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Detailed Project Report

Grid ConneCted Solar Power


CaPaCity 200 Kw
at
Kumardhar, jaKhnidhar
diStriCt tehri Garhwal

Submitted By
Rajesh Kumar Nath
Grid Connected Solar Power Plant 200 KW, Rajesh Kumar Nath

Table of Contents

1. EXECUTIVE SUMMARY ................................................................................................................................ 4


2. OBJECTIVES OF THE REPORT .................................................................................................................... 5
3. BACKGROUND: ........................................................................................................................................... 5
4. PROJECT PROPONENT AND PROJECT DESCRIPTION ................................................................................ 7
4.1 Project Description: ................................................................................................................................... 7
4.2 General Details Site: .................................................................................................................................. 7
4.3 Project Site ............................................................................................................................................... 7
4.3.1 Location and Accessibility .......................................................................................................................... 7
4.3.2 Substation Details ..................................................................................................................................... 8
4.3.3 Land Requirement ..................................................................................................................................... 8
4.4 Key Results of the Project:- ........................................................................................................................ 9
5. JUSTIFICATION FOR THE PROJECT ............................................................................................................ 9
5.1 Solar power in India ............................................................................................................................... 9
5.2 Future scope....................................................................................................................................... 11
5.3 Solar Power Scenario in Uttarakhand .................................................................................................... 14
5.4 Uttarakhand State Policy: ..................................................................................................................... 14
6. SOLAR PHOTOVOLTAIC TECHNOLOGY .................................................................................................... 15
7. POWER GENERATING PROCESS .............................................................................................................. 16
8. PROJECT STRENGTHS ............................................................................................................................. 17
9. Proposed Business Model ............................................................................................................................ 17
10. MANPOWER REQUIREMENT ................................................................................................................. 18
11. Socio Economic & Environmental Benefits ................................................................................................. 18
12. SYSTEM DESCRIPTION AND SPECIFICATIONS OF THE COMPONENTS ................................................ 19
12.1 EQUIPMENTS REQUIRED FOR GRID INTERACTIVE ROOF TOP SOLAR PV SYSTEM: ............................ 19
13. TECHNICAL SPECIFICATIONS & FUNCTIONAL DESCRIPTION: .............................................................. 19
13.1 SOLAR PV POWER SOURCE/Solar Array ............................................................................................ 19
13.2 Grid-tie INVERTER/ PCU ..................................................................................................................... 20
13.3 MOUNTING STRUCTURES: ................................................................................................................ 21

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Grid Connected Solar Power Plant 200 KW, Rajesh Kumar Nath

13.4 JUNCTIONS BOXES OR COMBINERS ................................................................................................ 22


13.5 Power Evacuation and Interfacing with Grid ........................................................................................... 22
13.5.1 Power Evacuation Plan .................................................................................................................... 22
13.5.2 Transformers .................................................................................................................................. 23
13.5.3 11 kV Switchyard............................................................................................................................. 23
13.5.4 LT, LV, 11 kV Metering Equipment .................................................................................................... 24
13.5.5 Cables............................................................................................................................................ 25
13.5.6 Grid Synchronization Scheme........................................................................................................... 25
13.6 POWER AND CONTROL CABLES: ...................................................................................................... 25
13.7 EARTHING EQUIPMENT/MATERIAL ................................................................................................... 26
13.8 INSTRUMENTS AND PROTECTION EQUIOPMENTS ........................................................................... 26
13.9 METERING PHILOSOPHY AND REQUIRENTS .................................................................................... 27
13.10 COMMUNICATION INTERFACE: ..................................................................................................... 27
13.11 String Combiner Box........................................................................................................................ 28
13.12 Other Facilities Including Water ........................................................................................................ 28
14. RISK ASSESSMENT ............................................................................................................................... 28
14.1 FINANCIAL RISK .................................................................................................................................... 29
14.2 INSURANCE FOR FINANCING ................................................................................................................ 29
14.3 PROJECT RISK ...................................................................................................................................... 30
15. LOSSES AND CORRECTIONS ................................................................................................................ 32
16. ENVIRONMENTAL ASPECTS ................................................................................................................. 33
16.1 Environmental considerations ................................................................................................................... 33
16.2 Air & Noise ............................................................................................................................................. 33
17. Various Involved Government Agencies .................................................................................................... 33
17.1 Uttarakhand Power Corporation Limited (UPCL)......................................................................................... 33
17.2 DIRECTORATE OF INDUSTRIES ............................................................................................................ 34
18. BILL OF MATERIAL: ............................................................................................................................... 35
19. SCOPE OF WORK .................................................................................................................................. 36
19.1 Jobs in the scope of EPC Contractor ......................................................................................................... 36
19.2 Jobs in the scope of the Developer ........................................................................................................... 36
20. Project implementation ............................................................................................................................ 37

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Grid Connected Solar Power Plant 200 KW, Rajesh Kumar Nath

20.1 Project implementation schedule:.............................................................................................................. 37


21. Project Details: - Grid connected System: Simulation parameter .................................................................. 38
21.1 Simulation Parameters ............................................................................................................................. 38
21.2 Main Results ........................................................................................................................................... 39
21.3 Loss Diagram.......................................................................................................................................... 40
21.4 Specific Results ...................................................................................................................................... 41
21.4.1 Balance and Main Result ..................................................................................................................... 41
21.4.2 Mateo and Incident Energy................................................................................................................... 42
21.4.3 Detailed System Losses ....................................................................................................................... 43
21.4.4 Detailed Inverter Losses ...................................................................................................................... 44
21.4.5 Effective Incident Energy...................................................................................................................... 45
21.4.6 Optical Factors .................................................................................................................................... 45
21.4.7 Energy Injection into Grid with Performance Ratio .................................................................................. 46
21.4.8 Normalized Performance Coefficients.................................................................................................... 47
21.4.9 Various Graphs of Project Output.......................................................................................................... 48
22. Cost Details of the Project ........................................................................................................................ 51
23. Conclusion.............................................................................................................................................. 52
24. DEFINITIONS ......................................................................................................................................... 53

ANNEXURES:
Annexure-1 : Detailed Financial Calculations.
Annexure-2: Line Diagrams.
Annexure-3: Power Purchase Agreement.
Annexure-4: Land Lease Documents

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Grid Connected Solar Power Plant 200 KW, Rajesh Kumar Nath

1. EXECUTIVE SUMMARY

In synchronization with Government of India’s plan to significantly increase the share of solar energy in the
total energy mix by utilizing the waste land, roof top and Canal top – Banks while recognizing the need to expand
the scope of other renewable and non-fossil options. The State Nodal Agency of Uttarakhand, Uttarakhand
Renewable Energy Development Agency (UREDA), on behalf of Uttarakhand Power Corporation Limited, (UPCL)
invited proposals for selection of Successful Bidder(s) for setting up of total 200 MW Grid Connect Solar PV Power
Projects through Tariff Based Competitive Bidding Process as per section-63 of the Electricity Act, 2003
These Grid Connected Solar Power Plants for a total capacity of 200 MW are proposed to be installed in
the hilly region of the Uttarakhand under Type-I of Uttarakhand Solar Energy Policy-2013 to sale the generated
power to the UPCL. The responsibility of the Successful Bidder(s) shall be to supply power to UPCL as per the
terms and conditions of the Power Purchase Agreement (PPA) for a period of 25 years.
The present report is prepared with the intention to determine the feasibility and viability of installing 200 KWp
Grid connected Solar PV Power Plant. This report covers project benefits, various aspects of ground mounted PV
systems, meteorological data analysis, technology selection, location & satellite image of the project site, description of
solar PV technologies, design criteria for SPV power plant including electrical equipment, plant facilities, power
evacuation requirements, proposed site layout, identified location of installation and civil structure, plant cost, project
implementation schedule and Risk analysis along with tentative technical details the levelized cost of energy (in kWh)
from the Solar Power plant under the guidelines of CERC & UERC and the financials of the project.
The Direct Normal Irradiance (DNI) & Global Horizontal Irradiance (GHI) data taken from Metronome data for
the site. Considering the GNI data, solar thermal project is not viable at this site. The DNI & GHI data is adequate for a
solar photo voltaic (SPV) project.
The sun which is the source of abundant energy is being tapped in an endeavor to power the economy and
transform the lives of people. However, the question uppermost in everyone’s mind is the techno-economic viability of the
project.

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2. OBJECTIVES OF THE REPORT


This report covers project benefits, various aspects of ground mounted PV systems, meteorological data
analysis, technology selection, location & satellite image of the project site, description & comparison of solar PV
technologies, design criteria for SPV power plant including electrical equipment, plant facilities, power evacuation
requirements, proposed site layout, identified location of installation and civil structure, plant cost, project implementation
schedule along with Risk analysis. Along with tentative technical details the levelized cost of energy (in kWh) from the
Solar Power plant under the guidelines of CERC & UERC and the financials of the project.
The specific objectives of the report are:
 The considerations for going in for the proposed 200 KW PV solar project will be enumerated towards
justification of the project.
 The basis for selection of the site and least cost options as elaborated in the Feasibility Report will be brought
out and discussed.
 To detail out the plant technical features, brief specifications of the major equipment and the techno-economic
justification for the technology adopted.
 Selection of PV plant components as also detailing out the mechanical, electrical and control & instrumentation
technical systems involved.
 To establish the viability of the project from the power generation scheme and simulation results.
 To list out the subsidies and incentives available from State / Central Govt. for this project.
 To indicate the project implementation schedule and the project management philosophy.
 To carry out a financial analysis based on present day capital cost of plant for arriving at the levelized
generation tariff.

3. BACKGROUND:
Several cities and towns in the country are experiencing a substantial growth in their peak electricity demand.
Municipal Corporations and the electricity utilities are finding it difficult to cope with this rapid rise in demand and as a
result most of the cities/towns are facing severe electricity shortages. Various industries and commercial establishments
e.g. Malls, Hotels, Hospitals, Nursing homes, etc., housing complexes developed by the builders and developers in cities
and towns use diesel generators for back-up power even during the day time. These generators capacities vary from a
few kilowatts to a couple of MWs. Generally, in a single establishment more than one generators are installed; one to
cater the minimum load required for lighting and computers and other emergency operations during load shedding and
the others for running ACs and other operations such as lifts and other power applications. Under such conditions use of
grid interactive roof top and small Solar Photovoltaic systems seem to be feasible solutions. Similar solar PV system can

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Grid Connected Solar Power Plant 200 KW, Rajesh Kumar Nath

be employed in rural areas on vacant land to feed cluster of households where space is not a constraint. The
implementation of standalone system in such rural areas would give an opening to setting up of small-scale industries.
The Ministry of New and Renewable Energy, Government of India has set an ambitious target towards
achieving 175 GW solar power capacity under the Jawaharlal Nehru National Solar Mission by 2022.
Government of Uttarakhand has issued the “MSME Policy-2015” for promoting investment in the MSME Sector
through Investment Promotion as well as to incentivize MSMEs. The Policy aims at utilizing local resources and to
generate employment opportunities and promoting Self Employment, Skill Development in the Youth. The Policy shall
remain in effect till 31st March 2020. Fiscal incentives and other benefits of this policy shall be available to the eligible
enterprise from the commencement of production up to a maximum of 10 years or 31st March 2025, whichever is earlier
Also, the Government of Uttarakhand has notified “Uttarakhand Solar Power Policy – 2013 vide its notification
no. 1044/I/2013-5/14/2009 dated 27th June, 2013. According to the policy Uttarakhand Renewable Energy Development
Agency (UREDA) shall be the nodal agency and the Govt. of Uttarakhand shall act as facilitator for implementation.

