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Distributed Energy
Schakralaya-Puducherry

Schakralaya-Puducherry

Puducherry, India.2019

19.5 %

IRR

6 years

Break Even Period

3.39 X

Target total return

20 years

Target investment period

Schakralaya-Puducherry

Puducherry, India.2019

19.5 %

IRR

6 years

Break Even Period

3.39 X

Target total return

20 years

Target investment period

Energy Customer Profile

Schakralaya are dealers and workshops for Mahindra cars and Tata Motors cars and are based out of Pondicherry. They also have built a long legacy of sustainability and diversity in the workplace. Schakralaya is one of the prominent dealership and workshop organisation in South India to introduce and implement innovative technologies successfully and stay at the forefront of the industry. With considerable investment in processes and quality improvement, their operations have been at the cutting-edge of technology since its inception.

This 50 kW solar power plant, located in Puducherry, India was commissioned in late September 2019 and is currently available for purchase. The purpose of this plant was to power electrical appliances for the workshop  using rooftop solar, off-setting the use of power from the grid and reducing the energy paid to the electricity board. The plant is currently available for purchase at $28,571.  The lease duration is 20 years and cost per unit is $0.07, with a 5% escalation every 5 years for the first 10 years. Thereafter, for the remaining years there will be a one time 5% escalation at the beginning of the 11th year. If you are interested in purchasing this plant, please select the “For Sale – Contact Us” option and fill out the form. We will get in touch with you shortly.

Power Purchase Agreement

How do distributions work?

In terms of monthly payment, the Energy Customer is only charged on the basis of power produced. Under our current Power Purchase Agreement (PPA), parties involved agree to a rooftop lease for the full lease period on a non-chargeable basis and also an O&M contract with Distributed Energy. The lease period is 20 years. Solar panels come with a product warranty of 5 years and performance warranty of up to 25 years. Solar inverters will have a warranty of 5 years.

 

Project was commissioned within 8 weeks from the date of approval of design and arrangement of finance.

What fees will I be paying to Distributed Energy?

Under the current PPA, Distributed Energy share, including O&M fees, is 15% of revenue generated monthly.

Why Invest?

The proposed project has a 19.57% return on investment with a target total return of 3.39x and break-even period of 6 years. As the Investor, you shall be the owner of the solar asset for the PPA period and reserve the right to hypothecate the asset if necessary. From a clean energy mobilisation perspective,  percentage savings the Energy Customer will be making over time as a result of this project implementation are substantial.

Amount % Saving

$22,317/- for 1-5 years

Avg 44.36%

$24,909 /- for 6-10 years

Avg 47.16%

$25,967/- for 11-15 years

Avg 46.82%

$30,181 /- for 16-20 years

Avg 51.84%

Partners on the Project

First Solar Panels

ABB Solar Inverters

POLYCAB Cables

Distributed Energy