SEMINAR ON INVESTMENT OPPORTUNITIES IN HEALTHCARE, HOSPITALITY AND

GREEN TECHNOLOGY

TOPIC : SUCCESS STORY OF GADING KENCANA

20 OCTOBER 2015

GADING KENCANA SDN BHD

Company ID 270511-H

Address 2-06-2, Blok 2, Presint Alami, Persiaran

Akuatik, Seksyen 13, 40100 Shah Alam,

Selangor

Telephone No 03 - 5513 9888

Incorporation Date 20 July 1993

Website www.gadingkencana.com.my

Managing Director Dato’ Ir Muhamad Guntor Mansor Tobeng

Authorized Capital RM25,000,000

Paid Up Capital RM 17,000,000

Ownership 100% Bumiputera

ISO & OHSAS Certified Energy Service

Company

COMPANY BACKGROUND

A Renewable Energy & Energy Efficiency Company

Certified Approved Photovoltaic Service Provider

(APVSP) by KETTHA

Registered with:

CIDB – G7

Ministry of Finance

Energy Commission (Electrical Contractor)

Energy Commission (Energy Services Company)

ISO 9001:2008 & OHSAS 18001:2007

OVERVIEW OF GADING KENCANA SDN BHD

Source : Ir. Ahmad Hadri MBIPV

RENEWABLE ENERGY

8MW SOLAR SYSTEM

CONNECTIVITY TO 33KV CONNECTION TO THE GRID

PROJECT HIGHLIGHTS

Details

Solar System Capacity 8 MegaWatt

Solar Modules Used 29,092 Pcs

Solar Inverters Used 390 Nos

Cables DC 6mm:

24 km

AC Inverter to Feeder Pillar 5 Core 10mm:

26 km

AC Feeder Pillar to MSB:

25km

AC Switchgear to PPU 4 core 185mm:

4km

Manpower 230 pax

Electricity Generated Per Year 10,120 MWh

Land Size 17.7 Acres

Total Project Value RM84 Million

Registered Address Kompleks Hijau Solar,

Jalan Solar 1, Bandar Hijau, Hang Tuah

Jaya, 75450 Ayer Keroh, Melaka

No Description %

1 Land 5.5%

2 Preliminaries 4.6%

3 Site Clearance and Earthwork 8.1%

4 Main Access Road 3.4%

5 Infrastructure Work 1.7%

6 Main Building Works 0.9%

7 Solar PV Mounting Structure 12.1%

8 Electrical System for Solar Panel 11.0%

9 Electrical and Mechanical System for

Main Building

1.0%

10 Solar Panel 41.7%

11 Solar Inverter 9.9%

12 Balance of System 0.1%

Total 100.0%

Solar Panel 42%

Solar PV Mounting Structure

12%

Electrical System For Solar Panel

11%

Solar Inverter 10%

Site Clearance & Earthwork 8%

Land 5%

Preliminaries 5%

Main Access Road 3%

Infrastructure Work

2%

Electrical and Mechanical for Main Building

1%

Main Building Works 1%

Balance of System 0%

COST OF DEVELOPMENT

PROGRESS REPORT

No Description Year 2012 Year 2013 Year 2014

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

1 Registration of REPPA with SEDA

2 Corporate Negotiations &

Agreements

3 ST Public License (Provisional)

4 Appointment of Consultant

Preparation for Engineering Design

5 Engineering Design & Application

for Development Order

6 Financing Agreement(s)

7 Construction Work Start

8 First Payment Contractor

9 Construction Completion

11 FiT Commencement Date (SCOD)

MILESTONES OF THE PROJECT

DATE MILESTONES

09 December 2011 Received Feed-In Approval from

SEDA

06 November 2012 Loan Offer Issued By SME Bank

15 August 2013 Approval from MPHTJ

1 October 2013 Project Commencement

31 October 2014 Project Completion

11 December 2014 Initial Operation

23 December 2014 FIT Commencement

31 December 2014 Issuance of Completion and

Compliance Certificate (CCC)

24 February 2015 First FIT Income Received

BEFORE DURING INSTALLATION AFTER INSTALLATION PROCESS

SYSTEM SIMULATION

SYSTEM SIMULATION

ACTUAL ENERGY YIELD STUDY ANALYSIS

• The solar farm is required to produce at least 621.81MWh per month in order to pay for monthly loan repayment

Jan Feb Mar Apr May June Jul Aug Sept Oct Nov Dec

Actual energy (kWh) 964,788 1,028,528 1,089,838 1,015,557 968,116 937,919 960,499 1,004,351 824,578

Expected energy (kWh) 933,700 973,800 1,011,000 953,700 888,500 870,800 877,600 889,100 895,800

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

Ene

rgy

(kW

h)

Total energy yield for 8MW

621.81 MWh

158.34

102.68

0.00

20.00

40.00

60.00

80.00

100.00

120.00

140.00

160.00

180.00

Jan Feb Mac Apr May June July Aug Sept Oct Nov Dec

kWhm-2/month

2007 2008 2009 2010

Source of Data: 1) Malaysia Meteorological Department ( Source :http://www.met.gov.my) 2) Photovoltaic Monitoring Centre, University Teknologi Mara (PVMC-UiTM) 3) Meteonorm ( Source: http:// www.metenorm.com) 4) NASA ( Source: http: //eosweb.larc.nasa.gov/sse/)

AVERAGE SOLAR IRRADIANCE DATA FOR

MALACCA | (2007 – 2010)

GBI CERTIFICATION

• Creation of 230 highly skilled and high income Jobs for Malaysian Citizens

• Spin off business opportunity of RM 100.0 Million to local contractors and consultant

