Indian Oil Powers up Rooftop Solar Plant at Northern Regional Office

O&M Arm of Gensol Emerges Winner for 5 MW Solar Tender Floated by IOCL

The Indian Oil Corporation has announced that its northern regional office in the national capital has commissioned a 50 kW rooftop solar power plant.

The Indian Oil Corporation (IOCL) has announced that its northern regional office in the national capital has commissioned a 50-kilowatt (kW) rooftop solar power plant to electrify the building.

“The solar plant has 150 solar panels of 335 watts each and will generate approximately 50,400 units of electricity annually,” the state-owned petroleum major said in a statement.

IOC will save nearly Rs 5.59 lakh every year due to the on-grid rooftop solar power plant. “The investment in the solar plant would be returned in just 3.7 years,” the statement said.

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The 50-KW on-grid rooftop solar power plant at the Indian Oil northern regional office at Green Park was inaugurated by IOC Director (Marketing) Gurmeet Singh. Speaking on the occasion, Singh said, “Sustainable development is not just a mere slogan for Indian Oil but it is deeply imbibed in the ethos of the corporation.”

“IOC”, he said, “has always been committed to a sustainable business strategy, and initiatives such as the rooftop solar plant will help continue its growth as an environmentally responsible organisation.”

In line with the strategic approach to becoming a future-ready organisation, the company is taking several initiatives to enhance its energy efficiency and reduce greenhouse gas emissions, the company stated. The firm so far has a total renewable energy installed capacity of 226 MW, which includes 21 MW of grid-connected solar power plants, 37 MW of off-grid solar plants and 168 MW of wind power plants.

The company is regularly issuing tenders for solarising its bottling and other plants across the country. The latest of which is the firms’ tender for setting up of 2.75 MW ground-mounted solar power project at the firms’ LPG bottling plant in Trichy, Tamil Nadu.

IOCL proposed to set up the 2.75 MWp solar project for captive consumption at multiple IOCL locations across Tamil Nadu through the Open Access Agreement and Energy Wheeling Agreement.