CREST to launch out RESCO model rooftop solar projects on government properties

The Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST) is set to introduce rooftop solar installations under the renewable energy service company (RESCO) model on government-built properties in Chandigarh.

The initiative aims to enhance solar energy adoption across the city, beginning with 3 MW projects on identified sites. CREST has selected the Chandigarh housing board’s dector 51 Housing Society as the pilot location. A memorandum of understanding has been prepared following consultations with the local resident welfare association. Further rollouts are planned on municipal corporation (MC) properties, with the MC already submitting a list of sites to CREST. Under the RESCO model, a private developer will bear the full cost of solar installation, while the electricity generated will be sold to Chandigarh Power Distribution Limited at Rs 4.96 per unit.