RED-‘T’ stands for RENEWABLE ENERGY DEVELOPMENT TRUST , registered under Indian Trust Act.
RED-‘T’ aspire to promote large scale solar power projects with its channel partner www.redtsolar.com for the benefit of each and every energy consumers under respective ESCOMS starting with BESCOM consumers in Karnataka.
The pre-vetted reliable & Bankable solar plants will be made available to the subscribers having all necessary prerequisite Licenses, Permissions, NOC’s, Grants & Concessions from respective Statutory Bodies to install Ground Mounted & Grid connected solar plants at very economical cost and transfer all titles and tax benefits to them including Accelerated Depreciation on Capex, and also undertake operation and maintenance of the plant, facilitation of excess energy trading on Trade Platform as per T&C’s.
The fundamentals of solar energy make it an attractive component of a diversified long term investment portfolio: reliable technology, predictable energy output, and stable cash flows. Every RED-‘T’ project is carefully vetted and structured to minimize risk while maximizing benefits to investors and to the NATURE.
RED-‘T’ in ASSOCIATION WITH ITS CHANNEL PARTNER www.redtsolar.com is PROMOTING a community /Group shared solar array with grid-connected subscribers. Homes ,businesses, Industries, even if they do not possess there own rooftop or otherwise, receive a bill credit as if the panels were on their own roof using “virtual net metering”.
RED-‘T’ provides fully Developed Utility scale Arrays in very Ideal place and Condition to community /Groups without waiting for a single day by taking every body on board viz: Land owners, community/ groups, local governments, utilities and solar integrators.
The main objective of RED-‘T’ would be achieved by carrying out-
1)The promotion of awareness of environmental and related issues & support for educational initiatives related to renewable energy benefits.
2)Adopt & Develop Draught prone remote villages in to Renewable Energy Producing Hubs & help all the farmers to earn alternative income.
3)To create an avenue for each and every energy consumers to get access to renewable energy & hedge their energy requirement for 25 to 30 years at today’s prevailing cost and also make them to avail all the Tax benefits made available to Utility scale Investors by the Govt.