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![PROJECT
Department of Business Administration
PROFESOR I. LINDE
Solar Photovoltaic
Power plant in India
[Roof Top System]
SAINATH BALASANI 11 APRIL 2016 PROJECT MANAGMENT](https://image.slidesharecdn.com/projectsolar-170310225212/85/Project-solar-1-320.jpg)
![Alternative A
PROJECTTEAM
PROJECT TASKS
HOUR
of
Work/
Month
Salary
Covered
Total
Social
Tax
VAT
Total
(Tax+VAT)
Project Manager 0.78 $900.00 $702.00
Assistant Project
Manager
0.45 $650.00 $292.50
Project Designer 0.24 $80.00 $19.20
Architecture 0.10 $200.00 $20.00
Concept Narrator 0.48 $200.00 $96.00
Subtotal $1 129.70 $272.14 $857.56
DEVELOPMENTELECTRICALTEAM
Maintenance Electrical
Engineer
0.96 $800.00 $768.00
Supervisor 0.82 $650.00 $533.00
Technicians 1[Electrical] 0.48 $450.00 $216.00
Technicians 2[Electrical] 0.65 $450.00 $292.50
Skilled labor 1 0.86 $200.00 $172.00
Skilled labor 2 0.62 $200.00 $124.00
Subtotal $2 105.50 $507.21 $1 598.29
DEVEMECHANICALTEAM
Maintenance
Mechanical Engineer
0.48 $800.00 $384.00
Supervisor 0.78 $650.00 $507.00
Technicians
1[Mechanical]
0.58 $450.00 $261.00
Skilled labor 1 0.86 $450.00 $387.00
Skilled labor 2 0.62 $200.00 $124.00
Subtotal $1 663.00 $400.62 $1 262.38
0.21
PROJECTINSTALATION
Testing team 0.16 $300.00 $48.00 $10.08 $37.92
End User 0.14 $250.00 $35.00 $7.35 $27.65
Management 0.46 $800.00 $368.00 $77.28 $290.72
Compatibility Test 0.28 $450.00 $126.00 $26.46 $99.54
Subtotal $577.00 $121.17 $455.83
UTILITIES
Office Rent 0.99 $300.00 $297.00 $62.37 $234.63
Telecom Charges 0.99 $100.00 $99.00 $20.79 $78.21
Electricity 0.99 $120.00 $118.80 $24.95 $93.85
Transport 0.99 $350.00 $346.50 $72.77 $273.74
Stationery 0.99 $80.00 $79.20 $16.63 $62.57
Subtotal $940.50 $197.51 $743.00
TOTAL
Total Salary $4 898.20 Incl. VAT $3 718.22
Management
Implementation $577.00 $455.83
Total office Cost $940.50 $743.00
TOTAL EXPENDITURE $4 917.05](https://image.slidesharecdn.com/projectsolar-170310225212/85/Project-solar-14-320.jpg)
![Alternative B
PROJECTTEAM
PROJECT TASKS
HOUR of
Work/
Month
Salary
Covered
Total
Social
Tax
VAT
Total
(Tax+VAT)
Project Manager 0.78 $900.00 $702.00
Assistant Project
Manager
0.45 $650.00 $292.50
Project Designer 0.24 $80.00 $19.20
Architecture 0.10 $200.00 $20.00
Concept Narrator 0.48 $200.00 $96.00
Subtotal $1 129.70 $272.14 $857.56
DEVEELECTRICALTEAM
Maintenance Electr
Engineer 0.96 $900.00 $864.00
Supervisor 1.00 $650.00 $650.00
Technicians
1[Electrical]
0.48 $450.00 $216.00
Technicians
2[Electrical]
0.65 $450.00 $292.50
Skilled labor 1 1.00 $200.00 $200.00
Skilled Labor 2 1.00 $200.00 $200.00
Subtotal $2 422.50 $583.58 $1 838.92
DEVELOPMENTMECHTEAM
Maintenance Mechanical
Engineer 0.82 $900.00 $738.00
Supervisor 0.78 $650.00 $507.00
Technicians
1[Mechanical]
0.58 $650.00 $377.00
Skilled labor 1 1.00 $850.00 $850.00
Skilled labor 2 1.00 $460.00 $460.00
Subtotal $2 932.00 $706.32 $2 225.68
0.21
PROJECTINSTALLATION
Testing Team 0.18 $300.00 $54.00 $11.34 $42.66
End User 0.22 $250.00 $55.00 $11.55 $43.45
Management 0.46 $800.00 $368.00 $77.28 $290.72
Compatibility Test 0.28 $450.00 $126.00 $26.46 $99.54
Inverter Fitter 0.20 $200.00 $40.00
Subtotal $643.00 $126.63 $476.37
UTILITIES
Office Rent 0.98 $300.00 $294.00 $61.74 $232.26
