Atal Foundation · Investor & Land-Partner Information Document

Atal Saur Urja

1 MW Solar Power Project
आपकी ज़मीन से साफ ऊर्जा — आपके परिवार के लिए लंबे समय की नियमित आय
Year 0 · Land transferred
Year 25 · Renewal window
Year 50 · Illustrative horizon
Plant Capacity
1 MW
Indicative Tariff
₹3.00/unit
Initial Agreement
25 Years
Farmer Entitlement
20% of billing
Land Requirement: 4 Acres  ·  Estimated Project Investment: ₹6.00 Crore  ·  Framework: UPNEDA / UP Renewable Energy Policy

Contents

  1. 01The Vision3
  2. 02Project at a Glance3
  3. 03What the Farmer Receives4
  4. 0450-Year Family Wealth Plan4
  5. 05Option 1 vs Option 26
  6. 06Roles & Responsibilities8
  7. 07Common Terms Across All Parties9
  8. 0825 + 25 Year Income Outlook10
  9. 09Channel Partner Wealth Model10
  10. 10Government & Policy Alignment11
  11. 11Risk Management11
  12. 12Financial Discipline12
  13. 13Our Bigger Vision12
  14. 14Future Opportunities13
  15. 15Investment Story at a Glance14
  16. 16Why Farmers Should Join14
  17. 17Call for Land Partners14
  18. 18Executive Summary14
  19. 19Important Disclaimer15
01यह सिर्फ ज़मीन की बात नहीं

The Vision — A Family's Future, Not Just a Land Deal

For a farmer, land is never just land — it carries a family's labour, identity, and the hopes of generations to come. Atal Saur Urja is built around that understanding.

Under the proposed model, the farmer transfers ownership of a suitable 4-acre parcel to Atal Foundation. In return, the farmer receives a 20% recurring return on the project's actual electricity billing — not a single one-time payment, but an ongoing income stream tied to the project's revenue. The initial agreement is proposed for 25 years, with a further 25-year renewal that can be considered subject to applicable approvals and mutually agreed terms.

The flow, in one line: Farmer transfers land → Atal Foundation invests and builds the plant → Power is generated and sold under a PPA → Farmer receives 20% of the billing amount, on a recurring basis.

The intent is for this income to become more than a yearly convenience — a solid financial base for a family's education, health, housing, and future needs over decades.

02

Project at a Glance

ParticularsProposed Details
ProjectAtal Saur Urja — 1 MW
Plant Capacity1 MW
Land Requirement4 Acres
Estimated Project Investment₹6.00 Crore
Estimated Generation4,000 Units/Day
Estimated Annual Generation14.60 Lakh Units
Indicative Tariff₹3.00 / Unit
Indicative Daily Billing₹12,000
Indicative Annual Billing₹43.80 Lakh
Initial Agreement25 Years
Further Renewal25 Years, subject to applicable terms
Farmer's Entitlement20% of Billing Amount
Channel Partner5%
Atal Foundation75%
Financial clarification: 4,000 units/day × ₹3/unit = ₹12,000/day, or approximately ₹43.80 lakh/year before project-specific expenses, degradation, taxes and other adjustments.
03

What the Farmer Receives

A 20% recurring return, based on the project's actual billing. On current illustrative figures:

MetricIllustrative Value
Annual Billing₹43.80 Lakh
Farmer's 20% Return₹8.76 Lakh / year
Monthly Equivalent₹73,000 / month
25-Year Illustrative Return₹2.19 Crore
50-Year Illustrative Return, if renewed₹4.38 Crore

Rather than spending the full ₹8.76 lakh, a farmer may choose to split the 20% entitlement — part for the family's needs today, and part set aside for the future. This choice sits at the centre of the proposal.

04

50-Year Family Wealth Plan — Three Choices

This is entirely the farmer's choice. No part of the proposed 20% recurring entitlement is required to go into any SIP or investment — that only happens with the farmer's own written approval.

