Frequently Asked Questions

Ganit Energy is an independent power producer (IPP) that develops, owns, and operates contracted solar assets across India and the USA — headquartered in Dallas, Texas, with an Indian operating entity in Kolkata — generating long-term cash flows from power purchase agreements (PPAs).

In solar and renewable energy, a RESCO (Renewable Energy Service Company) is a business model where a third-party company — in this case, Ganit Energy — develops, owns, finances, and maintains a solar power plant on a client's property. The client does not purchase or own the hardware. Instead, they buy the electricity generated at an agreed rate — typically at a discount to prevailing grid tariffs — through a Power Purchase Agreement (PPA). This model eliminates upfront capital expenditure for the client while delivering a contracted, low-cost energy supply for the duration of the agreement.

Investment is made through a U.S. fund with a wholly-owned Indian subsidiary holding the operating assets. The U.S. fund is the investor's sole point of contact. Full mechanics are on the Investment Structure page and in the memorandum.

The offering is available exclusively to accredited investors as defined in Rule 501(a) of Regulation D. Eligibility is confirmed through accreditation documentation during onboarding.

Start with an enquiry through the contact form. Qualified investors receive the private placement memorandum and subscription documents; accreditation is confirmed during subscription.

The minimum commitment, together with target returns, fees, and complete terms, is set out in the private placement memorandum provided to qualified investors.

The stated tenor is five years, with an early-exit window after three years from initial investment, subject to fund terms and available liquidity.

No. The structure is designed so that Indian-side obligations are handled at the subsidiary level. U.S. investors file only with the IRS, on distributions and capital gains received in U.S. dollars. Individual circumstances differ — confirm treatment with your tax adviser.

Distributions take the form of capital gains and dividends, paid in U.S. dollars, and are expected to commence approximately 15 months post-investment, funded by operational PPA revenues.

Yes — Indian investors are onboarded through FEMA-compliant instruments and processes. Cross-border reporting obligations are handled at the entity level, never by investors.

Target returns and complete terms are detailed in the investment memorandum provided to qualified investors. The model is built on contracted, long-duration PPA revenue rather than merchant-market exposure.

No. Target returns are objectives, not guarantees, and capital is at risk. See the Regulatory Disclosures for the full framing.

Fifteen principal risks — spanning development, construction, operations, revenue, financial structure, and the legal-regulatory environment — are named, described, and mitigated in the Risk Management Framework.

The counterparty base is anchored by sovereign-grade entities such as Indian Railways, with escrow arrangements for receivables where applicable and legally enforceable long-tenor PPAs. See the revenue and counterparty rows of the risk register.

It is managed and priced rather than ignored: underwriting incorporates long-run INR depreciation assumptions, costs and revenues are both rupee-denominated at the asset level, and repatriation is planned at the structure level. This risk cannot be eliminated — the risk register says so plainly.

The 2026 pipeline comprises 13 independently contracted projects totalling roughly 3 MW across multiple Indian states and railway zones — each mapped and listed on the Asset Roadmap page.

Rooftop assets eliminate land-acquisition risk and sit at the point of consumption, while a distributed portfolio across many sites and counterparties means no single project or client represents a material exposure — the portfolio is derisked by design.

A disciplined, year-by-year build toward 500 MW of contracted solar capacity by 2030, as laid out in the Asset Roadmap. For scale, that target represents under 2% of Indian Railways' own stated renewable requirement.

SunCraft Energy is Ganit Energy's technical/EPC partner — a full-stack solar energy solution provider founded in 2011, operating across consulting, EPC, and RESCO business lines. The full profile is on the Partners & Affiliates page.

Indian Railways is a sovereign counterparty with a declared net-zero 2030 target requiring roughly 30 GW of renewable capacity — structural, policy-mandated demand. Payment obligations rest on the Government of India rather than a commercial balance sheet. See the full profile.

Two decades of statute, mission, mandate, and incentive — from the Electricity Act 2003 and the National Solar Mission through COP26 commitments, ISTS waivers, RPO mandates, PM-KUSUM, PM Surya Ghar, and 100% foreign ownership under the automatic route. The full policy stack is summarised on the Market Opportunity page.

Construction and operations & maintenance are delivered through SunCraft Energy, our technical/EPC partner, with twelve scheduled maintenance visits per year factored into financial projections and dedicated crews for module cleaning.

Fleet performance is monitored continuously against projections. Investor reporting and communications will run through the Investor Relations portal as it comes online, alongside direct updates.