Telecom Charges 0.98 $100.00 $98.00 $20.58 $77.42
Electricity 0.98 $120.00 $117.60 $24.70 $92.90
Transport 0.98 $350.00 $343.00 $72.03 $270.97
Stationery 0.98 $80.00 $78.40 $16.46 $61.94
Subtotal $931.00 $195.51 $735.49
TOTAL
Total Salary $7 415.20 $4 922.16
Client
Implementation $643.00 $476.37
Total Cost $931.00 $735.49
TOTAL EXPENDITURE $6 134.02](https://image.slidesharecdn.com/projectsolar-170310225212/85/Project-solar-18-320.jpg)
![SCALE OF MEASURING RISK ANALYSIS
SCALE LOW
0-5
MODERATE
6-10
SIGNIFICANT
11-15
HIGH
16-20
FANACIAL RISK TECHINICAL RISK SOCIAL RISK MEASURE OF RISK
ALTERNATIVE A 3.5 3 1 7.5
ALTERNATIVE B 4.5 4 1 9.5
DEGREE OF RISK
Alternative B Comparatively is economically riskier than Alternative A however, the concept is likely
agreeable from the partner which has a huge hope and guarantee on return. However, the possibility of
rejection of the Alternative A as the degree of risk is similar but the scope doesn’t defend the investor.
PROJECT DESCRIPTION
Title
SOLAR PHOTOVOLTAIC POWER PALNT [ROOF TOP SYSTEM]
Project
B
Main problem
As electricity demand escalated, with supply depending largely on fossil fuels plus some hydro power and
then nuclear energy, concerns arose about carbon dioxide emissions contributing to possible global warming.
Attention again turned to the huge sources of energy surging around us in nature – sun, wind, and seas in
particular. There was never any doubt about the magnitude of these, the challenge was always in harnessing
them.
Today we are well advanced in meeting that challenge. Wind turbines have developed greatly in recent
decades, solar photovoltaic technology is much more efficient, and there are improved prospects of
harnessing tides and waves. Solar thermal technologies in particular (with some heat storage) have great
potential in sunny climates. With government encouragement to utilize wind and solar technologies, their
costs have come down and are now in the same league as the increased costs of fossil fuel technologies due
to likely carbon emission charges on electricity generation from them.
The goal of solving the problem
Utilizing electricity from solar and wind in a grid requires some back-up generating capacity due to their
intermittent nature. Policy settings to support renewables are also generally required to confer priority in
grid systems and also subsidies them, and some 50 countries have these.
1. Utilizing solar and wind-generated electricity in a stand-alone system requires corresponding
battery or other storage capacity.
2. The possibility of large-scale use of hydrogen in the future as a transport fuel increases the
potential for both renewables and base-load electricity supply.](https://image.slidesharecdn.com/projectsolar-170310225212/85/Project-solar-23-320.jpg)
![REFERENCES
1. [Source: Boundless. “Environmental Problems Associated with Fossil Fuel Use.” Boundless
Chemistry. Boundless, 21 Jul. 2015. Retrieved 01 Apr. 2016 from
https://www.boundless.com/chemistry/textbooks/boundless-chemistry-
textbook/thermochemistry-6/energy-use-and-the-environment-62/environmental-
problems-associated-with-fossil-fuel-use-291-1025/]
2. Project Management tenth Edition , A System Approach to Planning, Scheduling and
controlling, Herald Kerzner .
