Under this model, client has to invest between 30% - 50% of the upfront project cost to setup a solar power plant at their premises. It allows customer to own the system without investing the full amount and at the same time allows them to enjoy the benefits of ownership throughout the project life. Customer if eligible can get benefits of Accelerated Depreciation and Subsidy’s.Ujala Company will guide the client to finance the Remaining project cost as a loan with the lowest nominal interest rate. Once the solar plant is installed at the customer’s site, It will further result in cost savings which will aid in paying of the installments required to be paid by the client for the repayment of the loan.
Some Advantages Of Capex With Financing
Equity payback is 1 to 2 years.
Customer invests between 30%-50% of 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 is up to 80% per annum
