SDMC becomes first Indian civic body to generate solar energy

- Advertisement -

The SDMC claimed that it has become the “first” civic body in the country to generate solar energy by installing panels over rooftops of its over 55 buildings and earn a huge income in three months by selling surplus power to a power distribution company, reported Financial Express.

SDMC, civic body, solar power, renewable, India
Image for representational purpose only

The SDMC also plans to install solar panels over rooftops of its 400 buildings by June 2019, in a bid to ramp up its efforts to go green and earn revenue simultaneously, officials said to PTI.

PTI stated that as much as 2500 KW peak solar power is being generated from the solar panels installed in 54 schools and a community centre, the South Delhi Municipal Corporation said in a statement. It has earned Rs 9.69 lakh by selling its surplus power to distribution company BSES after consumption in its own buildings, it said. SDMC Commissioner Puneet Kumar Goel today said 3.14 lakh units were generated, out of which 2 lakh units have been sold after internal consumption of 1.14 lakh units.

- Advertisement -

“The SDMC has become the first municipal corporation in the country to generate solar energy by installing solar panels over rooftops of its over 55 buildings and earn a huge income in three months by selling surplus power to a power distribution company,” the SDMC statement said.

The commissioner said Rs 12 crore invested in setting up of solar energy panels will be recovered in just five years. The solar panels will remain in working to generate power for the next 25 years. He also said the corporation will install solar panels over rooftops of its 111 buildings by June 2018 and over more than 400 buildings by June 2019.

 

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

“Capitalise On ‘China Plus Two,’ Where Products With Higher Value Addition Become The Focus”

0
EPIC Foundation aims to transform India into an electronics hardware product nation by collaborating with governments, universities, design houses, and startups. In a conversation...

Exclusive: Electric Two And Three Wheelers In Focus For AMP 2030

0
It seems that the Indian government is going to focus on electric two— and three-wheelers. Taking these beyond Tier 1 and 2 Indian cities...

Report Suggests India’s EV Sales Will Surge, Rising 66% In 2024

0
In 2023, sales of electric vehicles (EVs) in India almost doubled due to increased consumer interest, government actions, better infrastructure, and climate change worries....

Buzz

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...

Scoop: Finayo Plans Rs 100 Cr Financing Fund For EV Dealerships

0
While EV finance is improving in Bharath (Tier 2, 3, 4 cities, and rural India), it is still one of the biggest challenges! Can...

HubSpot Expands Presence In India With New Bengaluru Office

0
With a focus on local engagement and accessibility, HubSpot aims to tap into India's diverse talent pool while catering effectively to the Indian market. HubSpot...

Important Sectors

Log 9 Enters EV Asset Management Via Amphion

0
Commercial electric vehicle asset management and finance is becoming one of India's biggest emerging business opportunities. Here's Log 9 joining the segment! Log 9 has...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...

Scoop: Finayo Plans Rs 100 Cr Financing Fund For EV Dealerships

0
While EV finance is improving in Bharath (Tier 2, 3, 4 cities, and rural India), it is still one of the biggest challenges! Can...

Macquarie Group To Invest $1.5 Billion In Indian Fleet Electrification With Vertelo Launch

0
Vertelo has entered into a long-term lease agreement with Tata Motors, committing to purchase up to 2000 electric cars within the next three years....

Log9 Launches Amphion And Nexmile To Strengthen EV Landscape

0
The company is focused on tackling key issues in the commercial electric vehicle (EV) industry, such as financing, data analytics, charging infrastructure, and energy...

Manufacturing

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...

Sterling Tools Inks MoU With Yongin For EV Components Facility

0
Sterling Tools announced that this strategic partnership is anticipated to bring in Rs 250 crore in business over the next five years. This collaboration...

Tata Elxsi-Renesas MCU Boosts EV Cost Efficiency And Market Speed

0
The Motor Control Unit's modular, scalable design facilitates integration across various EV applications, reducing time to market by 40%, lowering design and development costs...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...