3. www.slideshare.net
4. www.electronicsb2b.com
5. “India Solar Compass-January 2014”, journal published on India Solar Market by Bridge to
India-www.bridgetoindia.com.
6. “Development of Financial Model of Bankable Feasibility Analysis of a 1MW Rooftop Solar
PV Project in India”- a project report by Abhishek Chaudary-under NPTI (National Power
Training Institute)-for LAHMEYER INTERNATIONAL.](https://image.slidesharecdn.com/projectsolar-170310225212/85/Project-solar-26-320.jpg)
More Related Content
Project solar
- 1. PROJECT Department of BusinessAdministration PROFESOR I. LINDE Solar Photovoltaic Power plant in India [Roof Top System] SAINATH BALASANI 11 APRIL 2016 PROJECT MANAGMENT
- 2. INTRODUCTION: The basic ideais to initiate and develop this project is mainly based on the energy consumption of India is now soaring and may face severe electricity shortages in the near future. India needs a sustained growth rate of 9 to 10% over the next twenty years to meet its growth objectives. This implies that it will need to increase its primary energy supply buy a factor of three to four and to the electricity generation by a factor of five to six .India receives nearly 300-330 days of solar energy and there is a large potential available for generating solar power using unutilized space on rooftops of individual houses , industrial buildings ,commercial buildings, educational institutes or any other type of buildings can be used to moderately fulfill the requirement of the building occupants and excess , if any , can be fed into the grid . So the best suitable long term design solution for India would be highly distributed set of individual rooftop power generation systems connected through a local grid. In grid interactive rooftop solar PV power systems, the DC power generated from solar panel is converted to AC power using power conditioning unit and is fed to the grid .The generated power during the day time can be utilized fully by powering locked up many and excess can be fed to the grid as long as grid is available .In case, were Solar Power is not sufficient due to cloud cover or during the cloudy hours, the captive loads are served by drawing power from the grid. The grid interactive rooftop solar system can work on net metering basis where in the beneficiary pays to the utility on net meter reading basis only. The main objective of present paper is to present the financial analysis of 100 KW rooftop solar PV power systems for both with and without battery support. The sensitivity analysis of the various cost elements have been studied and identified to look in for future reduction .The results were presented and the conclusions were drawn.
- 3. PROJECT SCOPE The ideaof the project describes the solar PV system. This project involves by means of the enclosed specification, design, manufacture, supply, installation, commissioning of the solar PV systems with 5 years warranty period. From the business point of view the project is more useful for human kind in many ways .In developing countries the power shortages are more. By using off-grid rooftop system the customer can have the following advantages. Have access to power continuously all the time. Not having any scheduled or unscheduled power cuts. No dependency on fossil fuels. The quality of this power is superior to the regular grid power. Investment against increasing fuel and grid charges. Mankind has been crazy to have not bothered to harness the sun's energy until now. Think about this. Going outside on a sunny day. The light falling on your face left the Sun just 8 minutes go. In that 8 minutes it traveled 93 million miles. Those photons are hauling and when they strike your PV module you can convert that motion to electricity. As technology, photovoltaic are not as glitzy as that new sport utility vehicle the television tells us to crave. But in many ways PV is a much more elegant and sophisticated technology. SCOPE OF WORK & WARRANTY The Scope of project shall include the following, Design, manufacture, supply of Solar PV System. Detailed planning of smooth execution of the project. Testing, Installation & Commissioning of the complete system. Warranty of the system for 1 year faultless operation. After sales service, directly or through local contractual arrangement.
