B.O.O.T Model -The Future

BOOT/RESCO – Model Drive ®

SNAD has committed itself to provide customized and innovative solutions at economical charges. Our customers get to choose from a wide variety of sustainable solar PV products of superior quality that are known for their durability and affordability. We only use products from renowned brands from all over the world that have all the necessary quality certifications. All of these ensure that we offer the best deal on Solar Photovoltaic Power Solutions. We can also import the main components of solar PV to meet our customers’ special requirements while working with the appropriate budget for the BOOT/RESCO model for solar PV rooftop projects.

Although we focused on the CapEx model for a long time, the RESCO/B.O.O.T model has been adopted in the C & I rooftop sector in India over the last three years.

This infographic chart provides an insight into the installed capacity and the business model of solar rooftop systems in India.

In 2019, India ranked fourth on the list of the world’s most appealing renewable energy markets. Due to its geographical location and physiography, India enjoys a rather advantageous position when it comes to solar power. As a result, the solar rooftop industry in India holds immeasurable potential and promise for both the customers as well as entrepreneurs. We sincerely hope that by enacting favourable policies, the Indian government will provide much-needed support to this sector, particularly the C & I rooftop sector.

SNAD functions in the spirit of entrepreneurship, teamwork, and relationship building. We believe in delivering quality and fulfilling the promise of durability and profitability. We are actively looking for a partner for our future solar rooftop projects based on the B.O.O.T/RESCO model for financing/investing in 50 MSME/industrial projects. These projects of 500 kWp cost INR 1.75 crores each and are spread across 12 states in India.

RESCO/B.O.O.T Model – Zero Investment Plan

RESCO/BOOT Financial Model: The EK-DO-Teen-Char Plan

STEP 1: Sign an LOI stating convertibility at any time after 10 years of PPA at the rate of INR 5.50 kWh/unit in West India, and the rate of INR 6.00 kWh/unit in North and North-Eastern India.

STEP 2: Pay 10% of the total cost of the plant as the booking amount with zero interest at the time of signing the LOI. 50% of this amount will begin to get adjusted from the supply bill for the 13th month, till the time the entire 10% of the total cost of the plant paid as the booking amount gets adjusted.

Note: In the case of rejection of the plant application and/or LOI, or any other such circumstances, the amount paid in advance will be refunded fully.

STEP 3: Supply all documents enlisted in the checklist along with the plant application, as per the investor’s mandate, within 7 days.

STEP 4: Commissioning of the plant within 150 to 180 days from the date of approval of the plant application.