RENEWABLE ENERGY PROJECTS - 
A BOON TO THE RURAL

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Talk given by Sanjith Shetty at TBLI CONFERENCE ASIA 2008.

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RENEWABLE ENERGY PROJECTS - 
A BOON TO THE RURAL

  1. 2. Who are we….. <ul><li>A Bangalore, India based Renewable Energy company with a clear goal of being among nations Top 3 in this space </li></ul><ul><li>Someone who has already commissioned and is currently operating one of the largest privately owned hydro plants in south India- a 22 MW hydro power plant, which is downstream to South East Asia’s largest waterfalls </li></ul><ul><li>Someone who will commission another 15 MW hydro plant in the next 3 months and has 10 other projects in various stages of implementation </li></ul><ul><li>Someone who has working relationships with leading consultancy firms, design engineering firms, construction management firms, constructions company’s, Tax and Audit firms, Insurance advisors, CDM advisors etc </li></ul><ul><li>Someone who has and is working with leading lending institutions such as HUDCO, REC, Syndicate Bank, Axis Bank, Andhra Bank etc </li></ul>
  2. 3. Who are we….. <ul><li>Someone who has already raised two round of FDI Ist round- FE Clean Asia: Based out of Singapore is the Asian arm of a PE Fund which has similar funds in Latin America and Eastern Europe. Mitsubishi is the anchor investor along with Asian Development Bank, JBIC, Proparco, Chubu Electric etc 2nd Round- D E Shaw- Based out of New York is one the largest funds in the world with a kitty of 35 Million US$. They have over a Billion US$ invested in India already. </li></ul><ul><li>Someone who has structured a unique Captive sale arrangement with a large MNC within the provisions of The Indian Electricity Act thus increasing top line by 49% </li></ul>
  3. 4. Who are we…. <ul><li>Someone who is very active player in the Carbon Credits market- our 1st project was among the first to have qualified under UNFCCC and have since sold all CER’s from this project to Japans 2nd largest utility </li></ul><ul><li>Someone who has successfully handled acquisition of projects and revived an abandoned project </li></ul><ul><li>Someone who believes is delivering a quality product and hence has strived to build a strong Technical Advisory Board as well as full time in house team of energy professionals </li></ul>
  4. 5. <ul><ul><li>RENEWABLE ENERGY PROJECTS </li></ul></ul><ul><ul><li>A BOON TO THE RURAL LANDSCAPE </li></ul></ul>
  5. 6. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE <ul><ul><li>How can rural energy projects help in job creation, improved income and business opportunities in the countryside and help create rural wealth </li></ul></ul><ul><ul><li>Why Corporate Social Responsibility activities can be a boon to projects during implementation and not something to be looked post commercial operation of the project? </li></ul></ul>
  6. 7. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE <ul><ul><li>70% (approx 750 Million) of India lives in Rural areas </li></ul></ul><ul><ul><li>The Rural mindset- </li></ul></ul><ul><ul><li>Used to Government doing Projects & Privatisation is bad </li></ul></ul><ul><ul><li>By default we have to work in Rural India </li></ul></ul><ul><ul><li>Personally, a huge revelation </li></ul></ul>
  7. 8. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE <ul><ul><li>What we can do: </li></ul></ul><ul><ul><li>Create Jobs </li></ul></ul><ul><ul><li>Enhance Economic activity of that area </li></ul></ul><ul><ul><li>Develop skills in that region (Fabrication, Construction etc) </li></ul></ul><ul><ul><li>Bring good infrastructure to the area </li></ul></ul><ul><ul><li>Create good infrastructure </li></ul></ul><ul><ul><li>Add to the Religious (temples) & Social (Community halls, Play grounds) infrastructure </li></ul></ul><ul><ul><li>Be a catalyst to bring innovative ideas to the region (Micro Credit, Skill Development centres) </li></ul></ul>
