SBI Report 2018 - suprabha.orgsuprabha.org/wp-content/uploads/Report - SBI Capacity...
Transcript of SBI Report 2018 - suprabha.orgsuprabha.org/wp-content/uploads/Report - SBI Capacity...
Gurgaon
Report on Training SBI officerson Grid connected RooftopSolar Proposal Evaluation
June 4 - 9, 2018
Hyderabad
2 3
ecognizing India’s vast potential for renewable, solar
Renergy, the Government of India initiated the Grid
connected Rooftop PV (GRPV) programme in 2015.
The programme is helping the government achieve its target
of 40 Gigawatts (GW) of solar rooftop by 2022; this is part
of its wider goal of 175 GW, under the Jawaharlal Nehru
National Solar Mission. SBI plays an important role in this
initiative, as it is tasked with disbursing a $625 million World
Bank loan for rooftop projects, as well as supporting the
stakeholders for effective delivery of outputs. The projects
have not seen high acceptance so far, primarily due to
financial restrictions. Despite strong policies in place, there is
a lack of awareness regarding the regulations and business
models, reluctance to pay the high upfront investments and
limited debt financing available to rooftop solar developers.
This has further highlighted the critical role played by bank
officials in the success of the initiative, as they are the ones
providing the funds to developers. Informing them about
these projects can ease the financial process and facilitate the
uptake of rooftop solar PV installations across the country.
CHARGING UPTHE FINANCE WORLD
India is in the solar belt of the world Acknowledging the immense potential and breadth of solar
projects in the country, the Ministry of New & Renewable
Energy (MNRE) and the World Bank have recognized the
need to familiarize the target stakeholders regarding the
policies and regulatory frameworks and, most importantly,
build the capacities of staff involved in the financial aspects of
these projects. To further this objective, the State Bank of
India (SBI), in collaboration with the World Bank and Ernst
and Young, successfully conducted a series of two-day
workshops on the financing of rooftop solar projects across
India. The workshops were the first of their kind, aimed at
providing a thorough understanding of the cost, financing
possibilities, risks and their mitigation strategies, and the
business models associated with rooftop solar projects.
Nearly 180 SBI officers, from various SBI branches across 16
states, were taken through the different aspects of solar
rooftop installations by 12 trainers, who had Master Trainer
accreditation from the Skill Council for Green Jobs. The
workshops were conducted in three batches, between the
4th-9th June, 2018, in Hyderabad and Gurugram.
The bank officers, at the end of the training workshops, are
qualified as Solar Proposal Evaluation Specialists. They are
able to check the technical and site feasibility, as well as the
financial viability of solar rooftop projects. These officers can
then disburse the required funds at attractive interest rates
to solar rooftop developers and end-users.
In order to train the officials, the appropriate course content
was developed using modules previously created by the
USAID PACE-D Program for the Solar Proposal Evaluation
Specialist Qualification Pack (QP) of Skill Council for Green
Jobs. This has been declared a National Qualification and is
part of the National Qualification Register. The knowledge
provided to the participants in these workshops gave them
an in-depth understanding of the project magnitude and
scope, thereby helping them in mobilizing finance for future
solar rooftop projects. A number of such workshops have
been planned, to empower more staff and facilitate the
uptake of solar rooftop infrastructure.
Key challenges confronting the financingof the solar rooftop sector in India
Ÿ Evolution of policy framework
Ÿ Interconnection process and charges
Ÿ Infrastructure up gradation requirement
Ÿ Site related risks
Ÿ Grid availability risks
Ÿ Contract sanctity & host credit-quality
Understanding of the emerging policy and regulatory scenario
Role of stakeholders starting from rooftop owners to developers
and the utility
Varied risks - development and operational stage/
understanding of risk mitigation strategies
Clear understandingof new and emerging
business models
Ÿ Evolution of policy framework
Ÿ Interconnection process and charges
Ÿ Infrastructure up gradation requirement
Ÿ Policy & Implementation
Ÿ Role of utility / electrical inspector - timelines
Ÿ Standards & Certifications
Ÿ Empanelment of inverter/ meter manufacturers
Ÿ Lack of clarity onbusiness models
Ÿ Rooftop leasing
Ÿ Utility basedbusiness models
2 3
ecognizing India’s vast potential for renewable, solar
Renergy, the Government of India initiated the Grid
connected Rooftop PV (GRPV) programme in 2015.
