Hindustan Shipyard Limited (HSL) is planning to increase its rooftop solar capacity by adding 1 MW installation at its premises in the state of Andhra Pradesh. This project will be installed under the RESCO model and will be executed by CleanMax Solar.
In September 2018, the company had installed a rooftop solar project with a capacity of 2 MW.
Now, with the total rooftop solar capacity of 3 MW, it will be the largest rooftop solar power project in Andhra Pradesh, according to the company.
A total number of 9,260 solar PV modules will be required for this project, informed an official from HSL. The project will cover a total of eight roofs.
“The expected annual generation from the solar project is 4.2 million units/year, and the total annual consumption of electricity by HSL is around 7 million units/ year. This implies that the expected percentage share of solar energy per annum after the completion of the project will be 60%,” said the company spokesperson.
According to the company, the savings per unit will be ₹2.2 (~$0.031)/kWh, and the expected annual savings will be ₹10-12 million (~$139,147-166,976)/year. The solar tariff under the PPA is set at ₹3.939 ($0.05)/kWh.
The official told Mercom that the energy generated from the rooftop solar PV project would be 30% cheaper compared to the power purchased from the utility and the carbon emissions will be reduced by 3,400 tons per year.
Recently, the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) also tendered 15 MW of grid-connected rooftop solar photovoltaic (PV) projects to be set up atop government buildings across the state. The grid-connected rooftop solar projects will also be developed under the RESCO model.
Image Credit: Hindustan Shipyard Limited
Anjana is a news editor at Mercom India. Before joining Mercom, she held roles of senior editor, district correspondent, and sub-editor for The Times of India, Biospectrum and The Sunday Guardian. Before that, she worked at the Deccan Herald and the Asianlite as chief sub-editor and news editor. She has also contributed to The Quint, Hindustan Times, The New Indian Express, Reader’s Digest (UK edition), IndiaSe (Singapore-based magazine) and Asiaville. Anjana holds a Master’s degree in Geography from North Bengal University, and a diploma in mass communication and journalism from Guru Ghasidas University, Bhopal.