QUOTATION

40KW SOLAR ROOFTOP

TO

M/S, M M FOODS

27 NAMKEEN CLUSTER SECTOR-D SANWER ROAD

INDORE

JULY 25, 2023

GREEN SPECTRUM SOLUTIONS
S-67, SAPPHIR, KALINDI GOLD CITY, OPP AURBINDO HOSPITAL, INDORE (M.P.) INDIA – 452010
 GREEN SPECTRUM SOLUTIONS
Authorized Solar Distributor

Address: S-67, SAPPHIR, KALINDI GOLD CITY,

OPP AURBINDO HOSPITAL, INDORE (M.P.) INDIA – 452010
Phone: +91 88271 07531
Email: sales@greenspectrum.in ; yogesh@greenspectrum.in
GST: 23AFJPJ3733P1Z6 Ref. No #: Q25072302

Green Spectrum Solutions is pleased to announce the leading supplier of Solar Power based
products in the state of Madhya Pradesh, Assam, West Bengal, Jammu, Kargil, and Kerala.

Our EOI is structured in the following order of information:

1. Executive Summary
2. Attributes

We believe we can offer highly a competitive, quality assured products with our abilities and
technical experience. We have a broad client network around the various regions of Madhya
Pradesh and continuously supplying solar panel of varying capacities from past three years.

Green Spectrum Solutions is a proud locally owned Indore based Company and most of business
development staff have personal connections with Indore area, so we are motivated to create
value for the area, and we actively put value back into the community. At Green Spectrum have an
overall Purpose “to benefit all those who contribute” and we extend this beyond our business
interests and to include all the communities we live and work in.

At Green Spectrum Solutions we also have a mission “to deliver excellence in solar solutions”. So,
every day we strive for excellence. We have high performing teams who ensure cost effective
deliver of solar product with no compromise in quality from start to finish.

Green Spectrum Solutions is privately owned company employing 5 fulltime dedicated staff and
contractual team to extend solar power solution over various regions of Madhya Pradesh with
abundant resources like-

 Over 40 existing dealers with us in all over MP region who rely on GSS for purchasing the
Solar panels and inverters and completing the projects in their respective territories.
 2000 Sq. ft of warehouse for maintaining the stock of 200-300 kW stock of Solar panels and
inverters. We are also having the tie up with our vendors for BOS items.
 We have a good transportation and logistics network.

We deliver our products on time, to specification and on budget, safely, every time. This is the
motto of our every project delivery and will live by on Kirloskar/Havells/Jakson Solar Products.

1
 GREEN SPECTRUM SOLUTIONS
Authorized Solar Distributor

Address: S-67, SAPPHIR, KALINDI GOLD CITY,

OPP AURBINDO HOSPITAL, INDORE (M.P.) INDIA – 452010
Phone: +91 88271 07531
Email: sales@greenspectrum.in ; yogesh@greenspectrum.in
GST: 23AFJPJ3733P1Z6 Ref. No #: Q25072302

Contents
1. Relevant Experience & Track Record ........................................................................................................ 3
2. Relevant Skills ............................................................................................................................................ 6
3. Resources .................................................................................................................................................. 7
4. Commercial Offer: ..................................................................................................................................... 9
5. Terms and Conditions.............................................................................................................................. 11

2
 GREEN SPECTRUM SOLUTIONS
Authorized Solar Distributor

Address: S-67, SAPPHIR, KALINDI GOLD CITY,

OPP AURBINDO HOSPITAL, INDORE (M.P.) INDIA – 452010
Phone: +91 88271 07531
Email: sales@greenspectrum.in ; yogesh@greenspectrum.in
GST: 23AFJPJ3733P1Z6 Ref. No #: Q25072302

1. Relevant Experience & Track Record

Project 1 Madicaps University – (2019-20) – Rau, Indore (75kW)

Client Medicap University

Location Rau
Tendered Sum INR 29,000,00.00
Added GST and Net metering as per
Final price
actuals
Contract period 1 Week

Project 2 St Paul School (2019-20) – White Church, Indore (40kW)

Client St Paul School

Location Indore
Tendered Sum INR 14,55,000.00/-
Contract period 1 week
Start/end dates Nov 2019 – Nov 2019