The Policy Endeavour's to create an enabling environment to attract public & private investments in generation
of solar energy-based projects. The Uttarakhand Solar Energy Policy – 2013 aims to provide a comprehensive policy for
promotion of solar energy in the state of Uttarakhand. The objective of the policy is to promote green and clean power
using solar energy; create conditions conducive to the involvement of investors in RE projects setting to enhance the use
of solar energy source that assist in mitigating environmental pollution and create direct and indirect employment
opportunities in the State. Also harness the available potential for generating solar power using unutilized space and
reduce the dependence on conventional source of energy.
The proposals for the composite capacity of 200 MW invited by UREDA under Type-I Category Projects
scheme according to the define eligibility and capacity limits.
Uttarakhand state has a good potential of Solar Energy. About 300 sunny days are available in the State which
provides an excellent potential for installation of Rooftop and other Small Solar Power Plants in the State.
Keeping the above in view, grid interactive rooftop or small SPV system will be supported under this scheme.
The generated power from such SPV system/project will be fed into the grid as long as grid is available. In case, where
solar power is not sufficient due to cloud cover etc., the captive loads will be served by drawing power from the grid. The
connectivity of such projects will be either at 33 kV/11 kV three phase lines depending on the system installed.
The feed in tariff for the power generated from the Solar Power Plant has been decided by Hon’ble Uttarakhand
Electricity Regulatory Commission (UERC) in such a manner that it provides a safeguard to all stakeholders including
DISCOMs. The availability of electricity grid near the solar installation is an essential component which needs to be
provided by the concerned agencies i.e. UPCL/PTCUL.

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Grid Connected Solar Power Plant 200 KW, Rajesh Kumar Nath

4. PROJECT PROPONENT AND PROJECT DESCRIPTION

4.1 Project Description:


A solar power plant is proposed which will collect the energy from the sun using multi -crystalline
photovoltaic modules and convert it to electrical energy for distribution to the local electricity distribution system. The
proposed solar power plant will be capable of producing 200 KW of electricity and will be developed on a 2000 m2
parcel of land located at Kumardhar, Jakhnidhar, District Tehri Garhwal, Uttarakhand. The solar power plant is
designated as a grid connected solar facility as defined Type-I Project under “Uttarakhand Solar Power Policy –
2013.

4.2 General Details Site:


 Site Name : SPP at Kumardhar,
 Location : Kumardhar, Jakhnidhar,
District Tehri Garhwal (Uttarakhand)
 Capacity : 200 kWp Grid Connected.
 Latitude : 300 19’08.5” N
 Longitude : 780 30’43.7” E
 Elevation : 1476 Mtrs
 Nearest Railway Station : Rishikesh
 Nearest Airport : Jolly Grant, Dehradun

4.3 Project Site

4.3.1 Location and Accessibility


Proposed site location is situated at latitude 30019’08.5” N and longitude 78030’43.7” E at an Elevation of
1476 Mtrs above sea level at Kumardhar, Jakhnidhar, District Tehri Garhwal, Uttarakhand.
The available land area is 6000 Sq. Mtrs (0.600 Hectares approx.) to implement 200 KWp grid connected
solar power plant. The distance from Jakhnidhar 33/11 KV Sub-station of UPCL to site is nearly 2 kms by
road.
The site is well connected with the intra-state and interstates locations through road, railway and airways.
Project site is well connected with Jakhnidhar-Chetti Road.

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Grid Connected Solar Power Plant 200 KW, Rajesh Kumar Nath

Satellite Map of the proposed Project Site

The site selection for a solar power plant is pre-dominantly determined by solar insolation availability & grid
connectivity for exporting power. Equally important are other essential factors/considerations such as:
• Availability of adequate land for power plant and green belt development
• Soil condition like soil bearing capacity etc.
• Proximity to state electricity grid enabling economic evacuation of power generated
• Availability of water and power during construction
• Availability of local work force in the proximity
• Availability of load centers (towns) within vicinity
• Easy accessibility of the site

4.3.2 Substation Details


The nearest substation from the site is 33/11 kV substation Kumardhar Sub-station to site is nearly 2 kms
by road. However, the 11 KV Grid Line is available near the project for the grid synchronization of the project for the
injection of the generated power.

4.3.3 Land Requirement


The total land area available at the site is about 6000 M2. The typical requirement for a 200 KW Multi
crystalline module Solar PV plant is approximately 2000 Sq. Mtrs. So, for 200 KW Solar PV plant, sufficient land is

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Grid Connected Solar Power Plant 200 KW, Rajesh Kumar Nath

available. This includes the array yard, inverter room and main control room, roads, drainage and other utilities.
However, array yard occupies most of the space, hence, must be optimized. The present land parcel is sufficient to
install 200 KW Solar PV project.

4.4 Key Results of the Project:-


Internal Rate Of Return (IRR) 18.91
Equity Internal Rate of Return 44.23

Debt Service Coverage Ratio (DSCR) 3.31

5. JUSTIFICATION FOR THE PROJECT


Average annual solar radiation at the proposed site at horizontal surface is 1918 kWh/m2 which is
potentially adequate for the installation of the PV plant. The Annual expected generation for the entire 200 KWp is
417.42 MWh/year.
Considering power demand for the state, power generated from the solar PV plant will be utilized for the
state itself. The proposed Solar Photovoltaic power plant (SPV) will contribute to bridge the gap between the
demand and availability of power. Moreover, it will also help to cut out the dependency on the coal to generate the
electricity. Furthermore, electricity from the solar power plant will be evacuated to 33/11 KV Jakhnidhar substation of
UPCL at 11/33 kV Grid line. Being a higher capacity, it is anticipated that grid outage and transmission losses will be
considerably low and this will help to optimize the electricity feed in the grid. The project - being a renewable energy
project leads to sustainable development through efficient utilization of naturally available sunlight.
In other words, the proposed project is a beneficial preposition in terms of financial returns, environmental
aspects and business preposition.

5.1 Solar power in India


In the developing countries like India, solar and power energy is a growing need for the progress of the
country. As power shortfalls continue, peak shortage is a critical problem that has stifled industrial growth, and back-
up generation is becoming increasingly expensive. Effective majors have been taken and now solar energy in India
has become the fast growing industry. International equipment suppliers are paying more attention to the Indian
market and are developing specific pricing and product strategies for India.
Being a tropical country, India has about 300 clear and sunny days in a year. The solar energy available in
a year exceeds the possible energy output of all fossil fuel energy reserves in India. Several large grid-scale solar
parks are in operation, several of which are among the world's largest such as Kurnool Ultra Mega Solar Park with

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Grid Connected Solar Power Plant 200 KW, Rajesh Kumar Nath

the capacity of 1,000 MW, the Kamuthi Solar Power Project with the capacity of 648 MW, the 345 MW Charanka
Solar Park, the 480 MW Bhadla Solar Park with a proposed capacity of 2,255 MW and the Gujarat solar parks with
a combined capacity of 605 MW. In July 2017, Indian Railways rolled out trains with rooftop solar to power the
lights, fans and displays inside the coaches. Cochin International Airport, seventh busiest in India, is the first one in
the world to run entirely on solar power, handling more than 1,000 flights a week. Similarly, the Union Territory of
Diu is fully run by solar power.
Solar power features prominently US$2.5 billion SAUBHAGYA scheme launched in July 2015 to electrify
every Indian household by 2019 — a huge task considering around 300 million people were without electricity. The
use of local mini-grids run on solar power is “a big part of the push, with 60 percent of new connections expected to
be to renewable power", according to a report by the International Energy Agency.
In January 2016, the Prime Minister of India, Mr. Narendra Modi, and the former President of France, Mr.
François Hollande, laid the foundation stone for the headquarters of the International Solar Alliance (ISA) in
Gwalpahari, India, an alliance of 121 countries, announced at the Paris COP21 climate summit. The ISA focuses on
promoting and developing solar energy and reducing production and development costs through wider deployment
of solar technologies in the developing world. On June 30, 2016, the alliance entered into a partnership with
the World Bank for accelerating mobilization of finance for solar energy — an estimated US$1000 billion in
investments that will be needed by 2030, to meet ISA's goals for the massive deployment of affordable solar energy
worldwide.
At the World Future Energy Summit (WFES) held in Abu Dhabi in January 2018, the government of India
announced the setting up of a $350 million solar development fund to enable financing of solar projects. Prime
Minister Mr. Narendra Modi promoted solar energy during the plenary speech at World Economic Forum annual
meet in Davos in 2018 and invited investments in the sector in India promising ease of doing business. PM’s
ambitious plan when announced in the leading up to the Paris COP21 climate summit received much skepticism
and the government's strategy to scale-up the renewable energy by relying on competitive bidding to reduce the
cost was regarded as infeasible. However, starting around 2016-2017, new renewable energy became cheaper to
build than running existing coal-fired plants in India. As of January 2018, 65% of coal power generation in India is
being sold at higher rates than new renewable energy bids in competitive power auctions. India has scrapped
tenders for coal-fired power stations and around 80% of new coal-fired power plants under planning have been
halted or canceled. In the month of May 2017 alone, plans for building coal power for nearly 14 GW – about the
same as the total amount in the UK – were canceled on account of declining solar costs. India’s solar tariffs have
literally been free falling in recent months." India is now expected to obtain 40 percent of its electricity from non-
fossil fuel sources by 2022, eight years ahead of schedule." India’s first solar power project (with a capacity of 5
MW) was registered under the Clean Development Mechanism. The project is in Sivagangai Village, Sivaganga

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district, Tamil Nadu. India saw a sudden rise in use of solar electricity. Recent growth has been over 3,000 MW per
year and is set to increase yet further.

5.2 Future scope


With reduced costs and improved technologies, the solar energy ensures the reduced electricity bills,
increases countries’ energy security through reliance on an indigenous, inexhaustible resources, enhanced
sustainability, reduced pollution, lower the costs of mitigating global warming, and keeps fossil fuel prices lower than
otherwise. It is environment friendly and any one can use it. The advantages are global. Hence the additional costs
of the incentives for early deployment should be considered learning investments; they must be wisely spent and
need to be widely shared.

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Global Horizontal Irradiation 1

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Direct Normal Irradiation 1

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5.3 Solar Power Scenario in Uttarakhand


In Uttarakhand regulatory framework is being done by Uttarakhand Electricity Regulatory Commission
(UERC). The companies involved in the generation of power are UJVNL, THDC and NHPC as major and other
private sectors, while the transmission and distribution is being governed by Power Transmission Corporation of
Uttarakhand Ltd. (PTCUL) and Uttarakhand Power Corporation Ltd. (UPCL) respectively.
Uttarakhand State has a very good potential of Solar Energy as about 300 sunny days are available in a
year. This potential can be tapped in a large manner for which Govt. of Uttarakhand is making its efforts. Private
developers are also participating in the development of Solar Power Projects of MW capacity. Projects are being
allotted to the private developers as per the provisions of Solar Energy Policy of Uttarakhand.
In the State of Uttarakhand, standalone Solar Photovoltaic (PV) systems are being distributed/installed by
UREDA either on subsidy basis or through market mode to meet the lighting requirements. The Solar Home Lighting
Systems (SHLs) are being distributed to meet the domestic lighting requirement whereas Solar Street lights are
being installed for the street lighting of the selected villages.
Grid interacted Solar Power Plants of composite capacity of 275.58 MW have been installed in the State of
Uttarakhand out of which 216.40 MW capacity power plants are ground mounted, 20 MW Projects are on Canal
Bank/Top and 39.18 MW capacity is under Rooftop and Small Solar Plants. Apart from the grid connected projects,
Off-grid Solar Projects of 3.66 MW capacities have also been installed. At present Ground Mounted Grid Connected
Solar projects of 200+ MW capacities have been allotted for development.

5.4 Uttarakhand State Policy:


In order to promote Solar Power Projects, the Government of Uttarakhand have Solar Policy-2013.
According to the policy, projects are classified as
Type I : Projects selected as per the competitive bidding process for selling power to
Uttarakhand DISCOM for meeting their RPO Obligation as specified by UERC from
time to time.

Type II : Projects set up on private land for captive use or sale of power to 3rd party within or
outside the state or project setup on private land under Renewable Energy Certificate
(REC) Mode.

Type III Projects set up on Government land for captive use or sale of power to 3rd party
within or outside the state or project setup on Government land under Renewable
Energy Certificate (REC) Mode.

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Type IV : Solar Power Projects established under Jawaharlal Nehru National Solar Mission
Programme of MNRE, Govt. of India.

