Marg Energy is a 360 degree renewable energy solutions provider based in Bangalore, India. They specialize in utility-scale solar projects, rooftop solar, and other renewable energy generation sources. Marg is proposing to develop a 50-100 MW solar park in Karnataka to supply power to commercial and industrial customers through third-party power purchase agreements. The key aspects of the proposal are selecting a 500-acre land parcel for the solar park, facilitating agreements between developers and customers, and managing development, construction, and long-term operation of the solar project. Marg believes Karnataka is well-suited for this project due to its strong solar resources, supportive policies, and large commercial/industrial customer base seeking renewable energy.

1. SOLAR PARK
OPEN ACCESS

2. ABOUT MARG
About Marg Energy Solutions:
Marg Energy is a 360o Solution Provider with expertise in all aspects of Project Consultancy, Pre-
feasibility analysis, Detailed Project Report, Financial Advisory Services, Arranging Debt & Equity,
Statutory and Non-statutory clearances and liaisoning with Electricity Board & other Government
Bodies, Site Supervision during construction, Consultancy for Carbon Solutions and REC mechanism
of Utility scaled projects, Rooftop/Off- grid Solar Photovoltaic Solar Power Projects
Marg is focused on bringing the best green energy technologies available in the world, for its varied
projects – with the intent to reduce carbon footprint and create sustainable energy solutions. Marg’s
core areas of technology partnering are as diverse as the solutions themselves; and each solution is
specifically tailored to address a ‘best fit’ situation.
• Solar Energy Generation
• Wind Energy Generation
• Solar-Wind (Hybrid) Energy Generation
• Waste to Energy
• Biomass & Bio-Fuel & Biogas
• Energy Conservation
• Other RE Generation

3. Marg Solar Verticals
Utility Scale PV Solar
Plants
Grid interactive MW size
single site installation
Project Initiation to
Commissioning Approach
Rooftop Solar PV
On Grid/Off grid KW Size
Installations
Educational Institutions /
Petrol Pumps/Industries/
Warehouses/Factories/
Residential Applications
Bleeding Edge Technologies
and monitoring tools
Captive Solar Plants
On grid/off grid KW/MW
size installation
Suitable for Large industries/
factories/Educational
Institutions etc.
Reliable Technology

4. Expertise across the value chain with it’s core DNA of turnkey solutions
Engineering
• Highest Engineering
standard
• Adoption of Best-­‐‑in-­‐‑
Class technologies &
practices.
• Technology
innovation.
• Optimization of
designs to get lowest
LCOE & higher ROI.
• Bleeding edge
software'ʹs
• Site selection &
assessment.
• Expertise &
Experience in-­‐‑house.
Procurement
• Strategic Long term
partnerships with
domestic & global
manufacturers.
• Access to world class
technologies.
• JIT techniques for
optimization of
project resources.
Construction
• Project responsibility.
• On time project
completion within
budget.
• High performance.
• Expertise in planning
& project
management.
• Highest standard of
safety.
• High quality
deliverables.
O & M
• Stable performance
maintained during
operation.
• Remote monitoring.
• Dependability on
automated processes.
Project
Development
Project
Finance
Engineering
Procurement
Construction
O & M

5. THE PROJECT IDEA & APPROACH
v Marg’s plan is to install, execute and commission a Utility scale PV Solar power
plant in Karnataka on the basis of Open Access policy. Size can be anywhere
between 50-100 MW.
v Consumers of Power on 3rd party PPA – Commercial consumers, Industrial HT
users etc.
v Available land bank – 500 Acres.
v To be developed as a solar park for Open access consumers.
v Marg to facilitate the process of getting 3rd party PPA’s signed between
Developers and consumers.
Ø Approach:
ü Identify Potential consumers in Karnataka.
ü Invite potential developers/investors.
ü Land bank has been already identified.
ü Executing All Statutory and regulatory approvals.
ü Execute PPA’s.

