Marketplace/Project

Solar for Mall in Maharashtra

115 kW Rooftop Solar for Mall in Pune, India

DE has signed a 15-year Power Purchase Agreement (PPA) with our customer to fund, install, and manage a 115 kW rooftop solar project. The plant is already delivering reliable, clean energy- helping our customer cut electricity costs while significantly reducing their carbon footprint.

Project status
Generating returns
Location
Maharashtra, India
Structure
Power Purchase Agreement
Solar for Mall in MaharashtraGenerating115 kW
Impact

Project impact over 25 years

Coal avoided
1,658 t

Tonnes of coal avoided over the project's operating life.

CO2 offset
2,367 t

Tonnes of CO₂ offset versus the grid mix.

Health impact
23 t

Tonnes of SO₂ avoided, reducing local air pollution.

Customer benefit
Rs. 2,67,56,150

Estimated customer savings vs grid tariff.

Overview

Project details

The mall-multiplex in Pune, Maharashtra is a busy hub of shopping and retail outlets spread across four floors, operational since 2017 and running 365 days a year for at least 12 hours daily. Under state net-metering regulations, excess solar energy generated is credited for future use. Through the PPA, the customer saves over 40% per unit of electricity generated while reducing their carbon footprint.

Investment details

Agreement typePower Purchase Agreement
Project typeRooftop
Expected IRR>16%
IRR with loan>19%
Tenure remaining11 yrs
Depreciation availableYes