- 4. Risk liabilityof all personnel associated with implementation and realization of the project. Assumption of the Proposal The design is proposed on the basis of clear space on roof available at site as per design. The power conditioning unit and distribution boards shall be housed inside the room or canopy provided by customer. Our scope shall be limited up to inverter and AC Distribution Board output on the rooftop canopy. All AC cabling up to the load shall not be in our scope. Customer to provide shadow free area @ 125 sqft / kWp of solar array. Warranty 1 year faultless operation of the system The Inverters offered come with a 3 year factory warranty. All other parts (Electrical only) & Battery will come with a 1 year warranty The warranty for modules will be as follows: 90% performance warranty for first 10 years and 80% after that upto 25 Years to 5 years mechanical warranty PROBLEM ANALYSIS From an environmental perspective, solar power is the best thing going. A 1.5 kilowatt PV system will keep more than 110,000 pounds of carbon dioxide, the chief greenhouse gas, out of the atmosphere over the next 25 years. The same solar system will also prevent the need to burn 60,000 pounds of coal. With solar, there's no acid rain, no urban smog, no pollution of any kind. Here the below picture shows the consumption of the electricity in ages and in future how the renewable and non-renewable resources are used in India. The project initiate is a new entrepreneurial idea that requires additional care each and every step of the project development. Therefore, there are few factors need to be looked out on the development and implementation.
- 5. In this projectI designed the solar power panel roof module for two alternatives one is for the residential and the commercial with battery and without battery. Today’s solar panels are bombproof and often come with a 25 year warranty or more. The solar panels may outlive you. They are also modular—one can start with a small system and expand it over time. Solar panels are light (weighing about 20 pounds), so if one move one can take the system with you. SOLAR POWER AS A SUSTAINABLE SOLUTION Solar panels collect sunlight and convert it into electricity. Solar power is a green energy resource which means that it has no harmful impact on the environment, and the potential to generate energy is unlimited. Solar power is sustainable, renewable and it does not release carbon dioxide or any other toxics into the air, which means that solar power does not contribute to global warming. Other benefits of using solar power include the fact that solar power supports local employment and creates wealth in the region. Solar power does not have any major ongoing costs - once it has been installed almost no recurring costs exist. In the table below, one can see the differences between solar power and fossil fuels. Based on the comparison it is obvious that solar power offers a great alternative as an energy source compared to fossil fuels.
- 6. Solar Power andFossil Fuels differences. Solar power Fossil fuels Accessibility Can be used any where Limited accessibility Costs Cost efficient High costs Environment No harmful impacts on the environment Harms the environment Renewable Non-renewable Business opportunities Market growing Limited opportunities in business Incentives when investing Offered by government No incentives Health aspect Safe for people Cause health problems In today's business, the word 'sustainability' has grown big. Businesses understand, that in order to run a successful business the issues revolving around sustainability have to be taken into account. For some companies, it is a strategy to gain good reputation, however sustainability is also increasingly seen as a necessity - an issue that has to be considered to preserve the environment and not destroy it. In fact, pollution was considered as one of the greatest dangers in the world by 44 different nations together with inequality, nuclear weapons, AIDS and other diseases, as well as religious hatred. ANALYSIS OF THE PROJECT A Customers are referred roof top system in their own residential and individual building area up to 100kw which can be used for the daily purposes and mainly with battery backup. B Customers are referred to roof top system for Interconnection scheme for institutional Building /set of buildings up to 100kw without battery backup. C Customer are referred to roof top system for the industries and commercial complexes more than 100kw which is grid system.
- 7. SWOT ANALYSIS Strengths • Patents. •Strong brand names. • Good reputation among customers. • Cost advantages from proprietary know-how. • Exclusive access to high grade natural resources. • Favorable access to distribution networks. Weaknesses • Lack of patent protection. • A weak brand name. • Poor reputation among customers. • High cost structure. • Lack of access to the best natural resources. • Lack of access to key distribution channels. In some cases, a weakness may be the flip side of strength. Take the case in which a firm has a large amount of manufacturing capacity. While this capacity may be considered a strength that competitors do not share, it also may be a considered a weakness if the large investment in manufacturing capacity prevents the firm from reacting quickly to changes in the strategic environment. Opportunities • An unfulfilled customer need. • Arrival of new technologies. • Loosening of regulations. • Removal of international trade barriers. Threats • Shifts in consumer tastes away from the firm's products. • Emergence of substitute products. • New regulations. • increased trade barriers.