The programme is helping the government achieve its target
of 40 Gigawatts (GW) of solar rooftop by 2022; this is part
of its wider goal of 175 GW, under the Jawaharlal Nehru
National Solar Mission. SBI plays an important role in this
initiative, as it is tasked with disbursing a $625 million World
Bank loan for rooftop projects, as well as supporting the
stakeholders for effective delivery of outputs. The projects
have not seen high acceptance so far, primarily due to
financial restrictions. Despite strong policies in place, there is
a lack of awareness regarding the regulations and business
models, reluctance to pay the high upfront investments and
limited debt financing available to rooftop solar developers.
This has further highlighted the critical role played by bank
officials in the success of the initiative, as they are the ones
providing the funds to developers. Informing them about
these projects can ease the financial process and facilitate the
uptake of rooftop solar PV installations across the country.
CHARGING UPTHE FINANCE WORLD
India is in the solar belt of the world Acknowledging the immense potential and breadth of solar
projects in the country, the Ministry of New & Renewable
Energy (MNRE) and the World Bank have recognized the
need to familiarize the target stakeholders regarding the
policies and regulatory frameworks and, most importantly,
build the capacities of staff involved in the financial aspects of
these projects. To further this objective, the State Bank of
India (SBI), in collaboration with the World Bank and Ernst
and Young, successfully conducted a series of two-day
workshops on the financing of rooftop solar projects across
India. The workshops were the first of their kind, aimed at
providing a thorough understanding of the cost, financing
possibilities, risks and their mitigation strategies, and the
business models associated with rooftop solar projects.
Nearly 180 SBI officers, from various SBI branches across 16
states, were taken through the different aspects of solar
rooftop installations by 12 trainers, who had Master Trainer
accreditation from the Skill Council for Green Jobs. The
workshops were conducted in three batches, between the
4th-9th June, 2018, in Hyderabad and Gurugram.
The bank officers, at the end of the training workshops, are
qualified as Solar Proposal Evaluation Specialists. They are
able to check the technical and site feasibility, as well as the
financial viability of solar rooftop projects. These officers can
then disburse the required funds at attractive interest rates
to solar rooftop developers and end-users.
In order to train the officials, the appropriate course content
was developed using modules previously created by the
USAID PACE-D Program for the Solar Proposal Evaluation
Specialist Qualification Pack (QP) of Skill Council for Green
Jobs. This has been declared a National Qualification and is
part of the National Qualification Register. The knowledge
provided to the participants in these workshops gave them
an in-depth understanding of the project magnitude and
scope, thereby helping them in mobilizing finance for future
solar rooftop projects. A number of such workshops have
been planned, to empower more staff and facilitate the
uptake of solar rooftop infrastructure.
Key challenges confronting the financingof the solar rooftop sector in India
Ÿ Evolution of policy framework
Ÿ Interconnection process and charges
Ÿ Infrastructure up gradation requirement
Ÿ Site related risks
Ÿ Grid availability risks
Ÿ Contract sanctity & host credit-quality
Understanding of the emerging policy and regulatory scenario
Role of stakeholders starting from rooftop owners to developers
and the utility
Varied risks - development and operational stage/
understanding of risk mitigation strategies
Clear understandingof new and emerging
business models
Ÿ Evolution of policy framework
Ÿ Interconnection process and charges
Ÿ Infrastructure up gradation requirement
Ÿ Policy & Implementation
Ÿ Role of utility / electrical inspector - timelines
Ÿ Standards & Certifications
Ÿ Empanelment of inverter/ meter manufacturers
Ÿ Lack of clarity onbusiness models
Ÿ Rooftop leasing
Ÿ Utility basedbusiness models
DISCOM, to be used during peak demand hours. The more
surplus energy the building generates, the lower its electricity
consumption bill. The revenue generated by this system
increases with an increase in tariffs. In the case of gross
metering, however, the entire energy generated is transferred
to the DISCOM, which then provides the required energy on
a fixed tariff. The electricity bill of the consumer is not based
on what they generate, but rather only on what they consume.
