Rooftop solar firm MYSUN plans to invest ₹600 crore in the next three years to develop a 200 MW solar portfolio of the first phase of its recently launched asset vehicle. This new venture will provide bespoke solar energy solutions to large corporate, industrial, and commercial establishments on a built, own, operate, and transfer (BOOT) or Renewable Energy Service Company (RESCO) model, Gagan Vermani, CEO and Founder, MYSUN said.
“The new asset vehicle will provide on-site and off-site solar energy solutions to industrial and commercial clients under the RESCO model,” he added.
MYSUN+ has already gained traction with some of the large and renowned Indian as well as multinational companies becoming clients and has signed up and executed/executing projects in Rajasthan, Madhya Pradesh, Andhra Pradesh and Puducherry, Vermani further added.
With this new venture, MYSUN becomes a complete 360-degree solar company meeting vastly different financing needs of its diversified client base of the large, medium and small industry as well as homes, all under one roof.