6. WHY KARNATAKA?
q Huge consumer base having contract demand of >=1 MW of electricity.
q Consumers need to meet their RPO mandate.
q Karnataka has implemented various measures to promote solar energy.
q For industrial and commercial consumers, solar power can help in
mitigating the impact of future increases in their tariff.
q Consumers can avail solar energy at a lower cost.
q High average DNI of 5.80 across Karnataka.
q GoK contemplates to facilitate deemed conversion of land for solar
projects
REDUCE
YOUR
ENERGY
BILL
FOR SURE

7. WHY KARNATAKA?

8. Comparison with other SI states on OA

9. WHY KARNATAKA?

10. SOLAR ENERGY THROUGH OPEN ACCESS
INTRODUCTION
TO OPEN ACCESS
MARG A SOLAR
POWER UTILITY
COMPANY
Reduced per unit
cost of electricity
compared to your
current bill
No CAPEX
investment
required by
consumer
Long term PPA
with 100%
Assurance
Clean and green
energy

11. DISTRIBUTION SYSTEM

12. Proposed Site for the Solar Park
• More than 500 Acres of land with clear titles.
• The Solar Park is proposed to be located in Village – Muragod, Taluk – Saundatti, Dist – Belgaum.
• Nearest Town – Soundatti (5 Kms), Nearest NH – NH 4 (10 Kms), Nearest Railway Station – Belgaum (12 Kms).
• Average DNI – 5.31.
• Nearest Sub Station – Saundatti Station (110/33/11 KV). Distance – 6 Kms.
• Land Acquisition options: Complete buyout/ Lease of 30 years / Joint Development.

13. Statutory, Regulatory Approvals and fees
• Application to the Nodal Agency for 3rd party sale of power.
• Approval from Nodal Agency.
• Approval from the SLDC for power evacuation injection.
• Fees:
o Application fees per Project – Rs. 10,000.
o Facilitation fee per MW – Rs. 25,000.
o Performance Gaurantee/Bid security per MW – Rs. 5,00,000.
o * Net worth to be shown per MW– Rs. 2,00,00,000.
o Other incidental fees/charges – Rs. 20,000 / MW.

14. TERMS & CONDITIONS – SOLAR POWER OFFER TO CONSUMERS
u PPA Tariff rate Rs. 5.80 - Rs. 6.50. (Subject to the category of consumer).
u Period of PPA – 20 Years with lock in period of 15 years.
u PPA’s to be protected against a payment security mechanism.
u Supply under long term Open Access.
u Billing point will be Ex Bus solar plant.
u Consumer needs to bear charges like open access charges, SLDC Charges,
Application fee etc.
u Open access to be taken by solar developer.
u Commencement of power within 12 months from PPA execution.
u Termination of PPA by either party within lock-in period to invite termination
penalty equal to 12 months of revenue from the project and any damages
awarded under arbitration.
u The Ex Bus price of power to be escalated accordingly as per DISCOM/KEB
Escalation. This will include dedicated transmission losses.
u This offer can be improved and customized to cater to further cater to your
needs.
u We are looking at a win-win proposition.
• * This offer is only indicative and is subject to further discussion.

15. Total Project Cost and Financial Ratios
• Model 1 (Developer Centric).
Ø Total Project Cost (100 MW) : INR 550 Cr.
Ø Tariff = INR. 5.50
Ø Total revenue per annum = INR. 90.75 Cr.
Ø Payback Period = 5 years.
Ø Equity IRR = 22.6%
Ø Project IRR = 18.5%
** In this model Marg executes the project. The investor is also the developer and signs the 3rd party PPAs.
• Model 2 (Joint participation based on share holding – XYZ Company jointly).
Ø Initial seed capital to develop the project = Rs. 25-50 Cr.
Ø The XYZ company develops the Solar park and sells it to developers. The PPA is signed between the
consumers and developers.
Ø Operations and maintenance in the scope of XYZ company.
Ø Per annum Revenue from selling the SP in 2 phases = 300 Cr.
Ø O & M Revenues per annum = INR 10 Cr.

16. SCOPE -­‐‑MARG
² Identify potential consumers and facilitating the whole process of
executing the PPA’s between developers and consumers.
² Land procurement / leasing.
² Execution of all statutory and regulatory approvals.
² Design , Install , Commission , Supply , Operate and Maintain the
ground mounted utility scale solar park. (Development of land, EPC &
Plant O&M).
² Laisoning work of OA solar power consumer
² Intimation and approvals from all concerned departments and DISCOM.
² Supply and Installation of ABT Meter and CT/PT.
² Monthly bill settlement with state DISCOM.

17. WAY FORWARD
• What Next?
o Get a proposal from Marg.
o EOI & MoU with Marg.
o Sign 3rd party PPA (Power Purchase Agreement) with MARG’s Consumers.
o Own the Solar projects/Solar park.

18. MARG ENERGY SOLUTIONS
#2702, Nandi Enclave, BSK 3rd Stage, Bangalore - 85
Contact:
RANBIR GHOSH
MD
Ranbir.ghosh@gmail.com
+919845143753

19. Thank You