• Reduction of Carbon emission by 136,729 tonnes

• Support government policies in EPP9 in achieving 1.25GW RE connected to the grid by 2020

16

BENEFITS

17

• Export potential for Malaysian Solar Photovoltaic Industry products & services

No Country Product Quantity Amount

RM(Million)

1 Saudi Arabia Utility Scale Solar Farm 50 MW 500.0

2 Brunei Solar Farm on Land Field 10 MW 100.0

3 Indonesia Solar Farm In Lombok 8 MW 80.0

4 Djibouti Solar Home System for 1000 use 2 MW 20.0

5 Kenya Solar Home System for 5000 House 2 MW 20.0

6 Indonesia Solar Farm In Jakarta 2.0 MW 20.0

7 Turkey Solar BIPV 1 MW 10.0

8 Uganda Solar Home System 1000 Set 0.5 MW 5.0

9 Mauritius Solar Off Grid 0.10 MW 1.0

10 Ghana Solar Lantern Light 1000 Pcs 0.10 MW 0.9

TOTAL 75.7 MW 756.90

BENEFITS

Thin Film Mono Crystalline

Poly Crystalline

HIT

103.15 kWh/m2/y

170.00 kWh/m2/y

160.36 kWh/m2/y

197.63 kWh/m2/y

PILIHAN TEKNOLOGI SOLAR PV

PROSES PERLAKSANAAN PROJEK

PENILAIAN AWAL OLEH SEDA

PENGESAHAN SAMBUNGAN TNB

CADANGAN REKABENTUK

SAMBUNGAN OLEH TNB

PERMOHONAN LESEN FiT DAN PENYERAHAN

DOKUMEN

CABUT UNDI SEDA KELUAR SIJIL

FiT

TANDA TANGAN PERJANJIAN JUAL

BELI TENAGA (REPPA)

PEMBINAAN SISTEM SOLAR

PEMBELIAN METER

SOLAR DARI TNB

MOHON ATAS TALIAN

LULUS

TAMAT

PROJEK BATAL

PEMASANGAN METER & UJIAN AWALAN DGN

TNB

PENGUJIAN & PENTAULIAHAN BERSAMA OLEH

TNB, SEDA ,GKSB

BACAAN METER

PERTAMA

BAYARAN PERTAMA

6 BULAN

TOLAK

TOLAK

LULUS

TAMAT

GAGAL

MOHON SEMULA

Kemalangan fizikal (pecah, retak) atau

kecelakaan (bencana alam)

Kecekapan sel solar dan komponen yang

menurun

Faktor cuaca yang mendung, hujan, jerebu,

Perpindahan

Perbuatan khianat seperti vandalisme dan

sabotaj

Terputus sambungan ke grid

POTENSI RISIKO PROJEK

BANGUNAN KOTA CEMERLANG, KUMPULAN MELAKA BERHAD. 10kWp TAHUN 2011

OTHER BENEFITS COOLING EFFECTS ON BUILDING – SOLAR PANELS ACT AS ROOF SHADE This will reduce energy consumption used by cooling mechanism such as air conditioners.

THERMAL IMAGES OF A ROOF CEILING: UNDER FLAT PV ARRAY, UNDER TILTED PV ARRAY, UNDER EXPOSED ROOF Research by: University of California, San Diego

Perjanjian Pembelian Tenaga Baharu (REPPA)

selama 21 tahun

Pulangan atas pelaburan 14% - 18% setahun

Pengurangan pelepasan karbon sebanyak

391,230 tan

Projek ini menyokong inisiatif kerajaan - EPP10

Meningkatkan ekuiti sektor SME dalam industri

Tarif Galakan Solar

Penjanaan sumber pendapatan jangka panjang

yang lestari

KELEBIHAN KEPADA SYARIKAT

WISMA G&P, CHERAS, KUALA LUMPUR

M&A merangkumi; “menjana tenaga dari sumber

Tenaga Baharu dan menjual tenaga ke talian grid”

Bagi kuota <72kWp, saham berbayar minima RM20,000

Bagi kuota >72kWp, saham berbayar minima RM50,000

Pemilikan oleh warga negara Malaysia

Gading Kencana Sdn Bhd sebagai “service provider”

Pemasangan di bangunan komersil atau industri

Premis sendiri, atau pajakan bumbung 22 tahun

Mempunyai surat tawaran pembiayaan daripada

institusi kewangan semasa mohon kuota

SYARAT PERMOHONAN

GTFS, jaminan pinjaman 60% dan diskaun 2%

kadar faedah.

Tax Incentives 100% for 10 years

INSENTIF DANA PEMBANGUNAN

PROJEK SOLAR

2000kWp INTEGRATED PEPS-JV (M) SDN BHD, BATANG KALI, SELANGOR

MODAL DAN PENDAPATAN

PELAN TINDAKAN

ITEM 2015 2016

OCT NOV DEC JAN FEB

Perbentangan Cadangan Projek

Taklimat Kepada Koperasi

Cadangan Pindaan Perlembagaan

Kelulusan Pindaan Perlembagaan

Pengumpulan Dokumen

Mewujudkan Profil

Proses CCC & PSS oleh TNB

Aplikasi Online + Bayaran Prosesan SEDA

Non Individual Quota < 425 kwp

Non Individual Quota > 425 kwp

i) Submit Document

ii) Profile Creation

iii) Technical Evaluation

iv) KeTTHA Final Evaluation

19.2

4.12 23.11

30.11 4.12

7-10 Dec

Jan 2016

30.10

15.10

23.10

30.10

1.11 30.11

1.11 4.12

30.11 4.12

7.12 15.1

19.2 17.1

TERIMA KASIH