In this the client makes all the investment regarding Solar and the EPC Partner executes the Project. In this model the ownership of the plant is with the client and they can claim Tax/AD Benefits by which their 30% payment is recovered in terms of Tax Benefit within the first 3 Years. Size of the plant is not a Constraint.
In this model Our Investor makes all the investment and provides power to the Client at a reduced rate of around Rs 5.5/ Unit for a period of 15-20 Years without any rate escalation. In this model the ownership of the Solar Plant installed is with the Investor hence the client CANNOT claim Tax/AD Benefits.For this Model Minimum Size of the Plant should be 100kW.
In this model the cost of the total project will be divided into monthly EMI and the Tenure of EMI will be 3-6Years as per customer requirement. In this model the ownership of the plant will be with the Client/Investor, they can recover their 30% cost by Tax benefits within the first 3 Years. GST cost would be extra at actuals.For this Model Minimum Size of the Plant should be 100kW.
Established on 5th June 2018 on the world environment day, FPS aims to make green energy more feasible, accessible and affordable to everyone.