We offer land tracts to third parties, who subsequently lease these back to us for 25 years to build solar power facilities. Following the terms of our lease agreement with the landowner, we pay a fixed lease rental. We continuously improve our leasing portfolio because owned land parcels streamline the financing of solar projects.
Consolidated land bank (Owned + Leased)
Recently, we have reduced the quantum of leasing portfolio as owned land parcels make solar project finance more streamlined.
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