Solar Panel

1. Olive County Apartment Owners Association
Solar Power Project
“For Residents, By Residents, Always”
Presented by:
Prabhat Vyas
1

2. AGENDA
• Some Important Details
• Concept
• Scope of the Work
• Resource Requirement
• Place Requirement
• Time of Service
• Discussion/Feedback
2
Solar Power Project

3. 3
Project Name Solar Power Project
“For Olive Residents, By Olive Residents, Always”
Inaugurated By Respected Senior Citizens and Children
Initiated and Developed By Voluntary Team & Olive Residents
Committee Members Sh Sanjay Chakravarti
Sh KVS Tyagi
Sh Rajesh Babu
Sh Prabhat Vyas
No of Meetings 10
No of Vendors Discussed Aegis Power Solutions
Telios Power
Somaya Solar Power Solutions
Mysun ,The Power Company
Solar Power Project

4. 4
Total Area for Project 16 Tower + Commercial Building
Total Power Sanctioned by Elect Dept 3.688 MW
Total Power Generated by Solar Project 500 KW to 700 KW
Installation Cost Per KW 52-55,000 Per KW
Total Cost of the Project Rs 2.62- Rs 3.00 Cr(For 500 KW)
Total Life of the Project 25 Years
Subsidy from Government Not Finalized by Govt
Project Finance 1. Thru Bank(8-10% Per Annum)
2. Internal Resource
3. Company Install Project and Sale
Electricity to Society(At Subsided
Rate)
Solar Power Project

5. 5
Cost of Electricity(Solar Panel) Rs 2.5/- Per Unit
Cost of Electricity(Elect Dept) Rs 8.5/- Per Unit
Return on Investment 4-5 Year
Total Time of Project Completion 10-12 Month(After Approval)
Method of Solar Metering:  Net Metering(ON Grid)
 Direct Consumption(OFF Grid)
Benefit to the Society 1. Annually Approx 7,20,000 Unit (Rs 60
Lac) will be Generated
2. After five Years(ROI),60 Lac per Annum
will be Income of Society
3. Maintenance will be Reduced Approx 20 -
25 % or as Residents Desires for utilization
of this Amount.
Solar Power Project

6. 6
Plan for Implementation: Method:1
Complete Project implementation based
on the Phases(6 Phases)
Method 2 :
•Pilot Project in Two Tower
•After Performance ,will be Implemented
in Whole Society
Process of Implementation 1. Supplier will give Solar Presentation
to Residents
2. RWA Will Discuss methodology of
Implementation with Resident
Solar Power Project

7. 7
Place Requirement:
 Could Work in same Place Along with Dispensary available in B3 Tower.
Time of Service:
 8.00 AM to 5.00 PM, Later Time may be changed as per the Convenience of
Residents
Solar Power Project

8. 8

9. 9

10. Discussion/Feedback
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Solar Power Project