3. 10 MW PV Solar Plant at Vikarabad - Pictures
India’s Power Scenario - Renewable Energy in India
National Solar Mission Target
Introduction – Group Companies
Introduction – Business Plan of MMEPL
MMEPL Solar Projects Development Plan
Project Status – JNNSM Phase II Batch 1, 1x10 MW
Project Status – AP Open Offer , 2x10 MW
Project Variables and Financials.
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8. India’s power system had an installed generating
capacity of around 3,05,017.80 MW (July 2016 Source -
CEA)
The country rich in coal The thermal power plants i.e.
coal, gas, naphtha or oil accounted for approximately
61% of total power generation capacity
Abundantly endowed with renewable energy in the form
of solar, wind, hydro and bio-energy
Renewable sources of energy account for around 15%
of the power generated.
Government of India under NSM has decided Grid
Connected Solar Power Projects to I ,00,000 MW by
the year 2021-22.
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10. 01/03/17 10
With corporate office at Hyderabad the company has
excellent infrastructure, and network of offices at all the
important ports from the eastern to the western coast of
India and abroad.
Clientage
In India - Prominent Public sector Utilities like TNEB,
KPCL, AP Genco, Nalco, WPDCL apart from major
cement industries and power producers spread
across east and west coast India
International - Peabody, Vitol, Cargill, PTT Thailand,
Noble Trading, Samtan Co. Ltd., Glencore, Awan
Trading Co., Phoenix Com Trade, Morgan Stanley,
NCC Yemen etc.
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Established in 1979 by a team of enterprising individuals
the group company is involved in Coal Trading, Processing,
Beneficiation and Logistics service provider globally.
Started as a domestic coal trader, the company transformed
into one of the leading players in the International coal
scenario.
Growing in leaps and bounds, pioneering path breaking
initiatives, the company is now one of the major coal traders
in India providing expertise, end to end solutions for
procurement, movement, handling, customs clearing,
logistics services in Coal Sector.
In 2013 -14 we imported approximately 30 Million MT of
South African origin coal and 16 Million MT of Indonesian
origin coal and carried a turnover of $ 750 Million.
12. Solar Energy Development
Maheshwari Mining and Energy Pvt. Ltd.
Coal logistics , Shipping, Beneficiation and Washery
Mandhani carriers Pvt. Ltd., India
Coal washery at Ramagundem, AP ,India (washing 1 MTPA)
Coal washery at Managuru, AP ,India (washing 1.5 MTPA)
Coal washery at Talcher, Orissa,India (washing 4 MTPA)
Coal washery at IB Valley, Orissa,India (washing 4 MTPA)
Real state
Trident Properties Ltd., India
Information Technology
MobiFusion Inc., California, USA Mobile applications
Voyzze Communications Inc, USA Télécommunications
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13. MMEPL is promoted to implement Grid connected Solar Energy
Project in India and abroad in Phases.
Long term business plan – Solar Energy
50 – 100 MW PV project development in Rajasthan - Participating in
competitive bidding process in NSM Phase II and Rajasthan Solar
Policy.
20 -50 MW PV solar project development in Andhra Pradesh under
AP State Solar Policy.
50 – 100 MW PV development in TN , MP and other states in India
under its solar policy.
Development and investment plan under options of Open Access,
Third Party Sale, REC, Captive consumption etc. – 50 – 100 MW
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14. Phase I Development Plan 2014 -16
1 x 10 MW PV Solar Project : LOI awaited under 750 MW capacity
development program of NSM Phase II Batch I VGF program.
(Petition pending at Honorable High Court New Delhi
2x10 MW PV Solar Energy Projects under Telangana State Open
Offer Solar Policy - Projects completed and connected with GRID –
132 KV S/S VIKARABAD on 31st
March, 2016
1x5 MW PV Solar Power Project : PPA and SPV Acquisition Abijit
Solar – Completion Dead Line – 31st
December, 2016
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15. MMEPL and its promoters identified broad synergies for the
interests of Chinese PV equipment suppliers and financial
institutions.