  8. 9. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE <ul><ul><li>WHAT WE DID THROUGH AMBUTHIRTHA POWER: </li></ul></ul><ul><ul><li>Create Jobs - Gave livelihood to over 50 breadwinners who in turn collectively impact over 250 people </li></ul></ul><ul><ul><li>Enhance Economic activity of that area especially during project construction </li></ul></ul><ul><ul><li>Develop skills in that region (Fabrication, Construction etc) </li></ul></ul><ul><ul><li>Create good infrastructure for that area - Road Network </li></ul></ul><ul><ul><li>- Telecom Network </li></ul></ul><ul><ul><li>- Fuel Depots </li></ul></ul><ul><ul><li>Add to the Religious (temples) & Social (Community halls, Play grounds) infrastructure </li></ul></ul><ul><ul><li>Be a catalyst to bring innovative ideas to the region (Micro Credit, Skill Development centres) </li></ul></ul>
  9. 10. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE <ul><ul><li>But what we are really proud of : </li></ul></ul><ul><ul><li>SOHAM FOUNDATION - VIDYA VAHANA </li></ul></ul><ul><ul><li>- VIDYA GANAKA </li></ul></ul><ul><ul><li>THE “Nani” INITIATIVE </li></ul></ul>
  10. 11. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE VIDYA VAHANA
  11. 12. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE VIDYA VAHANA
  12. 13. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE VIDYA VAHANA
  13. 14. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE VIDYA GANAKA
  14. 15. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE VIDYA GANAKA
  15. 16. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE <ul><ul><li>“ Sunkudamane Electrification”- a NANI Initiative </li></ul></ul><ul><ul><li>A tiny hamlet of 35 households </li></ul></ul><ul><ul><li>So remote that this area has no lights for years and did not figure in </li></ul></ul><ul><ul><li> the Next 5 year State Electrification Plan </li></ul></ul><ul><ul><li>N.K. Narayan (GM-Projects) popularly known as Nani saw the plight </li></ul></ul><ul><ul><li>first hand </li></ul></ul><ul><ul><li>He identified a Ministry of Non Conventional Energy Sources (MNES) Program- </li></ul></ul><ul><ul><li>Remote Village Electrification Program (RVEP) </li></ul></ul><ul><ul><li>This programs aim is to bring solar lighting to those areas where conventional lighting will not come up in the next 5 years </li></ul></ul><ul><ul><li>He single handedly liaised with the Government for 2 years and with the company backing him this hamlet had electricity for the first time in its history in 2007 </li></ul></ul>
  16. 17. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE <ul><ul><li>“ Sunkudamane Electrification”- a NANI Initiative </li></ul></ul><ul><ul><li>A tiny hamlet of 150 people </li></ul></ul><ul><ul><li>So remote that this area has no lights for years and did not figure in the Next 5 year State Electrification Plan </li></ul></ul><ul><ul><li>N.K. Narayan (GM-Projects) popularly known as Nani saw the plight first hand </li></ul></ul><ul><ul><li>He identified a Ministry of Non Conventional Energy Sources (MNES) Program- Remote Village Electrification Program (RVEP) </li></ul></ul><ul><ul><li>This programs aim is to bring solar lighting to those areas where conventional lighting will not come up in the next 5 years </li></ul></ul><ul><ul><li>He single handedly liaised with the Government for 2 years and with the company backing him this hamlet had electricity for the first time in its history in 2007 </li></ul></ul>
  17. 18. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE <ul><ul><li>What is in the Pipeline: </li></ul></ul><ul><ul><li>Adopting Village Schools </li></ul></ul><ul><ul><li>Deploying Mobile Health Centres </li></ul></ul><ul><ul><li>Setting up of Skill Development Centres </li></ul></ul><ul><ul><li>Creating a Transportation Service for Aids Infected Children </li></ul></ul><ul><ul><li>Expanding the reach for Micro Credit in our project areas </li></ul></ul>
  18. 19. RENEWABLE ENERGY PROJECTS- A BOON TO THE RURAL LANDSCAPE <ul><ul><li>Why doing all of this makes Business Sense and should be done while setting up </li></ul></ul><ul><ul><li>the project and not, after: </li></ul></ul><ul><ul><li>Great “feel good” factor </li></ul></ul><ul><ul><li>Great employee motivation tool </li></ul></ul><ul><ul><li>Great Employee retention tool </li></ul></ul><ul><ul><li>Loads of benefits when local stakeholder supports you </li></ul></ul><ul><ul><li>The Government too recognises this and supports various aspects of the project </li></ul></ul><ul><ul><li>But there is the “RIGHT” way of doing it </li></ul></ul>
