“No-CAPEX Solar PPA” for a Leased Industrial Facility in Bhiwadi
₹44.8L
Annual Savings
1 MWp
Plant Size
Zero
Investment
15 Yrs
PPA Term
Executive Summary
A mid-sized industrial operator in Bhiwadi (Alwar district) sought to reduce electricity cost without deploying capital, as the facility operated on a long-term lease. We designed a bankable, lease-compatible structure enabling a third-party solar company to fund the project.
The Challenge
- Leased Asset: Client did not own the roof.
- High Load: Multi-shift operations with strong daytime consumption.
- Constraint: Landlord worried about roof integrity and liability.
The 3-Document Solution
1. PPA
Solar Co ↔ Client. Defines tariff and payment terms.
2. Roof License
Solar Co ↔ Landlord. Defines access and safety.
3. Tripartite NOC
All Parties. Acknowledges continuity.
Financial Impact
Grid Cost:
₹8.2 / kWh
Solar PPA Tariff:
₹5.4 / kWh
Net Savings:
₹2.8 / kWh
Key Learnings
Leased premises solar is a contracting problem, not a technical one. Once the landlord-tenant-developer template is proven, rollouts across multiple leased sites become fast and standardized.