- 8. ALTERNATIVES SUMMARY BEST ALTERNATIVES Thebest way to consider the alternative is B which can be used to generate the power with battery backup, by keeping in mind the real scenario of India with high power cuts the costumer can store the power for even in nights and rainy days. Besides, the decision of considering the option C is not executable which may cause the following High maintenance cost Highly technical and qualified labor for the maintenance Generated power is stored in power grids. High cost structure.
- 9. WORK BREAK DOWNSTRUCTURE Alternative A Alternative A Task name Duration Initial meeting 3 Days Resource Calculation Planning 5 days Budget Planning 6 Days Cost of Project 5 Days Data collection 50 Days Data Structure Design 16 Days Plan Architecture 17 Days Site surveying 2 Days Mounting 6 Days Installation 10 Days Technician Support 50 Days Wiring and Cables fitting 10 Days Testing 4 Days Delivery 2 Days solar panel project project management intiation planning pre construction site survey and assenment contract permits design packaeges processed data sheets procurnment construction Racking solar pannel electrical system emphase monitor solar planing system testing mounting equipment inspection city of hyderabad inspection SDGE inspection post construction close out documentation final inspection documentation monitoring website micro inverter
- 10. Alternative B Alternative B Taskname Duration Initial meeting 3 Days Resource Calculation Planning 5 days Budget Planning 6 Days Cost of Project 5 Days Data collection 50 Days Data Structure Design 16 Days Plan Architecture 17 Days Site surveying 2 Days Mounting 6 Days Installation 10 Days Technician Support 50 Days Wiring and Cables fitting 10 Days Testing 4 Days Inverter Installation 5days Delivery 2 Days solar panel project project management intiation planning pre construction site survey and assenment contract permits design packaeges processed data sheets procurnment construction Racking solar pannel micro inverter electrical system emphase monitor solar planing system testing mounting equipment inspection city of hyderabad inspection SDGE inspection post construction close out documentation final inspection documentation monitoring website
- 11. CRITICAL PATH ANALYSIS Termsof Alternatives Alternat ive Orientation Administr ation Data Syncronization Design Technology Implementation Hosting A 1 5 35 12 18 11 12 B 1 8 60 15 19 15 10 PROJECT PLAN DURATION ALTERNATIVES DURATION DURATION TASK NAME START DATE FINISH DATE ALTERNATEB START DATE FINISH DATE Project Administration 04.01.2016 10.01.2016 04.01.2016 15.01.2016 Data Manipulation 11.01.2016 17.02.2016 16.01.2016 04.04.2016 Design 18.02.2016 29.02.2016 05.04.2016 22.04.2016 Technical Run/Debugging 01.03.2016 03.03.2016 23.04.2016 25.04.2016 Hosting & Testing 04.03.2016 11.03.2016 26.04.2016 03.05.2016 Publish & Delivery 12.03.2016 14.03.2016 04.05.2016 06.05.2016 Solar PV Pannel Junction box DC Isolator Innverter Assembley Transfor mers ABCD Breakers Meter connection to battery Connecting to home applices Connection to home ApplincesBreakers
