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April 23, 2012

Azure Power to set up two rooftop solar PV projects of 2.5 MW in Gujarat….

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As captured by Power India some time before, the Gujarat Government is planning to announce a rooftop solar power generation policy; under this M/s Azure Power has announced plans to develop India’s first Megawatt (MW) scale rooftop solar PV project in Gandhinagar.

 

Some more brief of the proposed project as found by Power India:

  • Azure Power would set up a 2.5 MW plant with an approximated investments of Rs. 25 Crs.
  • To be set up under the Gandhinagar Photovoltaic Rooftop Program (GPRP)
  • The energy from an aggregated rooftop portfolio would be sold to one off-taker.
  • Power companies having PPAs with the State Government will off-take solar power at Rs 11 per unit and pay Rs 3 per unit to rooftop owners who install solar equipment.

 

Mr Inderpreet Wadhwa, CEO, and Mr D. J. Pandian, Principal Secretary (Energy), Gujarat Government, said

“This way cities can become energy generators and power companies selling in cities can meet their renewable purchase obligations (RPOs). The model would demonstrate aggregation of 60-plus rooftops under a single project. The concept has the potential to tap into 1,000 MW of rooftop solar power across Tier-I and II cities “

Power India further found that Azure Power was selected for this project through a competitive bidding process conducted by the Gujarat Energy Research and Management Institute (GERMI). The projects will include a mix of Government and private rooftops. This programme is expected to encourage public participation and increase solar power generation awareness.

Azure Power is targeting to achieve 100 MW of solar power generation capacity by 2014 across India.

 

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