Project 3 BL Medical Center (2019-20) – Morena, Madhya Pradesh (10kW)

Client BL Medical Center

Location Morena
Tendered Sum INR 4,83,000.00/-
Contract period 1 week
Start/end dates July 2019

3
 GREEN SPECTRUM SOLUTIONS
Authorized Solar Distributor

Address: S-67, SAPPHIR, KALINDI GOLD CITY,

OPP AURBINDO HOSPITAL, INDORE (M.P.) INDIA – 452010
Phone: +91 88271 07531
Email: sales@greenspectrum.in ; yogesh@greenspectrum.in
GST: 23AFJPJ3733P1Z6 Ref. No #: Q25072302

Project 4 Domestic (2019-20) – Gwalior, Madhya Pradesh (5kW)

Client Mr Roopchand
Location Gwalior
Tendered Sum INR 2,60,000.00/-
Contract period 1 week
Start/end dates Nov 2019 – Nov 2019

Project 5 Agriculture (2020-21) – Indore, Madhya Pradesh (5HP)

Client Mr Kedar
Location Indore
Tendered Sum INR 4,50,000.00/-
Contract period 1 week
Start/end dates June 2020

Project 6 Farmhouse (2020-21) – Khandwa Naka, Madhya Pradesh (3HP)

Client Mr Ravindra
Location Indore
Tendered Sum INR 3,00,000.00/-
Contract period 1 week
Start/end dates Oct 2021

4
 GREEN SPECTRUM SOLUTIONS
Authorized Solar Distributor

Address: S-67, SAPPHIR, KALINDI GOLD CITY,

OPP AURBINDO HOSPITAL, INDORE (M.P.) INDIA – 452010
Phone: +91 88271 07531
Email: sales@greenspectrum.in ; yogesh@greenspectrum.in
GST: 23AFJPJ3733P1Z6 Ref. No #: Q25072302

Project 7 Agriculture (2022-23) – Shahpur, Madhya Pradesh (80kW)

Client Disha CLF Bhoura

Location Shahpur
Tendered Sum INR 60,00,000.00/-
Contract period 2 Month
Start/end dates May 2022 – Jun 2022

Project 8 Agriculture (2022-23) – Shahpur, Madhya Pradesh (80kW)

Client Unnati CLF Bhoura

Location Shahpur
Tendered Sum INR 60,00,000.00/-
Contract period 2 Month
Start/end dates Oct 2022 – Nov 2022

Project 9 Industrial (2022-23) – Nimrani, Madhya Pradesh (20kW)

Client Ms Haripriya Technosoft Pvt Ltd

Location Khargone
Tendered Sum INR 14,00,000.00/-
Contract period 1 Month
Start/end dates Jun 2022

5
 GREEN SPECTRUM SOLUTIONS
Authorized Solar Distributor

Address: S-67, SAPPHIR, KALINDI GOLD CITY,

OPP AURBINDO HOSPITAL, INDORE (M.P.) INDIA – 452010
Phone: +91 88271 07531
Email: sales@greenspectrum.in ; yogesh@greenspectrum.in
GST: 23AFJPJ3733P1Z6 Ref. No #: Q25072302

2. Relevant Skills
GSS is proud to be able to provide a highly skilled team that has been working together for over
three years as a team. We have an outstanding staff and believe that this is the reason we can
consistently deliver such outstanding relationship with our clients and customers. Our teamwork,
our competitive nature, our focus on continual improvement and our desire to live our values,
mean that we will also strive to deliver better and better procurement philosophy every time.

We are committed to peddling solar products and believe that it is the best team that we can put
forward. We are lucky that everyone has skills across more than one area, and this will help benefit
the procurements overall.

We have listed a brief CV for each of the team and highlighted the relevant skills below.

Manoj – Solar Products Specialist

Nature Erection
Located Indore
Duration to Contract &
50%-time commitment to project (80% onsite and 20% offsite)
time
With over five years’ experience in Installation and Commissioning works,
Praveen has highly developed technical skills which enable him to quickly
Practical Experience complete the sites with quality and premium work. Praveen has a highly
collaborative approach, leading his teams to work in partnership in the delivery
of his projects. With years of experience in the IOCL projects as well.