Along with the rest of the world and our country, the Government of Uttarakhand has also recognized that
climate change is one of the gravest threats we face and urgent action in the State is required and that investment
in renewable energy especially Solar is a good way of stimulating the economy of the State and is committed to
increasing the proportion of energy we use from green energy sources by ensuring necessary investment in
sustainable energy.
At the same time, the State with the lowest per capita consumption of electricity in the country and peak
demand shortages in the range of 15-20% has been reeling under acute power crises that are threatening to derail
the significant progress achieved in the past few years. Unlike conventional power projects that require significant
time period to develop, Solar Power projects can be established in very short period of time. Further, Solar power,
being one of the cleanest forms of energy that is abundantly available in the State can be harnessed to reduce the
dependency on other non-renewable sources of energy. Uttarakhand receives an average annual global solar
radiation in the range of 4.83 kWh/sq.m & 5.63 KWh/sq.m and has about 280 - 300 sunny days in a year.

6. SOLAR PHOTOVOLTAIC TECHNOLOGY

Solar photovoltaic technologies convert solar energy into useful energy forms by directly absorbing solar
photons—particles of light that act as individual units of energy—and either converting part of the energy to
electricity (as in a photovoltaic (PV) cell) or storing part of the energy in a chemical reaction (as in the conversion of
water to hydrogen and oxygen).
Utility-scale solar photovoltaic technologies convert energy from sunlight directly into electricity, using large
arrays of solar panels.
A Photovoltaic (PV) or solar cell is the basic building block of a SPV system. An individual PV cell is usually
quite small, typically producing about 1 or 2 watts of power. To boost the power output of PV cells, they are
connected together to form larger units called modules. Modules, in turn, can be connected to form even larger units
called arrays, which can be interconnected to produce more power, and so on. In this way, PV systems are made to
meet almost any electric power need, whether small or large.

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Grid Connected Solar Power Plant 200 KW, Rajesh Kumar Nath

Elements of SPV based System

Modules or arrays do not represent an entire PV system. Some structure are also needed to put them &
point them toward the sun, and components that take the direct-current electricity produced by modules and
"condition" that electricity, usually by converting it to alternate-current electricity. It is also required to store some
electricity, usually in batteries, for later use. All these items are referred to as the "balance of system" (BOS)
components. Combining modules with the BOS components creates an entire PV system.

7. POWER GENERATING PROCESS

The multi crystalline solar modules used shall be grouped in an optimum number of strings with module-to
module cable connections. The modules shall be held fixed on structures made of galvanized steel structures.
The modules shall be inclined at optimum horizontal tilt angle facing due south depending on the site location.
The DC output from the modules shall be fed to Array junction box and the strings are to be paralleled at Sub
Main & Main Junction Boxes.

The output of the main junction box shall be fed to DC distribution board (DCDB). The DC power output from
the DCDB is fed to the Power Conditioning Unit (PCU). The Power-conditioning unit shall be installed in a
control room converts DC energy produced by the solar array to AC energy.

The AC power output of the inverter shall be fed to the AC Distribution Board (metering panel & isolation panel)
which also houses energy meter. The 415V AC output of the isolation panel is fed to the local bus bar it could

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be stepped up to the required voltage level through power transformer and fed to the grid AC energy is then
synchronized with the grid and power is exported to the grid.

8. PROJECT STRENGTHS

The main strengths of this renewable energy based power project include:
 Power Demand supply gap.
 Sustained availability of sun radiations.
 Substantial socio-economic and environmental benefits.
 Latest technology equipment with highest efficiency.
 Sound techno commercial viability.
 Conducive State & Central Government Policies.

9. Proposed Business Model

A Solar Power Plant of 200 KW is proposed to be installed as a grid connected solar facility as defined
Type-I Project under “Uttarakhand Solar Power Policy – 2013”. The proposed solar power plant will be
capable of producing 200 KWh of electricity and will be developed on a 2000 m2 parcel of land located in the
Village Kumardhar, Block Jakhnidhar, Tehsil Jakhnidhar, District Tehri Garhwal, Uttarakhand.
Renewable energy generators require an up-front investment, which may be spread over the duration of the
construction. Once operating, no further injections of capital are required unless a major incidence happens,
which can be avoided if cash is kept in a major incidence account, funded from current cash flows.
The project is proposed to be installed under Category-B of MSME Policy of Uttarakhand. As per
MSME Policy of Govt. of India; Project will avail capital subsidy @35% (Maximum to Rs. 40 Lakhs) as well
as interest subsidy @ 8% (Maximum Rs. 6 Lakhs/year/unit) from State Govt. after installation & grid
synchronization.
The proposed project will collect the energy from the sun using multi -crystalline photovoltaic modules
and convert it to electrical energy for distribution to the local electricity distribution system. The entire
generated power will be sold to UPCL for next 25 years @ Rs. 4.69 per unit. For sale of generated power,
a PPA (Power Purchase Agreement) has already been signed with UPCL.

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10. MANPOWER REQUIREMENT

The total manpower requirement for the Solar Power project works out to around 3 for the power plant.
Skilled category, semi-skilled, un-skilled and supervisory category manpower, as well as staff is required for the
power plant. It is necessary to employ competent, experienced and professional staff as well as operating
personnel, at the switchyard and main solar power plant. Man power planning, recruitment, training and inducting
etc. must start right from the beginning of project execution.

11. SOCIO ECONOMIC & ENVIRONMENTAL BENEFITS

The proposed Solar Power project of will be a landmark achievement in renewable power sector of
Uttarakhand. It will truly become a role model for utilizing the Solar Power in the most efficient manner for eco-
friendly products like renewable and decentralized power generation. The sound techno-economic and commercial
viability of this project, coupled with highest efficiency in all aspects of power generation, will pave the way for
integration of power industry in the state of Uttarakhand.
Establishment of the latest and most efficient technologies adopted for PV based power generation will
also help the Indian power industry and equipment manufacturers to grow leaps and bounds, at the national and the
international levels.
The socio-economic benefits arising out of this project for the local populace will include creation of direct
and indirect jobs and consequent rise in the income levels, associated commercial and social infrastructure
development in the areas, improved quality and availability of power due to grid benefits (in terms of deemed
generation and power factor improvement), better environment.
At the national and the State levels, the benefits include decentralized power generation, reduction in T&D
losses, reduced emissions, increased tax revenues and reduction in the transmission costs.
Improved returns from trade of emission reductions due solar based power generation from the upcoming
international emissions trade market, under the Kyoto protocol.
The project will have excellent multiplier effect and will become truly a win-win situation for all
stakeholders. Thus, the proposed project has substantial socio-economic and environmental benefits at the local,
the State, the Regional and the National levels.

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12. SYSTEM DESCRIPTION AND SPECIFICATIONS OF THE COMPONENTS

12.1 EQUIPMENTS REQUIRED FOR GRID INTERACTIVE ROOF TOP SOLAR PV SYSTEM:

The grid interactive roof top solar PV system generally comprises the following equipment.
a) Solar PV Power Source/Solar Array
b) Grid-Tie PCU/Inverter
c) Mounting Structure
d) Power and control Cables
e) Earthing equipment /material
f) Junction Boxes or combiners
g) Instruments and protection equipment

13. TECHNICAL SPECIFICATIONS & FUNCTIONAL DESCRIPTION:

13.1 SOLAR PV POWER SOURCE/Solar Array

a) Solar photovoltaic modules can be developed in various combinations depending upon the requirements of the
voltage and power output to be taken from the solar plant. No. of cells and modules may vary depending upon
the manufacturer prudent practice.
b) The capacity and rating of SPV Power Source will depend on the load to be fed by it. The basic building block of
PV technology is the solar “cell”. Numbers of cells are wired in series to provide one PV “module”. Many
modules are linked together to form a PV “Array”. Many arrays are then wired to form a solar PV system to give
the desired output.
c) As a rule of thumb, the roof top solar PV modules will cover a maximum area in the range of 10m2 to 18m2 per
kWp depending on the type of technology used and also depending upon the space available. The orientation
would be generally towards south and inclination angle shall be the latitude of the location of the installation.
d) I-V Curve The suppliers of the SPV power source shall provide the I-V Curve at standard condition of
1000W/m2 solar intensity at 25 Degree Centigrade and Air Mass (thickness of the atmosphere)) of 1.5.
e) Irradiance or Light intensity: In actual field condition the irradiance may be different than the standard
irradiance. The SPV modules or panels are designed at a standard irradiance of 1000 watts per meter square at
25° Celsius and AM (air mass) 1.5, which is called “ONE SUN” or peak irradiance. The current delivered by the
SPV power source will decrease or increase but there would be no variation in the system voltage.

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f) The PV power project developers are required to optimize generation of electricity in terms of kWh generated
per kWp of PV capacity installed vis-à-vis available solar radiation at the site. This may be achieved through use
of efficient electronics, lower cable losses, maximization of power transfer from PV modules to electronics and
the grid, and by enhancing incident radiation by optional methods like seasonally changing tilt angles, etc.
g) As a rule of thumb 15% generation may be deducted if system is to be located within 50 km. of the coast and
7% may be deducted if PV system is located in valley regions subject to fog conditions.
h) The modules shall conform to IEC 61215, IEC 61646, IEC 61730 (Safety Qualification Testing), IEC 61701 (For
highly corrosive atmosphere) and 60068-2-68 standards. The proposed tilt angle for the modules is 30° (all the
modules will be facing south).
i) The wattage of the Solar Module will be 390/395 Watt of reputed brand like Adani/Vikram/Waaree/Websol. Total
230 KW capacity Solar Modules will be installed at DC side of the project. Total 590 Panels of 390 Watt each
will be installed to obtain the desired output.

13.2 Grid-tie INVERTER/ PCU


a) The DC power produced is fed to inverter/PCU (Power Conditioning Unit) for conversion into AC. In a grid
interactive system AC power is fed to the grid at 11 KV three phase systems. Power generated from the solar
system during the daytime is utilized fully by powering the captive loads and feeding excess power to the grid as
long as grid is available. In cases, where solar power is not sufficient due to cloud cover etc. the captive loads
are served by drawing power from the grid.

b) The output of the inverter must synchronize automatically its AC output to the exact AC voltage and frequency
of the grid.

c) In a solar PV system without battery or with battery the inverter continuously monitors the condition of the grid
and in the event of grid failure; the solar system is resynchronized with the grid within two minutes after the
restoration of grid. Grid voltage is continuously monitored and in the event of voltage going below a preset value
and above a preset value, the solar system shall be disconnected from the grid within the set time. Both over
voltage and under voltage relays shall have adjustable voltage (50% to 130%) and time settings (0 to 5
seconds).

d) Over-voltage protection shall be provided by using Metal Oxide Varistors (MOVs) on DC and AC side the
inverter.

e) The inverter shall be a true sine wave inverter for a grid interactive PV system.

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f) The degree of protection of the indoor inverter panel shall be at least IP 31 and that of outdoor at least IP-
54/IP65.

g) String Inverter/PCU of reputed brand like ABB/Delta/Solis, each of 50 KW capacity is proposed to be used
keeping in view the location of the site and in case of any fault, only partial breakdown will happen and
remaining project will continuous feed power into the grid.

13.3 MOUNTING STRUCTURES:

a) Hot dip galvanized iron mounting structures will be used for mounting the modules/ panels/arrays. These
mounting structures must be suitable to mount the SPV modules/panels/arrays on the ground, at an angle of tilt
with the horizontal in accordance with the latitude of the place of installation.

b) The ‘C’ Chanel of 70 MM x 40 MM x 10 MM of thickness 2.5 MM will be used and the GI thickness will be
minimum 80 Microns.

c) The Mounting structure shall be so designed to withstand the 150 Km/Hr. wind speed.

d) The mounting structure steel shall be as per latest IS 2062: 1992 and galvanization of the mounting structure
shall be in compliance of latest IS 4759.

Typical Fixed Tilt Module Mounting Structure (front side)

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Typical side view of MMS

13.4 JUNCTIONS BOXES OR COMBINERS

Dust, water and vermin proof junction boxes of adequate rating and adequate terminal facility made of fire
resistant Plastic (FRP) shall be provided for wiring. Each solar array shall be provided with fuses of adequate
rating to protect the solar arrays from accidental short circuit.

