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Commercial & Industrial Solar
As businesses and corporates across India exhibit a heightened focus on their Environmental, Social, and Governance (ESG) objectives, it necessitates the integration of sustainable practices across their value chain. MN Energy offers a comprehensive range of tailored green energy solutions to Commercial and Industrial (C&I) enterprises, facilitating their transition towards achieving net-zero emissions and fulfilling renewable obligations in line with their ESG commitments. These solutions are provided at economically viable rates, ensuring long-term sustainability for businesses while fostering their environmental stewardship.
By generating their own electricity, businesses can significantly reduce their dependence on grid power, leading to lower energy costs and stable cash flows.
Using solar energy drastically reduces a company’s carbon footprint, aligning with India’s focus on climate change mitigation and appealing to environmentally conscious customers.
Solar power provides a reliable energy source, mitigating the risk of power outages and ensuring consistent operations, crucial for businesses in India.
Section 32 of the Income-tax Act allows for accelerated depreciation on solar assets. Businesses can claim a 40% depreciation on the cost of the solar plant in the first year, and potentially an additional 20%. This reduces the taxable income in the initial years, leading to lower tax payments.
- The applicant must be an Indian citizen.
- The applicant must own a house/ flat with a roof that is suitable for installing solar panels.
- The applicant must have a valid electricity connection.
- The applicant must not have availed of any other subsidy for solar panels.
- The applicant must have valid bank account.
- Free electricity: Households can get free electricity from the solar panels they install.
- Reduced electricity costs: Households can save money on their electricity bills.
- Increased renewable energy: More people can use renewable energy due to subsidy benefits.
- Reduced carbon emissions: Solar energy can help reduce our carbon footprint
- First, the interested consumer has to register on the National Portal. This has to be done by selecting the state and the electricity distribution company.
- The National Portal will assist the households by providing relevant information such as appropriate system size and, benefits.
- The consumers can choose the vendor and proceed with the installation of the Roof Top Solar unit they wish to get installed.
MN Energy Solar Energy Specialty:
- Best Value Assurance
- Easy Loan Facility
- Generation Guarantee
- Zero Maintenance Cost