  19. 20. The Promoters: <ul><li>K. Sadananda Shetty </li></ul><ul><ul><li>Ex Chairman of Vijaya Bank </li></ul></ul><ul><ul><li>Served on Board of Air India, </li></ul></ul><ul><ul><li>Was Vice Chairman of Indian Banks Association </li></ul></ul><ul><ul><li>Currently is President of Renewable Energy Developers Association of Karnataka </li></ul></ul><ul><li>Sanjith S. Shetty </li></ul><ul><ul><li>An Engineer and Class Valedictorian from The Fuqua School of Business, Duke University, USA </li></ul></ul><ul><ul><li>A Serial Entrepreneur in field of Manufacture of Alcoholic Beverages, IT Education etc. </li></ul></ul><ul><ul><li>Currently serving on the FICCI’s National Power Committee </li></ul></ul>
  20. 21. The Key Team Today : <ul><li>M. Balachandran : Has over 40 years of core Banking Sector experience </li></ul><ul><li>KGV Murthy- Over 40 years experience in Indian & International projects and Hydro Power companies such as Jaiprakash etc. </li></ul><ul><li>B. P. Ramesh- Over 20 years of energy experience with Industry majors such as Tata’s, Wapcos, Bhoruka etc </li></ul><ul><li>A Y Shivashankar- Over 30 years of civil engineering experience from KPCL (one of the nations largest power utilities </li></ul><ul><li>Lt Col. M Sreekumar - Army veteran with a decade of HR expertise </li></ul><ul><li>N K Narayana- Over 17 years of Corporate PR experience </li></ul><ul><li>Amrthesh Ariga- Over 15 years of Operating and Maintaining power plants </li></ul>
  21. 22. The Technical Advisory Board : <ul><li>Technical Advisory Board consists of </li></ul><ul><ul><li>Dr. Y. K. Murthy , known popularly as the “Father of Indian Dams” </li></ul></ul><ul><ul><li>Mr. A. N. Singh , Former Chairman Central Electricity Authority. </li></ul></ul><ul><ul><li>Mr. R. V. Chalapathy Rao , Former Dy. Director General, Geological Survey of India. </li></ul></ul><ul><ul><li>Mr. K. S. Krishnamurthy, Former Director (Selection Grade), Geological Survey of India, Govt. of India. </li></ul></ul><ul><ul><li>Mr. J.Philomen Raj, Former Chief Engineer, Karnataka Electricity Board </li></ul></ul>
  22. 23. Operating Projects : <ul><ul><ul><ul><ul><li>Mahatma Gandhi Tail Race Scheme : </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>A 22 MW hydro project downstream to South East Asia’s largest waterfalls </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Has all large hydro features such as 25m high 130m long dam, 3 km long tunnel, 40m deep Surge Shaft, Inclines Steel lines Pressure Shaft at 55 degrees to ground, Power House, Transmission lines etc </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Zero displacement of people </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Minimal requirement of Forest land </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>One of the highest PLF’s in South India </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Power being sold via unique Captive sale arrangement to large MNC </li></ul></ul></ul></ul></ul><ul><ul><ul><ul><ul><li>Project registered under United Nations for CER’s and being sold to Japans 2nd largest utility, Chubu Electric </li></ul></ul></ul></ul></ul>
  23. 24. Projects Under Construction : <ul><li>Manapitlu Mini Hydel Scheme : </li></ul><ul><ul><li>A 15 MW hydro project </li></ul></ul><ul><ul><li>Will be commissioned by July 2008 </li></ul></ul><ul><ul><li>Has all structures such as Intake structure, Dam, RCC water conductor system, Power House, Pooling station, Transmission lines etc </li></ul></ul><ul><ul><li>Minimal displacement of people </li></ul></ul><ul><ul><li>Minimal requirement of Forest land </li></ul></ul><ul><ul><li>Process for registering under United Nations for CER’s already begun </li></ul></ul>
  24. 25. Projects Under Implementation: <ul><li>Mahadevapura Hydro Electric Project (HEP) </li></ul><ul><li>Mulibettu Hydro Electric Project (HEP) </li></ul><ul><li>Kolavuru Hydro Electric Project (HEP) </li></ul><ul><li>Kilanjara Hydro Electric Project (HEP) </li></ul><ul><li>Hosangadi Hydro Electric Project (HEP) </li></ul><ul><li>Nekkiladi Hydro Electric Project (HEP) </li></ul><ul><li>Devaragadde Hydro Electric Project (HEP) </li></ul><ul><li>Talakallale Hydro Electric Project (HEP) </li></ul><ul><li>Sampladi Hydro Electric Project (HEP) </li></ul><ul><li>Kadavinakatte Hydro Electric Project (HEP) </li></ul>
  25. 26. OUR VALUES
  26. 31. THANK YOU

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