It was brought out in the session that even though DISCOMs
will lose revenue due to the reduced sale of conventionally
obtained power, with future increases in the cost of procuring
the latter, they stand to gain in the long term by switching to
solar rooftops.
DAY 1: UNDERSTANDINGTHE DETAILS OF SOLARROOFTOP PROJECTS
ay 1 of the workshops consisted of four technical
Dsessions, conducted by the Master Trainers. The
first session introduced the two day training and
presented the national and global scenario of solar projects, as
well as the key stakeholders, policies and regulations associated
with Indian projects. The participants were taken through the
nuances of net and gross metering, two of the models used in
solar rooftop projects, with the help of case studies.
In the case of net metering, end users can generate energy
when the building is not in use (for instance, offices can
generate over weekends and consume on weekdays, schools
can generate over vacations). The surplus is sent to the
Interconnection Options for Solar Rooftop System
DistributionUtility Grid
Gross Metering
Solar Rooftop Plant
Captive Plant
Net Metering
Internal GridElectricity
Meter
he training, conducted at SBI’s training centers in Tboth cities, began with an inaugural ceremony. The
Hyderabad session was attended by Smt. M Jayashree
Reddy (GM & Principal, SBIRB), Shri Deepak Kumar (CGM,
CPPD), Shri Madhukar Ranjan (DGM (R&A), SBIRB), and Smt.
Lalitha Rudrabhatta (DGM, SBIRB). The Master Trainers for
the sessions included Shri Nithyanandam Yuvaraj Dinesh
Babu, who has more than 24 years of experience in climate
change, sustainable development and clean energy projects
and is the team leader of the Technical Assistance Program
for the Grid Connected Rooftop Solar PV (GRPV) Project.
Several sessions were conducted by Mr Arvind Karandikar,
who has 20 years of experience in consulting on PV module
manufacturing, tariff determination and solar power
generation, and Mr Dipankar Bishnoi, a consultant with
experience in over 300MW of Solar power plants and of
training engineers, entrepreneurs and students from more
than 30 countries.
In Gurugram, the inaugural session was attended by Mr. B. K
Srisvastava (AGM, CPPD, Corporate Centre, SBI), Ms. Supriya
Dutta (DGM, PDA), Mr. Vishwanath Ramling (Chief General
Manager, SME Corporate Centre, SBI), and Mr. Bibek
Bandyopadhyay (former MNRE adviser). Mr. Praveen Saxena
(CEO, Skill Council for Green Jobs), who was present at the
Gurugram workshops, said that “SCGJ was pleased to
collaborate with the EY led Consortium on this important
initiative. Smarter financing mechanisms will not only result
in accelerated deployment but also facilitate India’s transition
to a low carbon economy by enabling large-scale integration
of solar rooftop projects into the grid”.
The sessions in Gurugram were conducted by a group of
Master Trainers that included Mr Vaman Kuber, a recipient of
the “50 Most Impactful Global Green Leaders Award,” with
over 8 years of experience in solar power systems design,
testing and monitoring. Other Trainers included Mr Dwipen
Boruah, the Deputy Team Leader of the MNRE-WB-SBI
Solar Rooftop TA Program, who has worked for more than
27 years in renewable energy planning, implementation and
capacity building, and Mr. Tanmay Bishnoi, who has conducted
techno-economic viability assessments for over 200MW
solar PV power plants across the world, and is a Galileo
Master Certificate holder in Renewable Energy.
