During a latest JERC listening to, the petitioner (CREST) claimed that the problems raised by the UT Electricity Department (respondent) had been addressed and that the division had agreed to the brand new enterprise mannequin submitted to the fee for approval.
The metropolis would be the first within the nation to enlist non-public gamers to put in rooftop photo voltaic crops on non-public residential buildings without charge. After receiving a lukewarm response from metropolis residents who have been unwilling to pay for a rooftop photo voltaic plant, the Chandigarh Renewable Energy and Science and Technology Promotion Society (CREST), the nodal company for the set up of photo voltaic photovoltaic (SPV) energy crops on rooftops, proposed a build-operate-transfer (BOT) mannequin to the Renewable Energy Service Company (RESCO).
Later, CREST petitioned the Joint Electricity Regulatory Commission (JERC) for approval of the enterprise mannequin framework for a 3rd social gathering to put in grid-connected rooftop energy initiatives for home customers below the RESCO BOT enterprise mannequin as per provisions of the JERC.
During a latest JERC listening to, the petitioner (CREST) claimed that the problems raised by the UT Electricity Department (respondent) had been addressed, and that the division had agreed to the brand new enterprise mannequin submitted to the fee for approval.
The Electricity Department said that they’d agreed to the enterprise mannequin. The division has additionally agreed to the phrases and circumstances of the Quadripartite Agreement (QPA), except for a provision referring to energy banking within the stated QPA. The petitioner and respondent have additionally said that, as soon as the difficulty of energy banking has been resolved, they are going to submit the initialised QPA to the fee for consideration inside every week.
According to Debendra Dalai, Chief Executive Officer of CREST, the UT is predicted to obtain JERC approval for the implementation of the enterprise mannequin within the metropolis quickly. He said that town was on the point of implement the RESCO mannequin on non-public residential homes.
“It will be a one-of-a-kind model to significantly boost solar power generation, and Chandigarh will be the first city in the country to implement it,” he stated.
Under the mannequin, a personal firm will set up photo voltaic panels with out charging owners something. The house owners will solely have to present the agency house on the rooftop, and they’re going to obtain electrical energy at practically Rs. 1.50 per unit lower than the present charges for the following practically 15 years. Following the completion of the BOT interval, the corporate will switch possession of the photo voltaic plant to the proprietor.
The firm will recoup its funding by promoting the vitality generated by the plant. During the BOT interval, the agency will carry out all plant upkeep, he stated, including that any extra energy left over after the home proprietor has used will probably be transferred to the grid.
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