Solar Energy Corporation of India (SECI) Subsidy for Rooftop Solar Projects

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Gensol Rooftop Solar Installation: Subsidy Advantage Gujarat | Maharashtra | Karnataka | Tamil Nadu www.gensol.in

Transcript of Solar Energy Corporation of India (SECI) Subsidy for Rooftop Solar Projects

GensolRooftopSolarInstallation:SubsidyAdvantageGujarat | Maharashtra | Karnataka | Tamil Nadu

www.gensol.in

Contents

About Gensol

Experience & Case Studies

Understanding Rooftop Solar

Policy: Subsidy & Tax Benefits

Technical: How Solar Works & Equipment Quality

Financial: Payback Calculation

Gensol Group

UnderstandingRooftopSolar:Policy

Indian government has a target of setting up 40,000

MW of Rooftop Solar Projects by year 2022 up from

about 1,000 MW installed till date

Gensol Group

40 X Growth

Target

Government offers Accelerated Depreciation tax benefits for

Solar Project Owners effectively recovering 13% of the

project cost within first year through tax saving.

Tax Benefits

Subsidy

Government has allotted subsidies to Solar

Installers to be passed on to Project Owners

on the basis of their quality and cost.

GENSOL has been allotment subsidy in all

the states it has bid for.

Gujarat Maharashtra

Karnataka Tamil Nadu

UnderstandingRooftopSolar:Subsidy

Gensol Group

Gensol has Subsidy in 4 states

Subsidy is available on following kinds of buildings and sectors as per Ministry’s policies

Gujarat 25 - 500 kW Projects

Maharashtra 0 - 500 kW Projects

Karnataka 0 - 500 kW Projects

Tamil Nadu 25 - 500 kW Projects

UnderstandingRooftopSolar:Technical

Gensol Group

Equipment in Solar Rooftop Project

Solar Modules Solar Modules convert the solar radiation falling on them

into DC Current.

Module Mounting Structures Solar Modules are mounted on Galvanized Iron or

Aluminium based structures designed according to

project’s wind zone.

Solar Inverters Inverters convert DC Current generated by modules into

AC Current typically used in our buildings.

Cables Cables are used to carry current from Modules to inverter

and inverter to building load.

UnderstandingRooftopSolar:Technical

Gensol Group

Gensol works with its trusted Tier 1 Partners to ensure QUALITY in every aspect of execution

Solar Modules •  Warranted for 25 years performance

•  Compliant to IEC 61215, Protection class II, IEC 61730

Module Mounting Structures •  Warranted for 5 years

•  IS 875 Compliant

Solar Inverters •  Warranted for 5 years

•  IEC /CE / VDE / BDEW

Cables •  Warranted for 5 years

•  IS 7098 / IEC 540 / IEC 840 Compliant

UnderstandingRooftopSolar:Financial

Gensol Group

For Typical 100 kW Project

COST (In Rs) 53 Lacs

NET COST AFTER SUBSIDY (in Rs) 41 Lacs

NET COST CONSIDERING ACCELERATED DEPRECIATION BENEFITS 34.85 Lacs

GENERATION PER YEAR 1,57,680 units

TARIFF Rs. 7 Rs. 8 Rs. 9 Rs. 10 Rs. 11

REVENUE (in Rs.) 11 Lacs 12.6 Lacs 14.2 Lacs 15.8 Lacs 17.3 Lacs

EXPENSE (Cost inludes 5 years of O&M) ZERO ZERO ZERO ZERO ZERO

NET SAVINGS 7.3 Lacs 8.3 Lacs 9.4 Lacs 10.4 Lacs 11.5 Lacs

PAYBACK WITH ACCELERATED DEPRECIATION BENEFITS 3.2 Years 2.8 Years 2.5 Years 2.2 Years 2.0 Years

PAYBACK WITHOUT ACCELERATED DEPRECIATION BENEFITS 3.7 Years 3.3 Years 2.9 Years 2.6 Years 2.4 Years

AboutGensol

Solar Advisory Services Solar EPC Services Solar O&M Services

6,490 MW 42 MW 776 MW

Gensol Group

Gensol provides concept to commissioning solar advisory, execution and operations

services for Solar Projects in India and abroad.