13.5 Power Evacuation and Interfacing with Grid


It is important that the power plant is designed to operate satisfactorily in parallel with grid, under the voltage
and frequency fluctuation conditions, so as to export the maximum possible units to the grid. It is also extremely
important to safeguard the system during major disturbances like tripping, pulling and sudden over loading
during the fluctuation of the grid loads on the generating unit in the island mode, under fault/feeder tripping
conditions.

13.5.1 Power Evacuation Plan


The Direct Current (DC) from modules is converted into Alternating Current (AC) by Inverters. The inverters
outputs are given to ACDB and then 0.440kV/11kV external transformers located outside the inverter rooms.
Then power shall be evacuated to the nearest substation.
The Power evacuation system comprises of following major components:

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• 11kV Transformer – Oil immersed type with Off circuit tap changer with all accessories
• Low Voltage (LV) Panel
• High Tension (HT) Panels
• LT & HT cables
• Control & Power evacuation cables

13.5.2 Transformers
The proposed step-up transformer of 0.440/11 KV, 250 KVA shall be installed outdoor suitable for the
climate of the proposed project site. The transformer will be free from annoying hum and vibration when it is in
operation, even at 10% higher voltage over the rated voltage. The noise level will be in accordance with
respective standards.
The transformer will be designed and constructed so as not to cause any undesirable interference in radio
or communication circuits. The oil filled transformer will be capable of operating continuously at its rated output
without exceeding the temperature rise limits as given below over design ambient temperature of 500 C.

• In oil by thermometer 500 C

• In winding by resistance 550 C


The transformer will be designed to withstand without injury, the thermal and mechanical effect of short
circuit at its terminal with full voltage maintained behind it for a period of 1 second. The transformer will be
capable of continuous operation at the rated output under voltage and frequency variation without injurious
heating at that particular tap for all tap positions.
Phase connections will be delta on LV side and star on HV side. HV side shall be resistance earthed. HV
side shall be suitable for connection to HT panels for the respective transformers. LV side shall be suitable for
connection to LV panel. Transformer will be designed for over fluxing withstand capability of 110% continuous
and 125% for at least 1 minute. Further it shall be capable of withstanding 140% of rated voltage at the
transformer LV terminal for a period of 5 seconds to take into account sudden load throw off conditions.
Overloads will be allowed within conditions defined in the loading guide of applicable standard. Under these
conditions, no limitations by terminal bushings, off circuit tap changers or other auxiliary equipment shall apply.

13.5.3 11 kV Switchyard
11kV Switchyard has been envisaged for evacuation of power through Step up Transformers for the
proposed plant. The switchyard shall be located in adjacent to Central Control Building. The switchyard shall be
interconnected with the 11 kV Grid Substation by means of overhead conductor.
Switchyard equipment:

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a) Circuit beakers
The circuit breakers and accessories will be in general conforming to IEC: 600 56, IS 60947 Part I, II,
III, EN 50521 and IS: 13118 as applicable. The circuit breaker will be totally re-strike free under all
the duty conditions and will be capable of breaking magnetizing current of transformer and capacitive
current of unloaded overhead lines without causing over voltages of abnormal magnitudes.

b) Current Transformers
Live or dead tank type three phase multi-core multi ratio current transformers will be provided for
indication, metering and protection requirements. Accuracy of tariff metering cores shall not be less
than Class 0.2. Separate CT cores will be provided for Main and Check Tariff Metering.

c) Lightning & Surge Arresters


Metal oxide (gapless) surge arresters of heavy duty station class (discharge class III) shall be
provided on each phase of 11 kV bays. The arrester will include a digital impulse counter and
leakage current detector.
Lightning Arrestor will be of non-linear resistor type. Unless otherwise modified in the specification
the lightning arrestor shall comply with IS 3070(Pt.1)1974 or the latest version thereof.

13.5.4 LT, LV, 11 kV Metering Equipment


Under the normal climatic and earthquake conditions, the HT and LV panels will meet the following
requirements:

1. The physical alignment of switchgear panel along with incoming and outgoing feeder connections,
supporting insulators & structures of bus bars will not get disturbed and there will not be any internal
flashover and/or electrical fault.
2. All relays, transducers, indicating instruments, devices in switchgear panels will not mal-operate.
3. Current carrying parts, supporting structure, earth connection etc. will not get dislocated and /or will not
break or distort.
4. Co-ordination with other systems

All equipment will have necessary protections. Every switchgear will be provided with necessary arrangement
for receiving, isolating, distributing and fusing of 440V AC and DC supplies for various control, lighting, space
heating and spring charging circuits. DC supply for control shall be duplicated for each board which shall run
through auxiliary bus wires.

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13.5.5 Cables
Cables will be unearthed grade suitable for use in medium resistance earthed system, with stranded &
compacted aluminum conductors, extruded semi-conducting compound screen, extruded XLPE insulated,
extruded semi-conducting compound with a layer of non- magnetic metallic tape for insulation screen, extruded
PVC (Type ST-2) FRLS outer sheathed, multi-cored conforming to IS 7098 (Part II) IEC-60502 for constructional
details and tests.

a) LT Power Cables
LT Power Cable will be unearthed grade, multi-core, stranded aluminum conductor, XLPE insulated
with PVC outer sheath made on FRLS PVC compound. All other details will be as applicable.
Minimum conductor cross section of power cables will be 25 Sq.mm or according to the voltage and
current of the system.

b) Control Cables
Control cables will be 1100V Grade, multi-core, minimum 4 mm2 cross section, stranded copper
conductor having 7 strands, PVC insulated, and outer sheath made of FRLS PVC compound. In
situations where accuracy of measurement is or voltage drop in control circuit is not warrant, higher
cross sections as required will be used. 4 sq.mm copper conductor cables will be used for CT circuits
all other specifications remaining same.

c) Power Evacuation Cable


XLPE insulated, aluminium cable confirming to IS 7098 of required length shall be provided for
power evacuation.

13.5.6 Grid Synchronization Scheme


The output power from inverter is stepped up to feed to the transmission line through 11 kV metering and
protection equipment located in the plant’s switchyard.

13.6 POWER AND CONTROL CABLES:

a) Power Cables of adequate rating shall be required for interconnection of :


 Modules/panels within array
 Charge controller & Loads Including Inverter (if used) & between load & inverter.
b) The cable shall be 1.1 KV grade, heavy duty, stranded copper/aluminum conductor, PVC type A insulated,
galvanized steel wire/strip armoured, flame retardant low smoke (FRLS) extruded PVC type ST-1 outer
sheathed. The cables shall, in general conform to IS-1554 P+I & other relevant standards.

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c) The minimum size of 11 kV power cables shall be chosen taking into account Fault level contribution to the
system and full load current. The allowable voltage drop at terminal of the connected equipment shall be max.
2.5% at full load. The de-rating factors viz. group duration of temp. duration shall also be considered while
choosing the conductor size.
d) The size of the cables between array interconnections, array to junction boxes, junction boxes to PCU etc. shall
be so selected to keep the voltage drop and losses to the minimum. The bright annealed 99.97% pure bare
copper conductors that offer low conductor resistance, they result in lower heating thereby increase in life and
savings in power consumption. These wires are insulated with a special grade PVC compound formulated. The
skin coloration offers high insulation resistance and long life. Cables are flexible & of annealed electrolytic grade
copper conductor and shall confirm to IS 1554/694-1990 and are extremely robust and resist high mechanical
load and abrasion.

13.7 EARTHING EQUIPMENT/MATERIAL

a) Earthing is essential for the protection of the equipment & manpower. Two main grounds used in the power
equipment are :
 System earth
 Equipment earth
b) In case of equipment earth all the non-current carrying metal parts are bonded together and connected to earth
to prevent shock to the man power & also the protection of the equipment in case of any accidental contact.
c) To prevent the damage due to lightning the one terminal of the lightning protection arrangement is also earthed.
The provision for lightning & surge protection of the SPV power source & Charge controller is required to be
made.
d) Earth resistance shall not be more than 5 ohms. It shall be ensured that all the earths are bonded together to
make them at the same potential.
e) The earthing conductor shall be rated for the maximum short circuit current. & shall be 1.56 times the short
circuit current. The area of cross-section shall not be less than 1.6 sq mm in any case.

13.8 INSTRUMENTS AND PROTECTION EQUIOPMENTS


Necessary equipment as per prudent practice shall be provided in addition to those specifically mentioned in this
report.

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13.9 METERING PHILOSOPHY AND REQUIRENTS


CEA has notified regulations on “Installation and Operation of Meters”, grid connectivity and technical standards
of grid connectivity which stipulates the various technical requirements such as accuracy class of meters, level
of harmonics and other requirements.
Metering is required as per the metering regulation and technical specification laid down by CEA to
measure the following energy transactions besides measurement of DC current, AC system voltages and
currents, frequency etc.
i. Solar Gross Generation
ii. Consumer load consumption
iii. Export of energy to the Grid
iv. Import of energy from the Grid

The Metering shall be done with two (one main and one check) ABT meter or with 0.2S class accuracy as
approved by the concern DISCOM. The meter shall be installed in both Plant end and Grid Substation coupling
point.

13.10 COMMUNICATION INTERFACE:


a) The communication must be able to support
 Real time data logging
 Event logging
 Supervisory control
 Operational modes
 Set point editing
b) The following parameters shall also be measured and displayed continuously.
 Solar system temperature
 Ambient temperature
 Solar irradiation/isolation
 DC current and Voltages
 DC injection into the grid (one time measurement at the time of installation)
 Efficiency of the inverter
 Solar system efficiency
 Display of I-V curve of the solar system
 Any other parameter considered necessary by supplier of the solar PV system based on
prudent practice.

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c) Data logger system must record these parameters for study of effect of various environmental & grid parameters
on energy generated by the solar system and various analysis would be required to be provided through bar
charts, curves, tables, which shall be finalized during approval of drawings.
d) The communication interface shall be an integral part of inverter and shall be suitable to be connected to local
computer and also remotely via the Web using either a standard modem or a GSM / WIFI modem.
e) Alerts in case of error (discrepancy in normal operation of components, like module string/ diodes/ inverter/
junction box / loose contacts/ etc.) to facilitate recognition and correction of the fault with minimum downtime.
f) Visualizes nominal status of the connected components via Control Center PC Software (diagnosis on site or
remote) Stores and visualizes energy yield data (for life of the plant) in the Portal from where the data can be
accessed remotely

g) The bidder must supply all the required hardware to have this web based SCADA operational such that the
system can be monitored via the web from distribution company office. Full-fledged SCADA is recommended for
Solar PV plants above 25 kW.

13.11 STRING COMBINER BOX


Dust, water and vermin proof string combiner boxes of adequate rating and adequate terminal facility made of
Fire Resistant Plastic (FRP) shall be provided for wiring. Each box shall be provided with fuses and surge
arrestors of adequate rating to protect the solar arrays from accidental short circuit.

13.12 OTHER FACILITIES INCLUDING WATER


The other important requirement for the power plant is water, which will be used pre-dominantly for
module cleaning. An over-head tank / underground sump will be constructed as per the requirement for the
water storage or it can be utilized from the nearby water source/canal.
A first-aid station will be located as part of the power house/office room. Sufficient space will be
provided for vehicle parking near to the power house. Within the layout approach roads will be made for easy
movement of man & machines.

14. RISK ASSESSMENT


Risk is a state in which the number of possible future events exceeds the number of events that will actually
occur, and some measure of probability can be attached to these events. Risks have three distinguishing features:

 Likely to occur in the future: Risks must be future events. Events that have occurred are facts, not risks.

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 Negative effect: Should the event occur, it would harm the project. For example it could result in higher costs,
schedule delays, or reduced quality.
 Not certain to occur: A certain future event is not a risk, but a task that should be included in the project plan

Risk assessment has been used as a means of preventing economic activity that creates more dangers than are
reasonable. Risk assessment allows us to identify, analyze and prioritize risks. The greatest danger for this project lies in
the financial risks. Risk management measures can transfer certain types of risks away from investors and lenders and
reduce the cost of financing a PV project. Other risks and barriers specific to PV projects are not uncommon, such as
governmental, social, and environmental risks. Risk aversion or mitigation becomes useful in identifying early stage
concerns of this PV project.

