MUMBAI: A government pilot project in Madhya Pradesh, aimed at popularising rooftop solar installations in the educational and public service sectors, has achieved a significant milestone with 427 Power Purchase Agreements (PPAs) signed between hundreds of educational institutions and private developers in Bhopal.
As many as 291 government colleges, 124 engineering and polytechnic colleges and 12 universities signed up for using solar energy from rooftop installation with no upfront capital investments.
According to the PPAs signed, end-users will be able to get power at rates ranging from ₹1.91 per unit to ₹2.35 per unit, which is significantly lower than the rates at which these organisations procure power currently from the State discom.
Azure Power Rooftop, a rooftop arm of solar developer Azure Power, will set up solar systems in government colleges and engineering colleges, while Mundra Solar PV Limited, which is part of the Adani Group, would be implementing solar rooftop projects for government universities.
Source: thehindubusinessline