AGENDA SETTING
4 5
Left to Right: Shri Nithyanandam Yuvaraj Dinesh Babu, Team leader , MNRE-WB-SBI Solar Rooftop TA program Smt. M Jayashree Reddy, GM &Principal , SBIRB, Shri Deepak Kumar CGM , CPPD, Shri Madhukar Ranjan, DGM (R&A), SBIRB, Smt. Lalitha Rudrabhatta ,DGM, SBIRB
Left to Right: Dr. Praveen Saxena (SCGJ), Mr. Binod K Srivastava (SBI), Mr. Vinod Rambling (SBI), Ms. Supriya Dutta (SBI),Dr. Bibek Bandhopadhyay (SBI), Mr. Dwipen Boruah (GSES), Mr. Tanmay (SCGJ)
DISCOM, to be used during peak demand hours. The more
surplus energy the building generates, the lower its electricity
consumption bill. The revenue generated by this system
increases with an increase in tariffs. In the case of gross
metering, however, the entire energy generated is transferred
to the DISCOM, which then provides the required energy on
a fixed tariff. The electricity bill of the consumer is not based
on what they generate, but rather only on what they consume.
It was brought out in the session that even though DISCOMs
will lose revenue due to the reduced sale of conventionally
obtained power, with future increases in the cost of procuring
the latter, they stand to gain in the long term by switching to
solar rooftops.
DAY 1: UNDERSTANDINGTHE DETAILS OF SOLARROOFTOP PROJECTS
ay 1 of the workshops consisted of four technical
Dsessions, conducted by the Master Trainers. The
first session introduced the two day training and
presented the national and global scenario of solar projects, as
well as the key stakeholders, policies and regulations associated
with Indian projects. The participants were taken through the
nuances of net and gross metering, two of the models used in
solar rooftop projects, with the help of case studies.
In the case of net metering, end users can generate energy
when the building is not in use (for instance, offices can
generate over weekends and consume on weekdays, schools
can generate over vacations). The surplus is sent to the
Interconnection Options for Solar Rooftop System
DistributionUtility Grid
Gross Metering
Solar Rooftop Plant
Captive Plant
Net Metering
Internal GridElectricity
Meter
he training, conducted at SBI’s training centers in Tboth cities, began with an inaugural ceremony. The
Hyderabad session was attended by Smt. M Jayashree
Reddy (GM & Principal, SBIRB), Shri Deepak Kumar (CGM,
CPPD), Shri Madhukar Ranjan (DGM (R&A), SBIRB), and Smt.
Lalitha Rudrabhatta (DGM, SBIRB). The Master Trainers for
the sessions included Shri Nithyanandam Yuvaraj Dinesh
Babu, who has more than 24 years of experience in climate
change, sustainable development and clean energy projects
and is the team leader of the Technical Assistance Program
for the Grid Connected Rooftop Solar PV (GRPV) Project.
Several sessions were conducted by Mr Arvind Karandikar,
who has 20 years of experience in consulting on PV module
manufacturing, tariff determination and solar power
generation, and Mr Dipankar Bishnoi, a consultant with
experience in over 300MW of Solar power plants and of
training engineers, entrepreneurs and students from more
than 30 countries.
In Gurugram, the inaugural session was attended by Mr. B. K
Srisvastava (AGM, CPPD, Corporate Centre, SBI), Ms. Supriya
Dutta (DGM, PDA), Mr. Vishwanath Ramling (Chief General
Manager, SME Corporate Centre, SBI), and Mr. Bibek
Bandyopadhyay (former MNRE adviser). Mr. Praveen Saxena
(CEO, Skill Council for Green Jobs), who was present at the
Gurugram workshops, said that “SCGJ was pleased to
collaborate with the EY led Consortium on this important
initiative. Smarter financing mechanisms will not only result
in accelerated deployment but also facilitate India’s transition
to a low carbon economy by enabling large-scale integration
of solar rooftop projects into the grid”.
The sessions in Gurugram were conducted by a group of
Master Trainers that included Mr Vaman Kuber, a recipient of
the “50 Most Impactful Global Green Leaders Award,” with
over 8 years of experience in solar power systems design,
testing and monitoring. Other Trainers included Mr Dwipen
Boruah, the Deputy Team Leader of the MNRE-WB-SBI
Solar Rooftop TA Program, who has worked for more than
27 years in renewable energy planning, implementation and
capacity building, and Mr. Tanmay Bishnoi, who has conducted
techno-economic viability assessments for over 200MW
solar PV power plants across the world, and is a Galileo
Master Certificate holder in Renewable Energy.
