Corporation mulling options if TANGEDCO’s plan on solar panel gets nod

A detailed project report to install solar panels in 1,374 buildings at a total cost of Rs 43 crore, as part of the smart city project, has already been prepared.

Published: 08th March 2018 04:05 AM  |   Last Updated: 08th March 2018 04:05 AM   |  A+A-

Representational image. (Workers installing rooftop solar panels)

By Express News Service

CHENNAI: While the city Corporation’s move towards installing rooftop solar panels in its buildings may be a step in the right direction as far as shifting to renewable energy is concerned, the civic body is still mulling its options if TANGEDCO’s proposal to reduce returns on investment for rooftop solar power consumers is given the go-ahead.

A detailed project report to install solar panels in 1,374 corporation-owned buildings at a total cost of `43 crore, as part of the smart city project, has already been prepared by the city corporation. The solar panels to be installed are to have a total capacity of 5.6 MW.This is in addition to the 60 rooftop solar panels currently functional. According to a corporation official, since 2015, when the 60 solar panels were installed, the Corporation has saved `10 lakh in electricity bills by exporting the excess power to the grid.
However, if TANGEDCO goes ahead with its plans to eliminate the power credit system which allows the consumers to be billed only for the power consumed by him/her after deducting the excess power exported to the grid, it will diminish the corporation’s savings drastically.

The discom had instead proposed to fix the price for solar power exported to the grid at 50 per cent of the lowest solar tender rate quoted during the previous financial year or 50 per cent of the solar preferential tariff rate issued by the TNREC corresponding to the financial year, whichever is less.

This would mean that the discom would pay the city Corporation only around `2 for every unit that is exported to the grid.Corporation officials said that they were holding talks with the government to find a way around the issue, in case the TANGEDCO proposal is given the nod.“There are discussions going on at the government level. But it is not only about the savings, it is also about using renewable energy resources,” said a senior Corporation official.

Stay up to date on all the latest Chennai news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp