Thermax Solar

Leveraging its 50 years of leadership in the energy and environment sector, Thermax has today emerged as a forerunner in the engineering, design, procurement and installation of solar power plants. We provide end-to-end support to our customers, from concept to commissioning and O&M support, thereafter. With installations spread across industries and geographies, Thermax is helping customers generate green energy and minimise electricity cost.
150 + Delighted Customers

Across Geographies

72 Mega Watt

Capacity

245 Million Units

Electricity Generated

200 Thousand Tonnes

Reduction in CO2 Emission

70 Thousand Homes

Equivalent Green Power Generated

3.4 Million + Trees

Planted Equivalent

Find Your Nearest Dealer

Our Footprint

“We have an installation close to you”

18

States

85

Cities

51

Dealers

.. and counting

The Thermax Edge

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Industry leading performance ratio for solar power plant


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Innovative financing options


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Customised off-grid and on-grid solar PV solutions


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Dedicated solar O&M team and nationwide service support


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Free electricity for 25 years

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Industry acclaimed EPC expertise

What We Do

Our vast knowledge and unparalleled expertise in EPC and O&M (Operations and Maintenance) make us the perfect partner to help you transition to solar energy. Our seasoned experts with the knowledge of power generation, grid management, distribution and asset management will support you in configuring an optimal solution tailored for your requirement.

Largest rooftop solar PV plant on a single roof

How We Work

With 25 years of expertise in seamless execution of technology driven power plant projects on EPC basis, we continue to delight our customers by delivering high quality projects on time.

Superior

Plant Performance

Global

Sourcing

Safe Execution

ISO 45001 Compliance

Quick

Turn Around Time

Financing Options

We work with the best project financing partners to ensure the viability of your solar power plant installation.

Thermax offers various financial models to support customers for the installation of solar PV systems. Our models are designed in a way that allows customers to choose and deploy their capital optimally.