103 Projects 65 Execution Engineers71 Design & Supply Chain Engineers

Anmol Singh Jaggi Director +91 7698833311 [email protected]

Imran Naqvi Head of Business Development +91 9327016962 [email protected]

Gurpreet Singh Head of Engineering & Operations +91 9725544301 [email protected]

WhyGensol?

Gensol Group

Best Design Team in India Maintenance & After Sales ServiceLEAST Cost Matters

Gensol – on account of its large

procurement and optimized design –

was the least cost bidder in tender for

subsidy released by Ministry of New &

Renewable Energy.

Having advised over 6.5 GW of solar

power projects in India and designed

solar projects for the likes of ABB and

L&T, projects designed by Gensol

have superior generation across the

country.

Project cost includes 5 years of hassle free

Operation, Maintenance and After Sales

services. Gensol through its JV with Solarig

from Spain is already maintaining 500+ MW

in India including solar projects on Delhi &

Hyderabad International Airports.

SolarEPCCredentials

Roof Mounted SuperstructureGround Mounted

Sunfan Energy UP Ceramics

IlT Kanpur, Welspun Energy 80 Rooftops for Rattan India

Medanta Hospital, Delhi Two Rivers Mall Carport, Kenya

27.5 MW 14 MW 2 MW

27.5 MW Sunfan Energy, Karnataka

4.7 MW across 60 roofs, Rattan India, Madhya Pradesh

2 MW Two Rivers Mall – Carport Solar in Kenya

Gensol Group

SunfanEnergy:CaseStudy

Sunfan Energy – with an allocation of13 projects spread across different districts of Karnataka appointed Gensol for the execution of its entire portfolio. The distributed breath of projects were to come up with Single Axis tracker technology which made it even more challenging, thus leading them to appoint Gensol.

27.5 MW Karnataka

IITKanpur:CaseStudy

Welspun Energy was awarded the contract to construct solar project at IIT Kanpur – one of India’s most prestigious academic institution. The project was to go through scrutiny by Engineering and Project Quality teams at Welspun and IIT Kanpur both. Because of its superior engineering, large team and project management expertise, Gensol was appointed by Welspun to construct the project in record time.

198 kW Uttar Pradesh

MaproFoods:CaseStudy

Based in Wai, Maharashtra, Mapro Foods is a household name for its fruits jams and syrups. Maharashtra has one of the highest electricity costs in the country which prompted Mapro to build one of the first solar projects in Maharashtra in 2013. 350 kW project installed across eight industrial sheds powers its factory with solar power.

350 kW Maharashtra

MedantaHospital:CaseStudy

Medanta Hospital, started by Dr Tehran – world’s most renowned heart surgeon is amongst the best specialty hospitals in the country. The solar project that also serves as car parking was challenging because the hospital runs life sustaining electrical equipment and hence, power could not be be shut down for more than an hour even for project commissioning. Welspun Energy and Medanta trusted Gensol with the engineering and execution challenge again.

500 kW Delhi NCR

India Presence across 18 Indian states with offices at Ahmedabad and Hyderabad Africa Ongoing Projects in Kenya, Chad, Gabon and Sierra Leone. Middle East Ongoing Projects in Iran and Oman. South East Asia Ongoing projects in Indonesia and Philippines

GensolSpread

Ahmedabad Office

Hyderabad Office

Gensol Group

6

19

70

2014 - 15

2015 - 16

2016 - 17*

Revenues in Rs Cr

1000

2500

6678

2014 - 15

2015 - 16

2016 - 17

Projects in MW

30

75

226

2014 - 15

2015 - 16

2016 - 17

Team Size

Gensol has been growing at

3X for the past 2 years.

*Expected

Gensol:BytheNumbers

Gensol Group

Gensol is one of the leading consultants and system integrators for Solar Power Plants. We boast of a portfolio of over 6000 MW of Solar Photovoltaic Plants. Gensol is also a channel partner to Ministry of New & Renewable Energy and installs kW scale Solar Rooftop systems on a turnkey basis with more than 38 MW of cumulative installations across the country. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

Email: [email protected] | Web: www.gensol.in | Phone: +91 7698833311 | Twitter: gensol_tweets

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