Government of India has set an ambitious target of adding 100 GW solar energy capacity by 2022.
In accordance with the same, Ultrashine Solar is committed towards developing a total 100 MW decentralized Ultrashine Solar Park in different locations of Gujarat by 2022 for selling generated electricity under open access route.
Any large electricity consumer (Industrial/Commercial) can purchase electricity from Ultrashine Solar at a lower cost than government owned electricity distribution company (DISCOM) under open access route by signing a long term Power Purchase Agreement (PPA).
Guaranteed savings for each unit of electricity purchased @ zero investment.
How does Power Purchase Agreement under open access route work?
Ultrashine Solar sells electricity generated at Ultrashine Solar Park to Power Purchaser under open access route at a mutually pre-determined tariff.
Power Purchaser pays for the units consumed, gets guaranteed savings from Day 1 as Ultrashine Solar’s tariff is lower than that of the government owned electricity distribution company (DISCOM).
Wheeling (transmission) of electricity generated from Ultrashine Solar Park (Power Producer) to large electricity consumer (Power Purchaser) is done through transmission network (grid) of government owned electricity distribution company (DISCOM).