- 12. CAPITAL BUDGET FRAMEWORK BILL OF MATERIAL ALTERNATIVE A ALTERNATIVE B COSTS WITHOUT BATTERY WITH BATTERY MATERIAL COSTS ALTERNATIVE A ALTERNATIVE B Solar panels $2 475.00 $2 475.00 Mounting structure $606.00 $606.00 Inverter $1 515.00 $1 515.00 Cables $775.00 $775.00 Battery $0.00 $909.00 Combiner box $303.00 $303.00 Main Junction $121.12 $121.12 Switches $330.00 $330.00 Meter $27.75 $27.75 Fuses $12.12 $12.12 Remote control $303.33 $303.33 INDIRECT COSTS PRODUCT A PRODUCT B Shipping $100.00 $100.00 insurance $500.00 $500.00 Licensing $200.00 $200.00 Column2 Column1 SUMMARY MATERIALS A & B COST PER UNIT $7 268.32 $8 177.32 Capital Budgeting Net present value USED DEMARCATED Pay back peroid IRR Dicount cash flow Profitability Index Debt -Service Coverage Ratio $7 268.32 $8 177.32 MATERIAL COST PER UNIT ALTERNATIVE A ALTERNATIVE B
- 14. Alternative A PROJECTTEAM PROJECT TASKS HOUR of Work/ Month Salary Covered Total Social Tax VAT Total (Tax+VAT) ProjectManager 0.78 $900.00 $702.00 Assistant Project Manager 0.45 $650.00 $292.50 Project Designer 0.24 $80.00 $19.20 Architecture 0.10 $200.00 $20.00 Concept Narrator 0.48 $200.00 $96.00 Subtotal $1 129.70 $272.14 $857.56 DEVELOPMENTELECTRICALTEAM Maintenance Electrical Engineer 0.96 $800.00 $768.00 Supervisor 0.82 $650.00 $533.00 Technicians 1[Electrical] 0.48 $450.00 $216.00 Technicians 2[Electrical] 0.65 $450.00 $292.50 Skilled labor 1 0.86 $200.00 $172.00 Skilled labor 2 0.62 $200.00 $124.00 Subtotal $2 105.50 $507.21 $1 598.29 DEVEMECHANICALTEAM Maintenance Mechanical Engineer 0.48 $800.00 $384.00 Supervisor 0.78 $650.00 $507.00 Technicians 1[Mechanical] 0.58 $450.00 $261.00 Skilled labor 1 0.86 $450.00 $387.00 Skilled labor 2 0.62 $200.00 $124.00 Subtotal $1 663.00 $400.62 $1 262.38 0.21 PROJECTINSTALATION Testing team 0.16 $300.00 $48.00 $10.08 $37.92 End User 0.14 $250.00 $35.00 $7.35 $27.65 Management 0.46 $800.00 $368.00 $77.28 $290.72 Compatibility Test 0.28 $450.00 $126.00 $26.46 $99.54 Subtotal $577.00 $121.17 $455.83 UTILITIES Office Rent 0.99 $300.00 $297.00 $62.37 $234.63 Telecom Charges 0.99 $100.00 $99.00 $20.79 $78.21 Electricity 0.99 $120.00 $118.80 $24.95 $93.85 Transport 0.99 $350.00 $346.50 $72.77 $273.74 Stationery 0.99 $80.00 $79.20 $16.63 $62.57 Subtotal $940.50 $197.51 $743.00 TOTAL Total Salary $4 898.20 Incl. VAT $3 718.22 Management Implementation $577.00 $455.83 Total office Cost $940.50 $743.00 TOTAL EXPENDITURE $4 917.05
- 15.
