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Gujrat solar park


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Gujrat solar park

  1. 1.    Gujarat is rich in renewable energy resources – 300 days of sunshine, Rann of Kachchh where the land is endless and the sun’s heat relentless. There is a vast scope for energy plantation in its vast wastelands. GEDA (Gujarat Energy Development Agency), one of the premier organizations has played a pioneering role in the development of a long-term renewable policy and implementing of sustainable energy programmes across the state. There is a need to reposition renewable not as alternatives out to oust/replace conventional energy sources, but to stress their potential as sustainable sources of energy.
  2. 2. Investment Cost In INR Million
  3. 3. Foreign Exchange (702.46) Contingencies Local Currency (250.31) In INR Million Total Cost (952.77)
  4. 4.     ASSESSMENTS:Maintained records of fixed assets with yearly physical inspections. Adequate internal controls including outsourcing the function of Internal audit to firm Adequate internal controls including outsourcing the function of Internal audit to firm  Training of staff was considered necessary for proper  financial management and implementation of the project
  5. 5.  ACCOUNTING GSP maintained separate project accounts and records by funding source for all expenditure incurred on the project. Project accounts followed & practiced international accounting principles or those prescribed by the government's accounting laws and regulations
  6. 6.    ECONOMIC RATIONALE The Asian Development Bank supported GSP to successfully address issues related to market failure Market failure is evident for solar generation when compared to conventional generation, because of: High cost of several features   High initial investment required  Lack of trained human resources   High risk associated with large scale production Under developed supply chain The govt. taken a longer term view and lowered transaction costs associated with solar generation and leveraged economies of scale to reduce cost of the project
  7. 7.     The project alternatives considered are based on what would have taken place in Gujarat electricity generation without the project The without-project scenarios means the least-cost mutually exclusive alternative of producing the same amount of electricity, i.e., 800 (mkWh) per annum The least-cost alternative to producing relatively expensive solar-generated power is washed local coal-generated power A coal plant with capacity of 140 MV can produce the same amount of electricity(800mkWh) as GSP with capacity of 500 MV, annually over a 25 yr period
  8. 8.      Consumer benefits (81%) Local environment benefits(16%) Clean Development benefits(3%) IRR = 13.4% NPV = 65997.49
  9. 9.  GSP does not generate adequate economic benefits to justify the costs in absence of additional regulatory measures & current technology. Also the incorporation of local environment benefits (and CDM benefits) does not make a big difference. However, the solar certificate in India adds additional costs to alternatives such as coal power, when the minimum solar generation is not complied with. Once this additional cost is incorporated into the analysis, solar power provides adequate benefits to justify the costs.
  10. 10. • • • A socioeconomic and poverty assessment was carried out in communities along the transmission lines and in the vicinity of the proposed solar park. To alleviate some of the challenges and constraints that perpetrate poverty and social exclusion in the area, the project incorporates a selected number of value added interventions designed to enhance and meet a range of varied basic but specific needs across targeted populations in the project area. Interventions combine project-specific outcomes (e.g., local jobs) with associated outputs conceived specifically to complement and support the loan.
  11. 11.    All interventions are gender inclusive and aim to promote gender equality through the empowerment of women in decision-making roles and by enabling them to actively participate in employment, skills training (education), and energy-based alternative livelihoods. Prepared for the project; notes that the project will contribute to poverty reduction locally and in the region through. Provision of livelihood energy-based skills training for up to 100 poor women in target areas in the project area of influence;
  12. 12.     The creation of temporary and permanent jobs; Public and private sector economic investment and growth; Improvements to local basic infrastructure, including roads, sanitation, and water supplies; Provision of skilled and unskilled employment
  13. 13. • •  The generation of a significant number of local jobs requiring different skill sets; they will have a direct socioeconomic impact on host communities and contribute to improved livelihoods; Provision of skilled vocational training to local people (30% women) to fill the labor demands created from the development of the solar park and transmission project;
  14. 14.  The project activities during construction phase will involve clearing of trees along the route alignment wherever required, excavation for installation of towers, erection of towers, civil works related to transmission line and line stringing.
  15. 15.   IMPACT ON  Impact on Air Quality  Impact on Noise Levels  Impact on surface Water Quality  Impact on ground Water Quality  Impact on Soils and Geology  IMPACT  Wild Life  Aquatic Ecology ON ENVIRONMENTAL ECOLOGICAL RESOURCES RESOURCES
  16. 16.  IMPACT ON HUMAN ENVIRONMENT  Health and Safety  Agriculture  Resettlement and Rehabilitation  Traffic and Transport  Interference with other utilizes and traffic
  17. 17.   IMPACT ON PHYSICAL RESOURCES:  Impact on Topography  Impact on Climate  IMPACT ON ENVIRONMENTAL RESOURCES:  Impact on Air Quality  Impact on Noise Levels  Impact on Surface Water Quality  Impact on Soil and Geology
  18. 18.   Shock  Noise Generation  Maintenance of Transmission Line and Substation  Oil Spillage
  19. 19. THANK YOU