From Financialexpress · Sheenu Sharma · · 1m 40s
MCD solar plan for 1,100 civic buildings
MCD to install solar on 1,100 buildings without upfront cost.
In brief
MCD to install solar on 1,100 buildings without upfront cost. MCD will install solar systems on 1,100 civic buildings under Delhi’s 2023 Solar Energy Policy, with IPGCL handling installation and maintenance while MCD pays only for used electricity. Originally reported by Financialexpress.
MCD approves solar plan
MCD has approved a unified rooftop solar plan to install solar power systems on about 1,100 civic buildings without spending any of its own capital.
Delhi Solar Energy Policy
Under Delhi’s 2023 Solar Energy Policy, IPGCL will assess, install and operate rooftop solar systems while MCD pays only for the power it uses.
No direct capital expenditure
The arrangement ensures no direct capital expenditure for MCD as IPGCL and third-party firms will fund and maintain the solar plants.
Small systems: CAPEX model
For smaller systems up to 25 kW, IPGCL will install under a CAPEX model and provide five years of free maintenance.
Large systems: RESCO model
For larger systems, the RESCO model will be used where a third party sets up, operates and maintains the plant and MCD buys power at a pre-agreed tariff.
Group net metering
Group net metering allows surplus power from one building to be adjusted against consumption at another within the same distribution company area.
Surplus power credits
Any annual surplus electricity will be carried forward or credited at an average rate of around Rs 5 per unit, potentially reducing MCD’s electricity expenditure.
Existing solar capacity
MCD has already installed 574 rooftop solar plants with a combined capacity of 13.25 MWp across its properties.
The main idea
MCD will install solar systems on 1,100 civic buildings under Delhi’s 2023 Solar Energy Policy, with IPGCL handling installation and maintenance while MCD pays only for used electricity.
