Sunny days for solar power
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  • Agharkar Research Institute, Pune

Sunny days for solar power

March 2012 witnessed the first commercial solar rooftop project in India when the US company SunEdison put up a 100 kW solar plant on the roof of a building in Chennai owned by Standard Chartered Bank. Under the terms of the project agreement, SunEdison would own the rooftop plant and sell electricity to StanChart at around Rs 11 per kWhr (about 20 cents per kWhr at the 2012 exchange rate).

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