Rays Power Experts commissioned a 5.5 MW solar rooftop project for the Delhi Metro Rail Corporation (DMRC). The entire 5.5 MW is spread across various locations and stations owned by the DMRC.
The company has signed 25-year power purchase agreement (PPA) with the DMRC. “We signed with DMRC at a tariff of Rs.6 (~$0.092)/kWh for the first two years, and after that we will supply power for a tariff of Rs.6.35 (~$0.098)/kWh for 23 years,” stated Mercom’s source at Rays Power Experts.
The minimum project capacity is 14.4 kW and the maximum is 1 MW on a single roof, added the source at Rays Power Experts.
According to the Mercom‘s India Solar Project Tracker, Rays Power Experts has commissioned an estimated 24 MW of rooftop solar and has approximately 10 MW of solar is under various stages of development.
Image Credit: Metro Rail News
Saumy is a senior staff reporter with MercomIndia.com covering business and energy news since 2016. Prior to Mercom, Saumy was a copy editor at Thomson Reuters. Saumy earned his Bachelors Degree in Journalism & Mass Communication from the Manipal Institute of Communication at Manipal University. More articles from Saumy Prateek.