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Thursday, June 22, 2017

Chennai Metro to draw solar power, save Rs 1.5 crore a year

The Chennai Metro Rail Ltd, a joint venture of the Central and Tamil Nadu governments, intends to install solar power plants at its stations and the Koyambedu maintenance depot to provide 6 MW of electricity.
Bengaluru-based CleanMax Solar will put up and own the solar plants and sell the power to Chennai Metro. The price at which the energy will be sold has not been disclosed, but a press release from CleanMax says Chennai Metro would save ₹1.5 crore a year in energy costs.
The order was won through a bidding process.
The solar panels would mostly be installed on roofs of stations, although some could be ground-mounted too. The exact locations of these plants is yet to be decided.
CleanMax Solar’s Co-founder and Head-Business Development, Andrew Hines, said the project would be executed in twelve months. He said the power purchase agreement for the sale of electricity would be signed in a week or two.

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