Frequently Asked Questions
Clear answers to the questions our partners ask most.
Company & Overview
Ravi Renewables Pvt. Ltd. (Ravi Solar) is the renewable energy arm of the Garg Group, an 85-year-old Indian industrial conglomerate. We have commissioned over 50 MWp of solar projects, with another 75 MWp currently under execution, and have delivered a landmark 23.25 MWp IPP project in Sambalpur, Odisha. Our pipeline includes further utility-scale projects in Mahoba, Uttar Pradesh, and Solapur, Maharashtra (with BESS), targeting March 2027 commencement.
Ravi Renewables Pvt. Ltd. is headquartered in Noida, Uttar Pradesh, and operates across India. We provide Solar EPC, Ground Mounted Solar, Rooftop Solar, Open Access Solar, Group Captive Solar, and Renewable Energy Advisory services for commercial, industrial, institutional, and government clients.
We operate across three business lines: IPP (Independent Power Producer) — we own, develop, and supply solar power via long-term PPA; EPC (Engineering, Procurement & Construction) — end-to-end turnkey solar plant development; and O&M (Operations & Maintenance) — long-term performance management for commissioned solar assets.
Ravi Renewables is backed by an 85+ year business legacy and a strong track record in renewable energy project execution. Our team has successfully delivered solar projects for government bodies, institutions, industries, and independent power producers (IPPs), with a focus on quality, compliance, and long-term performance.
We have successfully commissioned over 50 MWp of solar projects and currently have another 75 MWp under execution. Our Independent Power Producer (IPP) portfolio includes a commissioned 23.25 MWp solar power plant in Sambalpur, Odisha.
Our projects are spread across multiple states in India, including Uttar Pradesh, Himachal Pradesh, Punjab, and Odisha. Notable projects include: 23.25 MWp Ground Mounted Solar Plant — Sambalpur, Odisha; 15 MWp Ground Mounted Solar Plant — Jalaun, Uttar Pradesh (under execution); 7 MWp Ground Mounted Solar Project — Una, Himachal Pradesh; 5 MWp Ground Mounted Solar Project — Bathinda, Punjab; 2.5 MWp Rooftop Solar Project — Kanpur, Uttar Pradesh; and 0.8 MWp Rooftop Solar Project — Ghaziabad, Uttar Pradesh.
We have experience executing projects ranging from sub-megawatt rooftop systems to utility-scale solar plants exceeding 20 MWp. Our engineering and project management capabilities allow us to deliver projects of varying scales, complexities, and energy requirements.
Ravi Renewables offers end-to-end EPC solutions covering design, engineering, procurement, installation, testing, commissioning, regulatory approvals, and ongoing support. Backed by an 85+ year legacy, ₹119 Cr+ average turnover, and a growing renewable energy portfolio, we are committed to delivering reliable, high-performance solar solutions on time and within budget.
Yes. Ravi Renewables is empanelled with leading organizations including NTPC, SECI, and ITI. Our experience working with government and institutional projects demonstrates our ability to meet stringent technical, quality, and compliance standards.
Open Access
Solar Open Access is a legal mechanism under the Electricity Act, 2003, that allows eligible businesses to purchase solar power directly from an IPP like Ravi Renewables — rather than buying from the state DISCOM. Delivered all-in landed cost is approximately Rs. 3.5–5.5 per unit, versus DISCOM tariffs of Rs. 7–12 per unit for most HT/EHT consumers.
In Uttar Pradesh and Maharashtra: HT/EHT consumers with a contracted load of 1 MW or above. Under the central Green Energy Open Access Rules 2022, the national threshold is 100 kW. Educational institutions, hospitals, and manufacturing units all qualify.
Under a Third-Party PPA, Ravi Renewables owns the plant — no equity required from you. Under Group Captive, you hold at least 26% equity and consume more than 51% of output. Group Captive eliminates the Cross-Subsidy Surcharge (CSS) and typically delivers greater long-term savings.
