Solar panels to be put in on rooftops of Chandigarh house house owners.

The Chandigarh authorities plans to implement the Renewable Energy Service Company (RESCO) mannequin, which can contain a non-public firm creating, putting in, financing, and working a rooftop solar energy plant.

House house owners in Chandigarh will quickly be capable of get rooftop photo voltaic crops put in without cost. The UT administration plans to make use of the Renewable Energy Service Company (RESCO) mannequin, through which a non-public firm develops, installs, funds, and operates a rooftop solar energy plant.

While prospects (householders) won’t be charged for set up, RESCO will personal the rooftop photo voltaic crops for 15 years earlier than handing them over to the patron. During the 15-year interval, the patron can be entitled to energy at a price of 1.5 cents per unit lower than the usual price.

In addition, after use on the home, the additional electrical energy generated can be transmitted to the grid and paid for by the division. RESCO and the patron will cut up the income generated from the sale of electrical energy to the division.

Wait for JERC’s approval

The RESCO mannequin will quickly be carried out within the metropolis, in line with Debendra Dalai, director of Chandigarh Renewable Energy, and Science and Technology Promotion Society, with the UT electrical energy division already on board and solely the formal nod of the Joint Electricity Regulatory Commissioner awaiting.

After the subsidy scheme did not encourage folks to put in photo voltaic crops, CREST advisable the RESCO idea final 12 months. It had submitted the RESCO mannequin for JERC approval after receiving approval from the administration.

It has additionally produced a pattern settlement – the Quadripartite Agreement (QPA) – that the RESCO, shopper, CREST, and {the electrical} division would signal. JERC should settle for the settlement, which can set up the ability price for shoppers, RESCO’s capabilities and tasks, the prices concerned, and the roles of CREST and {the electrical} division.

“The firm that quotes the minimal built-operate-transfer (BOT) interval, that’s, after which era it might hand over the ability to the proprietor, will get the duty in the course of the bidding process for a agency to be labeled as RESCO,” mentioned an official.

The electrical division has agreed to the RESCO mannequin, the phrases and circumstances underneath the quadripartite settlement, except a provision referring to energy banking, in its submission to the JERC. After resolving the difficulty of energy banking, CREST and {the electrical} division have said that they are going to submit an initialized QPA to the fee for consideration inside every week.



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