Solar Power Systems, Solar Panels Products & Accessories in Ludhiana, Punjab

Welcome to Santokh Solar

Santokh Singh and Co is a recognized reliable solar energy solutions. provider, specializing in comprehensive EPC solutions. SSC have business presence across 4 States. We are an active contributor towards shaping the solar revolution. Imbibing the ethos of Santokh Singh and Co, Santokh Power focuses on quality, performance and customer centricity to ensure reliable and affordable Rooftop solar solutions for outstanding business growth.

Our Story

The Journey of Santokh Singh & Started In 1970, When over patterns & founder S. Santokh Singh started a shop dealing in agriculture tube-well parts & pumps. Since then for the last 54 years we have take care of your water requirements in agriculture industry & homes. We have used every solution to assure that year have run out of water when you need it. In service of farmers, consumers & industries. We have taken care of your water requirements in agriculture, industries & homes. We have used every solution to ensure that you never run out of water when you need it.

SANTOKH SOLAR

We have now taken responsibility to ensure that your electricity requirements are met 24 x 7 without a break via solar energy. We have installed thousands of Kilowatts Solar power plants & Hundreds of Agricultural Solar Pumps which are giving electricity & saving your precious money in electricity bills.

Unmatched Service

Immediate Inhouse Service so that your Solar Shutdown does not result in financial or production loss. Complete turnkey basis solutions like net metering, tailor made project design, fast execution, immediate onsite service, so that you get full value for your space & investment. We have more than 50 years of history of reliable project solution provider, service & customer support so that your worries are ours.

WHY SOLAR?

In the face of pandemic-related issues, cost optimization has be come increasingly important. Due to several new government incentives, such as the Production Linked Incentive (PLI), accelerated tax depreciation of up to 40% in the first year itself and new expansionary initiatives planned by domestic manufacturers, technology prices in India are likely to reduce even further.

Additionally, with a heightened impetus on ESG (Environment, Social and Governance) and SSC commitments governing investment decisions, Solar Energy adoption transitions from a "good to have" to a "must have" for the C&I solar sector.

BENEFITS FOR SOLAR

Cost savings would be imperative for business cost savings would be imperative for businesses. ses. Adopting solar could reduce the electricity costs while Adopting solar could reduce the electricity costs while ensuring faster payback (typically in 3ensuring faster payback (typically in 3--4 years)4 years).

Carbon emission reduction is also an important driver Carbon emission reduction is also an important driver for many C&I consumers for many C&I consumers.

Solar systems generate most of the electricity while the sun shines, which for most factory units coincides with their peak hours of operation.

Solar PV system designs can be highly customized. System sizes can be specifically tailored to meet your System sizes can be specifically tailored to meet your energy, space and budget requirements.

OUR BUSINESS MODEL

SANTOKH POWER

1. Proposal Submission
2. Project Coordination & Monitoring
3. Equipment Supply

SYSTEM INTEGRATOR

1. Site Visit
2. Detailed D&E
3. Installation & Commissioning

END CUSTOMER

1. Provide space for installation
2. Uses the solution
3. Enjoys warranty

ESTIMATED FINANCIAL BENEFIT

10kWp SPV Project Payback and IRR Calculation
Project Capacity(DC)	10.00	KWp
Project Capacity(AC)	10.00	KW
Life of Project	25.00	Years
Cost (Basic)	4.00	Lacs
Approx Electricity Tariff	9.00	INR
Escalation	2%
Cost Of System	4.00	lac
Loan	0.00	Lac
Equity	4.00	Lac
Total Project Cost	4.00	Lac
Approx Total Unit Generate din 25Years	4.10	Lac Unit
Approx Project IRR	36.0%
Approx Equity IRR	36.0%
Approx PayBack Period	2.75	Years

Basic features of an EPC Contract

The key clauses in any construction contract are those that impact on time, cost and quality. impact on time, cost and quality.

The same is true of EPC Contracts. However, EPC Contracts tend to deal with issues with greater sophistication than h greater sophistication than other types of construction contracts in order to satisfy other types of construction contracts in order to satisfy Lenders' requirements for bankability Lenders' requirements for bankability.

EPC Contracts provide for:

A single point of responsibility

The Contractor is responsible for all design, engineering, procurement, construction, commissioning and testing activities. If any problems occur, the Project Company need only look to one party the Contractor to fix the problem and provide compensation. If the Contractor is a consortium comprising several entities, the EPC Contract must provide that those entities are jointly and severally liable to the Project Company.

A fixed contract price

The risk of cost overruns and the benefit of any cost savings are to the Contractor's account. The Contractor's ability to cl aim additional money is usually limited to circumstances in which the Project Company has delayed the Contractor or has ordered variations to the works.

A fixed completion date

EPC Contracts include a guaranteed completion date that is either a fixed date or a fixed period after the commencement of the EPC Contract. If this date is not met, the Contractor is liable for delay liquidated damages (DLDs). DLDs are designed to compensate the Project Company for loss and damage suffered as a result of late completion of the solar facility. To be enforceable in common law jurisdictions, DLDs must be a genuine pre-estimate of the loss or damage that the Project Company will suffer if the solar facility is not completed by the target completion date. The genuine pre-estimate is determined by reference to the time the contract was executed.

DLDs are usually expressed as a rate per day which represents the estimated extra costs incurred (such as extra represents the estimated extra costs incurred (such as extra insurance, supervision fees and financing charges) and insurance, supervision fees and financing charges) and losses suffered (revenue forgone) for each day of delay.

In addition, the EPC Contract must provide for the Contractor to be granted an extension of time (EOT) when Contractor to be granted an extension of time (EOT) when it is delayed by the acts or omissions of the Project Company.