We deliver green electricity at a price chosen by you

Customer Speaks

Clientele

Awards & Recognition

Maharashtra State
Annual Solar
e-Awards

2020-21

Award by

EQ Magazine

Best EPC Player
in Industrial Segment
for North
Region 2019

2019

Award by

EQ Magazine

Best EPC player
in Industrial Segment
for South
Region 2019

2019

Award by

EQ Magazine

Customer Appreciation
for Outstanding O&M
Support during
COVID

2020

Award by

a leading petrochemical PSU and a Navratna company

Policy Snapshot

State Andhra Pradesh
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit 100% of Sanctioned load
Grid penetration % of distribution transformer Cumulative capacity of all solar systems installed in your area shall not exceed 60% of Local Distribution transformer capacity at LT level and 100% at HT level.
Billing Mechanism 1) Half yearly
2) Any unadjusted electricity credits shall be paid as per the rates notified by APERC.
Eligibility Industrial & Commercial
Remarks
State Telangana
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit 80% of sanctioned load
Grid penetration % of distribution transformer 50%
Billing Mechanism 1) Half yearly (June & December)
2) Any unadjusted electricity credits shall be paid as per the rates notified by TSERC.
Eligibility Industrial & Commercial
Remarks
State Gujarat
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit MSME (Manufacturing) can install system size irrespective for their Sanctioned Load.
All other entities can install system size = 50% of your Sanctioned Load
Grid penetration % of distribution transformer Cumulative capacity of all solar systems installed in your area shall not exceed 100% of distribution transformer capacity in your area.
Billing Mechanism 1) Any unadjusted electricity credits shall be paid as per the rates notified by GERC.
2) If MSME (Manufacturing) 50% of Sanctioned Load, the bill accounting will take place on 15 minutes time block basis
Eligibility Industrial & Commercial
Remarks
State Haryana
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit 100% of sanctioned Load
Grid penetration % of distribution transformer Cumulative capacity of all solar systems installed in the area shall not exceed 50% (LT connection) & 30% (HT connection) of Local Distribution transformer capacity in the area.
Billing Mechanism Annual settlement
Eligibility Industrial & Commercial
Remarks Mandatory for all Commercial complexes, Offices, Malls, etc. (existing as well as new buildings) having Connected Load of 50 kW and above to install 3% to 5% capacity of their Connected Load of solar.
State Karnataka
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit 100% of sanctioned Load
Grid penetration % of distribution transformer 80%
Billing Mechanism
Eligibility Industrial & Commercial
Remarks 2300MW Grid connected Solar Rooftop Systems targeted by 2022 in Karnataka
State Madhya Pradesh
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit
Grid penetration % of distribution transformer 30%
Billing Mechanism 1) Annual (April to March)
2) Any unadjusted electricity credits shall be paid as per the rates notified by MPERC.
Eligibility Industrial & Commercial
Remarks
State Maharashtra
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit 100% of Sanctioned load
Grid penetration % of distribution transformer 40%
Billing Mechanism 1) Annual (April to March)
2) Any unadjusted electricity credits shall be paid as per the rates notified by MERC.
Eligibility Industrial & Commercial
Remarks
State Punjab
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit <80% of sanctioned load
Grid penetration % of distribution transformer 30%
Billing Mechanism 1) Annual (Oct to Sep)
2) The settlement of net energy including any banked energy shall be done at the end of each settlement period based on 90% of the consumption. At the beginning of each settlement period, cumulative carried over injected energy shall be reset to zero.
Eligibility Industrial & Commercial
Remarks Electricity generated by the rooftop solar system shall not be more than 90% of the electricity consumption at the end of the settlement period.
State Rajasthan
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit <80% of sanctioned load
Grid penetration % of distribution transformer 30%
Billing Mechanism 1) Annual (April to March)
2) Capping of 4.8 units per kW of the approved, installed capacity per day will also be applicable and the net surplus electricity remaining available at the end of the billing period of the respective category will lapse, and no payment will be made.
Eligibility Industrial & Commercial
Remarks Check meters shall be mandatory for rooftop solar systems having capacity more than 250 kW
State Tamil Nadu
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit 100% of sanctioned load
Grid penetration % of distribution transformer 90%
Billing Mechanism Annual (April to March)
Eligibility Industrial & Commercial
Remarks 1) Consumer category solar energy shall be exempted from the electricity tax for two years till March 2021
2) Net Metering is only applicable for LT Customers
State Uttar Pradesh
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit 100% of sanctioned load
Grid penetration % of distribution transformer 75%
Billing Mechanism 1) Annual settlement
2) Solar Injection Compensation is the weighted average tariff of Solar Projects of 5 MW and more discovered through competitive bidding in last financial year adopted by UPERC plus an incentive of 25%.
Eligibility Industrial & Commercial
Remarks
State Himachal Pradesh
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit 80% of sanctioned load
Grid penetration % of distribution transformer 30%
Billing Mechanism 1) Annual (April to March)
2) Any unadjusted electricity credits shall be paid as per the rates notified by HPERC from time to time.
Eligibility Industrial & Commercial
Remarks
State Chandigarh
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit 100% of sanctioned load
Grid penetration % of distribution transformer 75%
Billing Mechanism 1) Annual (April to March)
2) Any unadjusted electricity credits shall be paid as per the rates notified by JERC.
Eligibility Industrial & Commercial
Remarks
State Uttarakhand
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit 90% of Sanctioned load
Grid penetration % of distribution transformer
Billing Mechanism 1) Annual (April to March)
2) Any unadjusted electricity credits shall be paid as per rates decided by UERC.
Eligibility Industrial & Commercial
Remarks
State J & K
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit 50% of Sanctioned load
Grid penetration % of distribution transformer 20%
Billing Mechanism Annual (April to March)
Eligibility Industrial & Commercial
Remarks
State Delhi
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit 100% of sanctioned load
Grid penetration % of distribution transformer 15%
Billing Mechanism 1) Annual settlement
2) Any net electricity injected in the grid shall be paid at rates decided by DERC.
3) Any excess generation (above 90 per cent) at the end of the financial year would be considered as free energy and not offset against the consumers consumption. There shall be no carry forward to next financial year.
Eligibility Industrial & Commercial
Remarks
State Jharkhand
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit 100% of sanctioned load
Grid penetration % of distribution transformer 15%
Billing Mechanism 1) Annual (April to March)
2) Any unadjusted electricity credits shall be paid as per per the notification of commission from time to time.
Eligibility Industrial & Commercial
Remarks
State Assam
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit <80% of sanctioned load
Grid penetration % of distribution transformer 20%
Billing Mechanism 1) Annual (April to March)
2) Any unadjusted electricity credits shall be paid at APPC cost of electricity as approved by the Commission
Eligibility Industrial & Commercial
Remarks
State Dadra & Nagar Haveli
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit
Grid penetration % of distribution transformer 30%
Billing Mechanism 1) Half yearly (Sep & March)
2) Any unadjusted electricity credits shall be paid as per Solar Energy Tariff Order by JERC
Eligibility Industrial & Commercial
Remarks
State Goa
Policy Scope Up to 500 KWp or Sanction load withever is lower
Individual system size limit
Grid penetration % of distribution transformer 30%
Billing Mechanism 1) Half yearly (Sep & March)
2) Any unadjusted electricity credits shall be paid as per Solar Energy Tariff Order by JERC
Eligibility Industrial & Commercial
Remarks

Disclaimer: The information above is for reference only. For latest update on policy, kindly connect with nodal agency for the respective state.

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