Renewable Energy

Increasing environmental concerns and consumer demand for green power makes Solar power more popular than ever.

Prime Energy India allows you to design green and reliable power solutions that can be scaled and reconfigured as required and which can include fossil and renewable power sources plus energy storage.

Our projects spread PAN India and we have cross industry experience in building Solar Plants. Our expertise and involvement ranges from concept, engineering, execution and commissioning, to operation and maintenance of completed solar system.

RESCO Model Key Points

Build Own Operate Transfer (BOOT), with ZERO Investment from Offtaker
Investor will invest in the asset on Offtaker rooftop / ground
Offtaker will buy power on a long term Power Purchase Agreement (PPA) for 15 OR 20 years
Power to be sold by the Investor to Offtaker on per unit basis
Plant will be transferred to Offtaker after the end of tenure without any further costs
Offtaker to enjoy the benefits of Net Metering
EPC / Investor will liason on the all required Government clearances / approvals
Except for change in Kiosks (HT Side), all other expenses to be in the scope of the Investor
Plant will be comprehensively maintained by the investor for the tenure
After the tenure Offtaker to make separate O & M Contracts for plant maintenance
Offtaker will give a BG equivalent to 6 months of billing amount
Investor will give Minimum Guarantees of production

Scope of Work

Offtaker’s Scope of work

To generate Purchase order / sign Power Purchase Agreement
If required, to change Kiosk, CT / PT Meters as per policy
To provide secure storage, water and electricity during construction of plant
To provide Wifi / Network for Remote Monitoring
After handover To take Insurance separately (for CAPEX only)

EPC Scope of work

EPC will install the Solar PV Plant, as per the BOM provided,
EPC Company will take all approvals / liason with for all Regulatory authorities
EPC’s scope to get the net meter installed, as per policy
Provide an online Data Logger to monitor production
EPC will do a plant maintenance for the tenure
EPC to provide required Guarantees
EPC to be responsible for all insurances and and plant related activities upto handover of plant

Time Horizons

EPC will take 4 to 6 months to construct the plant, from the date of PO / signing of PPA

Deal Structure Parties Involved

Risk Matrix

	Asset Investment	RESCO Model
O & M Risk	Low covered by BGs	Nil Pay for consumption
Generation Risk	Medium 90% Generation is guaranteed	Nil The investor, maintains the plant
Capitalization Risk	Medium Offtaker will have to fund the entire investment	Nil No Financial Investment
Tax Savings	Good Accelerated Depreciation available	Nil The asset will not be on the balance sheet, until 15th Year
Technology Risk	Until Payback	Committed period, not possible to change technology
Tenure Risk	Only upto payback period – 3 to 4 years	15 years or entire period of PPA
ROI	High returns project	NO investment

Component Warranties

Reports Provided

Layout with Complete Design before start of work (Full Construction Drawings)
Production Report initial estimate and actual comparison with Online Remote Monitoring System

Solar Panels

25 years warranty backed by global tier-1 manufacturer, eg. Trina Solar or equivalent
Warranted 90% energy output after 10 years, 80% after 25 years

Solar Inverters

Global tier-1 technology, eg. ABB, Sungrow or Equivalent
5 years manufacturers’ warranty, extendable upto 20 years

Balance of systems

Cables Lapp, Polycab, KEI,
Grounding and Lightening Arrestor JMV, SGI
Net Meter , Secure or any other approved make at each meter
Defect Liability Period by EPC for 5 years
Designed specifically for each site by EPC to minimize long-term operation and maintenance losses