Choice A · Default

20% Direct

  • Direct recurring payment 20%
  • SIP / investment 0%
Choice B · Optional

17.5% + 2.5% SIP

  • Direct recurring payment 17.5%
  • SIP / investment 2.5%
Choice C · Optional

15% + 5% SIP

  • Direct recurring payment 15%
  • SIP / investment 5%
Consent rule: Without the farmer's prior written consent, no SIP/investment allocation, deduction or transfer will be made from the 20% entitlement. The farmer can decline any optional SIP structure and take the full 20% as direct recurring payment. The final choice is recorded in writing in the definitive agreement.

Option 1 — 17.5% Direct + 2.5% SIP

More income for the family today, with a smaller, steady amount building for the future.

ComponentValue
17.5% Direct Transfer to Farmer₹7.665 Lakh/year (≈ ₹63,875/month)
2.5% SIP / Long-Term Investment₹1.095 Lakh/year (≈ ₹9,125/month)

If ₹9,125/month is invested continuously for 50 years:

Assumed Annual ReturnIllustrative 50-Year Corpus
8%₹7.24 Crore
10%₹15.81 Crore
12%₹35.64 Crore
15%₹125.92 Crore
Direct income, 50 yrs
₹3.83 Crore
Total SIP contribution
₹54.75 Lakh
SIP corpus @ 12%
₹35.64 Crore
Illustrative combined family value
₹39.47 Crore

Option 2 — 15% Direct + 5% SIP

Somewhat less direct income today, in exchange for stronger long-term investment discipline.

ComponentValue
15% Direct Transfer to Farmer₹6.57 Lakh/year (≈ ₹54,750/month)
5% SIP / Long-Term Investment₹2.19 Lakh/year (≈ ₹18,250/month)

If ₹18,250/month is invested continuously for 50 years:

Assumed Annual ReturnIllustrative 50-Year Corpus
8%₹14.48 Crore
10%₹31.62 Crore
12%₹71.28 Crore
15%₹251.84 Crore
Direct income, 50 yrs
₹3.285 Crore
Total SIP contribution
₹1.095 Crore
SIP corpus @ 12%
₹71.28 Crore
Illustrative combined family value
₹74.57 Crore
SIP disclaimer: These SIP projections use an illustrative 12% annualised, monthly-compounded return. SEBI's SIP calculator expressly states such calculations do not represent actual returns; 12% is assumed for illustration only and is not guaranteed.
05

Option 1 vs Option 2 — Side by Side

The farmer can choose the path that fits the family's needs. Atal Foundation will not require any farmer to take a SIP option — it depends solely on the farmer's free choice and written approval.

MetricOption 1Option 2
Direct Farmer %17.5%15%
SIP %2.5%5%
Monthly Direct Income₹63,875₹54,750
Monthly SIP₹9,125₹18,250
Total Direct Income — 50 Years₹3.83 Cr₹3.285 Cr
Total SIP Contribution₹54.75 L₹1.095 Cr
SIP Corpus @ 12%*₹35.64 Cr₹71.28 Cr
Illustrative Combined Value₹39.47 Cr₹74.57 Cr

If a family's present needs are greater, Option 1 may be more practical. If the priority is building a larger corpus for children and future generations, Option 2 may be the more powerful wealth-building approach. The choice should be made freely, based on the farmer's financial needs, age, family obligations and risk appetite.

06

Roles & Responsibilities

This project cannot succeed on land or capital alone. The roles of the farmer, Atal Foundation and the Channel Partner need to be clearly defined, so that no side is confused or misled later.

Farmer / Land Partner

What the farmer contributes

  • Transfer ownership of the 4-acre parcel under agreed terms and due legal process
  • Provide land ownership documents, ID and other required papers; confirm the land is free of disputes, mortgages or third-party claims
  • Support local-level security of panels, cables, inverters, transformers and other on-site equipment
  • Keep the site premises clean and free of fire, encroachment or safety hazards
  • Provide site access and local coordination; report any accident, fire or emergency promptly

Clarification: the farmer is not responsible for technical maintenance, machine repair or power production, unless separately agreed in writing. The farmer's core responsibility is land security, site cleanliness and local support.

