Commercial Model For Project
- 100% Investment of the customer.
- Can avail depreciation and tax benefit.
- Payback period from 3 to 5 years.
- Project is owned by the customer so can take full benefit of Net meter scheme.
- Operation and maintenance contract will be optional.
- In deferred capex the investor will fund 70% of the project value.
- The EMI will be generally less than the savings earned thru placing of Solar System.
- The EMI’s will be payable for maximum 5 Years.
- The Off taker (the consumer) will invest 30% of the project value and will get 40% Depreciation in the first year.
- The Funding will be unsecured and Interest rates will be 16 to 18% PA on reducing balance. No additional collateral required.
- Processing fees of 2% payable.
- Free use of solar post the EMI’s
- The O & M and cleaning will be under Autonic’s Scope till the time the last EMI has been paid of by the Customer
- Financial Papers as per MSME Reachout
This model is specially for societies, clubs, schools, colleges, MSME’s not getting funds from secured lenders.
- 100% Finance against the project. The project will be owned by the developer.
- No Depreciation benefit.
- Credit ratings and financials of the company as per Financial institute/ investors norms
- The PPA will be generally for 15 to 25 Years.
- Solar Asset will be transferred post the PPA terms to enjoy further benefits of power generation
- Option to buy the solar plant after the lock-in period.
General required documents:
- Financials for past 3 Years and till last Quarter. Full Balance Sheets and not the mandatory paper advertisements.
- Credit rating certification current date
- Bank transactions and statements for 6 months
- Latest electricity bills for past three months.
- Details of Power assessed under the Open Access.
- Further details will be sent later
Feel free to contact at [email protected] for details
Commercials as approved by Investors and Financial Institution.