PFR - 5 MW Solar of Milisaty Vinimay Pvt. LTD
PFR - 5 MW Solar of Milisaty Vinimay Pvt. LTD
PFR - 5 MW Solar of Milisaty Vinimay Pvt. LTD
PRE FEASIBILITY
REPORT
FOR
5 MW SOLAR
POWER PROJECT
By
MOLISATI VINIMAY PRIVATE
LIMITED
Rourkela, Orissa
Contents
Contents................................................................................................................ 2
1.Introduction ....................................................................................................... 3
2.Project Overview................................................................................................. 3
2.1 Technical Aspects......................................................................................... 4
Technical Specification....................................................................................... 5
2.2 Financial Aspects.......................................................................................... 8
3. Brief Profile of the Company..............................................................................9
3. 1 Introduction................................................................................................. 9
3.2 Promoters Credential ...................................................................................9
4.Project Contribution to the Sustainable Development......................................10
Page 2
1. Introduction
Energy has a dichotomous relationship with the development of civilisation. With
the rapid development the pressure is now on the energy sector. In the wake of
rising fossil fuel price, bleak projection of the fossil fuel reserve and increasing
concerns over countrys energy security the government is opting towards a
radical shift in the power sector plan and favouring the emergence of the
renewable energy sector. With an objective to deepen institutional reform
concerted effort has been made in Indian power sector by the government with
specific focus over the renewable energy sector.
With an objective to harness the huge untapped solar energy potential in the
country and promote energy self sufficiency and independency, Government of
India has launched promotional scheme and incentives to enhance private sector
participation in the field. The project is being conceptualized considering
benefits as mentioned in Jawaharlal Nehru National Solar Mission (JNNSM) for
setting up Grid connected Solar Power Plants. Jawaharlal Nehru National Solar
Mission (JNNSM) aims at development and deployment of solar energy
technologies in the country to achieve parity with grid power tariff by 2022. In
the first phase i.e. till 2013 the mission targets 1100 MW of solar power both
thermal and photovoltaic. The mission has also set up a national level entity i.e.
the NTPC Vidyut Vyapar Nigam (NVVN) Limited who would purchase all the
power generated from such solar power plants at tariffs determined by the
Central Electricity Regulatory commission. At present the CERC has announced a
tariff of Rs 17.91 per unit.
The State as such is also very proactive to fulfill its Renewable Power Obligation
(RPO) and Solar Power Obligation (SPO) obligations as laid down under JNNSM
and is prepared to extend all necessary cooperation such as providing land,
evacuation facilities and guarantee for purchase of solar power from IPPs.
2. Project Overview
Page 3
1
2
Proposed Capacity
Project Site
3
4
Type of system
Type of PV Modules
Land requirement
5 MW
Tehasil: Deogarh
District: Deogarh
State: Orissa
Country: India
Fixed Structure
A poly crystalline silicon cell is a combination of
more than one silicon cell in the form of wafer.
This system can operate at an efficiency of
12% and is significantly cheaper than single
crystalline cells.
25 Acres
Page 4
11
Module Size
Rated Power (Pmax W)
Inverter Capacity
Projected Energy
Production / annum
Capacity Utilisation
factor
Grid Evacuation
12
13
Life Time
Power Plant Composition
14
10
15
16
17
124.5 cm * 63.5 cm
40 +/- 5%
500 kW string inverter
8.322 MU Degradation factor of 0% per annum
19%
The Power Generated at 415 V from the Plant
will be stepped up to 33/132 kV and connected
to the 33/132 kV substation of GRIDCO
available near the project site.
25 years
Solar array, solar modules, power conditioning
system, control room, data logging system,
monitoring system, junction boxes, cables and
other accessories.
6990 tCO2 per annum
6 month from the date of signing of PPA
Molisati Vinimay Private Limited
Vikram Solar Pvt. Ltd.(VSPL)
Technical Specification
Material
Maximum Power Pmax (W)
Maximum Power Voltage Vmax (V)
Maximum Power Current Impp (A)
Open Circuit Voltage (V)
Short Circuit Current (A)
Module Efficiency
Tolerance of Pmax
Normal Operating Cell Temp.
Standard test conditions (STC)
Max. System Voltage
Meteorological Data:
Orissa is blessed with ample solar Radiation throughout the year and is ideal for
solar power project. Based on the average insolation data the proposed solar
power project is estimated to generate 13.6 million units of electrical energy
annually.
Page 5
19 0 4 N
Northern Latitude
20 0 17 N
Western Longitude
84 0 7 N
Eastern Longitude
86 0 11 N
Mid Latitude
190 41 N
Mid Longitude
84 0 40 N
4.82
0.53
Source: NASA
Month
Monthl
y
Averag
e
Insolati
on
[kWh/m
2
/day
Monthly
Average
Clearnes
s Index K
Monthly
Average
Daylight
Monthly
Average
Daylight
Cloud
Amount (%)
Monthly
Average
Relative
Humidity
at 10 m
(%)
Monthly
Average
clear sky
days
Monthly
average
day time
cloud
amount
(%)
Hours
Jan
4.73
0.62
11.0
27.3
56.6
13
26.8
Feb
5.43
0.62
11.5
28.0
60.4
12
28.3
Mar
5.97
0.61
12.0
36.0
58.7
32.5
Apr
6.36
0.60
12.6
45.5
64.5
41.5
May
6.15
0.56
13.0
55.4
69.9
51.9
Jun
4.30
0.39
13.3
81.2
77.9
79.5
Jul
3.75
0.34
13.2
87.1
81.0
82.5
Aug
3.68
0.34
12.8
86.9
81.3
82.9
Sep
4.09
0.41
12.2
75.2
80.4
71.1
Oct
4.49
0.50
11.7
54.3
74.8
51.2
Nov
4.44
0.56
11.2
39.8
60.3
10
38.5
Dec
4.48
0.61
10.9
25.1
52.5
17
24.5
Page 6
57.87
6.16
145.4
641.8
818.3
72
611.2
Annual
averag
e
4.82
0.51
12.11
53.48
68.19
6.0
50.93
Climate Data
Month
Temperature (0C)
January
February
March
April
May
June
July
August'
September
Maximum
29
36
36
39
38
36
34
31
33
Minimum
14
16
21
27
27
23
22
20
22
12.6
27.1
24.3
27.2
52.9
225.1
347.7
357.5
217.5
October
November
December
33
31
30
20
18
17
86.3
20.4
3.3
Page 7
Capital Cost
Debt Equity Ratio
Rate of Interest
Term Loan
Loan Tenure
Moratorium
Equity Contribution
Annual average power
generation
Power Sale Price
Depreciation
Pay Back Period
DSCR
Internal Rate of Return (IRR)
Page 8
b. The mean sea level is expected to rise 15-95 cm by the year 2100,
causing flooding of low lying areas and causing other damages. Forests,
deserts and other unmanaged ecosystems would face new climatic
stresses. Human society will face new risks and pressures. Food security
is likely to be affected and some regions are likely to experience food
shortages and hunger. Water resources will be affected as precipitation
and evaporation pattern change around the world. Sea level rise and
extreme weather events could damage physical infrastructure.
Sulphur emissions from coal and oil fired power stations produce clouds of
microscopic particles that reflect sunlight back into space. This could cause
acid rain.
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