Everest Industries Ltd is one of India’s leading and fastest growing complete building solutions providers. Incorporated in 1934, Everest has a rich history in manufacturing of Building materials and Pre-Engineered Steel Buildings. Everest offers a complete range of new age building products for roofing, ceiling, wall, flooring & cladding solutions and also manufactures Pre-Engineered Steel Buildings for industrial, commercial and residential applications.
Its building products and solutions are available in more than 1,00,000 villages and 600 cities in India and also in over 35 countries globally. Everest has designed, manufactured and erected more than 2,000 Pre-Engineered Steel buildings across 275 cities in India. Backed by innovation, the Company has continuously introduced modern products & solutions over the last eight decades to meet the contemporary requirements of the construction industry.
As a result, over the last few years, the company has been actively looking at rooftop solar as a possible means to reduce its carbon footprint. This is where SafEarth came in and helped make their dream become a reality. The Rooftop CAPEX Solar installation of 700 kW has helped Everest Industries Ltd reduce 1298 tonnes of CO2 emissions a year.
Project Details :
| Characteristics | Value |
| Size | 700 kW |
| Commercial Operation Date (COD) | March 2023 |
| Type | Rooftop |
| Financing Mode | CAPEX |
| Execution Time | 5 Months |
| Annual Generation | 543,750 kWh |
| CO2 Reduction | 1298 Tonnes |
| Levelized Cost of Energy | < INR 1.8 / kWh |
*Graph of Total Annual Cash Flow
The exact details are confidential. This is for visual representation only
The project closed with significant benefits to the off-taker and the company stands to save upwards of with the installation of the rooftop solar system by SafEarth.
Project Workflow
SafEarth is proud to be a part of this journey. This is how we helped their transformation:
Project Design:
Upon signing Everest Industries Ltd, SafEarth first visited the site and a detailed engineering report for the project. The designed system optimized the generation and the return on investment of the plant. Best industry practices have been used in this system.
Installation:
The Vendor installed the plant on the roof of the industry following the best in industry practices. The plant has been set up using premium components and has been designed for top-grade performance.
Quality Assurance by SafEarth:
Before Commissioning and Handing over the plant, the SafEarth quality team visited the site and identified any punch points related to the project. The plant was handed over only after resolving these punch points.
Operations and Maintenance:
The O&M for the plant is now being done by the Vendor. The contract sets out clear benchmarks against which the output of the plant will be evaluated.
Final Outcome of Project
SafEarth has helped Everest Industries Ltd reduce its carbon footprint by 1298 tonnes per year of CO2 equivalent and save over 65% of their electricity bills in the process. The Company was able to get the best quality solar plant without having to worry about any aspect of the project and as a result, they have awarded additional projects to SafEarth.
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