SOLAR ENERGY The Next Sunshine Sector
India’s Entrepreneurship Success has been based on the 3 stage mantra The Indian Growth Story Timely Entry 2000 – Golden time for Real Estate Companies Prices Soaring | Government Support | Mall Culture Begins
India’s Entrepreneurship Success has been based on the 3 stage mantra The Indian Growth Story Timely Entry 2000 – Golden time for Real Estate Companies Prices Soaring | Government Support | Mall Culture Begins Effective Execution Yesterday’s Startups, Today’s Heavyweights DLF | Unitech | Parsavnath | Omax | Ansal
India’s Entrepreneurship Success has been based on the 3 stage mantra The Indian Growth Story Timely Entry 2000 – Golden time for Real Estate Companies Prices Soaring | Government Support | Mall Culture Begins Effective Execution Yesterday’s Startups, Today’s Heavyweights DLF | Unitech | Parsavnath | Omax | Ansal Timely Exit 2010: The Tide has Reversed Prices dropped by 20-40% and sales have fallen over 50%
Communication Oil & Gas Information Technology India’s Best Performing Businesses Reliance commissioned the 1 st Phase of Hazira Petrochemical Complex in Indian Crude Consumption 1 mn barrels per day and completely Govt dominated 2010 Indian Consumption reaches 3 mn barrels per day with Reliance Industries as the Biggest player 3 fold jump
Communication Oil & Gas Information Technology Infosys was founded in 1981 with a starting capital of $ Indian IT did business worth $150 mn 2010 Indian IT market is worth $5700 mn with Infosys at a leadership position 38 fold jump India’s Best Performing Businesses
Communication Oil & Gas Information Technology Bharti Airtel was founded by Sunil Bharti Mittal in Indian Subscriber Base of 0.03 mn 2010 Indian Subscriber Base of 400 mn with Airtel having the largest share fold jump India’s Best Performing Businesses
SOLAR ENERGY Jawaharlal Nehru National Solar Mission (JNNSM) launched by Prime Minister in Jan, MW of Solar Power Plant are installed in India 2022 Under JNNSM, 20,000 MW of Solar Power Plant would be installed in the country 2000 fold jump India’s Best Performing Businesses ?
Under JNNSM, targets set for Solar Penetration Policy Landscape: Target & Tariffs Application Segment Target for Phase 1 (2010 – 13) Cumulative Target for Phase 2 (2013 – 17) Cumulative Target for Phase 3 (2017 – 22) Grid connected Solar Power 1,100 MW4,000 MW20,000 MW 1,100 MW Projects of 5 MW shall be allotted in Phase 1 Tariff for Solar Power set in First Phase: Rs /unit* Which gives returns of 22% on Equity First Allotment of Phase 1 shall happen in the November *As per CERC Guidelines
Policy Landscape: Timelines* 25 th July’10 Release of Final Guidelines Aug – Sep’10 Taking Clearances & Meeting Requirements Sep’10 Deadline for Expression of Interest Nov’10 Allotment of Project Feb’11 Deadline for Financial Closure Nov’11 Project Commissioning
Financials of 5 MW Solar Power Plant COST OF THE PROJECT* Solar Modules5250 Lacs Electric Equipments1000 Lacs Civil Work500 Lacs EPC500 Lacs Preoperative and Consultancy25 Lacs TOTAL7275 Lacs REVENUE FROM THE PROJECT Installed Capacity ( MW)5 Net Annual generation (units)82 Lacs Eletricity price from grid (INR/ kWh) for 25 years17.91 Revenure per Year from generation1470 Lacs Revenue from Generation of Carbon Credits60 Lacs TOTAL1530 Lacs *Cost of Land has not been included as it largely varies from state to state and can be treated as a separate investment
Securing 2010 Allotment Critical Success Factors Short Term Vision 2022 Long Term Immediate Action for EoI Effective Liasoning with Power Utilities and appointed Nodal Agencies Ensuring allotment in Phase 1 as it would become an eligibility criteria for future
Credentials Clients Gensol Consultants, an ISO 19001:2000 certified company is a pioneer in Renewable Energy and Carbon Advisory. With a portfolio of 25 million credits spread across 400+ clients in 16 states, Gensol, an empanelled consultant with Ministry of Environment and Govt of Himachal is widely recognized as thought leader in Renewable Energy. Bajaj HindustanQuippo Energy SuzlonZaveri & Co Landmark HotelsAsian Tiles 200+ Trained Team with expertise 60 MW+ Solar Power Projects under execution Recipient of multiple awards including BusinessWorld Hottest Young Entrepreneur and Economic Times Power of Ideas. About Us
Contact Us: 205 – 206 Sarthak II S G Highway Ahmedabad W: E: Ph: