What we Do
We act as knowledge partners to guide clients through the complete process of procuring solar power on the most competitive terms.
HOW IT WORKS
STEP 1: UNDERSTAND CUSTOMER NEEDS
At the outset, we work with prospective clients to understand their intentions for implementing solar power. Is it for meeting their RPO obligations, for cost saving purposes, to meet corporate sustainability goals, to generate revenue or some combination of these. Do they wish to own the project, or do they prefer buying the power?
STEP 2: DECIDE ON SOLAR SOLUTION
We then ask prospective clients to share their electricity consumption data. Based on analyzing their energy utilization, location, space availability and state power regulations, we are able to form a picture of the suitable options available to them.
Based on their financial expectations and strategic goals, and incorporating the technical information compiled, we are able to recommend the most viable options for the client.
STEP 3: PPA AGREEMENT
Based on the selected solution, we bring in our solar development partner to reach a long term power purchase agreement agreement with the client. We guide and advise the client through the contracting process keeping in mind their specific needs. The contracting is designed to minimize any financial risk to the client related to cost of project development or a delay in implementation.
We arrange the complete project financing, construction, operations and maintenance for the life of the project through our development partner.
STEP 4: PURCHASE THE POWER
Once the plant is commissioned, the customer purchases and utilizes the low cost power for the duration of the long term power purchase agreement.
STEP 5: END OF PROJECT LIFE
In the power purchase agreement, there are various options available to the client with regards to what happens at the end of the project life in 15/20/25 years as the case maybe. The client can opt for a 'Build, Own, Operate, Transfer' BOOT model where the developer hands over the project to the customer at a predetermined nominal value. They can also opt to have any original equity investment returned to them. We work with the clients to decide the right option for them.
