Mumbai college installs 150 solar panel, cuts electricity bills by 60%

ANI | Updated: Nov 01, 2017 02:11 IST

Mumbai (Maharashtra) [India], Nov. 1 (ANI): In an effort to reduce its carbon footprint, Maharashtra College of Arts and Commerce from South Mumbai has installed a rooftop solar plant of 50 kilo watt.

The plant, set up at a cost of Rs 38 lakh, would generate 70,000 units of electricity per year and help in saving Rs 7.70 lakh in electricity cost per year. The 150 solar panels would save carbon footprint of 37.1 tonnes per annum.

The college would generate its own electricity at a cost of Rs 2.71 per unit for 25 years against its average tariff of Rs 14 per unit for next 25 years.(ANI)