- 16. NP V r1 IRR= r1 + (r2 -r1) NPVr1 - NPVr2 R1 = 0.1; R2 = 0.2 IRR = 105% -40000 -20000 0 20000 40000 60000 80000 0% 20% 40% 60% 80% 100% A
- 18. Alternative B PROJECTTEAM PROJECT TASKS HOURof Work/ Month Salary Covered Total Social Tax VAT Total (Tax+VAT) Project Manager 0.78 $900.00 $702.00 Assistant Project Manager 0.45 $650.00 $292.50 Project Designer 0.24 $80.00 $19.20 Architecture 0.10 $200.00 $20.00 Concept Narrator 0.48 $200.00 $96.00 Subtotal $1 129.70 $272.14 $857.56 DEVEELECTRICALTEAM Maintenance Electr Engineer 0.96 $900.00 $864.00 Supervisor 1.00 $650.00 $650.00 Technicians 1[Electrical] 0.48 $450.00 $216.00 Technicians 2[Electrical] 0.65 $450.00 $292.50 Skilled labor 1 1.00 $200.00 $200.00 Skilled Labor 2 1.00 $200.00 $200.00 Subtotal $2 422.50 $583.58 $1 838.92 DEVELOPMENTMECHTEAM Maintenance Mechanical Engineer 0.82 $900.00 $738.00 Supervisor 0.78 $650.00 $507.00 Technicians 1[Mechanical] 0.58 $650.00 $377.00 Skilled labor 1 1.00 $850.00 $850.00 Skilled labor 2 1.00 $460.00 $460.00 Subtotal $2 932.00 $706.32 $2 225.68 0.21 PROJECTINSTALLATION Testing Team 0.18 $300.00 $54.00 $11.34 $42.66 End User 0.22 $250.00 $55.00 $11.55 $43.45 Management 0.46 $800.00 $368.00 $77.28 $290.72 Compatibility Test 0.28 $450.00 $126.00 $26.46 $99.54 Inverter Fitter 0.20 $200.00 $40.00 Subtotal $643.00 $126.63 $476.37 UTILITIES Office Rent 0.98 $300.00 $294.00 $61.74 $232.26 Telecom Charges 0.98 $100.00 $98.00 $20.58 $77.42 Electricity 0.98 $120.00 $117.60 $24.70 $92.90 Transport 0.98 $350.00 $343.00 $72.03 $270.97 Stationery 0.98 $80.00 $78.40 $16.46 $61.94 Subtotal $931.00 $195.51 $735.49 TOTAL Total Salary $7 415.20 $4 922.16 Client Implementation $643.00 $476.37 Total Cost $931.00 $735.49 TOTAL EXPENDITURE $6 134.02
- 19.
- 20. r1 IRR = r1+ (r2 -r1) NPVr1 - NPVr2 R1 = 0.1; R2 = 0.2 IRR = 20% -25000 -20000 -15000 -10000 -5000 0 5000 10000 15000 0% 10% 20% 30% 40% 50% B B Linear (B)
- 21. RISK ANAYSIS FRAMEWORK RISK ANALYSIS OF A ALTERNATIVE A RISK RATING VALUE FANACIAL RISK 3.5 TECHNICAL RISK 3 SOCIAL RISK 1 Risk Finacial risk (3.5) credit risk market risk pricicng risk insurance risk equity & debit risk tax & audit risk Technical risk (3) operation maintence and servicing risk reliability risk performnce risk construction risk site feasibility transparency risk procurment risk humman resource risk Social risk (1) environmental risk pollution risk OHS risk
- 22. RISK ANALYSIS OFB ALTERNATIVE B RISK RATING VALUE FANACIAL RISK 6 TECHNICAL RISK 6 SOCIAL RISK 3 Risk Finacial risk (4.5) credit risk market risk pricicng risk insurance risk equity & debit risk tax & audit risk Technical risk (4) operation maintence and servicing risk reliability risk performnce risk construction risk site feasibility transparency risk procurment risk humman resource risk Social risk (1) environmental risk pollution risk OHS risk
- 23. SCALE OF MEASURINGRISK ANALYSIS SCALE LOW 0-5 MODERATE 6-10 SIGNIFICANT 11-15 HIGH 16-20 FANACIAL RISK TECHINICAL RISK SOCIAL RISK MEASURE OF RISK ALTERNATIVE A 3.5 3 1 7.5 ALTERNATIVE B 4.5 4 1 9.5 DEGREE OF RISK Alternative B Comparatively is economically riskier than Alternative A however, the concept is likely agreeable from the partner which has a huge hope and guarantee on return. However, the possibility of rejection of the Alternative A as the degree of risk is similar but the scope doesn’t defend the investor. PROJECT DESCRIPTION Title SOLAR PHOTOVOLTAIC POWER PALNT [ROOF TOP SYSTEM] Project B Main problem As electricity demand escalated, with supply depending largely on fossil fuels plus some hydro power and then nuclear energy, concerns arose about carbon dioxide emissions contributing to possible global warming. Attention again turned to the huge sources of energy surging around us in nature – sun, wind, and seas in particular. There was never any doubt about the magnitude of these, the challenge was always in harnessing them. Today we are well advanced in meeting that challenge. Wind turbines have developed greatly in recent decades, solar photovoltaic technology is much