Chandigarh to launch rooftop solar projects under RESCO model
Author: PPD Team Date: May 22, 2025
Author: PPD Team Date: May 22, 2025
The Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST) will roll out rooftop solar installations on government-built properties using the renewable energy service company (RESCO) model.
The initiative will begin with 3 MW of projects across identified sites, starting with a pilot at the Chandigarh Housing Board’s Sector 51 Housing Society. CREST has signed a memorandum of understanding after discussions with the local resident welfare association.
More installations are planned on municipal corporation (MC) properties. The MC has already submitted a list of locations to CREST for consideration.
Under the RESCO model, a private developer will fund the full cost of the installation. The electricity generated will be sold to Chandigarh Power Distribution Limited at Rs 4.96 per unit.
Author: PPD Team Date: November 21, 2024 Salt River Project (SRP) and Flatland Storage LLC, a subsidiary of EDP Renewables North America (EDPR NA), have announced a partnership to bring 200 MW of energy storage to Arizona’s grid. The Flatland Energy Storage Project, located near Coolidge, Arizona, will use Tesla-manufactured lithium-ion batteries and is expected to be operational by 2025. The 200 MW/800 megawatt-hour system will provide enough capacity to power up to 45,000 homes…
Author: PPD Team Date: September 1, 2025 NLC India Limited has commissioned 52.83 MW of its 300 MW solar power project at Barsingsar in Bikaner district, Rajasthan. The company received the commissioning certificate from Rajasthan Renewable Energy Corporation Limited on 26 August 2025. For the quarter ending June 2025, NLC India reported consolidated revenue of Rs 3,825.61 crore, compared with Rs 3,836.00 crore in the previous quarter. Net profit for the period stood at Rs…
Author: PPD Team Date: December 12, 2024 US-based investor Acadia Infrastructure Capital, along with major companies including Microsoft, has launched a $9 billion initiative to develop renewable energy projects across the United States. The initiative, known as the Climate and Communities Investment Coalition (CCIC), aims to accelerate corporate-led financing for renewable energy projects and is expected to facilitate the development of 5GW of renewable power by 2029. The CCIC will focus on providing tangible benefits…
Author: PPD Team Date: August 6, 2025 The Standing Linkage Committee (Long-Term) for the power sector has recommended earmarking coal linkage for the 660 MW Ennore Thermal Power Station (ETPS) expansion project in Chennai, under the revised Shakti Policy 2025. The recommendation follows a request by Tamil Nadu Power Generation Corporation Ltd (TNPGCL) to revive the stranded project through a tariff-based competitive bidding process. The ETPS expansion is a brownfield, non-pithead plant based entirely on…
Author: PPD Team Date: May 27, 2025 The Ministry of Power has completed a detailed review of Karnataka’s power sector, highlighting key areas for reform to improve efficiency and reliability. The ministry called for urgent financial reforms. Power utilities were advised to reduce annual losses and adopt cost-reflective tariffs to ensure financial sustainability. It also recommended timely clearance of government dues and subsidies, proposing a centralized payment mechanism to improve accountability and streamline payments. Utilities…
Author: PPD Team Date: November 7, 2025 SAEL Industries Limited has signed a memorandum of understanding (MoU) with the Government of Andhra Pradesh to invest Rs 22,000 crore in renewable energy and infrastructure projects. The plan includes setting up over 1,750 MW of solar and battery storage systems across the Kadapa and Kurnool districts. The projects will be implemented through a tender-based process in line with state regulations. The investment also covers biomass energy, data…