1. Risk Perception – Financing Solar Energy Projects
Rikhav Parikh
SunAlpha Energy Pvt. Ltd. | |
Singapore
101, Cecil Street, Tong Eng Building, S(238884)
Mumbai
Mittal Tower, Nariman Point,
Mumbai –
Delhi & NCR
Richmond Park, DLF Phase-4,
Gurgaon –
Chennai
1-3,1st Lane, M.G.Road,
Chennai

2. The Golden Opportunity2

3. The Golden Opportunity
60 GW – Utility scale
Tendered projects
Private Open Access / Group Captive projects
40 GW – Distributed Generation
Rooftop Capex projects
Rooftop BOOT / OPEX projects 3

4. financing solar projects4

5. financing solar projects5

6. Credit worthiness of DISCOM / Private party
Risk perception
Offtaker Risk
Credit worthiness of DISCOM / Private party
Technology Risk
80% of Indian market dominated by Chinese make solar modules
Efficiency of panels
Rate of degradation
Financial health of solar module manufacturing companies
Enforceability of warranties provided
Implementation Risk
Performance Shortfall (PR)
Irradiance accuracy 6

7. Market Risk Risk perception
Falling prices of solar modules (Solar tariffs at Rs 3.50 in 3 years ?)
Grid curtailment
Policy uncertainty
Delayed payments / receivables
Accelerated depreciation curbed to 40%
Enforcement of RPOs 7

8. Debt Structuring / Financing Risk
Risk perception
Debt Structuring / Financing Risk 8

9. Risk perception
Thank you
Questions ? 9

10. SunAlpha Energy Pvt. Ltd. 10