14.1 FINANCIAL RISK


Without financial support, moderate to large scale energy generating projects of this kind cannot be
enacted. Sources of financing, base lending and investment decisions are impacted by both the risks and
returns of a project. Addressing key financial concerns in the early development of this project helps to minimize
risks and maximize returns, which in turn helps to attract project financers.

To secure loans, developers and their equity sponsors will generally need to provide 20%-30% of the
capital for a project in the form of shareholder equity. As the risk associated with a project increases, lenders
might require that equity play a larger role in the financing structure. It is important for the financers to have
confidence in the application of this new technology. Before considering project risks, we will consider insurance
for financing which is a way to ensure financing throughout the project.

14.2 INSURANCE FOR FINANCING


Many issues can make a project unattractive to financers. Revenue exposure as a result of delays and
maintenance, for example, can become a concern for financers. Furthermore, the significant initial costs of many
renewable energy technology projects leads to an unattractive time profile, defined as a delay in revenue
compared to conventional power plants. As foreseeable costs become more defined and numerous, insurance
can be used to transfer unacceptable but insurable risk from the lenders/investor to insurance markets.
Insurance can provide financial protection from increased costs incurred from delays or damage during
fabrication/construction, transport, installation, construction and operational stages of the project. By removing
or minimizing risks to project financers, insurance for financing can play an essential role in ensuring the
availability of project financing. The time profile in particular provides a significant opportunity and role for
insurance.

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14.3 PROJECT RISK


In developing and launching the project, many risks must be identified and addressed outside of the
financial realm. Table below identifies project risks, indicates the impact of each risk, and establishes a
mitigation strategy.

Macro Perspective Risks:

Project Risk Probability Impact Mitigation

Lead time risks: Low Medium-High Involve several research


Risks associated with estimating the Delays, roadblocks in time team efforts for development
time and costs involved in the planning sensitive delivery of project of critical elements of the
stage. development. project.

Construction risk: Low-Medium Medium-High Implement a schedule for


Relates to the risks associated with Project not being completed project development with
construction phase. and operating on schedule, weekly timelines, milestones
can be lethal to the project. and progress reports.

Performance risks: Low-Medium Medium-High Performance reports


Relates to the risk that the project does High investment, low exposing failures in
not perform or operate as expected. production project. operational, resource,
technology, natural hazard
and permit delivery risks.

Operational Low Medium-High Monitoring reports in


Increase in downtime can mechanical breakdown,
become costly. damage connection
interruption, supply chain
issues.

Resource Low Medium Evaluate impacts of


Solar resource is well decreasing solar resource
documented to be stable for throughout the life of the
the lifespan of project. project.

Technology Medium Medium-High Accelerated testing of the


Prototypical or innovation technology could be
uncertainity may impact the developed in the feasibility
desirable results. study.

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Natural Hazard Medium Medium-High impact varies Conduct side effect study
upon nature of the hazard. and mitigation strategy for
fire. Lighting. Flood

Permit Delivery risk Low Medium-High Recognize time sensitive


Projects of this scope get appropriation of all permits,
more attention from permit licenses and approach
donors which could
accelerate lag time of
waiting

Micro Perspective Risks:

Project Risk Probability Impact Mitigation

Technological Medium Medium-High Ensure close and frequent


PV Module and BOS suppliers Escalating costs and contact with supplier and
unable to deliver on time. delays review timelines promises.

Institutional Low Medium-High Reapplying could set the


Developing permit refused Escalated costs and project back and inflate
project can come to costs. All permits or
complete halt. approach should be sent on
time allowing sufficient time
for revisions or re-
applications.

Technical Low Medium-High Incorporate quality


Insufficient ”Know –how” during Could compromise performance reviews as
project development integrity of the project and project goes underway
deliverables.

Environmental Medium Medium-High Program modules to vertical


Heavy Rain fall Load capacity might cause position
structural damage

Financial Greater than Medium-High Structure the project to


expected allow potential
construction costs investors/shareholders to
be added

Social Surrounding Medium Include community briefing


resident and feedback into project
discontent about development
project

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15. LOSSES AND CORRECTIONS

Brief description of the Energy Yield Losses:

Loss Description

Shading Three types of shading losses are considered in the PV energy yield model: horizon shading,
shading between rows of modules and near shading due to trees and buildings.

Incident angle The incidence angle loss accounts for losses in radiation penetrating the front glass of the PV
modules due to angles of incidence other than perpendicular.

Low irradiance The conversion efficiency of a PV module reduces at low light intensities.

Module temperature The characteristics of a PV module are determined at standard temperature conditions of
25°C. For every °C temperature rise above this, module efficiency reduces according to their
temperature coefficient.

Soiling Losses due to dust and bird droppings; soiling the module.

Module quality Most PV modules do not match exactly the manufacturer’s nominal specifications. Modules
are sold with a nominal peak power and a given tolerance within which the actual power is
guaranteed to lie.

Module mismatch Losses due to "mismatch" are related to the fact that the real modules in an array do not all
rigorously present the same current/voltage profiles: there is a statistical variation between
them.

DC wiring resistance Electrical resistance in wires between the power available at the modules and at the terminals
of the array gives rise to ohmic losses (I²R).

Inverter performance Inverters convert from DC into AC with a certain specified maximum efficiency. Depending on
the inverter load, they will not always operate at maximum efficiency.

AC losses This includes transformer performance (MV/HV) and ohmic losses in the cable leading to
substation.

Downtime Downtime depends on the grid availability, diagnostic response time, stock of spare
equipment and the repair response time.

Degradation The performance of a PV module decreases with time.

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Loss Description

MPP tracking The inverters are constantly seeking the maximum power point (MPP) of the array by shifting
inverter voltage to the maximum power point voltage. Different inverters do this with varying
efficiency.

Losses occur when irradiated solar energy is converted into AC electrical energy. A monitoring system has to be
implemented to make account of the amount of power generated and computation of the losses at the same time. To
minimize the losses on solar irradiance or for maximization of module efficiency, the collector plane is tilted to
approximately 30o to the horizontal.

16. ENVIRONMENTAL ASPECTS


16.1 ENVIRONMENTAL CONSIDERATIONS
Solar based power plant does not require any environment clearance from Ministry of Environment and
Forest and no environment impact assessment (EIA) study needs to be carried out as per the EIA notification of
14th Sept 2006. However, the consent to establish / NOC from State Pollution Control Board (SPCB) shall be
required and due permission will be obtained before making the plant operational, even though there will be no
air emission.

16.2 AIR & NOISE


The solar arrays and related equipment do not generate any air emissions other than a limited amount
of noise that comes from the inverters, transformers and associated cooling fans located throughout the solar
farm. All noise emissions must meet Ministry of the Environment (MOE) standards for noise levels at adjacent
residences. These standards require that noise levels from the solar power plant are literally “as quiet as a
library”, at 40 decibels maximum at the point of reception.

17. VARIOUS INVOLVED GOVERNMENT AGENCIES


17.1 UTTARAKHAND POWER CORPORATION LIMITED (UPCL)
Uttarakhand Power Corporation Limited (UPCL), a Government of Uttarakhand Undertaking is a
sole electricity distribution licensee of the state. Today, UPCL is supplying electricity to its 2.23 million
consumers across the State with peak demand of 2050 MW. The generated power from the Solar Power

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Plant will be purchased by UPCL according to the terms and conditions mentioned in the PPA (Power
Purchase Agreement).

17.2 DIRECTORATE OF INDUSTRIES


MSME Department (Directorate of industries) is the State level office responsible for
implementing the policies and programmes for Industrial Development in the State. The main aim of
Directorate of Industries is to provide a comprehensive framework to enable a facilitating, investor friendly
environment for ensuring rapid and sustainable industrial development in Uttarakhand and through this to
generate additional employment opportunities and to bring about a significant increase in the State
Domestic Product, eventually widening the resource base of the State.

Directorate of Industries executes the industrial policies of State Government as well as of Govt.
of India. It operates Single Window Contact & Facilitation Centers for establishment/facilitation center for
the setting up of Micro, Small and Medium industries in the state of Uttarakhand. It will also facilitate to
obtain capital subsidy as well as interest subsidy under the Uttarakhand MSME Policy.

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Grid Connected Solar Power Plant 200 KW, Rajesh Kumar Nath

18. BILL OF MATERIAL:

S.NO. DESCRIPTION UNIT QUNATITY


A. SOLAR PV MODULE AND ASCESSORIES
1. Solar PV modules – 390 Watt each Nos. 590
Make- Adani/Vikram/Websol/Waaree
2. MC4 Connectors and Branch Connectors LS As per Requirement

B. MODULE MOUNTING STRUCTURE


1. Solar Module Mounting Structure Hot Deep Galvanized (‘C’ Lot For 230 KW Solar
Chanel of 70MMx40MMx10MM with thickness of 3 MM and GI of Module
80 Micron) to withstand wind speed of 150 Km/Hr.
2. Hardware (Nut – Bolts)-SS304 Lot As per Requirement
C. INVERTER AND ASSOCIATED COMPONENT
1. 50 KW String Inverter with 3 ph Output Nos. 4 Nos. (200 KW.)
Make – ABB/Delta/Solis
2. Weather Station and Remote Monitoring System Set 1 Set
D. DC AND AC CABLES AND HARDWARE FOR TERMINATION(POWER CABLES)
1. XLPE un-armoured Cu Cable, Cu Multi-strand cable for Earthing Lot As per Requirement
of Equipment (DC), Aluminium AC Cable of appropriate size
according to the detailed design requirement
2. Accessories for Connections :Lugs, Glands, Termination Kits, Lot As per Requirement
Jointing Kits, Identity Tags and Ferruling etc.
E. CONTROL CABLES /COMMUNICATION CABLES
1. Copper armored Cable of appropriate size according to the Lot As per Requirement
detailed design requirement
2. Cat 6, Ethernet and FOC Cable Lot As per Requirement
F. ELECTRICAL PANELS
1. AC Combiner Boxes Copper (including Multifunction Energy Lot 1
Meter), ACDB of appropriate size according to the detailed
design requirement

G. Earthing – Earthing kit including GI Wire and Stripe of appropriate Lot 1


size
H. MISCELLANEOUS ITEMS
Installation accessories including Lot 1

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Grid Connected Solar Power Plant 200 KW, Rajesh Kumar Nath

a)Cable lugs for termination


b)MC4 connectors for modules
c)Cable Ties
d)Porcelain insulator for GI strip fixing
e)Cable Tray
f)Cable Conduits and accessories

19. SCOPE OF WORK


19.1 JOBS IN THE SCOPE OF EPC CONTRACTOR
1. Detailed engineering: Design of sub-structures for PV panel mounting, and routing mechanism, the
foundation required to fix the structures to the ground and spacing for service/maintenance and cable fixing.
2. Electrical connectivity to the electrical system in the plant as agreed in the SLD or other design document.
EPC Contractor shall be responsible for cabling from the PV installation up to the PCU and ACDB.
3. Supply of materials as specified.
4. Fabrication and supply of module mounting structures.
5. Training of the staff deputed by the developer.
6. Maintenance during the warranty period.
7. Assistance in design of transmission/electrical system and mechanism of connectivity of solar power plant
with the grid at 11 KV voltage level, including creation of the SLD for the same.
8. Transmission and grid synchronization works.
19.2 JOBS IN THE SCOPE OF THE DEVELOPER
1. Shadow Free Leveled Land of 2200 sq m. (or as required actual) for a 230 KWp Solar Panels.
2. Seeking statutory clearance of any type if required.
3. Land development, Fencing and Lighting of the project site.
4. Removal of the any existing voluminous/heavy objects from the site for the solar plant.
5. Provision of sufficient, electrical lighting at the solar plant location during the installation & Commissioning.
6. The construction of the room for the housing the inverter etc.

