SOLAR POWER PROJECTPrepared by Aravind Prasad G,

Evolgence Energy, Hyderabad

CONTENTS

Project Description Market & Growth Drivers Potential of Bagasse based power generation Solar based power plant policies Technology /Processes Suggested project Project cost Funding Returns

CONTINUE…

Parties Involved Risk & Risk Mitigation Progress Players in the market

PROJECT DESCRIPTION The proposed project is to set up Solar PV

based Grid connected Advanced Solar Photovoltaic Power Plant at Andhra Pradesh

Companies and Individuals have accepted the importance of Solar power plant for harnessing sun power for energy needs.

Andhra Pradesh as one of the Highest Direct Normal Irradiation , has great potential for Solar Power Plants.

The plant will generate required Direct Electricity from Sun’s Energy using photovoltaic effect.

MARKET & GROWTH DRIVERS

Global Warming & depleting petroleum resources is forcing to generate from renewable source of energy

Energy deficit in the peak hours is to the tune of 13%

3% Purchase Obligation of State Utility i.e. at least 3% of total power purchased by distribution company must come from Renewable Energy

Government policies and subsidies to promote Renewable Energy Per Unit.

CDM benefits makes the investment even more attractive

POTENTIAL OF SOLAR POWER PLANTS IN

ANDHRA PRADESH.

Andhra Pradesh has atleast 12 districts identified as Solar Potential.

300 Days of Active Sun Direct Normal Irradition. So far only two Power plants of all have gone for

execution of , rest are waiting for capable partners.

SOLAR BASED POWER PLANT POLICIES

Supply of Sun’s Energy, in principal agreement Subsidy in the form of Feed In Tariff.(FIT) Open access to the Grid Revenue from Carbon Trading to the tune of XX

crores per annum for 25 years

TECHNOLOGY/ PROCESSES

SUGGESTED PROJECT Evolgence Solar Energy

Capacity: 5MW

Electrical Generated % :(23%)

Generation of Electricity per Day Hours: 4

Days of operation: 250

Power generation possible from Sunlight: 5MW

SALIENT FEATURES OF THE PROJECT Proposed Power plant Capacity: 5 MW Total energy generation in a year: XX MU

PARTIES INVOLVED Ministry of New & Renewable Energy Non-Conventional Energy Andhra

Pradesh(NEDCAP) Andhra Pradesh Electricity Regulatory Commission Andhra Pradesh Generation Company Photovoltaic suppliers Lenders: IREDA, PFC, Banks Equity partners Equipment Suppliers: Solfocus, Mosaerbaer,

BHEL, Photon Engineers, etc.

RISK & RISK MITIGATION

Funding: Presently liquidity crunch is there Fuel Supply & Prices fluctuation Location disadvantages: CDM Process takes long time

PROGRESS SO FAR Meetings with manufacturers. Meetings with regulatory bodies Discussion with equipment suppliers Discussion with IIT Bombay Professors Discussion with Investors Discussion with Technology Partners.

PLAYERS IN THE MARKET

TATA BP SOLAR Ltd. RELIANCE ENERGY SOLAR Power Ltd. KORAMANDEL POWER Pvt. Ltd. Birla Corporation Ltd. Transend Green Power Ltd.

THANK YOU & SUCCESS STORIES

Will share and update this space.