The rise in population and the steady growth of the commercial sector have led to an increase in demand for power consumption. The current resources of fossil fuels like coal, and hydropower projects are falling short in meeting the growing requirements. Moreover, the rising power bills, awareness about reducing the carbon footprint and limited energy sources; have all pushed the world in search of alternate means of power.
The rising awareness of renewable energy sources and the encouraging initiatives by the government has seen a steady rise in people opting for these alternative means. Renewable energy sources which are available in plenty and easily include solar energy, tidal energy, wind energy, and hydropower have successfully been used steadily in the past few decades.
In these, solar energy is widely being used for heating applications and power generation. It is gaining importance and is getting popular in urban and rural areas in residential and commercial usage.
With the awareness, comes up the need for reliable solar application solution providers who can guide with the right capacity, within the customer budget and offer reliable service support. PeriUrja Energy Pvt Ltd. excels in this regard by providing complete solar solutions with a professional approach.
PeriUrja was started by the Co-founders, Sarvesh Shetye, along with his friends and other IIM Lucknow alumni, Satish Singh and Pratik Mandvia. Sarvesh is an experienced finance professional with a demonstrated history of working in finance and the renewable industry. He is skilled in management and structured finance and risk management, strong business development professional with MBA focused on finance and finance management services.
Regaining the Perpetual Energy Source
Sarvesh started PeriUrja Energy Pvt. Ltd. in July 2017 with the objective of providing the best quality solar solutions, customized to the client requirements, in both residential and commercial segments. He implemented a simple approach to understanding the client’s power consumption initially.
Through the application of solar solutions, Sarvesh offered a comprehensive plan to the customers projecting the power generated and utilized. It also showed a systematic advantage offered in cost saving over the next consecutive years.
The skilled team of technicians calculate the property area, and open area available for sunlight and customize the proposal for solar power solution. Its focus is to provide energy optimization strategies that make the properties energy efficient.
Sarvesh has initiated research in developing new ways and means of empowering different residential and commercial premises including the rooftops, terraces, parking lots, and walls having steady exposure to the sunlight for a major part of the day.
PeriUrja Energy is an energy company which focuses on reducing global carbon footprint by promoting renewable energy as an alternative to other conventional sources of energy. Sarvesh shares, “We are an EPC (Engineering, Procurement and Construction) company specializing in setting up solar energy power plants for residential, commercial and institutional buildings. We are involved in full-scale project development right from design, engineering, sourcing, installation, and commissioning.”
PeriUrja Power Models
The company offers the solutions in two different models of Capex Model and the Boot Model. As it identified the different customer preferences, these models were customized for convenience.
Capex Model: CAPEX solar rooftop installation and Capex solar system
- Clients own the asset like a bungalow, apartment with terrace or commercial premises, PeriUrja provides EPC solutions and regulatory liaisoning services (SECI + Discom).
- PeriUrja provides turnkey solutions and access to SECI subsidy
- Upfront subsidy reduces the project cost by 30 per cent
- Solar PV systems are provided with five years of maintenance and the original manufacturer’s warranty
BOOT Model Solar System
This model is specially designed for the convenience of the customers where they are offered a service for which they have to pay. The entire installation is taken up by PeriUrja. This makes the solutions simpler for both the customers and the company.
Zero Entry Cost
No initial investment in the material and set-up is required. It is taken care of by the company itself. PeriUrja Energy sets up the plant and signs the Power Purchase Agreement (PPA) with the client. This clearly outlines the rules of the association in which the customer agrees to pay the monthly amount for the power used.
Fixed Charge
The Clients in this model have to pay a fixed charge per unit, giving them the best possible power billing in the current scenario. It operates very similarly to the respective DisComs or the distribution companies these days.
Rate Advantage
The PPA tariff of PeriUrja is lower than the existing DisCom rates. This clearly means the customers save from the very first day.
Build-Operate-Transfer (BOT) model
PeriUrja transfers a solar asset to the client at zero cost at the end of the PPA term. This self-sustaining model later provides the electricity generated on their owned solar assets. The customer gets free electricity thereafter for a long time. The competitors offer a boot model for Industrial and Commercial clients with an average ticket size being greater than 300 KWp.
PeriUrja supports housing and commercial societies and independent commercial trusts. It offers an average ticket size of lesser than100 KWp to suit a large variety of customers. It focuses on multiple societies in an area to control the operational cost at a nominal security deposit of 20 per cent.
Prompt, Feasible and Comforting Solutions
- PeriUrja provides a FREE site visit to initiate a clear communication of understanding and trust. The customer is made aware of the company’s offerings and the scope that can resolve their needs.
- On understanding the client’s requirements, the team analyses their electricity consumption pattern and suggests the ideal capacity of the installation.
- During their site survey, they check the roof-top space and feasibility of solar power plant installation.
- After complete understanding and research, the team offers the best feasible quote with the best price in the market for solar plant installation.
Easiest Regulatory Liaisoning
- Simple and systematic hassle-free paperwork.
- PeriUrja initiates the complete benefit transfer to the customers by offering exclusive access to SECI and MEDA subsidies, which it applies on behalf of the customer.
- The company takes care of the entire net metering process for the customers.
- The complete documentation is taken care of by PeriUrja so that the customers can relax and enjoy the benefits of going solar.
Robust Installation Process
The technical team sources high-quality equipment which adheres to MNRE standards. Good raw material results in high productivity and longer service periods.
Adhering to the highest quality standards, the company with all the components provided with a requisite warranty. PeriUrja believes in giving the best quality products where the customers experience total customer satisfaction
The company ensures efficient and timely execution adhering to the highest safety, and quality standards for maximum optimization of the resources and time.
Ushering India into an Energizing Future
PeriUrja is developed on a customer-centric methodology of providing solar energy solutions in customized models that help to address specific customer requirements. Moreover, its systematic and scientific approach to providing well planned and logical solutions that are based on excellent quality, utmost safety and long productive asset service life.
Its knack for rightly identifying customer requirements and providing suitable solutions has led to a steady rise in the number of satisfied customers and turnkey projects in the government and industrial sectors respectively.
Sarvesh has nicely crafted the company culture that itself holds an important promising factor for its effectiveness in numerous industry verticals.
