We offer a range of customized financing models to ensure that you take the right step into the world of clean and green power solutions.

CAPEX model:

The consumer pays for the installation cost and owns the solar project. The energy produced is for its own use. The payback period is 3-5 years and the ROI is 20-30% annually.

Recommended for:

Residential
Industrial: SMEs, Small-medium scale Manufacturing and Production Units, Warehouses and Cold Storages
Commercial: IT/Business Parks, Office Complexes, Malls and Shopping Complexes
Institutional: Schools, Colleges, Universities, Health Centers and Hospitals

Benefits:
  • Ability to avail accelerated depreciation and subsidy benefits
  • No foreign presence ‚Äčor leasing of Land/rooftop for a long term
  • Implementing other energy conservation

PAYE MODEL:

Under the Pay-as-you-earn (PAYE) model, the customer is required to pay once they start to earn money from the solar project. The customer will provide its financials/ documents as per the requirement. After successful processing, the payment will be made by our financing partners on behalf of the customer. The customer will be asked to pay monthly instalment (principal amount and interest) to our financing partner which will be based on the tenure of the loan and savings chart prepared by us..

Recommended for:

Residential
Industrial: SMEs, Small-medium scale Manufacturing and Production Units, Warehouses and Cold Storages
Commercial: IT/Business Parks, Office Complexes, Malls and Shopping Complexes
Institutional: Schools, Colleges, Universities, Health Centers and Hospitals

Benefits:
  • ZERO upfront capital investment required
  • Start to own the project by paying monthly instalments
  • Our partners offer varying financing options and tenures

OPEX model:

The consumer sign a long-term PPA (Power Purchase Agreement) with a third party, who will pay for the installation cost and own the solar project. The consumer pays for the energy consumed/supplied by the solar project.

Recommended for:

Industrial: Large Manufacturing and Production Units
Commercial: IT/Business Parks, Office Complexes, Malls and Shopping Complexes

Benefits:
  • ZERO upfront capital investment required
  • Insurance and O&M are included in the Power Purchase Agreement rate
  • ZERO recurring cost

Difference between CAPEX and OPEX

 CAPEXOPEX
InvestmentUpfront investment for an asset having a life of more than 25 years. The payback period is 3-5 years after which the cost of energy generated is almost zeroZero upfront investment. The consumer can procure power at rates cheaper than existing grid rates for the term of PPA (15,20 or 25 years) from day 1 of the system operation
Tax Benefits
and Subsidy
Accelerated Depreciation benefit of upto 40% of the system cost in year 1. The subsidy is released to the project ownerAccelerated Depreciation benefit and subsidy will be taken by the investor who owns the system
Limitations
on Host
customer
activities
No restrictions on shutting down solar or moving to a different location or even removing it. Land/Rooftop will not be leased out. No binding long term PPA agreementCertain responsibilities of the host including to make sure like no shutting down of solar plant and no shade creating objects or activities are developed in future. Land/Rooftop has to be leased to investor. Buyout and Termination options are very costly
Operation
and
Maintenanc
Replacement of components, O&M, warranty claims are all part of the owners responsibilityO&M as well as insurance are included in the PPA rate and warranty claims are to be undertaken by the investor
Value
Addition
Addition of components like Energy storage, Power quality enhancer, capacitor banks etc. can be done by the ownerAny additional enhancement to the facility in terms of energy management has to be done without affecting the solar plant for the term of PPA

Scenario Analysis

ScenarioCAPEXOPEX
Ability to avail accelerated depreciation and subsidy benefitsYES
No foreign presence or leasing of Land/rooftop for a long term (>15 years)YES
Confident in operating and maintaining solar plant for the lifetimeYES
Implementing other energy conservationYES
Reduce operating cost without any investmentYES
Belief in Utility tariffs escalating at a high rate (>= 4%)YES
Inability to allocate manpower and resources dedicated to solar projectYES
Consistent and predictable load profileYES