All-in landed cost: Generator tariff + Wheeling (~Rs. 0.70/kWh MH) + Transmission (~Rs. 0.20/kWh MH) + CSS (waived under Group Captive) + Line losses (3–5%). Indicative tariffs: UP Rs. 3.30/unit, MH Rs. 5.00/unit. Net savings: 40–50% vs. current grid costs.
Banking allows you to store surplus solar energy injected into the grid and draw it back later — managing the mismatch between daytime generation and your consumption schedule. Maharashtra: monthly banking currently permitted. Uttar Pradesh: governed by UPERC regulations. Ravi Renewables monitors state-level regulatory changes proactively.
For Power Buyers
Most HT/EHT consumers in UP and Maharashtra achieve a 40–50% reduction in per-unit electricity cost. Share your last 12 months of electricity bills and we will prepare a free, facility-specific savings projection within 48 hours.
Last 3–12 months DISCOM bills, sanctioned/contracted load letter, HT/EHT connection category, and company registration documents. Our BD team handles all Open Access filings and SLDC registrations on your behalf.
Weeks 1–2: eligibility check and savings analysis. Weeks 3–6: term sheet, due diligence, PPA negotiation. Weeks 7–20: Open Access application and regulatory approvals (3–6 months). Post-approval: scheduling, metering, commencement. Buyers committing now target March 2027.
Yes — provided they meet the minimum contracted load threshold. Ravi Renewables has active proposals for UP institutions under our Group Captive model, with 4–5 MWp earmarked from the Mahoba project.
Open Access supplements — it does not replace — your DISCOM connection. During downtime or at night, your facility draws from the DISCOM grid automatically. You pay only for actual shortfall. Our O&M team maintains contractual PAF guarantees to minimise unplanned downtime.
EPC Services
Fully turnkey: site feasibility and energy yield modelling, detailed engineering and design, procurement of modules/inverters/transformers/cables/mounting structures, civil and structural works, electrical installation, grid interconnection, SCADA integration, commissioning, and all regulatory clearances (CEA, CEIG, DISCOM).
We work with Tier-1 bankable manufacturers. Typical module brands: Waaree, Vikram Solar, Adani Solar. Inverter brands: Sungrow, Huawei, ABB/Hitachi — all with strong utility-scale track records in India.
For 5–25 MWp projects: typically 6–10 months from financial close. For 25–50 MWp: 10–14 months. Key variables: grid connectivity readiness, equipment lead times, and land access.
Critical path work — including panel mounting, electrical wiring, and HV terminations — is executed by our in-house teams. We may engage specialist subcontractors for site preparation and civil foundations, subject to our quality supervision.
Yes. We offer both full-EPC (supply and install) and LSTK (labour, supply, and turnkey) models where clients procure their own modules and inverters. The scope and guarantee terms are adjusted accordingly.
All installations comply with IEC standards, CEA Regulations 2010 and 2022, and MNRE technical specifications. Our sites are managed under an ISO 9001-certified quality plan with third-party inspection at key milestone stages.
Operations & Maintenance
Scheduled preventive maintenance (panel cleaning, inverter servicing, termination checks), 24x7 remote SCADA monitoring, corrective maintenance and breakdown response, vegetation management, annual IR scanning, Performance Ratio (PR) tracking, and periodic lender/investor reporting.
Contractual Plant Availability Factor (PAF) of 98%+ and project-specific Performance Ratio benchmarks. Shortfall against guaranteed PAF is compensated through Liquidated Damages (LD) provisions.
Yes. We offer third-party O&M takeover in UP and Maharashtra. We conduct a pre-takeover technical audit to document equipment condition and establish baseline performance benchmarks before assuming responsibility.
Regulatory & Compliance
Yes. Our team manages all necessary approvals, documentation, net metering processes, and grid synchronization requirements, ensuring a smooth and hassle-free project implementation experience for our clients.
Open Access application to the State Load Despatch Centre (SLDC), DISCOM No-Objection/connectivity approval, and scheduling and metering arrangements. Under the Green Energy Open Access Rules 2022, approval is deemed granted if not processed within 15 days. Ravi Renewables manages all filings end-to-end.
