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

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

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

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