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Grid Connected Solar Power Plant 200 KW, Rajesh Kumar Nath

20. PROJECT IMPLEMENTATION


Project will be implemented by EPC Contractor selected for this purpose within 6 months from the date of
receipt of Order from the project developer.

20.1 PROJECT IMPLEMENTATION SCHEDULE:


S.No. Activity Duration in Days/Weeks
1. Site survey/layout design 3-4 weeks

2. Final design as per the site survey 1 week

3. Equipment of orders 1 week

4. Receipt of SPV Modules 6-8 weeks

5. Receipt of PCU 6-8 weeks

6. Procurement of other items 2-3 weeks

7. Supporting Structure fabrication 6-8 weeks

8. System Installation & Commissioning 4-6 weeks

9. Training to technician nominated by Customer 1 week

*Most of the above activities will be done simultaneously

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21. PROJECT DETAILS: - GRID CONNECTED SYSTEM: SIMULATION PARAMETER


21.1 SIMULATION PARAMETERS

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21.2 MAIN RESULTS

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21.3 LOSS DIAGRAM

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21.4 SPECIFIC RESULTS


21.4.1 BALANCE AND MAIN RESULT

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21.4.2 MATEO AND INCIDENT ENERGY

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21.4.3 DETAILED SYSTEM LOSSES

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21.4.4 DETAILED INVERTER LOSSES

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21.4.5 EFFECTIVE INCIDENT ENERGY

21.4.6 OPTICAL FACTORS

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21.4.7 ENERGY INJECTION INTO GRID WITH PERFORMANCE RATIO

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21.4.8 NORMALIZED PERFORMANCE COEFFICIENTS

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21.4.9 VARIOUS GRAPHS OF PROJECT OUTPUT

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22. COST DETAILS OF THE PROJECT


Sl. No Description Qty Total (Rs.)
1 Design, Supply, Installation, Testing and Commissioning of 200
1 Job @
KW (255 KW DC) Solar Power Plant including Civil Works 46.30 per 1,18,06,500.00
(Material and Installation) complete in all respect Watt

2 Laying of Transmission Line and associated works from Power


House to the 11 KV Line including step-up transformers, metering 1 Job 12,00,000.00
arrangements & other related works (Appx. 2 Kms Line)

3 Site Development Works and Fencing of the power project 1 Job 4,00,000.00
4 Miscellaneous L.S. 3,00,000.00
Total 1,37,06,500.00
5. Subsidy from MSME 35,00,000.00

6. Project Cost After Subsidy 1,02,06,500.00

Detailed Financial Analysis and Calculations are Annexed at Annexure-1.

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23. Conclusion

The techno-commercial viability of the proposed PV Based 200 KW Grid Connected Solar power plant at
Village Kumardhar, Jakhnidhar, Block Kakhnidhar, District Tehri Garhwal, Uttarakhand under Type-I Project of
Uttarakhand Solar Policy to be implemented by the Owner has been detailed out in the previous chapters. It has been
found that the major factors affecting the Project are technical Feasibility and financial viability.
Therefore the following conclusions are drawn keeping the above into consideration. Recommendations are
project specific and are the best after analyzing the project in detail.
Compared to similar Power Projects, this project is Capital intensive. One way to contain this Capital cost is to
minimize the engineering, procurement and construction cost and at the same time not compromising on the quality. This
can be achieved through the competitive bidding route. This ensures the quality as well as the cost. This has also a
positive side in containing the cost of manpower, material, and cost for implementation, time overrun and cost overrun for
the Project. Therefore Competitive Bidding is recommended for the Project
 There is Central and State support and fiscal incentives available for various options for similar projects.
 The Government of Uttarakhand is now encouraging such projects, under the tariff guidelines of UERC
 The Government is also encouraging such projects by capital as well as interest subsidy.
 The period of implementation of this Project is considered to be low, at around 6 months.
 The break-even point for this project is reasonable and hence there is no doubt about its profitability.
Therefore it is recommended by us to implement the Solar Power Project and adopt the professionalism and work
efficiency that such projects offer and create benchmark in the industry itself.
In view of the above, it is feasible to implement and operate the proposed 200 KW Solar Power Project.

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24. DEFINITIONS
Any capitalized term, used but not defined in this DPR, shall have the meaning ascribed to such term in the RfP
Documents, or the Bidding Guidelines, in that order. In absence of availability of definitions in the foregoing references,
the capitalized terms shall be interpreted in accordance with the Electricity Act 2003, the CERC (Terms and Conditions
for Tariff determination from Renewable Energy Sources) Regulations, 2012, UERC (Tariff and Other Terms for Supply
of Electricity from Renewable Energy Sources and non-fossil fuel based Co-generating Stations) Regulations, 2018, Grid
Code or any other relevant electricity law, rule or regulation prevalent in India, as amended or re-enacted from time to
time, in that order.
The following terms are defined for use in this DPR:
1. “Appropriate Commission” shall mean the CERC, or the UERC or the Joint Commission referred to in
Section 83 of the Electricity Act 2003, as the case may be;
2. “Average Pooled Purchased Cost (APPC)” shall mean the weighted average pooled price at which the
distribution licensee has purchased the electricity including the cost of self-generation, if any, in the
previous year from all the energy suppliers long-term and short-term, but excluding those based on
renewable energy sources, as the case may be.
3. “Capacity Utilization Factor” or “CUF” shall mean the total energy sent out during the period expressed
as a percentage of installed capacity reduced by the normative auxiliary consumption in that period
4. “CERC” shall mean the Central Electricity Regulatory Commission of India constituted under sub – section
(1) of Section-76 of the Electricity Act, 2003 or its successors;
5. “Consents, Clearances and Permits” shall mean all authorizations, licenses, approvals, registrations,
permits, waivers, privileges, acknowledgements, agreements, or concessions required to be obtained from
or provided by any concerned authority for the purpose of setting up of the generation facilities including
dedicated transmission line and/or supply of power;
6. “COD” Date of commercial operation or commissioning shall be considered as the date of first injection of
power into the licensee’s grid after completion of project in all respect subsequent to compliance of all the
following pre-requisites:
(a) Installation of Energy meter as certified by the concerned Executive Engineer of the distribution
licensee.
(b) Project completion report as verified by UREDA, the state nodal agency.
(c) Issuance of Clearance Certificate by the Electrical Inspector.
(d) Further, such generator has to demonstrate minimum 75% Performance Ratio based on the rated
installed capacity in KW or MW at the time of inspection for initial commissioning.

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7. “Contract Year” shall mean the period beginning on the Scheduled Delivery Date and ending on the
immediately succeeding March 31 and thereafter each period of 12 months beginning on April 1 and ending
on March 31 provided that the last Contract Year shall end on the last day of the term of the PPA;
8. “CTU” or “Central Transmission Utility” shall mean the utility notified by the Central Government under
Section-38 of the Electricity Act 2003;
9. “Effective Date” shall mean the date from which the PPA becomes effective;
10. “Electricity Act 2003”shall mean the Electricity Act, 2003 and any rules, amendments, regulation,
notifications, guidelines or policies issued there under from time to time.
11. “Feed in Substation” shall be the substation of Transco / Discom.
12. “Grid Code” / “IEGC” or “State Grid Code” shall mean the Grid Code specified by the Central
Commission under clause (h) of sub-section (1) of Section 79 of the Electricity Act and/or the State Grid
Code as specified by the concerned State Commission referred under clause (h) of sub-section (1) of
Section 86 of the Electricity Act, as applicable;
13. “Hilly Region of Uttarakhand”. Shall be as defined in Micro, Small and Medium Enterprise (MSME)
policy- 2015 and as amended time to time by Uttarakhand Government except the area described in
category D in the MSME Department order No 544/VII-2-16/146-MSME/2013 dated22/03/2016.
14. “Interconnection Point” shall mean interface point of line isolator on outgoing feeder on HV side of
generator transformer in the switching year of renewable energy generating facility with the transmission
system or distribution system.
15. “Law” shall have the same meaning as ascribed thereto in the PPA;
16. “Letter of Award” or “LOA” shall mean the letter to be issued by UREDA to the Successful Bidder(s) for
supply of power;
17. “PPA” shall mean the agreement to be entered into between UPCL and the Seller pursuant to which the
Seller shall supply power to UPCL as per the terms and conditions specified therein and a draft of which is
attached hereto and marked as Enclosure 1 of Format 4.10 of this RfP, including all its schedules,
annexures, and all amendments or modifications;
18. “UPCL” shall mean Uttarakhand Power Corporation Ltd. (UPCL), Dehradun – a Company incorporated in
India and registered under the Companies Act, 2013.
19. “Permanent Resident of Uttarakhand” shall means:-
(a) In case of individual – Permanent resident of Uttarakhand means a person having domicile/Permanent
residency certificate of Uttarakhand State. The Proprietor firms shall be treated as Individual.
(b) In case of Entity – The Entities like Registered Partnership Firm, Company, LLP, Trust, Society or
Autonomous organization/Institutions under State Govt mean an entity having its registered office in

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the State of Uttarakhand, and having 51% of the paid up capital and control held by the Permanent
Residents having domicile/Permanent residency certificate of Uttarakhand State.
20. 'Regulations' means the Uttarakhand Electricity Regulatory Commission (Tariff and Other Terms for
Supply of Electricity from Renewable Energy Sources and non-fossil fuel based cogenerating stations)
Regulations, 2018.
21. “Scheduled Delivery Date” shall mean the Date on which the Seller is required to start delivering the
power at the Interconnection Point as per the terms and conditions of the PPA;
22. “Seller” shall mean the Person or the Project Company, as the case may be who executes the PPA and
shall be responsible for supplying power to UPCL at the Interconnection Point for the term of the PPA as
per the terms and conditions specified.
23. “SERC” shall mean the State Electricity Regulatory Commission of any state in India constituted under
Section-82 of the Electricity Act, 2003 or its successors, and includes a Joint Commission constituted under
sub-section (1) of Section 83 of the Electricity Act2003;
24. “Levelised Tariff” refers to the average fixed tariff over the entire term of the PPA, the bidder has to quote
Levelised tariff
25. “Statutory Auditor” shall mean the auditor of a Company appointed under the provisions of the
Companies Act, 2013 or under the provisions of any other applicable governing law;
26. “STU” or “State Transmission Utility” shall mean the board or the government company specified as
such by the State Government under sub-section (1) of Section 39 of the Act;
27. “Type-I Project”- shall mean “Projects selected as per the competitive bidding process for selling power to
Uttarakhand DISCOM for meeting their RPO Obligation as specified by UERC from time to time under
Uttarakhand Solar Energy Policy-2013 and as amended from time to time”.
28. “IDS” shall mean “Industrial Development Scheme for Himachal Pradesh and Uttarakhand notified by
Ministry of Commerce & Industry (Department of Industrial Policy & Promotion, Govt. of India vide
notification F. No. 2(2)/2018-SPS dated 23rd April, 2018.

