Solar Power Developer, HFM Solar Power Private Limited has commissioned a 300 kWp roof-top solar project at IEC Group of Institutions, Greater Noida. Built in collaboration with SECI and MNRE, the rooftop solar plant will help the institute save around Rs 21 lakh per annum. The solar plant will reduce emissions from grid power and backup diesel generators, and will abate around 390 tons of carbon dioxide per year.
The company will provide solar power to IEC Group of Institutions at tariffs that are cheaper than grid tariff based on the RESCO model.
Medhir Jain, Director, HFM Solar said “We are constantly striving to include environment-friendly ways of living and have taken several steps to encourage Institutions to be more responsible towards our ecosystem. Adopting solar power is a much appreciated inclusion in that. We believe steps taken like these make all the difference. We are happy to note that the solar power supplied to IEC Group of Institutions will be at a cost which is much cheaper than the grid tariff, providing significant cost savings to the Institution as well.
We are committed to implementing innovative solar renewable energy projects to help Institutions such as IEC reduce the expenditure on power. We aim to continue building solar power plants promoting a healthy and safe environment for the future “