AGENDA SETTING
4 5
Left to Right: Shri Nithyanandam Yuvaraj Dinesh Babu, Team leader , MNRE-WB-SBI Solar Rooftop TA program Smt. M Jayashree Reddy, GM &Principal , SBIRB, Shri Deepak Kumar CGM , CPPD, Shri Madhukar Ranjan, DGM (R&A), SBIRB, Smt. Lalitha Rudrabhatta ,DGM, SBIRB
Left to Right: Dr. Praveen Saxena (SCGJ), Mr. Binod K Srivastava (SBI), Mr. Vinod Rambling (SBI), Ms. Supriya Dutta (SBI),Dr. Bibek Bandhopadhyay (SBI), Mr. Dwipen Boruah (GSES), Mr. Tanmay (SCGJ)
Array mounting structure - flat RCC roof
Ÿ Technical feasibility approval by Discom – system capacity within regulation permitted limits
Ÿ System design document
Ÿ Roof owner and their NOC, agreement or ownership documents
Ÿ Roof structural strength report by structural engineer
Ÿ Completion certificate from EPC / Installer
Ÿ Product and performance warranty certificates of components
Ÿ Earthing report showing resultant resistivity of earth pit
Ÿ Module mounting structure report – STAAD Pro or similar
Ÿ PPA / Interconnection agreement
Ÿ Licensed electrical contractor / (authorized) Discom engineer / Electrical Inspector certification
he second session was devoted to the major
Tcomponents of a solar project (photo-voltaic modules,
inverters, mounting frames) and their safety protocols.
The third session focused on site feasibility (presence of
shadow-free areas, roof structure and material, availability of
water) and the importance of technical due diligence, including
assessing grid connectivity, obtaining required permits and
clearances and fire and personnel safety.
By the end of these two sessions, the participants were able
to form a checklist of aspects, to be kept in mind while
evaluating a proposal.
he commercial checkpoints included approval of the
Tinstallation under net or gross metering system, the
state grid tariffs, component maintenance and
potential revenue and profits that could be generated from
the system. The technical checkpoints included component
certificate validity, roof structure, area of installation, grid
quality, and the protection and maintenance systems that will
be put in place around the installation. This checklist was put
to use in the next session, where the participants were taken
on a site visit to a solar power plant by their master trainers,
who showed them the various components and functioning
of the plant. On returning, the final session of the day was on
“Business models, contracting framework, associated risks
identification and mitigation techniques”.
he trainers introduced the commercial entities and
Tkey agreements essential to a project,and gave an
overview of different solar PV models across the
world. The Power-Purchase Agreement (PPA) is a contract
between the developer and the consumer, in which the tariff
is predetermined for the entire project tenure. The rooftop
lease/rent agreement decides whether the solar power
consumer has any legal rights over the rooftop. The
participants were then familiarized with various factors, such
as tariffs, finances, insurance, tenure and risks associated with
solar projects, as well as redressal strategies.
6 7
Compliances and Documents necessary for inspectionSolar implementation models
Solar panel installation at the SBI training academy in Gurugram
Array mounting structure - flat RCC roof
Ÿ Technical feasibility approval by Discom – system capacity within regulation permitted limits
Ÿ System design document
Ÿ Roof owner and their NOC, agreement or ownership documents
Ÿ Roof structural strength report by structural engineer
Ÿ Completion certificate from EPC / Installer
Ÿ Product and performance warranty certificates of components
Ÿ Earthing report showing resultant resistivity of earth pit
Ÿ Module mounting structure report – STAAD Pro or similar
Ÿ PPA / Interconnection agreement
Ÿ Licensed electrical contractor / (authorized) Discom engineer / Electrical Inspector certification
he second session was devoted to the major
Tcomponents of a solar project (photo-voltaic modules,
inverters, mounting frames) and their safety protocols.
