i. Oriana Power is a company that specializes in providing solar energy solutions to industrial and commercial customers. They offer low carbon energy solutions by installing on-site solar projects such as rooftop and ground-mounted systems, as well as off-site solar farms i.e. Open access. Their business operations are primarily divided into two segments: Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO).

ii. Under the CAPEX model, they offer Engineering, Procurement, construction, and operation of solar projects. In this model, customer invest in the Capital Expenditure at their own and Oriana does Engineering, Procurement, Construction, and Operation on behalf of the client. This model may be executed in various manners such as rooftop and ground-mounted systems, as well as off-site solar farms. Under CAPEX Model they have delivered projects with a capacity exceeding 100 MWp across various locations across India till date since commencement of our business activity in this area of service i.e. June 2017.

iii. Their clients for Capex Business includes:

➢ Hindustan Petroleum Corporation Limited
➢ Hero Motocorp Limited
➢ Indraprastha Power Generation Limited.
➢ JK Laxmi Cement Limited
➢ Tata Memorial Hospital
➢ Udaipur Cement Works Limited
➢ Indian Synthetic Rubber Private Limited
➢ Ramjas Public School
➢ Mrs. Bectors Food Specialities Limited
➢ Panchwati Prayogshala Private Limited
➢ Renew Mega Urja Pvt. Ltd. (c/o Saint Gobain Glass India Limited)

iv. Their clients for RESCO MODEL include:

➢ Hindustan Copper Limited
➢ National High Speed Rail Corporation limited
➢ Modern Delhi Public school, Faridabad
➢ Sarvodya Kanya Vidyalaya (at 21 locations in Delhi )
➢ Umang Dairies Limited ➢ ESI Hospital, Chandigarh
➢ Employee Provident Fund Organization, Faridabad

v. Business Model

1. Capex Model / EPC: Engineering, Procurement and Construction: CAPEX stands for Capital Expenditure. The CAPEX model is the most commonly employed model in India. In this model, consumers own the system, fund it, and consume the energy generated throughout the project life, so the consumer is responsible for the risks associated with the operation, management, and maintenance of the system. Often the consumer finances this through bank funding. The owner can apply for the capital subsidy provided through the CFA (Central Financial Assistance) and additional subsidies provided by the respective state governments. However, in this model, the owner has the maximum risk.

2. RESCO Model: The RESCO model (also known as the OPEX model or BOOT (Build, own, operate, transfer) involves an energy company, RESCO, arranging the necessary capital for the projects and bearing all of its associated risks. In this model, the developer makes an agreement with the roof-top owner.

Competitive Strengths

i. Experience Management Team:
ii. Training and Skill development programs to strengthens Operation & Maintenance Team
iii. Investment in Subsidiary Companies