SOLAR PARK

1) Cash/CapEx

Cash remains a popular way to purchase a commercial-sized solar power installation among businesses. Since the cash price for a commercial solar system remains the lowest sans any additional fees and charges involved with financing and leasing it, it gives the optimum payback over a shorter duration. However, it's important to note that larger commercial solar systems incur significant expenditure, which could weigh heavily on the business capital in the short run.

2) Power Purchasing Agreement (PPA)

Solar leasing arrangements or more popularly known as power purchasing agreements are another popular choice among businesses. It involves a third party retailer who installs a commercial system on the property. The system is legally owned by the retailer, and they also bear the maintenance cost. Such an agreement allows businesses to purchase a set amount of electricity over a long term agreement from third party vendors Such arrangements reduce the overall business electricity costs because the price for electricity under a PPA is usually lower than what grid power costs.. However, in such arrangements a business is obligated to buy all the electricity generated by the system, irrespective of the fact whether it is self-consumed by the business or sent to the grid. Businesses opting for the PPA route must have it optimally sized for maximum self-consumption. Start with a low price for year one and scrutinize the fine print on how the fees range over the time of the PPA

• Complete turnkey solution including installation, govt. liasoning, grid connectivity and commissioning

• 25 years of comprehensive Operations and Maintenance contract

Synopsis

· MSME’s, Women & New Entrepreneurs

• Capital subsidy upto 35 Lacs

• Interest subsidy upto 7%

• 25 years PPA contract with GUVNL

• Applicable tariff Rs. 2.83 / KwH

• No wheeling losses and charges applicable

• Own or Leased Land for installation

• Common pooling for Multiple developers

•    Project size Minimum 500KW, Maximum 4 MW