Solar for Residential Society in Maharashtra
246 kW Rooftop Solar for Residential Society in Maharashtra, India
DE has entered into a 10-year loan agreement with our customer to finance a 246 kW rooftop solar project. The plant continues to deliver reliable clean energy, helping our customer achieve substantial savings on electricity costs while significantly reducing their carbon footprint.
Project status
Generating returns
Location
Maharashtra, India
Structure
Lease
Generating246 kWImpact
Project impact over 25 years
Coal avoided
3,567 t
Tonnes of coal avoided over the project's operating life.
CO2 offset
5,091 t
Tonnes of CO₂ offset versus the grid mix.
Health impact
50 t
Tonnes of SO₂ avoided, reducing local air pollution.
Customer benefit
Rs. 3,81,57,046
Estimated customer savings vs grid tariff.
Overview
Project details
Serving common-area lighting, lifts and water pumps, this installation is part of a growing cluster of housing-society rooftop assets DE manages across Maharashtra.
Investment details
Agreement typeLease
Project typeRooftop
Expected IRR>15.5%
IRR with loan>18.5%
Tenure remaining6 yrs
Depreciation availableNo