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India’s first solar power plant for residential society to come up in Mumbai – Times Now

India’s first ‘group-captive’ model solar plant to come up in Mumbai

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Mumbai: The financial capital will soon become India’s first city to get a solar plant for residential society. This Tata Power solar plant is expected to come to Himayatnagar in Nanded and will generate electricity using solar power for just the housing society which is located at Mahalaxmi, a senior official said on Wednesday.
Tata Power Renewable Energy Limited (TPREL) will set up India’s first group captive solar plant for a residential society in Mumbai. The project is likely to be commissioned by October 2023.

“We will be generating 3 MW solar power at a plant which will be situated at Himayatnagar in Nanded, Maharashtra and this will be wheeled to Mumbai to cater exclusively for this housing society,” an official said, as reported by the Times of India.

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The first-of-its-kind project will help consumers in savings of 40 per cent in electricity bills (cheaper than the grid) for 65 per cent of solar power supplied to meet the needs of the housing society. The remaining (35per cent) will be normal supply for the consumer.

Additionally, the plant is expected to generate about 7.5 MU (million units) of energy and offset 6.15 metric tonnes of CO2 (Carbon dioxide) in the first year of commissioning itself.

According to a senior Tata Power official, in the ‘group-captive’ model, a solar project is developed for the collective usage of a residential/ housing society, and for that, the society will have to first sign an MoU (Memorandum of Understanding) with the power supplier.
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TPREL will be working on the construction, operation, and maintenance of this captive solar power plant.

Source: https://news.google.com/__i/rss/rd/articles/CBMigAFodHRwczovL3d3dy50aW1lc25vd25ld3MuY29tL211bWJhaS9pbmRpYXMtZmlyc3Qtc29sYXItcG93ZXItcGxhbnQtZm9yLXJlc2lkZW50aWFsLXNvY2lldHktdG8tY29tZS11cC1pbi1tdW1iYWktYXJ0aWNsZS05Njk1MzQ3ONIBhAFodHRwczovL3d3dy50aW1lc25vd25ld3MuY29tL211bWJhaS9pbmRpYXMtZmlyc3Qtc29sYXItcG93ZXItcGxhbnQtZm9yLXJlc2lkZW50aWFsLXNvY2lldHktdG8tY29tZS11cC1pbi1tdW1iYWktYXJ0aWNsZS05Njk1MzQ3OC9hbXA?oc=5