C & I
The energy consumption of commercial and industrial (C&I) segment in India is significantly high and accounts to about 45-50 percent share of total consumption in the country. A majority of this demand is met through utilities. Increasing electricity demand and rising grid tariffs for C&I are driving business owners to consider alternatives renewable generating options which are not only economical but green and clean too.
Solon India’s business focuses on supplying power to Last-Mile customers. It is aiming to meet not more than 30% of their requirement as a measure of risk mitigation and being the priority supplier. The main drivers are rising cost advantage over grid power and policy thrust on mitigation in carbon emissions.
We facilitate Power Purchase Agreements (PPA) compliant with the CPP rules, between captive consumer and 3rd party Investor/financier. PPAs are structured with Consumers having high credit rating under long-term PPAs with take or pay obligations for a period of 10 to 15 years, enhancing the bankability of the project. Solon India constructs the CPP under an EPC contract and performs all O&M services with energy generation guarantees in accordance with prevailing industry practices
Our PPA solutions therefore allows the Business users to achieve their desired economic benefits along with their sustainable goals.
If you are a commercial or an industrial entity primarily consuming power from utility, you are at the right place. It’s time to go green with Solon India. We will take you through your journey one step at a time!