Solar for Residential Society in Maharashtra
221 kW Rooftop Solar for Residential Society in Maharashtra, India
DE has entered into a 10-year loan agreement with our customer to finance a 221 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
Generating221 kWImpact
Project impact over 25 years
Coal avoided
3,326 t
Tonnes of coal avoided over the project's operating life.
CO2 offset
4,747 t
Tonnes of CO₂ offset versus the grid mix.
Health impact
46 t
Tonnes of SO₂ avoided, reducing local air pollution.
Customer benefit
Rs. 3,55,83,328
Estimated customer savings vs grid tariff.
Overview
Project details
The society’s common-area consumption - lifts, lighting, water pumps and clubhouse - is offset by the rooftop array, with savings passed through to residents via reduced maintenance charges.
Investment details
Agreement typeLease
Project typeRooftop
Expected IRR>15%
IRR with loan>20%
Tenure remaining9 yrs
Depreciation availableNo