The third session focused on site feasibility (presence of
shadow-free areas, roof structure and material, availability of
water) and the importance of technical due diligence, including
assessing grid connectivity, obtaining required permits and
clearances and fire and personnel safety.
By the end of these two sessions, the participants were able
to form a checklist of aspects, to be kept in mind while
evaluating a proposal.
he commercial checkpoints included approval of the
Tinstallation under net or gross metering system, the
state grid tariffs, component maintenance and
potential revenue and profits that could be generated from
the system. The technical checkpoints included component
certificate validity, roof structure, area of installation, grid
quality, and the protection and maintenance systems that will
be put in place around the installation. This checklist was put
to use in the next session, where the participants were taken
on a site visit to a solar power plant by their master trainers,
who showed them the various components and functioning
of the plant. On returning, the final session of the day was on
“Business models, contracting framework, associated risks
identification and mitigation techniques”.
he trainers introduced the commercial entities and
Tkey agreements essential to a project,and gave an
overview of different solar PV models across the
world. The Power-Purchase Agreement (PPA) is a contract
between the developer and the consumer, in which the tariff
is predetermined for the entire project tenure. The rooftop
lease/rent agreement decides whether the solar power
consumer has any legal rights over the rooftop. The
participants were then familiarized with various factors, such
as tariffs, finances, insurance, tenure and risks associated with
solar projects, as well as redressal strategies.
6 7
Compliances and Documents necessary for inspectionSolar implementation models
Solar panel installation at the SBI training academy in Gurugram
DAY 2: UNDERSTANDING THETECHNICALITIES OF PROJECTCOSTING & FINANCING
This was the focus of the sixth technical session of the
workshops, on “Energy generation analysis and performance”.
As the Master trainer explained, the inverter components of
solar PV projects are attached to data logging systems, which
record data and produce graphs on parameters such as the
daily energy yield for month / year, daily power generation,
insulation / irradiation, ambient temperature, module
temperature and wind speed. These can then be used to
calculate the performance of a power plant. The performance
ratio can compare the performance of plants that differ in
design, technology and location, as well as detect under-
performing plants.
The next technical session allowed the participants to apply
what they had learned to a real-time case study of a solar
project report. This helped them identify what factors need to
be kept in mind while evaluating a proposal. The final two
sessions of the workshops were on environmental social and
governance, and on SBI’s Solar Rooftop Lending Program and
solar project loan sanction procedures.
For instance, having an Aluminium mounting arrangement on a
sloping roof, as compared to a GI structure on a flat roof, can
reduce cost per kWp by 4%. Similarly, increasing the distance
between the array and inverter can increase the cost per
kWp by 8%. In their presentation, the trainers also brought
out the multiple investment models that are applicable to
solar rooftop projects. The Capex model provides the
working capital, until the system is commissioned and sold to
the customer. The Opex model is a long term investment, in
which the energy is sold to the customer.
As a long term project, solar rooftops do see a decrease in
efficiency, couple with an increase in expenses due to
replacements and maintenance. However, in a case study
utilizing net metering, it was seen that because of an increase
in tariffs, the revenue from energy sales improve over the
years, thus ensuring a steady gross income.
An efficient and accurate way of measuring the decrease in
efficiency of a project, are the performance indicators.
ay 2 began with a technical session on project
Dcosting and financial analysis. The master trainers
took the participants through an item-wise
breakdown of the project costs. They were then introduced
to the fixed and variable costs in a project, as well as the
different factors affecting the system capital costs.
For instance, having an Aluminium mounting arrangement on a
sloping roof, as compared to a GI structure on a flat roof, can
reduce cost per kWp by 4%. Similarly, increasing the distance
between the array and inverter can increase the cost per
kWp by 8%.In their presentation, the trainers also brought
out the multiple investment models that are applicable to
solar rooftop projects. The Capex model provides the
working capital, until the system is commissioned and sold to
the customer. The Opex model is a long term investment, in
which the energy is sold to the customer.
