips by automakers has led to a steady rise in profits for Infineon. German semiconductor manufacturer Infineon Technologies topped estimates of its...

Pandemic Boosted Organic LED (OLED) Tablet Penetration

0
Samsung, making OLEDs since 2014, leads the way Emerging tech and declining manufacturing costs making OLED popular Apple expected to bring OLED iPads...

Netflix To Showcase GM EVs in TV Shows, Movies

0
The partnership between Netflix and General Motors (GM) is aimed at exposing people to EVs in a natural way. Netflix announced it would collaborate with...

Exclusive

Pandemic Boosted Organic LED (OLED) Tablet Penetration

0
Samsung, making OLEDs since 2014, leads the way Emerging tech and declining manufacturing costs making OLED popular Apple expected to bring OLED iPads...

India’ 22: Premium Segment Share Up by 11%; Overall Fall in Smartphone Shipments

0
Smartphone shipments fell 9% YoY in 2022 in India The premium segment brought 35% of total smartphone market revenue in 2022; Apple led...

ONE Raises $300 mn; Set To Launch LFP Cell Factory

0
Our Next Energy (ONE) raised $300 million in Series B equity led by Fifth Wall and Franklin Templeton Michigan-based energy storage technology company, Our Next...

Important Sectors

Infineon Beats Estimates With Stellar Q1 Results

0
The demand for chips by automakers has led to a steady rise in profits for Infineon. German semiconductor manufacturer Infineon Technologies topped estimates of its...

Pandemic Boosted Organic LED (OLED) Tablet Penetration

0
Samsung, making OLEDs since 2014, leads the way Emerging tech and declining manufacturing costs making OLED popular Apple expected to bring OLED iPads...

Netflix To Showcase GM EVs in TV Shows, Movies

0
The partnership between Netflix and General Motors (GM) is aimed at exposing people to EVs in a natural way. Netflix announced it would collaborate with...

India’ 22: Premium Segment Share Up by 11%; Overall Fall in Smartphone Shipments

0
Smartphone shipments fell 9% YoY in 2022 in India The premium segment brought 35% of total smartphone market revenue in 2022; Apple led...

ONE Raises $300 mn; Set To Launch LFP Cell Factory

0
Our Next Energy (ONE) raised $300 million in Series B equity led by Fifth Wall and Franklin Templeton Michigan-based energy storage technology company, Our Next...

Manufacturing

Infineon Beats Estimates With Stellar Q1 Results

0
The demand for chips by automakers has led to a steady rise in profits for Infineon. German semiconductor manufacturer Infineon Technologies topped estimates of its...

Honda, GM Partner To Develop Hydrogen Fuel Cell

0
The global hydrogen fuel cell vehicle market is estimated to generate $43,208.3 million by 2031. Japanese automaker Honda Motor Co announced that it would collaborate...

Adding The Edge In The Embedded Edge Market With SiMa.ai

0
SiMa in Hindi means edge, and that is exactly what this startup has brought to the embedded edge market. By integrating Machine Learning on...

Foxconn Hires Former Nidec CEO As Strategy Chief For EVs

0
Foxconn Technology group's latest hire has decades of experience in the automotive industry with names such as Nissan and Dongfeng Motors in his portfolio. Foxconn...
Bharat

Bharat Electronics Misses Profit Estimates For Q3

0
Bharat Electronics has declared an interim dividend of 60% payable to all the eligible shareholders holding shares as of the record date. Shares of Bharat...