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MCD Plans to Install Rooftop Solar Panels on 989 Buildings
The Daily Guardian
|July 10, 2025
The Municipal Corporation of Delhi (MCD) is likely to install rooftop solar power plants on 989 municipal buildings in a bid to reduce dependency on conventional power sources and lower electricity costs, officials said on Wednesday.
The project will be executed in collaboration with NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC.
Under the RESCO model, the executing agency bears the cost of installation, operation, and maintenance and is reimbursed over time through a fixed tariff per unit of solar energy generated, as agreed upon in a Power Purchase Agreement (PPA).
This story is from the July 10, 2025 edition of The Daily Guardian.
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