Rajendra / Nitin – Supervisor

Position Site Engineer / Project Manager
Located Indore
Duration to Contract &
80%-time commitment to project (60% onsite and 20% offsite)
time
With over 8 years’ experience in the solar industry for planning and supervising
Practical Experience on site activities, surveying, design, asset management across capital works,
maintenance, and safety improvement contracts.

6
 GREEN SPECTRUM SOLUTIONS
Authorized Solar Distributor

Address: S-67, SAPPHIR, KALINDI GOLD CITY,

OPP AURBINDO HOSPITAL, INDORE (M.P.) INDIA – 452010
Phone: +91 88271 07531
Email: sales@greenspectrum.in ; yogesh@greenspectrum.in
GST: 23AFJPJ3733P1Z6 Ref. No #: Q25072302

3. Resources
Green Spectrum Solution, privately owned company employing 5 full time dedicated staff to
extend solar power solution over various regions of Madhya Pradesh.
GSS has operations over various regions of Madhya Pradesh

• Our Indore based teams 5 staff service projects

1. >6 Fulltime Employees.

2. >12 Cr Annual turnover.

+Another important aspect to demonstrate is GSS’s overall capacity and our resource base and
capability.

 Over 40 existing dealers with us in all over MP region who rely on GSS for purchasing the
Solar panels and inverters and completing the projects in their respective territories.
 2000 Sq. ft of warehouse for maintaining the stock of 300 kW stock of Solar panels and
inverters. We are also having the tie up with our vendors for BOS items.
 We have a good transportation and logistics network.

Due to the overall scale of the GSS operation, we have highly qualified, experienced, and capable
people. In total we have 5 dedicated fulltime staff, ranging from field staff to Business
Development Manager and supported by Client Representative.

SKILLED STAFF
Role Number

Client Representative 1

Finance and Accounting 1

Business Development Manager 1

Supply Chain Management 2

Project Manager 1

Project Execution Team 3

7
 GREEN SPECTRUM SOLUTIONS
Authorized Solar Distributor

Address: S-67, SAPPHIR, KALINDI GOLD CITY,

OPP AURBINDO HOSPITAL, INDORE (M.P.) INDIA – 452010
Phone: +91 88271 07531
Email: sales@greenspectrum.in ; yogesh@greenspectrum.in
GST: 23AFJPJ3733P1Z6 Ref. No #: Q25072302

Technical Features of proposed 40 KW ON-Grid Rooftop System:

S. No. Description Unit Qty. Make

1 Solar Modules –555Wp Poly nos. 72 JAKSON

50 KWp capacity ON-Grid Solar

2 Inverter with Wi-Fi Remote nos. 1 JAKSON
Monitoring System (RMS)
3 ACDB (With MCCB and SPDs) nos. 1 Elmex SPD with
L&T MCCB
4 GI Module mounting structure Set 1 Pre-Galvanized
(90 GSM)
Polycab Copper
Electrical Accessories including Flexible, RR/FINOLEX
5 Set 1
AC and DC cables & conduit Aluminum Armored
Cable
Copper Bonded Solid
6 Lightning Arrestor Set 3
with Spikes
7 Earthing points (2.0 Mtr) Points 3 As per site conditions

8 Net Meter & Generation Meter nos. 1 Secure/HPL

9 Modem & Antenna nos. 1 Secure/HPL

10 Installation and Commissioning Our Scope

11 MPEB Application and its fee Our Scope

12 Meter Testing fee and its fee Our Scope

13 Liasoning work Our Scope

14 Automatic Cleaning System Our Scope

8
 GREEN SPECTRUM SOLUTIONS
Authorized Solar Distributor

Address: S-67, SAPPHIR, KALINDI GOLD CITY,

OPP AURBINDO HOSPITAL, INDORE (M.P.) INDIA – 452010
Phone: +91 88271 07531
Email: sales@greenspectrum.in ; yogesh@greenspectrum.in
GST: 23AFJPJ3733P1Z6 Ref. No #: Q25072302

4. Commercial Offer:
Our scope of work includes “Detail survey, Design, Supply of materials as per BOQ, Installation &
Commissioning, MPEB Works.

