What is commercial energy procurement and how does it work?
Commercial energy procurement is the process by which businesses source electricity directly from renewable energy producers through structured agreements like Power Purchase Agreements (PPAs). Through Opten Power's platform, businesses register, discover matched renewable projects across 16 states, compare tariffs and ROI in real time, and finalize contracts using automated tendering tools — typically cutting energy costs by up to 40%.
What procurement models does Opten Power support?
Opten Power supports three core models: Capex (full asset ownership with depreciation and tax benefits, best for large enterprises), Group-Capex (minimal equity investment with maximum ROI and wheeling charge exemptions, delivering ₹3–5/unit savings), and Third-Party Open Access (zero upfront capital, no maintenance responsibilities, flexible PPA terms — ideal for commercial complexes, IT parks, and hotels with high grid tariffs).
What types of businesses can use Opten Power's procurement services?
Opten Power serves a wide range of commercial and industrial consumers, including steel, cement, textile, and manufacturing units, as well as warehouses, data centres, IT parks, hospitals, hotels, and commercial complexes. Any business with significant energy consumption and grid tariffs of ₹8/unit or above can benefit from transitioning to renewable energy through the platform.
How quickly can I close a renewable energy deal on the platform?
Opten Power's automated tender engine and pre-approved modular PPA contracts enable deal closure up to 50% faster than traditional procurement processes. Once a buyer's energy profile is entered, matching projects are surfaced instantly, RFPs can be created and distributed in minutes, and standardized contracts minimize negotiation time — compressing what typically takes months into weeks.
What renewable energy technologies are available on the platform?
The platform provides access to over 4 GW of capacity across solar, wind, and hybrid (solar + wind) technologies. Projects span greenfield and brownfield opportunities across 16 Indian states, with verified data on capacity, tariff, technology type, and developer credentials — enabling buyers to choose the technology that best matches their load profile and site conditions.
How does Opten Power calculate savings and ROI for my business?
The platform uses real-time DISCOM intelligence with standardized, updated landing prices across all states to compute accurate cost comparisons. Instant IRR and payback period calculations are generated based on your consumption profile, applicable wheeling and transmission charges, regulatory levies, and the tariff from matched renewable projects — all delivered in seconds without manual analysis.
Does Opten Power assist with financing for renewable energy projects?
Yes. Opten Power's integrated project finance service connects businesses with banks, NBFCs, and private equity funds for both debt and equity financing. The platform also supports M&A advisory for asset acquisitions. This makes it possible for businesses to pursue Capex or Group-Capex models without needing to independently source and negotiate with financial institutions.
In which states does Opten Power operate?
Opten Power currently operates across 16 states in India, covering major industrial and commercial hubs. The platform provides state-specific DISCOM intelligence, including landing prices and regulatory data, ensuring that tariff comparisons and savings calculations are accurate and compliant with local grid regulations — regardless of where your business facilities are located.