SILCHAR, June 6 - Following the government�s directions towards green energy, the National Institute of Technology (NIT) Silchar and Ishwar Cables (Green Affiliates SPV 3 LLP) of Rajasthan have gone into a venture to install and produce solar energy plant at the institute on the occasion of World Environment Day.
Forging ahead in making use of the available rooftop space for installing solar plants and saving energy in a cost effective manner, NIT Silchar has signed a purchase agreement for production of 1 MW of solar rooftop plant with Ishwar Cables for 25 years in the presence of the local authorities of APDCL.
�Realising the need for energy conservation and sustenance of environment, we have gone into the power purchase agreement with the Rajasthan-based firm. This effort shall help us to reduce our energy expenses at the institute and also the expertise could be shared with other stakeholders in the future,� said Prof Sibaji Bandyopadhayay, the director of NIT Silchar.
On the other hand, Dr Ranjit G Nair, the nodal officer for the project gave a detailed account of project plan and its implications. �The average monthly electricity consumption of the institute is 366000/kWh at per unit price of Rs 6.80/kWp. We are paying Rs 29 lakh to APDCL per month now. After the installation of the plant which is likely to be done September this year, the average monthly electricity production would be 102500/kWh for which we shall have to pay Rs 2.42/kWp per unit price for the next 25 years. This will mean that the average monthly expenses will come down to Rs 2.50 lakh,� Dr Nair stated.