With a view to make the adoption of solar power easier on the pocket for homes and small businesses, Rajasthan-based EPC provider SunAlpha Energy has launched Easy EMI (equated monthly instalment) financing facility for rooftop solar power plants.
The company aims to enable 1000 homes and businesses with rooftop plants during the initial launch of this scheme.
While launching this scheme, SunAlpha co-founder and CEO Raghav Mittal said, “With fast approvals and executions, we intend to make the process seamless and worry free, so that our clients can focus on the savings.”
SunAlpha’s clients will have a choice of 12, 18, 24 and 36 months EMI for the financing facility. In addition to the standrad KYC documents, customers will need to submit documents such as financials of the company, loan sanction letters, bank statements, monthly sales figures and list of shareholders and directors. In an attempt to make the process fast, SunAlpha has hastened the process of sanction to within 72-96 hours of receiving all documents.
SunAlpha Energy provides turnkey EPC services along with comprehensive maintenance to industrial, commercial and residential consumers across India and aboard. With offices in Jaipur, Chennai, Hyderabad, Kolkata, Ahmedabad and Singapore, it has over 200 customers, spread across 12 states and across diversified sectors such as mining, marble, steel, plastic, universities, hospitals, schools and residences. A few of SunAlpha’s big customers include Novotel, Jindal Poly, Emami Group, Salarpuria Group and Simplex Infra.