Project Development

In BOOT (Built, Own, Operate and Transfer) model, ARDRA shall develop a project to an extent of capacity as per statutory norm, operate & maintain (O&M) the Solar PV Plant within the client’s premises where the land or roof should be provided by client within the premises without any lease or rent. Since there is zero investment from the client, a Power Purchase Agreement (PPA) is signed with client, for a period of 15 to 25 years for the purchase of electricity generated from the Solar PV plant.

The power will be sold to the client at a competitive rate compared to the existing Grid/DISCOM rates.

At the end of the PPA term, the asset is transferred to the client at a nominal value. The client also has an option to buy back the asset at any time during the PPA term at a value agreed in the PPA.