You are here: Home » PTI Stories » National » News
Business Standard

Oakridge Energy to solarise 1,000 KVs, Delhi government schools

Oakridge has signed agreements with the Delhi government and Kendriya Vidyalaya Sangathan to solarise schools in Delhi

Delhi government | Delhi government schools | Kendriya Vidhayalya

Press Trust of India  |  New Delhi 

solar panel, solar cell, solar plant, solar
Representational photo: Shutterstock

Solar firm Oakridge Energy on Tuesday said it has signed agreements with the and Kendriya Vidyalaya Sangathan to solarise schools in Delhi.

The company is aiming to solarise 1,000 institutions by 2022, Oakridge Energy said in a statement.

"Oakridge Energy has signed up with Kendriya Vidyalaya and for solarizing schools in Delhi," it said.

The company further said it has recently solarised over 15 schools of the Department of Education in Delhi this year, along with the recently commissioned largest solar power project of 217 KW in Delhi University at Lady Irwin College.

Installation of solar plants at educational institutions will not only enable them to become energy independent, but will also result in substantial savings in electricity bills and generate an additional income through the sale of surplus power to the utilities.

The project is developed by the company and subsidised by the Government of India's capital subsidy scheme for government buildings, which the has utilised for solarising its schools, the statement said.

"Our goal is to solarise 1,000 schools and educational institutions by 2022, thereby providing schools access to clean and green solar energy, while also providing them reduced electricity bills in a post COVID phase when they are looking for cost savings," Oakridge Energy CEO Shravan Sampath said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, December 29 2020. 19:08 IST