Open Access Solar Power Project (ZERO Investment BOOT Model)
Open Access Solar Power Project (ZERO Investment BOOT Model), from Ecstasy Solar, A OneStop Solution Provider for Solar Power, for Institutional, Commercial and Industrial customers, without any investment in Group Captive Option.
Ecstasy Solar provide this, through Build Own Operate Transfer (BOOT) business model where the customer can easily install Solar PV System by just signing a PPA Agreement (Power Purchase Agreement) with the our investor (us).
Advantages of Group Captive Solar Project
Lower Cost of Power:
Industries and Commercial establishments tend to have a higher tariff, which directly affects their profits. A Group Captive scheme helps reduce their power costs considerably.
Cross subsidy(Applicable to India Consumer):
By Section 42 of the Electricity Act 2003, the consumers of Captive Power Scheme are exempt from paying cross subsidy charges. The same is applicable for Group Captive consumers.
Solar for Zero Investment: PPA Models
We works on Off-Site PPA Model only.
Off-Site PPA Model:
This facility is only available for Open-Access consumer under Group Captive Option. Where, we setup plant at a distant location. The electricity produced from the plants, gets transported through the distribution network to client location and client pays for the electricity units consumed at site as per the agreed Open-Access PPA tariff.
Why Go for Zero Investment Solar:
While Zero investment, is the main motivation, there are also considerable other benefits that make BOOT model a win-win model for all.
Optimization of EPC cost:
Individually each project size is small but as we have a large number of projects, it allows us to strategic partnerships and leverage in procurement which translates to lowering of EPC costs, resulting in additional lower tariffs.
Economy of scale in operation and maintenance costs:
Power production, even through solar requires certain specific operations and maintenance processes, which incur costs. At times, these costs are unaffordable for smaller projects but because of our portfolio, our per over-head costs are optimized.
Advantages of specialization:
Our dedication to power production through solar has brought in specialization of these processes, as a result, your plant is always maintained at optimum performance and prime condition.
Auto-upgrade to Advance technology:
Solar technology is constantly upgrading, however, new technologies come at extra cost and become unsustainable for small projects. BOOT models offers an opportunity to consumers as all these up-gradation to new technologies takes place at zero cost.