Under Capex model, client has to invest and setup solar power plant at their premises. it allows customer to own the system and enjoy the benefits throughout the project life. Customer if eligible can get benefit of Accelerated Depreciation and Subsidy.
Some Advantages Of Capex Model
Customer invests the capital required for commissioning of the project.
Ujala Company designs, engineers and procures the components of the solar PV system for the client.
Ujala Company constructs, installs, tests and commissions the solar power plant on a turn key basis.
Customer, if eligible for the MNRE; IGPPL; CREST; State subsidies, will be assisted in availing the benefit.
Expected return on investment for this model are up to 40% per annum.
Ujala Company manages operation and maintenance of the solar plant on mutually agreed O&M charges.
Client can avail the Accelerated Depreciation Tax Benefit.
Client can also export the unused power generated through the net-metering procedure, if available in the state.
