Ppa model presentation
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The document outlines the financial and operational benefits of solar energy projects, detailing the criteria for financing such projects including entity credit ratings, operational history, and project size. It emphasizes on a third-party ownership model where the customer buys electricity generated by the solar system via a Power Purchase Agreement (PPA). Additionally, it specifies requirements for potential clients, such as electricity usage profiles and financial credentials.
Ppa model presentation
- 3. No/low costs for the life of the project No asset management responsibilities Reduced energy and operational costs, once the system is commissioned Protection from utility price volatility Potential increase in property value Visible environmental/sustainability commitment
- 4. In order to execute projects in Opex Model, we have access to various pool of investors with specific needs and requirements. It is generally difficult to formulate a standard͛ for Financing project :- However, basic information is listed here: 1. Credit Rated entity, BB and above. Lower the rating, higher default risk. Hence PPA rate, securities should be consulted before making an offer. 2. Preferred annual turnover to be 10x estimate project cost 3. Preferred Ltd, Pvt Ltd companies over Partnership/Proprietary firms. For trusts, the case is taken up individually. 4. Operational facility for more than 1 year. Company operations for more than 5 years. 5. Any industry – any state. Net metering preferred, low SPM/dust environment preferred. 6. Focus on commercial and industrial buildings. Residential projects taken on case by case basis.
- 5. 3 years audited balance sheet and income statements 6 months bank statement Credit Rating of the entity, rating agency. (Ex: AA- rating issued by CARE.) Outstanding loans Company Profile and directors profile
- 6. Land/Roof ownership/lease details PAN Card Copy NoC for use of Roof from Owner Leave and license for solar rooftop power plant Letter of intent on clients letterhead - listing PPA rate, escalation, tenure etc.
- 7. Minimum size of 100 kWp, 10000 sq ft of unshaded roof. Rooftop or Ground mount – preferred net metering (rooftop) projects For captive consumption (ground mount projects), Prefer 24x7x365 working facility, with max of 3 days of shutdown in a year Running Power load > 3.5 x Solar kw size PPA will have specific clause for deemed generation Client DISCOM minimum monthly electricity bill of INR1,40,000/-. Electricity bill/usage profile required for 12 months. (Minimum 3months, with information on seasonal change in energy demand, if any).
- 8. The PPA financing model is a “Third Party” Ownership Model, which requires a separate, taxable entity (“ Project Developers” or System Owner” ) to procure, install, and operate the solar PV system on property of the “customer” of “ Facility owner”. The Customer enters into a long term contract (referred as PPA) to purchase 100% of electricity generated by the system from the Project Developers.
- 9. Client Credit profile Tenure of Agreement Escalation Rate Size of single project
- 13. Central Inverter String Inverter 7/12/2018 Chemtrols Solar Pvt. Ltd. - InterSolar 2016
- 14. 7/12/2018 Chemtrols Solar Pvt. Ltd. - InterSolar 2016
- 15. It is therefore the right time now to make your Solar Power Plant THANK YOU FOR YOUR ATTENTION - Contact - Jay Ranvir Chemtrols Solar Pvt. Ltd. Phone: +91 22 67151331 Mobile: +91 9594 9983 90 Email: jay.ranvir@chemtrolssolar.com www.chemtrolssolar.com