Development of Solar PV projects is the major activity
MMEPL now experienced in bidding and winning the projects,
bringing Chinese solar module at attractive cost, BOS supplies
from strong EPC company in India bringing huge economic
benefits to both parties
Based on economic viability MMEPL will participate in the
upcoming competitive bidding cycles of NSM phase II,
Rajasthan, AP, TN, MP etc. State Solar Policies and secure
additional capacity of 100 MW.
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17. Parameter Value Unit
Plant Capacity, AC 10.00 MW
Plant Capacity ,DC 11.20 MW
CUF 21 - 24.00% %
Auxiliary Consumption 0.50% %
Generation per MW (1st Yr) 20.919 Lac Units
Interest Rate for Term Loan 11.50% %
Repayment Period of Term Loan 12 Years
Tariff Per Unit (PPA period of 20 Yrs) 6. 45 INR
Tariff Per Unit (Post PPA Period) TBD INR
O&M Cost per MW 1.50% %
O&M Escalation per Year 5.00% %
Dep. rate for P&M (Co. Act) 5.28% %
Corporate Tax 32.45% %
Land Required Per MW 5 acres Acres
Land Cost Per Acre 6-7 Rs./Lacs
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18. Completed EPC Turnkey Cost –69 .6 Crores for 10 MW
Cost Over Run – 2.5 Crores due to extra
Transmission line, Excavation, Extra Hard ware
and development .
MEANS of FINANCE
Equity – 21.99 Crore
DEBT – 47.60 Crore SBI and IREDA
Project Returns (Indian Environment of high interest rates)
Equity IRR – 16.85 %
Project IRR- 13.71 %
DSCR- 1. 53
With low cost external funding i.e. Buyers Credit and
involvement of reliable module suppliers at attractive cost
the project returns will improve
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19. Tier 1 310 /315 watt PV Crystalline module with DUV
approved BOQ used
12% extra DC capacity installed for powering 10 MW AC
capacity
Single axis Trackers with DC drives installed for
additional output
RO system installed for module cleaning
SCADA and Weather monitoring on line system installed
Site having hither GHI Yearly Mean Average 5.
52KWH /M2/Day.
(+) 24 % CUF estimated.
Buyers credit facility arrangement with SBI for module
sourcing.
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20. Dust level is low
Sun angle is low
Environment temperature is low
Moisture and Humidity low.
Yearly Sun hours are more +320days
GHI and Tilt is good
Lower degradation due to favourable weather
21. Favourable Solar Policy – 2105
Thrust on Captive, Third Party sale and Open Access
development
Single window clearance
Assured Grid Connectivity and Availability
Prompt payments
20 – 25 years PPA
Investment friendly environment
Projects awarded on transparent cost competitive
bidding process
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22. In view of these synergies, MMEPL expresses keen interest to
partner with Foreign Company in the areas of Solar PV Development
in India and also in the domestic manufacture of Solar PV Value
Chain.
Bringing equity (major / minor) as investor
Implement projects through SPV
Arrangement of buyers credit (Financial closer achieved with
Buyers Credit arrangement by SBI)
Low cost debt finance
Procured in Chinese Tier 1 PV modules and inverter supplies
from Italy at attractive price
EPC turnkey service from KEC a strong transmission company
with very good financial strength and balance sheet
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23. Strong credentials- The project is technically strong,
financially viable, free from all risks, bankable, reliable
financial projections having strong credential of the
promoters and the company
Powerful management team and experienced technical
lead having life time experience in Solar Energy
Development
Expertise in finance management
Crisil BBB and A3 rating for its long term and short term
credit facilities respectively
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24. DC drives are used, the drives are powered with
uninterrupted source backed up by self supply modules -
limiting auxiliary consumption.
Linear actuators with proven time tested selected
Each row of 40 modules is driven by independent drive
The logic and schematics designed and selected by me
Tested in prototype and replicated for large scale
application
Trackers follow SUN path every 10 minutes
Economic benefits are huge compared to investment.
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26. We Envision “To be an integrated player across the Energy
Value Chain, delivering quality power at competitive cost and
creating superior value for all stake holders"
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