Tanmay Bishnoi from Skill Council of Green Jobs interacting with the SBI participants in Gurugram
Deepanker Bishnoi from Skill Council of Green Jobs conducting the session in Hyderabad
8 9
SBI ofcers participating in the session
DAY 2: UNDERSTANDING THETECHNICALITIES OF PROJECTCOSTING & FINANCING
This was the focus of the sixth technical session of the
workshops, on “Energy generation analysis and performance”.
As the Master trainer explained, the inverter components of
solar PV projects are attached to data logging systems, which
record data and produce graphs on parameters such as the
daily energy yield for month / year, daily power generation,
insulation / irradiation, ambient temperature, module
temperature and wind speed. These can then be used to
calculate the performance of a power plant. The performance
ratio can compare the performance of plants that differ in
design, technology and location, as well as detect under-
performing plants.
The next technical session allowed the participants to apply
what they had learned to a real-time case study of a solar
project report. This helped them identify what factors need to
be kept in mind while evaluating a proposal. The final two
sessions of the workshops were on environmental social and
governance, and on SBI’s Solar Rooftop Lending Program and
solar project loan sanction procedures.
For instance, having an Aluminium mounting arrangement on a
sloping roof, as compared to a GI structure on a flat roof, can
reduce cost per kWp by 4%. Similarly, increasing the distance
between the array and inverter can increase the cost per
kWp by 8%. In their presentation, the trainers also brought
out the multiple investment models that are applicable to
solar rooftop projects. The Capex model provides the
working capital, until the system is commissioned and sold to
the customer. The Opex model is a long term investment, in
which the energy is sold to the customer.
As a long term project, solar rooftops do see a decrease in
efficiency, couple with an increase in expenses due to
replacements and maintenance. However, in a case study
utilizing net metering, it was seen that because of an increase
in tariffs, the revenue from energy sales improve over the
years, thus ensuring a steady gross income.
An efficient and accurate way of measuring the decrease in
efficiency of a project, are the performance indicators.
ay 2 began with a technical session on project
Dcosting and financial analysis. The master trainers
took the participants through an item-wise
breakdown of the project costs. They were then introduced
to the fixed and variable costs in a project, as well as the
different factors affecting the system capital costs.
For instance, having an Aluminium mounting arrangement on a
sloping roof, as compared to a GI structure on a flat roof, can
reduce cost per kWp by 4%. Similarly, increasing the distance
between the array and inverter can increase the cost per
kWp by 8%.In their presentation, the trainers also brought
out the multiple investment models that are applicable to
solar rooftop projects. The Capex model provides the
working capital, until the system is commissioned and sold to
the customer. The Opex model is a long term investment, in
which the energy is sold to the customer.
Tanmay Bishnoi from Skill Council of Green Jobs interacting with the SBI participants in Gurugram
Deepanker Bishnoi from Skill Council of Green Jobs conducting the session in Hyderabad
8 9
SBI ofcers participating in the session
THE PARTICIPANTS’PERSPECTIVES
he two day workshops concluded with a valedictory
Tsession, where the participants were commended, as
well as encouraged to share their knowledge with
their colleagues. Certifying the attendees as Solar Proposal
Evaluation Specialists will facilitate these bankers in providing
loans for grid connected rooftop solar installations in both
residential and commercial buildings. “The sessions were in-
depth, interactive and well-designed. It gave me an opportunity to
interact with the trainers for more clarifications on this most
important topic of GRPV financing,” said Jyoti Yadav, a Deputy
Manager and participant. This was corroborated by all
participants, who felt that the technical know-how they had
received during the workshops had given them the
confidence to assess and finance rooftop projects.
They believed the checklist of important aspects that they
were provided during the workshops, would help the bank
in the evaluation process. In addition, the knowledge of
project details can allow bank officials to encourage
prospective GRPV borrowers. The participants’ viewpoint
was perfectly summed up by Jyoti Yadav, who said that
“through this training, we feel empowered today to contribute
towards India’s energy mission”.
