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News & Views on Indian Real Estate

Tuesday, October 07, 2008

DLF, WBGEDC To Come Up With First Solar Power Project


India's first solar power housing complex is being developed at Rajarhat. Real estate developer, DLF and the West Bengal Green Energy Development Corporation (WBGEDC) have entered into an agreement for the proposed project. A total of 200 acres has been acquired in Rajarhat by DLF for the project and work is expected to start soon. The high-rise complex will provide housing solutions to all three categories - lower, middle and higher income - and contain 8,000 apartments. Photovoltaic cells will be fitted on rooftops, terraces, refuge areas, balconies and window panes to generate power. The power generated by the solar panels will directly flow into the grid, owned by West Bengal State Electricity Development Corporation Limited (WBSEDCL ) and this will be purchased by WBSEDCL at market price. That will then be registered as the complex’s own output.

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