Assumption

This pricing is assuming that the AC wire will terminate at the localized Panel in the
building. In case it is required to extend the wiring to the transformer, there will be an
addition in the total cost.

SYSTEM CAPACITY PRICES

40 KWp 3PH Solar Rooftop ON-Grid Rs. 1725000/-

System *Including GST
(With 555Wp 72 NOS JAKSON SOLAR PANELS)
(LATEST TECHNOLOGY SOLAR PANELS)

9
 GREEN SPECTRUM SOLUTIONS
Authorized Solar Distributor

Address: S-67, SAPPHIR, KALINDI GOLD CITY,

OPP AURBINDO HOSPITAL, INDORE (M.P.) INDIA – 452010
Phone: +91 88271 07531
Email: sales@greenspectrum.in ; yogesh@greenspectrum.in
GST: 23AFJPJ3733P1Z6 Ref. No #: Q25072302

5. Payback Period

Return On Investment (ROI) Calculations/Investment Calculation For 40 kWp Solar Plant

Solar Plant Capacity 40 kWp

Assumptions
Electricity Tariff 9 INR/kWh
Yearly Tariff Rise 1%
Generation From 1kWp Plant 5 KWh/kWp/Day
Depreciation % 40%
Tax 10%

Year Year 0 Year 1 Year 2 Year3 Year4

72,000 71,280 70,560 69,840 69120
Solar Generation (kWh)
9 9.09 9.18 9.27 9.36
Tariff (INR per kWh)
Benefits
648000 647935 647804 647605 647338
Saving (INR)
Costs
331000 198600 119160 71496 42897.6
CAPEX (INR)
132400 79440 47664 28598 17159
Depreciation Amount
13240 7944 4766 2859 1715.9
Depreciation Tax Benefit
661240 655879 652570 650465 649054
Net Benefit by Year
661240 1317119 19,69,690 26,20,156 32,69,211
Cumulative Benefit for Payback
3
Payback Period (Year)

10
 GREEN SPECTRUM SOLUTIONS
Authorized Solar Distributor

Address: S-67, SAPPHIR, KALINDI GOLD CITY,

OPP AURBINDO HOSPITAL, INDORE (M.P.) INDIA – 452010
Phone: +91 88271 07531
Email: sales@greenspectrum.in ; yogesh@greenspectrum.in
GST: 23AFJPJ3733P1Z6 Ref. No #: Q25072302

6. Terms and Conditions

1. Warranty on inverters is for 7 years by manufacturer.
2. Solar PV Modules Performance warranty for 25 years and 10 years on product
workmanship warranty by manufacturer.
3. Warranty can be claimed against any manufacturing defect for all the components. No
claim on broken panels after installation or physical damage of plant components.
4. We also provide AMC (Annual Maintenance Contract) for plant at nominal cost, which
includes testing and performance check of entire system in every six months. AMC for 1
year shall be free and thereafter chargeable @50/- kW/year.
5. Cleaning of panels is in the scope of customer.
6. Installation will be done within 30 days after the receipt of 80% advance payment.
7. Net-metering will be done within 45 days after the order confirmation with payment
receipt.
8. Cancellation of order is not acceptable after PO / Order confirmation.
9. Any other terms and conditions not mentioned over here shall be as per mutual
agreement.

Account Details for NEFT/RTGS

Account Name: Premium Solar Solutions
Account Number: 40511329027
IFSC Code: SBIN0061089
Bank Name: STATE BANK OF INDIA

Other Terms & Conditions:

1) Validity: Our Offer is valid for 1 week from the date of proposal and thereafter our
confirmation will be required for further validity / updates.
2) Payment - 80% advance along with confirm work order, 10 % on material at your site and
remaining 10% on receiving approval sanction letter for Net Meter.
3) Tax: GST is inclusive on above price. 12% GST on 80% Invoice amount and 18% GST on 20%
Invoice amount.
4) Net metering cost is included.
5) Transportation of material from Indore to your site is inclusive.

11