Institutional Solar systems
Solar systems for Institutional
Haarsha Power Tech Pvt. Ltd. as one stop solution for solar power projects and provide Institutional, Commercial and Industrial customers with an option of going to solar without any investment. Zero Investment Solar plants are provided through the Build Own Operate Transfer (BOOT) model where the customer can easily install Solar PV System at their premises by just signing a PPA Agreement (Power Purchase Agreement) with the investor (us).
Basic Features of BOOT Model
The basic tenant of BOOT Model is the PPA agreement signed between Consumer and Investor (our team). Under the PPA, the consumer agrees to purchase electricity produced by the solar plant at decided tariff-rate for the PPA term (duration of PPA contract).
Zero Investment: Solar plants are set up entirely on our own cost.
Zero Trouble: We also take care of design, engineering, procurement, installation & commissioning of the solar plant.
Zero Risk: You only pay for electricity generated by our solar plants. When there is no generation, you don’t have to pay anything. Hence, entire performance risk is borne by us.
Zero Overheads: The plants are also operated and maintained by us throughout the project term.
Guaranteed profits: The PPA price is 30-40 percent less than grid price, hence cost savings on electricity is guaranteed. Additionally, as our price is fixed consumer has security against any future increase in electricity prices by grid.
Zero Cost Plant: At the end of PPA term, the plant is transferred to the client at free of cost (usually Rs 1). As the minimum life of the solar plant is 25 years, the client usually enjoys at least 5-10 years of free electricity from the solar plant.