Under OPEX/RESCO model, Ujala Company will invest and set up solar plant in the customer’s premises. Ujala Company uses latest technology equipment to provide maximum benefits to the customer. Customer can consume green energy by paying per unit cost without investing in solar project. This model is also known as “Build Own Operate and Transfer”, BOOT.
Some Advantages Of Opex Model
Under OPEX model Ujala Company makes the investment for the development of a solar plant and supplies electricity to consumers at a tariff based on the power purchase agreement. • Ujala Company operates and maintains the solar plant and delivers best-in-class service for uninterrupted power supply to the client on a mutually agreed non-escalating tariff fixed for 10-15 years depending on the mutually agreed tariff and PPA Term.
Consumer can avail attractive discounts over the prevailing tariff under this model.
Risk free option of for solar installation.
Tariff under such arrangement can be availed at discount of 10 – 15% from the state grid cost per unit of electricity, depending upon the plant capacity and credit rating of the consumer.
In case the clients wish, the solar plant can be transferred to the client free of cost after the minimum contract period agreed upon.
