Solar PV installations by MI Solar
MI Solar specializes in turnkey EPC projects for Solar PV installations on land as well as rooftop. We believe that technology and industry experience are the means to the goal of high ROI.
Every Solar Photo-voltaic installation whether on Land or Rooftop is unique. The same is for the fund flows, investment appetite and expectations of returns of customers who want to invest in Solar PHOTO-VOLTAIC INSTALLATIONS (Solar PV installations).
Therefore, we offer 3 diverse BUSINESS models for our esteemed customers. They range from zero to 100% upfront investment. This helps us to offer our customers the privilege to take a decision as per their own comfort zone. They are as follows:
In this model, the Solar plant owner pays 100% of the Solar PV installations system cost upfront. This model allows residential, industrial and commercial customer own the system AND claim tax and depreciation benefits. Unlike the OPEX / RESCO model, where the investor owns the asset, in the CAPEX model the end consumer can own the asset and therefore the ability to control their Power Costs in the future.
The owner can avail up to 80 % accelerated depreciation against their Taxable Income and therefore claim tax benefits. Today, Solar has no technology risk associated with it. In such a scenario, why pay the margins for the OPEX investors if you have spare capital to invest.
We at MI Solar, help you determine which investment model to opt for. Then we help you set a plant, by which you start saving on your Taxes and Energy costs.
- Claim tax benefits.
- Insulate yourself from rise in power costs for the future.
- Power to generate your own power .
- Tag your property carbon neutral or Green.
- Earn much higher and risk free returns than Fixed deposits and other investments.
- Absolute payback within 5 – 7 years.
We at MI Solar offer 2 options Under the CAPEX model. They are:-
- MI Solar Parks
MI Solar develops solar parks that enable fast-track return on investment to investors. This is enabled through facilitation of all the necessary permissions and infrastructure in place. Moreover, the investors can reap the rewards of shared costs such as evacuation facilities, roads, water pipelines, expert supervision, shared costs on security, shared costs on Operation and maintenance by experts in the Field.
One such Solar Park being developed By MI solar is located at Surendranagar.
- Rooftop Solar Power Systems
For Rooftop owners, MI Solar’s rooftop solutions can help add substantial value to their property. It also provides a secure and predictable income stream and underwrite or enhance existing commercial operations. All the benefits associated under the CAPEX model are available for Rooftop Owners as per their Captive Consumption.
Building owners can generate new income by leasing their roofs for a certain period of time (e.g. 25 years).
OPEX / RESCO
Under this model, a third party investor invests in a Solar PV installations plant on a consumer’s roof top and sells solar power to consumer. No investment is required from the consumer. Under this model, the investor and the consumer, agree on a tariff (per kWh of Solar power) and on a timeline of a power purchase agreement (typically between 25 years).
Buy Solar PV installations without investing:-
MI Solar offers a unique business model for power consumers in India. Under this model we invest and set up a solar project at your location or in some common location. We sell the generated power to you at a cost that is less than your current or future cost of power.
The advantages of this model include
- No investment from your side.
- No hassles: We will manage the permits, construction, maintenance and operations.
- No risk: Don’t worry about the plant maintainence and life. You pay only for your consumption.
- Meet your Corporate Social Responsibility (CSR) at no additional cost.
- Go green at no additional cost.
Now, there is no reason for you to not go solar.
Disclaimer: Each of the options stated above are available and governed by Central and State policies for a given location. Please get in touch with us to know more.