Operational expenditure is the cost incurred by the company to run its business operation. Usually the enterprise finds ways to minimize the operational cost while maintaining the quality and production. In comparison to capital expenditures, operational expenditures are fully tax-deductible.
Usually the OPEX financing is available for solar projects who have signed PPA agreement with government or buyer. Here the financier will put the entire capital expenditure upfront and against will charge the customer on a per unit basis which is typically 30% less than the grid power cost.
Solar Project oriented finance
Secured finance (collateral backed)
Fulfills working capital need of a project.
Quick and easy.
Who Can apply
Private Ltd, Public Ltd, LLP, Proprietor
Business continuity proof of last 3 years.
Solar project with P.P.A. signed.(Ground mounted, roof top)
1 year bank statement of the company.
PAN card of the company.
PAN card of the Promoters/Directors.
Business registration document.
Company address proof.
3 years balance sheet, P&L with audit report.
1 year Loan schedule statement of any previous on going loan.
3 years I.T.R of the company.
Detail solar project report with P.P.A signed document.
1 year bank statement of the promoter and directors.