more efficient, and there are improved prospects of harnessing tides and waves. Solar thermal technologies in particular (with some heat storage) have great potential in sunny climates. With government encouragement to utilize wind and solar technologies, their costs have come down and are now in the same league as the increased costs of fossil fuel technologies due to likely carbon emission charges on electricity generation from them. The goal of solving the problem Utilizing electricity from solar and wind in a grid requires some back-up generating capacity due to their intermittent nature. Policy settings to support renewables are also generally required to confer priority in grid systems and also subsidies them, and some 50 countries have these. 1. Utilizing solar and wind-generated electricity in a stand-alone system requires corresponding battery or other storage capacity. 2. The possibility of large-scale use of hydrogen in the future as a transport fuel increases the potential for both renewables and base-load electricity supply.
- 24. Realization In this projectI designed the solar power panel roof module for two alternatives for the residential and the commercial with one is with battery and another without battery. By keeping in mind the real scenario of India with high power cuts the costumer can store the power for even for nights and for use on rainy days. Project duration 4 Months (120 Days) Start Date 04-01-2016 End Date 06-05-2016 Project budget: $ 20000 Project Management Cost $12600.23 Project Investment $10,000
- 25. CONCLUSION Sustainability is themost precious gift that we can give to our future generations. Solar power, especially as it reaches more competitive levels with other renewable energy sources, may serve to sustain the lives and families of millions of underprivileged peoples in developing countries. Solar energy can be directed both actively (by solar PV panels) and passively (by green building design) in order to shed the warm, bright light of opportunity upon the many dark recesses of the globe. Through engineering, this technology can also be applied to the transportation industry. So much has already been accomplished by countless international, governmental, and nongovernmental organizations in the funding and development of projects involving renewable energy systems for these nations. It is incredibly uplifting to view the pictures and read about the amazing work being done to transform uninhabitable conditions into cozy living spaces. The ability to simply cook indoors without gathering a dwindling supply of firewood is a luxury awaiting many more deserving families. Ecosystems, developing societies, and the solar energy market will only benefit from an increase solar PV system installations. Funding for these systems, however, is a challenging aspect when there is so much need. Fortunately, as more and more people give donations and volunteer their professional and technical services, solar energy will become cheaper. The initial installation is basically the only cost, so the investment will simply pay for itself for the rest of its life and for the lives shared beneath its comforting glow.
- 26. REFERENCES 1. [Source: Boundless.“Environmental Problems Associated with Fossil Fuel Use.” Boundless Chemistry. Boundless, 21 Jul. 2015. Retrieved 01 Apr. 2016 from https://www.boundless.com/chemistry/textbooks/boundless-chemistry- textbook/thermochemistry-6/energy-use-and-the-environment-62/environmental- problems-associated-with-fossil-fuel-use-291-1025/] 2. Project Management tenth Edition , A System Approach to Planning, Scheduling and controlling, Herald Kerzner . 3. www.slideshare.net 4. www.electronicsb2b.com 5. “India Solar Compass-January 2014”, journal published on India Solar Market by Bridge to India-www.bridgetoindia.com. 6. “Development of Financial Model of Bankable Feasibility Analysis of a 1MW Rooftop Solar PV Project in India”- a project report by Abhishek Chaudary-under NPTI (National Power Training Institute)-for LAHMEYER INTERNATIONAL.