Training and Site Visit
10 11
TRAININGSNAPSHOT
Ms Mani Khurana, Senior Energy Specialist, The World Banksharing her views with the SBI ofcers
Mr Ananda Ganesan, DGM, SBI presenting on the SBI’s rooftop solarnancing scheme to SBI ofcers
Ms Mani Khurana, Senior Energy Specialist, The World Bank giving awaythe participation certicate to one of the SBI ofcers at the valedictory function.
Mr Ananda Ganesan, DGM, SBI giving away the participation certicateto one of the SBI ofcers at the valedictory function
THE PARTICIPANTS’PERSPECTIVES
he two day workshops concluded with a valedictory
Tsession, where the participants were commended, as
well as encouraged to share their knowledge with
their colleagues. Certifying the attendees as Solar Proposal
Evaluation Specialists will facilitate these bankers in providing
loans for grid connected rooftop solar installations in both
residential and commercial buildings. “The sessions were in-
depth, interactive and well-designed. It gave me an opportunity to
interact with the trainers for more clarifications on this most
important topic of GRPV financing,” said Jyoti Yadav, a Deputy
Manager and participant. This was corroborated by all
participants, who felt that the technical know-how they had
received during the workshops had given them the
confidence to assess and finance rooftop projects.
They believed the checklist of important aspects that they
were provided during the workshops, would help the bank
in the evaluation process. In addition, the knowledge of
project details can allow bank officials to encourage
prospective GRPV borrowers. The participants’ viewpoint
was perfectly summed up by Jyoti Yadav, who said that
“through this training, we feel empowered today to contribute
towards India’s energy mission”.
Training and Site Visit
10 11
TRAININGSNAPSHOT
Ms Mani Khurana, Senior Energy Specialist, The World Banksharing her views with the SBI ofcers
Mr Ananda Ganesan, DGM, SBI presenting on the SBI’s rooftop solarnancing scheme to SBI ofcers
Ms Mani Khurana, Senior Energy Specialist, The World Bank giving awaythe participation certicate to one of the SBI ofcers at the valedictory function.
Mr Ananda Ganesan, DGM, SBI giving away the participation certicateto one of the SBI ofcers at the valedictory function
State Bank of India (SBI) is the largest public-sector bank in India. The bank has played a pivotal role in establishing the
organized banking sector in India by offering a wide range of services to individuals as well as businesses. Headquartered
in Mumbai, Maharashtra and after its merger with five of its associate banks it now operates through a network of more
than 24,000 branches and 59,000 ATMs across the country. SBI presents a wide range of products and services for its
customers. It includes savings account, credit cards, fixed deposits, home loan, personal loan, debit card, loan against
property, car loan, gold loan and more.
About State Bank of India
Skill Council for Green Jobs (SCGJ) is the sector skill council supporting National Skill Development Mission and
National Solar Mission, and has been created under the aegis of NSDC and Ministry of Skill Development and
Entrepreneurship (MSDE), Government of India; and promoted by Ministry of New and Renewable Energy (MNRE),
Government of India and Confederation of Indian Industry (CII), with the mandate to develop National Occupational
Standards along with allied course curriculums and courseware to support the training and skill development activity in
the country. Skill Council for Green Jobs is the capacity building and skill development partner under The World Bank
SUPRABHA Technical Assistance Program.
About SCGJ
The Sustainable Partnership for Rooftop Solar Acceleration in Bharat (SUPRABHA) is a USD 13 Million five-year
bilateral program which is led by The World Bank and SBI and implemented in partnership with the Ministry of New and
Renewable Energy (MNRE). SBI has appointed Ernst & Young Consortium as the Project Management Consultant (PMC)
for managing the administration of this five-year TA program. SUPRABHA will be offering Technical Assistance to 14
Partner States (Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, Bihar, Jharkhand, Odisha, Madhya Pradesh,
Chhattisgarh, Rajasthan, Chandigarh and Delhi) towards establishing an enabling ecosystem for accelerated deployment of
grid connected rooftop solar. EY Consortium comprises of EY, SCGJ, IDAM Infrastructure, Emergent Ventures India, GSES
and Edelman.
About SUPRABHA - The World BankSBI Rooftop Solar Technical Assistance Program
12