Atal Foundation

Project promoter

  • Arrange proposed project capital, subject to final financial closure
  • Arrange solar EPC — engineering, procurement, installation and commissioning
  • Coordinate with UPNEDA, DISCOM/UPPCL and other relevant departments; take the PPA forward
  • Handle regular technical maintenance, servicing, replacement and generation monitoring
  • Maintain billing and revenue records; calculate the farmer's 20% return per the agreed billing formula
  • Manage payment to the farmer and Channel Partner on a defined schedule, subject to the final agreement
Channel Partner

Project facilitator

  • Identify suitable land and landowners; give farmers accurate information and explain the proposal clearly
  • Support meetings, site visits and communication between farmer and Atal Foundation
  • Never give the farmer any false or exaggerated assurance about income, tariff, PPA, ownership transfer or returns
  • Never demand any unauthorised fee or extra payment from the farmer
  • Receive a proposed 5% channel-partner share per the final agreement, on the defined billing/revenue basis
07

Common Terms Across All Parties

To keep the project sound over the long term, all three parties commit to these shared principles:

Good faith & cooperation
Honesty, cooperation and transparency between all parties.
No misrepresentation
No party will knowingly give false information about income, tariff, PPA or approvals.
Documentation
Land transfer, recurring return, responsibilities, payment mechanism, duration, renewal, termination and dispute resolution are set out in definitive written agreements.
Confidentiality
Project, financial, technical and personal data will not be shared with unauthorised persons.
Legal compliance & safety first
All parties will follow applicable laws and support safety on plant premises.
Force majeure
The agreement will include suitable provisions for natural disaster, flood, fire, earthquake, grid failure and similar events.
Dispute resolution
Mutual discussion first; if unresolved, a defined legal/arbitration mechanism in the agreement.
Audit & records
Billing, generation, payment and financial records will be kept auditable.
No unauthorised transfer
No party will transfer its rights to a third party without due process and written consent.
Use of the project's name, logo, photographs and financial figures for public communication will be limited to what is authorised.
08

25 + 25 Year Income Outlook

Base case, illustrative only: 4,000 units/day, 365 operating days, ₹3/unit, no tariff escalation, no degradation adjustment → estimated annual generation 14,60,000 units; estimated annual gross revenue ₹43,80,000.

First 25-Year Billing Distribution

PeriodFarmer 20%Channel Partner 5%Atal Foundation 75%Total
1 Year₹8.76 L₹2.19 L₹32.85 L₹43.80 L
5 Years₹43.80 L₹10.95 L₹1.6425 Cr₹2.19 Cr
10 Years₹87.60 L₹21.90 L₹3.285 Cr₹4.38 Cr
15 Years₹1.314 Cr₹32.85 L₹4.9275 Cr₹6.57 Cr
20 Years₹1.752 Cr₹43.80 L₹6.57 Cr₹8.76 Cr
25 Years₹2.19 Cr₹54.75 L₹8.2125 Cr₹10.95 Cr

Farmer Income — 25 Years + Further 25 Years

HorizonYearly5 Yrs10 Yrs15 Yrs20 Yrs25 Yrs50 Yrs (if renewed)
Farmer Return₹8.76 L₹43.80 L₹87.60 L₹1.314 Cr₹1.752 Cr₹2.19 Cr₹4.38 Cr
The key point stays the same: under this model, ownership of the land is transferred to Atal Foundation. In exchange, the farmer receives 20% of the actual billing amount on a recurring basis — not a one-time sale price for the land, but an income arrangement running over a defined period.

The 50-year illustration assumes renewal after the first 25-year agreement and unchanged generation/tariff/billing assumptions. Actual renewal, tariff, generation and payments will depend on applicable policy, the PPA and definitive agreements.

