Archive · 19 May 2025
CREST Launches Solar Project for Chandigarh Government Buildings
Imagine the government wants to put solar panels on its buildings to make clean energy.
They've asked a company to pay for and install the panels.
The company gets paid by selling the electricity to the power company, and the government gets rent for letting them use the roof.
It's like the government is renting out its roof.
For private homes, residents could also get panels, but they're waiting for the government's approval.
The project started years ago and is moving forward after some delays, but will help provide cleaner energy to the city.
CREST plans RESCO model solar panel installations on Chandigarh government buildings.
The RESCO model involves private agencies funding installation with no cost to the Chandigarh administration.
Agencies will sell generated electricity to Chandigarh Power Distribution Limited.
Government building owners will receive annual payments through a 'Rent on Roof' component.
The RESCO project for private properties awaits approval from the Ministry of New and Renewable Energy.
- Who
- CREST (Chandigarh Renewal Energy and Science and Technology Promotion Society)
- What
- Is introducing a RESCO model for rooftop solar panel installations on government buildings.
- When
- The tender will be floated once the document is complete. The UT proposal began nearly five years ago and received approval from the Joint Electricity Regulatory Commission (JERC) in January 2023.
- Where
- Chandigarh
- Why
- To boost solar energy production and utilization in the city.
- Location
- Chandigarh
- Organization
- CREST
- Project Type
- RESCO Model
- Target Properties
- Government buildings
- Electricity Sale Price (per unit)
- Rs 4.96
- Estimated investment per 3MW project
- Rs 15 crore