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Array Layout
ACDB Module Wattage 390
Watt
LT Cable No. of Modules 590 Nos.
No. of Inverters 4 Nos.X
Step-up 50KW
Transformer Structure Tilt 290
0.4/11KV 125 KVA (Ture South)
Capacity of Plant 200 KW
AC
Structure MS HDG
Metering, CT
& PT, VCB

HT Cable
Legends
Solar PV Module 390 Watt
HT Line
Solar String Inverter of 50 KW
11 KVA
Cable Routing

Project Grid Connected Solar Power Plant


Capacity 200 KW
Owner Rajesh Kumar Nath

Layout Plan of Grid Connected Solar Power Plant


Annexure-1 :
Detailed Financial Calculations.
Project Financial Report
1 Name of Project Grid Connected Solar Power Plant
2 Project Owner Rajesh Kumar Nath
3 Project Capacity 200 KW
4 Project Location Village - Kumardhar, Tehsil - Jakhnidhar, Tehri Garhwal

A.1. ASSUMPTION SHEET FOR TARIFF CALCULATION


Assumpti Parameter
Sub Head Sub Head 2 Unit
S.No. on head Value
1 Power Generation
Capacity
Installed Capacity MW 0.250
Capacity Utilization Factor % 20.0%
Generation per MW Mus 1.8
Total Generation Mus 0.438
Time Involved in Construction 4 months
Useful Life years 25
Auxilary consumption % 2%
2 Project Cost
Capital Cost / MW
Benchmark Capital Cost (As per MNRE) Rs./Watt 50.00
Capital Cost of Project (200 KW) Rs. Lakhs 125.00
Capital Subsidy, if any Rs. Lakhs 35.00
Net Capital Cost Rs. Lakhs 90.00

3 Financial Assumption
Tariff Period Years 25
Debt: Equity
Debt % 76%
Eqity % 24%
Total Debt Amount Rs. Lakhs 95.00
Total Equity Amount Rs. Lakhs 30.00
Debt Component
Repayment Schedule Monthly
Intrest Rate % 9.5%
Term of Loan Years 7
Equity Component
Eqity Amount Rs. Lakhs 30.00
Return on Equity for first 10 years % p.a 0%
Return on Equity 11th year onward % p.a 0%
Depreciation
Depreciation rate (SLM for entire life) % p.a 4.00%
Interest on Working Capital
Working capital as per CERC Regulation 5%
Operation & Maintenance
O&M Cost Rs. Lakhs/MW 3.00
Total O&M Cost Rs. Lakhs 0.75
O&M esclation % p.a 5.72%
Incentives
GBI per unit (max under MNRE) Rs. / unit 0
Rs. Lakhs/
Generation Based Incentive if any
annum 0
Period for GBI Years 0
GBI for a project Rs/kWh 0

4 Operation & Maintenance


Normative O&M Expense Rs. Lakhs/ MW 3.00
O&M Expense per Annum Rs. Lakhs 0.75
Escalation Factor for O&M Expense % 5.72%

5 Working Capital
O&M Expense per Month Rs. Lakhs 0.10
Maintenance Spare % of O&M Cost 2%
Recievables for one and half month Rs. Lakhs
Intrest Rate on Working Capital % 10%

6 State Tariff
Assumption State electricity Board (PPA) Rs/KWh 4.69
Assumption Escalation Factor % 0%
Escalation after year year 0

7 Taxes
MAT % 20%
Corporate Tax % 26.00%
Individual % 31.20%
A.2 OPERATION & MAINTENANCE COST
O&M COST PER MW Rs. Lakhs 3.000
TOTAL O&M COST Rs. Lakhs 0.750
ESCALATION PER YEAR % 5.72%
YEAR 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
ANNUAL O&M COST Rs. Lakhs 0.750 0.793 0.838 0.886 0.937 0.990 1.047 1.107 1.170 1.237 1.308 1.383 1.462 1.546 1.634 1.634 1.728 1.826 1.931 2.041 2.158 2.281 2.412 2.550 2.696
MONTHLY O&M COST Rs. Lakhs 0.063 0.066 0.070 0.074 0.078 0.083 0.087 0.092 0.098 0.103 0.109 0.115 0.122 0.129 0.136 0.136 0.144 0.152 0.161 0.170 0.180 0.190 0.201 0.212 0.225

A.3 WORKING CAPITAL CALCULATION


INTEREST RATE FOR WC 5%
MAINTENANCE SPARE 2%
YEAR 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
MONTHLY O&M COST Rs. Lakhs 0.063 0.066 0.070 0.074 0.078 0.083 0.087 0.092 0.098 0.103 0.109 0.115 0.122 0.129 0.136 0.136 0.144 0.152 0.161 0.170 0.180 0.190 0.201 0.212 0.225
MAINTENANCE SPARE Rs. Lakhs 0.015 0.016 0.017 0.018 0.019 0.020 0.021 0.022 0.023 0.025 0.026 0.028 0.029 0.031 0.033 0.033 0.035 0.037 0.039 0.041 0.043 0.046 0.048 0.051 0.054
2 MONTH RECIEVABLES Rs. Lakhs 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424 3.424
TOTAL WORKING CAPITAL Rs. Lakhs 3.501 3.506 3.510 3.515 3.521 3.526 3.532 3.538 3.545 3.552 3.559 3.567 3.575 3.583 3.593 3.593 3.602 3.612 3.623 3.635 3.647 3.659 3.673 3.687 3.702
INTREST ON WC Rs. Lakhs 0.175 0.175 0.176 0.176 0.176 0.176 0.177 0.177 0.177 0.178 0.178 0.178 0.179 0.179 0.180 0.180 0.180 0.181 0.181 0.182 0.182 0.183 0.184 0.184 0.185

A.4 DEPRECIATION CALCULATION


PLANT COST Rs. Lakhs 125.00
DEPRICIATION RATE 4.00% FOR Entire Life
DEPRICIATION METHOD St. Line

YEAR 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
RATE OF DEPRECIATION % 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00%
WDM opening balance Rs. Lakhs 125.000 124.200 118.360 112.520 106.680 100.840 95.000 90.000 85.000 80.000 75.000 70.000 65.000 60.000 55.000 50.000 45.000 40.000 35.000 30.000 25.000 20.000 15.000 10.000 5.000
depriciation Rs. Lakhs 0.800 5.840 5.840 5.840 5.840 5.840 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000
WDM closing balance Rs. Lakhs 124.200 118.360 112.520 106.680 100.840 95.000 90.000 85.000 80.000 75.000 70.000 65.000 60.000 55.000 50.000 45.000 40.000 35.000 30.000 25.000 20.000 15.000 10.000 5.000 0.000
A.5 TARIFF CALCULATION
UNITS GENERATION YEAR 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
INSTALLED CAPACITY MW 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250
Total GENERATION Lakhs unit 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380 4.380

TARIFF COMPONENTS YEAR 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25


INTREST ON CAPITAL Rs. Lakhs 8.996 8.751 8.438 8.093 7.715 7.300 6.843 6.340 5.788 5.181 4.514 3.780 2.974 2.088 1.113 0.162

DEPRECIATION Rs. Lakhs 0.800 5.840 5.840 5.840 5.840 5.840 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000
RETURN ON EQUITY Rs. Lakhs 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
INTREST ON WORKING CAPITAL Rs. Lakhs 0.175 0.175 0.176 0.176 0.176 0.176 0.177 0.177 0.177 0.178 0.178 0.178 0.179 0.179 0.180 0.180 0.180 0.181 0.181 0.182 0.182 0.183 0.184 0.184 0.185
O& M COST Rs. Lakhs 0.750 0.793 0.838 0.886 0.937 0.990 1.047 1.107 1.170 1.237 1.308 1.383 1.462 1.546 1.634 1.634 1.728 1.826 1.931 2.041 2.158 2.281 2.412 2.550 2.696
TOTAL COST Rs. Lakhs 10.721 15.559 15.291 14.995 14.668 14.306 13.066 12.624 12.136 11.596 11.000 10.341 9.615 8.812 7.927 6.975 6.908 7.007 7.112 7.223 7.340 7.464 7.596 7.734 7.881

LEVELLISED TARIFF YEAR 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25


NOMINAL TARIFF Rs./Unit 2.448 3.552 3.491 3.424 3.349 3.266 2.983 2.882 2.771 2.647 2.511 2.361 2.195 2.012 1.810 1.593 1.577 1.600 1.624 1.649 1.676 1.704 1.734 1.766 1.799
DISCOUNT FACTOR 0.00% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000
PV OF NOMINAL TARIFF Rs./Unit 2.448 3.552 3.491 3.424 3.349 3.266 2.983 2.882 2.771 2.647 2.511 2.361 2.195 2.012 1.810 1.593 1.577 1.600 1.624 1.649 1.676 1.704 1.734 1.766 1.799
LEVELLISED TARIFF Rs./Unit 2.34
PROJECTED BALANCE SHEET

Installation
Liabilities Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8 Year-9 Year-10 Year-11 Year-12 Year-13 Year-14 Year-15
Period

Equity 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00
Reserves & Surplus
Surplus of P& L 0.00 15.80 26.39 37.99 50.09 62.16 74.19 85.83 98.29 110.82 123.29 135.70 148.06 160.36 172.60 184.77
Capital Reserve - - - - - - - - - - - - - - - -
Loan Amount 95.00 92.63 78.38 64.13 49.88 35.63 21.38 7.13 - - - - - - - -

Total Liabilities 125.00 138.42 134.76 132.12 129.97 127.79 125.56 122.95 128.29 140.82 153.29 165.70 178.06 190.36 202.60 214.77
Assets
Land - - - - - - - - - - - - - - - -
Plant & Machinery 120.00 119.20 113.36 107.52 101.68 95.84 90.00 85.00 80.00 75.00 70.00 65.00 60.00 55.00 50.00 45.00
Cash & Bank balance 0.00 14.22 16.40 19.60 23.29 26.95 30.56 32.95 43.29 60.82 78.29 95.70 113.06 130.36 147.60 164.77
Miscl Assets 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00
Sundry Debtors
Security Deposit

Total Assets 125.00 138.42 134.76 132.12 129.97 127.79 125.56 122.95 128.29 140.82 153.29 165.70 178.06 190.36 202.60 214.77
- - - - - - - - - - - - - - - -
Statement showing calculation of estimated interest
Loan Interest Rate 9.5% (Rs. In Lakhs)
Sr. Year Repayment of Principal Closing Balance Interest
No. Monthly Yearly Monthly Yearly Monthly Yearly

1 01/10/2021 - 95.00 0.752


2 01/11/2021 - 95.00 0.752
3 01/12/2021 - 95.00 0.752
4 01/01/2022 - 95.00 0.752
5 01/02/2022 1.19 93.81 0.743
6 01/03/2022 1.19 2.38 92.63 0.733 4.48
7 01/04/2022 1.19 91.44 0.724
8 01/05/2022 1.19 90.25 0.714
9 01/06/2022 1.19 89.06 0.705
10 01/07/2022 1.19 87.88 0.696
11 01/08/2022 1.19 86.69 0.686
12 01/09/2022 1.19 85.50 0.677
13 01/10/2022 1.19 84.31 0.667
14 01/11/2022 1.19 83.13 0.658
15 01/12/2022 1.19 81.94 0.649
16 01/01/2023 1.19 80.75 0.639
17 01/02/2023 1.19 79.56 0.630
18 01/03/2023 1.19 14.25 78.38 0.620 8.07
19 01/04/2023 1.19 77.19 0.611
20 01/05/2023 1.19 76.00 0.602
21 01/06/2023 1.19 74.81 0.592
22 01/07/2023 1.19 73.63 0.583
23 01/08/2023 1.19 72.44 0.573
24 01/09/2023 1.19 71.25 0.564
25 01/10/2023 1.19 70.06 0.555
26 01/11/2023 1.19 68.88 0.545
27 01/12/2023 1.19 67.69 0.536
28 01/01/2024 1.19 66.50 0.526
29 01/02/2024 1.19 65.31 0.517
30 01/03/2024 1.19 14.25 64.13 0.508 6.71
31 01/04/2024 1.19 62.94 0.498
32 01/05/2024 1.19 61.75 0.489
33 01/06/2024 1.19 60.56 0.479
34 01/07/2024 1.19 59.38 0.470
35 01/08/2024 1.19 58.19 0.461
36 01/09/2024 1.19 57.00 0.451
37 01/10/2024 1.19 55.81 0.442
38 01/11/2024 1.19 54.63 0.432
39 01/12/2024 1.19 53.44 0.423
40 01/01/2025 1.19 52.25 0.414
41 01/02/2025 1.19 51.06 0.404
42 01/03/2025 1.19 14.25 49.88 0.395 5.36
43 01/04/2025 1.19 48.69 0.385
44 01/05/2025 1.19 47.50 0.376
45 01/06/2025 1.19 46.31 0.367
46 01/07/2025 1.19 45.13 0.357
47 01/08/2025 1.19 43.94 0.348
48 01/09/2025 1.19 42.75 0.338
49 01/10/2025 1.19 41.56 0.329
50 01/11/2025 1.19 40.38 0.320
51 01/12/2025 1.19 39.19 0.310
52 01/01/2026 1.19 38.00 0.301
53 01/02/2026 1.19 36.81 0.291
54 01/03/2026 1.19 14.25 35.63 0.282 4.00
55 01/04/2026 1.19 34.44 0.273
56 01/05/2026 1.19 33.25 0.263
57 01/06/2026 1.19 32.06 0.254
58 01/07/2026 1.19 30.88 0.244
59 01/08/2026 1.19 29.69 0.235
60 01/09/2026 1.19 28.50 0.226
61 01/10/2026 1.19 27.31 0.216
62 01/11/2026 1.19 26.13 0.207
63 01/12/2026 1.19 24.94 0.197
64 01/01/2027 1.19 23.75 0.188
65 01/02/2027 1.19 22.56 0.179
66 01/03/2027 1.19 14.25 21.38 0.169 2.65
67 01/04/2027 1.19 20.19 0.160
68 01/05/2027 1.19 19.00 0.150
69 01/06/2027 1.19 17.81 0.141
70 01/07/2027 1.19 16.63 0.132
71 01/08/2027 1.19 15.44 0.122
72 01/09/2027 1.19 14.25 0.113
73 01/10/2027 1.19 13.06 0.103
74 01/11/2027 1.19 11.88 0.094
75 01/12/2027 1.19 10.69 0.085
76 01/01/2028 1.19 9.50 0.075
77 01/02/2028 1.19 8.31 0.066
78 01/03/2028 1.19 14.25 7.13 0.056 1.30
79 01/04/2028 1.19 5.94 0.047
80 01/05/2028 1.19 4.75 0.038
81 01/06/2028 1.19 3.56 0.028
82 01/07/2028 1.19 2.38 0.019
83 01/08/2028 1.19 1.19 0.009
84 01/09/2028 1.19 7.13 - - 0.14
A.6 Loan Repayment Schedule
Sl.No. Description 0 yr 1 yr 2 yr 3 yr 4 yr 5 yr 6 yr 7 yr 8 yr 9 yr 10 yr 11 yr 12 yr 13 yr 14 yr 15 yr 16 yr 17 yr 18 yr 19 yr 20 yr 21 yr 22 yr 23 yr 24 yr 25 yr

