In this model, the entire investment comes from the power consumer, consumer generally hire a solar EPC company (Virupaksha) who provide turnkey installation of entire solar power system and hand over assets to consumers. We can also do annual operation and maintenance (O&M) of plant on mutually agreed cost per annum.
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Tax Savings under Accelerated Depreciation.
Upgrades their financial background.
Assured electricity at low cost for the next 25 years.
Quick Payback of investment is for Industries 4 to 5 years, Commercial 3.5 to 4.5 years, Residential 6 to 8 years.