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ITI Limited receives LoI worth Rs 37.5 crore from BREDA to install 2,800 solar street lights in Bihar

By: APAC Media

by APAC Media
May 17, 2024
in Energy & Power, Governance
Reading Time: 1 min read
ITI Limited receives LoI worth Rs 37.5 crore from BREDA to install 2,800 solar street lights in Bihar

ITI Limited receives LoI worth Rs 37.5 crore from BREDA to install 2,800 solar street lights in Bihar

Summarize with:

New Delhi: ITI Limited has received a Letter of Intent (LoI) valued at Rs 37.5 crore from the Bihar Renewable Energy Development Authority (BREDA) for the installation of solar street light systems.

The contract, awarded to ITI Limited’s Naini unit by DPRO Katihar, includes the design, supply, installation, testing, and commissioning of 2,800 solar streetlight systems, along with a five-year Comprehensive Maintenance Contract (CMC), including remote monitoring. This project, under the Mukhyamantri Gramin Solar Street Light Yojana, is worth ₹8.58 crore. An additional LoI worth ₹28.94 crore was also secured by the Naini unit.

BREDA will oversee the installation of the solar street light systems. The major components of these systems include solar PV modules, solar batteries, LED luminaires, mounting structures, and Balance of System (BOS).

“This project is a testament to our commitment to sustainability and creating vibrant rural environments. The project adds to the aesthetics and provides cutting-edge lighting solutions for a greener tomorrow,” said Rajesh Rai, the Chairman and Managing Director of ITI Limited.

Summarize with:
Tags: Balance of SystemBOSBREDACMCinstallation of solar street lightITI LimitedMukhyamantri Gramin Solar Street Light YojanaRajesh Raisolar street lights in Bihar
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