CUSTOMIZED SOLUTIONS
TO MEET YOUR SOLAR NEEDS!

Going Solar is one of the most viable & cost-effective solution to address the
ever increasing energy demand of the industrial sector.

WHY CAPTIVE?

In current scenario, considering other available & viable business options for going solar, Captive or group
captive projects may be the most cost-effective and low financial risk option for you. Captive option gives your
firm an opportunity to meet its own energy needs, make attractive savings per-unit of electricity, with minimal
capital investment, and at per-unit tariffs which are at least 25-40% cheaper than the grid.

HOW IT WORKS?

Under the captive/group captive model, a solar project is developed for the internal usage of one or more corporate buyers either singly or collectively. The Electricity Rules 2003 state that in relation to a captive generating power plant, not less than 26% ownership shall be held by the captive users, and not less than 51% aggregate electricity generated, on an annual basis, shall be consumed on a captive basis. Further, cross subsidy surcharge is completely exempted in captive and group captive projects, as per India’s Electricity Act of 2003.

MULTI FOLD DRIVERS

  • Continually increasing cost of power forming a major component of input costs
  • Uncertainty in power supply
  • Captive consumers can avail accelerated depreciation for their investment
  • Group captive consumers can avail power at cost by investing only a fraction of the total project cost
  • Corporate buyers can secure power at low costs
  • Rise of group captive renewable projects over the procurement of traditional power on power exchanges
  • Companies that want to avoid power tariff volatility on the energy exchanges favour renewable power procurement via captive/ group captive solar projects
  • Minimum investment and financial risk: Option of availing open access benefits of a group captive project without owning it
  • Lower LCOE: In comparison to the cost of grid power, for a captive ground mounted project, the LCOE can be much lower
  • In captive mode, the consumer-investor owns the assets
  • Captive Consumer can set off GST on Solar project Capex

WHY VIKRAM SOLAR

EPC solution

NO TECHNICAL EXPERTISE REQUIRED

Vikram Solar, with its EPC experience & turnkey projects execution, will provide the required turnkey EPC solution while installation & commissioning the solar plant with all pre-requisite regulatory approvals from the DISCOM/respective authorities and due-diligence

EPC solution

SINGLE POINT OF RESPONSIBILITY

Sustainable Operations & Maintenance: Our dedicated team of Asset Management experts will look after the solar plant over its full life-cycle

EPC solution

OUR IN-HOUSE EPC STRATEGY TEAM

Our team will ensure the completion of your solar plant from concept to commissioning

TURNKEY EPC SERVICES OFFERED

  • Risk analysis
  • Turnkey project execution at different stages
    of the project, including:

    • – Facilitating to obtain Government &
    Statutory approvals

    – Site survey

    – Basic and detailed engineering

    – Execution

    – O&M