In a remarkable leap towards eco-friendliness, the Kannur railway station achieved a significant milestone by commissioning a 70 kWP solar plant.
The plant, heralding a sustainable future, consistently generates an average of 300 units daily, resulting in an estimated annual yield of approximately 109,500 units.
The financial aspect of the initiative is equally promising. At ₹8.5 per unit, the solar endeavor is anticipated to save a substantial amount of ₹9,30,750 annually, said B. Devadanam, public relations officer of the Palakkad Division, Southern Railway. He said the entire project, set up at a cost of ₹3.3 crore, boasts an impressive payback period of merely 3.54 years.
Long-Term Benefits
Beyond short-term gains, the solar plant offers extended advantages, with a 10-year inverter warranty and a 12-year panel warranty, both surpassing the initial investment recovery period. This not only ensures a secure return on investment but also contributes to a reduction in CO2 emissions, said Mr. Devadanam.