09

Channel Partner — Wealth-Building Model

The Channel Partner's proposed 5% entitlement may also be structured, at the Channel Partner's own choice, in the same wealth-building manner:

ChoiceStructure
CP-A — 5% DirectFull 5% recurring payment directly
CP-B — 3% Direct + 2% SIP3% directly; 2% to SIP only with prior written approval

On current illustrative annual project billing of ₹43.80 lakh: 3% direct = ₹1.314 lakh/year (≈ ₹10,950/month); 2% SIP = ₹87,600/year (≈ ₹7,300/month).

Assumed Annual Return25-Year Corpus50-Year Corpus
8%₹68.45 Lakh₹5.79 Crore
10%₹99.64 Lakh₹12.65 Crore
12%₹1.37 Crore₹22.66 Crore
15%₹2.46 Crore₹80.59 Crore
Channel Partner protection: no SIP or investment allocation will be made from the Channel Partner's 5% entitlement without prior written consent. The Channel Partner may reject the SIP option and receive the full 5% as direct recurring payment, subject to the definitive agreement.
10

Government & Policy Alignment

Uttar Pradesh has an established solar-energy policy framework through UPNEDA. The UP Solar Energy Policy 2022 contains provisions aimed at facilitating solar projects, including incentives and exemptions for eligible projects. UPNEDA's published project documents also demonstrate the use of 25-year Power Purchase Agreements for applicable grid-connected solar projects.

The proposed Atal Saur Urja model is designed around this broader government-supported renewable-energy ecosystem.

Important: UPNEDA support, project eligibility, grid connectivity, PPA execution, tariff, and applicable exemptions and incentives will remain subject to specific project approvals, the tender/selection mechanism, applicable policy and executed agreements.
11

Risk Management

A professional solar project should not be marketed on projected income alone. The following areas need to be addressed before financial closure:

Technical Due Diligence
  • Solar irradiation assessment
  • Site survey & shadow analysis
  • Soil / geotechnical assessment
  • Grid connectivity
  • Plant design & equipment specifications
Legal Due Diligence
  • Clear land title
  • Land-use permissions
  • Lease/JV documentation
  • Encumbrance verification
  • Project approvals & PPA documentation
Financial Due Diligence
  • EPC quotation & financing cost
  • O&M cost, insurance & taxes
  • Transmission/wheeling charges
  • Degradation
  • Payment-cycle risk & contingency reserve
12

Financial Discipline — Recommended Distribution Structure

The ₹43.80 lakh annual figure represents gross revenue, not automatically "net profit." A bankable project model should separately account for O&M expenses, insurance, security, land-related expenses, administrative expenses, repairs/replacements, inverter replacement reserve, financing/interest cost, applicable taxes, grid/transmission charges and module degradation.

The final agreement should therefore define whether the 20% / 5% / 75% sharing applies to gross revenue, net operating revenue, or distributable net income.

Recommended structure: PPA Revenue → less Operating Expenses → less O&M Reserve → less Taxes/Charges → Distributable Net Income, shared 20% Farmer / 5% Channel Partner / 75% Atal Foundation. This is significantly more robust than describing the percentages as "net income" without defining the calculation methodology.
13

Our Bigger Vision & Future Expansion

Atal Saur Urja can be developed beyond a single solar plant. The long-term vision is a distributed solar-energy project network across Uttar Pradesh, bringing together farmers (land + local participation), Atal Foundation (development + institutional framework), Channel Partners (mobilisation + local execution), government/power institutions (approvals + grid + PPA framework) and technology partners (EPC + equipment + O&M).

Phase I · 1 MW Pilot
Phase II · 5 MW Cluster
Phase III · 10 MW Regional Network
Phase IV · 25–50 MW Multi-District Portfolio
Phase V · 100 MW+ Atal Renewable Energy Network

The intent is for the first project to be just a beginning — taking a successful model to more villages and districts, connecting more farmers, and growing Atal Saur Urja into a larger renewable-energy network for Uttar Pradesh.

