Large Industrial & Institutional Consumers that have running load of more than 1 MW (1000KW), can buy power directly from power producers through open access mechanism. With prevailing subsidies & waivers in different states, solar power has gained commercial edge over buying open access power from conventional power producers. While conventional open access power attracts a variety of taxes, duties & surcharges depending on state, solar power on other hand presently has discounts on taxes; duties and certain surcharges (or Zero based on state). This altogether results in Net Landed Cost of power being reduced to consumer.
Open Access Solar Mechanism:
Yellow Haze Energy with its investors signs a long-term (10 years or more) open access solar power purchase agreement (PPA) with the consumer. Open Access agreements in solar domain are of primarily two types, group captive & third-party sale of power through open access.
A common feature of Open access solar solutions is that solar power plant for production of power is located at a remote location other than consumer site.
States served by Yellow Haze Energy’s Solar Power:
Yellow Haze Energy offers open access solar power solutions in following states:
- Madhya Pradesh
Read More on Open Access Solar Power:
To know more on open access solar power, read Yellow Haze Energy’s Blog