News | October 27, 2014

PROINSO Announces PPA Offer For Distributed Generation Projects In India

The finance will be available under PPA model for all projects above 100 KW across India.

The product will be flexible with Build Own Operate & Build Own Transfer finance models, and will permit customers to have the highest quality equipment and optimised system without the CAPEX hurdle

Recruitment and Training of more PROINSO Qualified Installers is under way for full national coverage of the model.

Kunal Chandra, Director of PROINSO South Asia, highlighted the importance of this new service: “India has significant drivers in its solar market but there are hurdles which have slowed the deployment in distributed generation. Increasing availability on the already present grid is a challenge being met and we are proud to bring this new solution to the market. The bigger challenge is of course innovative financial model which will allow for rapid deployment of energy supply under IPP structure for off-grid medium size projects- we are working on this with absolute focus”.

Source: PROINSO