Yes. Units purchased through a registered Open Access PPA from an MNRE-accredited generator directly fulfil your Renewable Purchase Obligation under UPERC/MERC. We provide monthly generation certificates for SERC submission.
Yes. It enables direct Scope 2 GHG emission reduction under the GHG Protocol, compatible with GRI, CDP, and BRSR frameworks. For export-oriented manufacturers, it also supports the EU Carbon Border Adjustment Mechanism (CBAM).
Under the Green Energy Open Access Rules 2022, applications are deemed approved after 15 days if unprocessed. For disputes, we support escalation to the SERC. We do not transfer regulatory risk to buyers — our team manages the process end-to-end.
Yes — including early termination by buyer (with notice period and termination payment), force majeure, change-in-law protections, and step-in rights for lenders. Every PPA balances long-term cost predictability with reasonable commercial flexibility.
85-year group legacy. Ravi Renewables has commissioned over 50 MWp, has another 75 MWp under execution, and delivered a 23.25 MWp IPP project in Sambalpur, Odisha on schedule. Mahoba (UP) and Solapur (MH) are the largest simultaneous developments to date, both targeting March 2027.
IPP Model
An Independent Power Producer develops, finances, owns, and operates a power generation asset. We enter into long-term Power Purchase Agreements (PPAs) with utilities or commercial buyers, invest capital to build the asset, and sell electricity over a 20–25 year term. The buyer gets clean power at a contracted tariff; we earn a return over the asset life.
We use a combination of equity from our balance sheet and project-level debt from commercial banks, infrastructure finance companies, and green bond markets. Our finance team structures each project to optimise DSCR while maintaining appropriate equity returns.
RESCO Model
Most RESCO PPAs are signed for 15–25 years.
The RESCO developer owns the solar plant throughout the PPA period.
The tariff is determined based on project size, irradiation, electricity consumption profile, PPA tenure, and financing assumptions.
The PPA may include a fixed tariff or an annual escalation clause, depending on the commercial agreement.
The RESCO model suits manufacturing plants, automotive industries, textile industries, food processing units, warehouses, hospitals, educational institutions, and commercial buildings.
Key factors include a creditworthy customer, long-term power consumption, adequate rooftop/land availability, suitable grid connectivity, and a long-term operational commitment.
The customer bears minimal technical risk since the developer owns and maintains the plant. The primary obligation is purchasing power under the agreed PPA terms.
RESCO offers zero upfront investment, no O&M responsibility, immediate electricity savings, no technology obsolescence risk, and performance responsibility resting with the developer.
PM-KUSUM Scheme
PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) is a central government scheme aimed at solarising India’s agriculture sector — supporting farmers with solar pumps and enabling grid-connected solar power plants on rural and agricultural land.
The scheme has three components: Component-A — grid-connected ground-mounted solar plants (typically 500 kW to 2 MW) on farmer or barren land with DISCOM offtake; Component-B — standalone off-grid solar agricultural pumps; and Component-C — solarisation of existing grid-connected agricultural pumps and feeders.
Farmers, groups of farmers, cooperatives, panchayats, Farmer Producer Organisations (FPOs), and Water User Associations are eligible depending on the component. Developers can also participate in Component-A projects on leased land.
Yes. Under Component-A, farmers can lease their land to a developer and receive a fixed annual lease income while the solar power is sold to the local DISCOM — earning income without any upfront investment, and in many configurations retaining agricultural use of the land.
Yes. Under Components B and C, the scheme provides central financial assistance with a matching state subsidy and the balance funded by the farmer or through loans. Component-A is supported through an assured PPA tariff rather than a capital subsidy. Exact subsidy levels vary by state and prevailing MNRE guidelines.
Yes. Under Component-A, cultivable, barren, fallow, or agricultural land can be used, and in many configurations farming activity can continue alongside the solar installation.
Component-A projects are typically sized between 500 kW and 2 MW, connected to the distribution network at 33/11 kV substations.
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