a Outstanding Loan 95.00 92.63 78.38 64.13 49.88 35.63 21.38 7.13 - - - - - - - - -
b Outstanding Equity Capital 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00
c Loan Principal Repayment 2.38 14.25 14.25 14.25 14.25 14.25 14.25 7.13 - - - - - - - -
d Interest on Term Loan 4.48 8.07 6.71 5.36 4.00 2.65 1.30 0.14 - - - - - - - -
e Total (c+d) 6.86 22.32 20.96 19.61 18.25 16.90 15.55 7.27 - - - - - - - - - - - - - - - - -

A.7 Profitability Statement


Sl.No. Description 0 yr 1 yr 2 yr 3 yr 4 yr 5 yr 6 yr 7 yr 8 yr 9 yr 10 yr 11 yr 12 yr 13 yr 14 yr 15 yr 16 yr 17 yr 18 yr 19 yr 20 yr 21 yr 22 yr 23 yr 24 yr 25 yr
Income
1 Generation in Lakh KWh 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38
2 SEB Rate in Rs./KWH 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69 4.69
3 GBI Rs./KWh/Interest Subsidy 4.48 6.00 6.00 5.36 4.00 2.65 - - - - - - - - - - - - - - - - - - -
4 Return on Equity - - - - - - - - - - - - - - - - - - - - - - - - -
Total Income (Rs. in Lakhs) 25.03 26.54 26.54 25.90 24.55 23.19 20.54 20.54 20.54 20.54 20.54 20.54 20.54 20.54 20.54 20.54 20.54 20.54 20.54 20.54 20.54 20.54 20.54 20.54 20.54
5 Operation & Maintenance charges 0.75 0.79 0.84 0.89 0.94 0.99 1.05 1.11 1.17 1.24 1.31 1.38 1.46 1.55 1.63 1.63 1.73 1.83 1.93 2.04 2.16 2.28 2.41 2.55 2.70
6 Interest on Working capital 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.19
7 Interest on term loan 4.48 8.07 6.71 5.36 4.00 2.65 1.30 0.14 - - - - - - - -
8 Depreciation 0.80 5.84 5.84 5.84 5.84 5.84 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00
Total Expenses (Rs. in Lakhs) 6.21 14.87 13.57 12.26 10.96 9.66 7.52 6.42 6.35 6.41 6.49 6.56 6.64 6.72 6.81 6.81 6.91 7.01 7.11 7.22 7.34 7.46 7.60 7.73 7.88
9 Profit Before Taxation 18.82 11.67 12.98 13.64 13.59 13.54 13.02 14.12 14.19 14.13 14.06 13.98 13.90 13.82 13.73 13.73 13.63 13.54 13.43 13.32 13.20 13.08 12.95 12.81 12.66
10 Provision for Taxes IT 3.02 1.08 1.37 1.54 1.52 1.51 1.38 1.65 1.67 1.66 1.64 1.62 1.60 1.58 1.56 1.56 1.53 1.51 1.48 1.45 1.43 1.39 1.36 1.33 1.29

11 Net Profit 15.80 10.59 11.61 12.10 12.07 12.03 11.64 12.47 12.52 12.47 12.42 12.36 12.30 12.24 12.17 12.17 12.10 12.03 11.95 11.87 11.77 11.69 11.59 11.48 11.37

12 Net Cash Accurals Depreciation added back (Rs. in crore) 16.60 16.43 17.45 17.94 17.91 17.87 16.64 17.47 17.52 17.47 17.42 17.36 17.30 17.24 17.17 17.17 17.10 17.03 16.95 16.87 16.77 16.69 16.59 16.48 16.37

A.8 Cost of Production 1.73 6.81 6.85 6.90 6.95 7.01 6.22 6.28 6.35 6.41

Sl.No. Description 0 yr 1 yr 2 yr 3 yr 4 yr 5 yr 6 yr 7 yr 8 yr 9 yr 10 yr 11 yr 12 yr 13 yr 14 yr 15 yr 16 yr 17 yr 18 yr 19 yr 20 yr 21 yr 22 yr 23 yr 24 yr 25 yr

1 Total Expenses 6.21 14.87 13.57 12.26 10.96 9.66 7.52 6.42 6.35 6.41 6.49 6.56 6.64 6.72 6.81 6.81 6.91 7.01 7.11 7.22 7.34 7.46 7.60 7.73 7.88
2 Generation 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38 4.38
3 Cost of production / KWH 1.42 3.40 3.10 2.80 2.50 2.20 1.72 1.47 1.45 1.46 1.48 1.50 1.52 1.54 1.56 1.56 1.58 1.60 1.62 1.65 1.68 1.70 1.73 1.77 1.80

A.9 Cashflow Statement


Sl.No. Description 0 yr 1 yr 2 yr 3 yr 4 yr 5 yr 6 yr 7 yr 8 yr 9 yr 10 yr 11 yr 12 yr 13 yr 14 yr 15 yr 16 yr 17 yr 18 yr 19 yr 20 yr 21 yr 22 yr 23 yr 24 yr 25 yr

Sources of Funds

a Profit before taxation 19.62 17.51 18.82 19.48 19.43 19.38 18.02 19.12 19.19 19.13 19.06 18.98 18.90 18.82 18.73 18.73 18.63 18.54 18.43 18.32 18.20 18.08 17.95 17.81 17.66
interest added back 4.48 8.07 6.71 5.36 4.00 2.65 1.30 0.14 - - - - - - - - - - - - - - - - -
b Increase in long term borrowings 95.00

c Own Funds & MSME Subsidy 30.00

I Total (a+b+c+d) Rs. in lakhs 125.00 24.10 25.57 25.53 24.84 23.43 22.03 19.32 19.26 19.19 19.13 19.06 18.98 18.90 18.82 18.73 18.73 18.63 18.54 18.43 18.32 18.20 18.08 17.95 17.81 17.66
Disposition of Funds 0 yr 1 yr 2 yr 3 yr 4 yr 5 yr 6 yr 7 yr 8 yr 9 yr 10 yr 11 yr 12 yr 13 yr 14 yr 15 yr 16 yr 17 yr 18 yr 19 yr 20 yr 21 yr 22 yr 23 yr 24 yr 25 yr

d Capital Expenditure for the project 125.00

e Decrease in long term borrowings 2.38 14.25 14.25 14.25 14.25 14.25 14.25 7.13 - - - - - - -
f Interest on term loan 4.48 8.07 6.71 5.36 4.00 2.65 1.30 0.14 - - - - - - -
g Taxation 3.02 1.08 1.37 1.54 1.52 1.51 1.38 1.65 1.67 1.66 1.64 1.62 1.60 1.58 1.56 1.56 1.53 1.51 1.48 1.45 1.43 1.39 1.36 1.33 1.29
II Total (d+e+f+g) Rs. in lakhs 125.00 9.88 23.40 22.33 21.15 19.77 18.41 16.93 8.92 1.67 1.66 1.64 1.62 1.60 1.58 1.56 1.56 1.53 1.51 1.48 1.45 1.43 1.39 1.36 1.33 1.29

Opening balance of cash in hand - - 14.22 16.40 19.60 23.29 26.95 30.56 32.95 43.29 60.82 78.29 95.70 113.06 130.36 147.60 164.77 181.94 199.04 216.07 233.02 249.89 266.66 283.35 299.94 316.41
Net Surplus / Deficit (I - II) - 14.22 2.18 3.20 3.69 3.66 3.62 2.39 10.34 17.52 17.47 17.42 17.36 17.30 17.24 17.17 17.17 17.10 17.03 16.95 16.87 16.77 16.69 16.59 16.48 16.37
Closing balance of cash in hand - 14.22 16.40 19.60 23.29 26.95 30.56 32.95 43.29 60.82 78.29 95.70 113.06 130.36 147.60 164.77 181.94 199.04 216.07 233.02 249.89 266.66 283.35 299.94 316.41 332.78
IRR
19.70%
Years 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
PBT 18.817 11.668 12.976 13.640 13.589 13.535 13.021 14.117 14.195 14.127 14.056 13.981 13.901 13.817 13.729 13.729 13.635 13.535 13.430 13.319 13.202 13.078 12.947 12.808 12.661
Interest added back 4.484 8.066 6.712 5.359 4.005 2.651 1.297 0.141 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Cash Outflow -90.000 23.301 19.734 19.688 18.999 17.594 16.187 14.318 14.258 14.195 14.127 14.056 13.981 13.901 13.817 13.729 13.729 13.635 13.535 13.430 13.319 13.202 13.078 12.947 12.808 12.661

Equity IRR
49.39%
Years 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
PBT 18.817 11.668 12.976 13.640 13.589 13.535 13.021 14.117 14.195 14.127 14.056 13.981 13.901 13.817 13.729 13.729 13.635 13.535 13.430 13.319 13.202 13.078 12.947 12.808 12.661
Cash Flow -30.00 18.817 11.668 12.976 13.640 13.589 13.535 13.021 14.117 14.195 14.127 14.056 13.981 13.901 13.817 13.729 13.729 13.635 13.535 13.430 13.319 13.202 13.078 12.947 12.808 12.661

Debt Service Coverage Ratio


3.61 3.1 1.1 1.2 1.2 1.2 1.2 1.2 2.4
Year 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
PAT 15.797 10.588 11.606 12.100 12.069 12.025 11.641 12.467 12.525 12.467 12.416 12.361 12.301 12.237 12.169 12.169 12.105 12.025 11.950 11.869 11.772 11.688 11.587 11.478 11.371
Depriciation 0.800 5.840 5.840 5.840 5.840 5.840 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000 5.000
Interest on Loan 4.484 8.066 6.712 5.359 4.005 2.651 1.297 0.141 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Repayment of Loan 2.375 14.250 14.250 14.250 14.250 14.250 14.250 7.125 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
DSCR 1.6
Annexure-2:
Line Diagrams and Project Layout.
Annexure-2

DC SIDE LAYOUT

i
LT DISTRIBUTION GRID SCHEMATIC DIAGRAM

ii
OVERALL SYSTEM DIAGRAM

iii

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