ELTUS ENERGY SOLUTIONS PRIVATE LIMITED

In their own words

Eltus Energy Solutions Pvt Ltd is a clean tech startup working as a Renewable Energy Service Company(RESCO). RESCO'S operate on a model wherein they will purchase the asset (solar panels/collectors) using long term funds, generate power,distribute it and collect revenues from their customers. We aim to grow as sustainable energy partners for corporates, institutions and governments. BUSINESS MODEL(OPEX): -Our primary solar business model is called OPEX model wherein Eltus will set up a renewable energy generation/conservation facility at your site(vacant rooftop/land) for which 100% investment and lifetime Operation& Maintenance will be borne by Eltus. -The client off-takes the energy produced on a monthly basis on a pre-agreed tariff under a 15-25 years Power Purchase Agreement. -Eltus Energy offers lower then grid tariffs throughout the contract period thus guarantees savings from day one without any investment. -At the end of the contract period, the entire plant is transferred to the client which means the client enjoys free power for the rest of the plant life which is generally 30 years. -Eltus Energy uses global top tier equipment for all its plants. BENEFITS OF OPEX/RESCO FOR CLIENTS • Cheaper than Grid : Eltus Energy offersr power cheaper than grid power with savings ranging from 20% to 40%. • No investment required: Plants are great money savers but capital Intensive. With our model you can start saving from day one without Investment. • Carbon footprint reduction – Zero carbon emissions from a solar power plant.For eg:A 1 MW solar power plant offsets ~1400 tonnes of Carbon DIoxide annually, equivalent to taking 450 cars off the road. • UTILIZE VACANT ROOFTOP's : With zero investment,100% OPEX model, we convert your vacant rooftops into money minting machines with complete outsourcing of power plant to Eltus Energy. • Plant Performance guarantee and free maintenance : You lock in power cost savings through solar power (with no uncertainties from technology selection, subsidy availment, generation risks, lifetime repairs and maintenance costs, etc.) •NO HIDDEN COSTS/CHARGES: Pay only for what you use , no additional charges or costs. •NO RISK: In case of any type of failure or equipment loss, the capital risk involved is borne by Eltus Energy.

Written by the company on its public Startup India profile. Not verified by us.