Project Overview: CPWD, Ranchi, a governmental project located in Ranchi, Jharkhand, has embraced sustainable energy practices by installing a 90kW solar power system. Implemented by SolarLogix, a TATA Power Solar Authorized EPC Channel Partner, this initiative marks a significant step towards renewable energy adoption in government facilities.
Solar System Specifications:
- Capacity: 90kW
- Location: CPWD, Ranchi, Jharkhand
- Daily Solar Generation: 320.4 Units
- Yearly Savings: Rs. 994,041
- CO2 Offset: 1866.798 metric tons (Equivalent to 2191.572 Acres of Forest/Year)
- Coal Burn Avoided: 925.821 metric tons (Equivalent to Planting 30893.274 Trees)
- Petrol Consumption Avoided: 796,219.119 Liters (Equivalent to 7,340,469.327 Kilometers Driven)
- Solar Installation: RCC Rooftop Structure
Benefits:
- Environmental Impact: The solar system significantly reduces carbon emissions, with an equivalent offset of 1866.798 metric tons of CO2 annually. This reduction is akin to preserving 2191.572 acres of forest each year and avoiding the burning of 925.821 metric tons of coal, contributing to a greener environment.
- Financial Savings: With yearly savings amounting to Rs. 994,041, CPWD, Ranchi benefits from reduced electricity bills and long-term financial sustainability.
- Energy Independence: By harnessing solar energy, CPWD reduces its reliance on non-renewable energy sources, fostering energy independence and resilience against price fluctuations in the energy market.
Return on Investment and Payback Period: The project boasts a Return on Investment (ROI) of 27.625%, indicating its financial viability. With a relatively short payback period of 3.6199 years, CPWD, Ranchi can expect to recoup its initial investment swiftly, thereafter enjoying substantial cost savings over the system’s operational lifespan.
Conclusion: The installation of a 90kW solar power system at CPWD, Ranchi underscores the commitment to sustainability and responsible energy management. By harnessing clean, renewable energy, CPWD sets an example for other governmental projects, driving the transition towards a greener and more sustainable future.