14

Future Opportunities

The project ecosystem can potentially expand into:

Solar power generation
Solar EPC services
Solar O&M services
Solar equipment procurement
Battery Energy Storage Systems
EV charging stations
Solar-powered agricultural infrastructure
Solar irrigation
Solar cold storage
Green hydrogen opportunities
Carbon-credit / REC opportunities*
Rural energy infrastructure
Solar-powered skill centres
Solar-powered community facilities

*wherever legally and commercially applicable.

In other words, this need not be limited to selling electricity — solar energy can also bring employment, EV charging, solar irrigation, cold storage and other useful facilities to villages.

15

Investment Story at a Glance

₹6 Crore Project → 1 MW Solar Plant → 4,000 Units Daily → ₹12,000 Daily Revenue → ₹43.80 Lakh Annual Revenue → ₹10.95 Cr / 25-Yr Gross Revenue

Party25-Year Illustrative Share*
Farmer₹2.19 Crore
Channel Partner₹54.75 Lakh
Atal Foundation₹8.21 Crore

*Base-case illustration before project-specific expenses, degradation, taxes and other adjustments.

16

Why Farmers Should Join

Traditional Approach

Land → one-time sale/lease income

Atal Saur Urja Approach

Land → Renewable Energy Asset → Long-Term Revenue Participation

"आपकी ज़मीन, आपकी भागीदारी, आपकी दीर्घकालिक आय।"

17

Call for Land Partners

Do you have 4 acres of land? Let's sit down and talk through the possibility. Your land could become a source of regular income for your family for the next 25 years — and, if renewed, a long-term financial base for up to 50 years. Once ownership of the land is transferred to Atal Foundation, you receive a 20% recurring return on the project's billing amount.

Land suitability, documentation, grid connectivity and project viability will be checked first; the final proposal and documentation follow only after that.

What you bring
4 acres of suitable land
What follows
Solar plant development · Power generation · Applicable PPA · Revenue participation
18

Executive Summary

ParticularsValue
Project Cost₹6.00 Crore
Land4 Acres
GenerationApprox. 4,000 Units/Day
Indicative Tariff₹3.00/Unit
Indicative Annual Gross Revenue₹43.80 Lakh
Indicative 25-Year Gross Billing₹10.95 Crore
Indicative Farmer Return — 25 Years₹2.19 Crore
Indicative Farmer Return — 50 Years, if renewed₹4.38 Crore

Proposed Income Split

FarmerChannel PartnerAtal Foundation
20% of Billing Amount (Recurring Return)5%75%
19

Important Disclaimer

This proposal is a conceptual/project-financial illustration prepared on the parameters supplied for Atal Saur Urja. Actual project generation, tariff, PPA tenure, billing, project cost, financing, operating expenses, taxes, land transfer documentation, grid connectivity, government approvals, UPNEDA eligibility, statutory incentives and final payment mechanism shall be governed by applicable government policies, project approvals, technical feasibility, the executed PPA, EPC/O&M agreements, registered land-transfer documentation and definitive project documents.
The ₹3.00/unit tariff and 25-year PPA should be treated as applicable only after confirmation through the project's executed/approved PPA and relevant UPNEDA/UPPCL documentation. Any further 25-year renewal will be subject to the terms, approvals and commercial conditions applicable at that time. The farmer's 20% recurring return is proposed to be calculated on the actual billing amount generated under the project, as specifically defined in the definitive agreement.
SIP / Investment Disclaimer. Illustrations involving a 2.5% or 5% SIP component use hypothetical calculations. 8%, 10%, 12% and 15% annual returns are scenarios only; they are not guaranteed or assured returns. Actual investment return depends on market performance, product selection, charges, taxes and investment period. SEBI's investor-education material states that mutual-fund investments carry risk and returns should not be assumed guaranteed. If a SIP component is applied, it should be structured through an appropriate SEBI-regulated investment route with proper KYC, nominee arrangement and separate investment documentation.
"जमीन आपकी है, फैसला आपका है — और यही फैसला आपके परिवार की अगली पीढ़ियों का काम आ सकता है।"
"आज का फैसला, कल हमेशा परिवार के लिए एक सहारा।"
A Renewable Energy Initiative of Atal Foundation