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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district.

Andhra Pradesh

CONTENTS

INTRODUCTION ..............................................................................................6
EXECUTIVE SUMMARY .....................................................................................8
PROJECT AT A GLANCE .................................................................................. 13
1
1.1
1.2
1.3
2
2.1
2.2
2.3
2.4
2.5
2.6
2.7
3
3.1
4
4.1
4.2
4.3
4.4
5
5.1
5.2
5.3
5.4
5.5
5.6
6
6.1
6.2
6.1
6.1
6.2
6.3
6.4
6.5

NEED AND JUSTIFICATION FOR THE PROJECT ....................................15


INTRODUCTION ............................................................................................................................. 15
POWER SCENARIO IN INDIA .......................................................................................................... 16
JUSTIFICATION FOR THE PROJECT .................................................................................................. 22
DETAILS ABOUT THE PROPOSED PROJECT LOCATION IN ANANTAPUR
DISTRICT ............................................................................................ 25
INTRODUCTION ............................................................................................................................. 25
AREA AND POPULATION IN ANANTAPUR DISTRICT ................................................................... 25
RAINFALL AND CLIMATE ............................................................................................................. 26
TEMPERATURE.............................................................................................................................. 26
PROPOSED PROJECT LOCATION.................................................................................................. 27
LAND REQUIREMENT AND LAYOUT OF THE PROPOSED PROJECT .............................................. 29
LAND AVAILABILITY AND ACQUISITION FOR THE PROJECT ....................................................... 30
RADIATION DATA AND PROJECTED POWER GENERATION FROM THE
PROJECT ACTIVITY .............................................................................31
SIMULATION REPORT OF THE POWER PLANT ............................................................................. 33
SELECTION OF TECHNOLOGY ..............................................................37
EXISTING SOLAR PHOTOVOLTAIC TECHNOLOGIES .................................................................. 37
THIN FILM MODULES ................................................................................................................... 38
COMPARISON BETWEEN CRYSTALLINE, THIN FILM AND CPV.................................................. 38
TECHNOLOGIES ........................................................................................................................... 38
CONCLUSION ON SELECTION OF TECHNOLOGY ......................................................................... 39
POWER PLANT DESIGN CRITERIA .......................................................40
DESIGN AND SIMULATION PROJECTIONS BY PVSYST ............................................................ 40
PV POWER PLANT ENERGY PRODUCTION ................................................................................. 41
PV POWER PLANT CAPACITY FACTOR ......................................................................................... 41
SELECTION OF INVERTER AND COMPONENTS ........................................................................... 42
SELECTION OF MONITORING SYSTEM ....................................................................................... 42
DESIGN CRITERIA FOR CABLES AND JUNCTION BOXES AND ................................................... 43
DESCRIPTION OF MAJOR COMPONETS OF THE POWER PLANT ............44
SOLAR PV MODULES ................................................................................................................... 45
CENTRAL INVERTORS .................................................................................................................. 45
MODULE MOUNTING SYSTEM ...................................................................................................... 47
GRID CONNECTED EQUIPMENTS ................................................................................................. 48
MONITORING SYSTEM ................................................................................................................ 48
CABLES AND CONNECTORS......................................................................................................... 49
BUILDINGS HOUSING FOR ELECTRONICS (POWER HOUSE) ..................................................... 50
OTHER FACILITIES INCLUDING WATER ...................................................................................... 51

SPECIFICATION OF MAIN PLANT AND EQUIPMENT .............................52

POWER EVACUATION AND INTERFACING WITH GRID ........................58

8.1

POWER EVACUATION SYSTEM .................................................................................................... 58

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

8.2
8.3
8.4
8.5
8.6
8.7
8.8

TRANSFORMERS........................................................................................................................... 59
HT, LV & 11KV METERING PANEL .......................................................................................... 60
CABLES ........................................................................................................................................ 61
LT POWER CABLES ..................................................................................................................... 61
CONTROL CABLES ........................................................................................................................ 61
POWER EVACUATION CABLE ...................................................................................................... 62
GRID SYNCHRONIZATION SCHEME............................................................................................ 62

OPERATION AND MAINTENANCE REQUIREMENTS ...............................63

9.1
9.2
9.3
9.4
9.5
9.6
9.7
9.8

DC SIDE OF THE POWER PLANT ................................................................................................. 63


AC SIDE OF THE POWER PLANT .................................................................................................. 63
MODE OF OPERATION ................................................................................................................. 64
MAINTENANCE REQUIREMENTS .................................................................................................. 65
SPARE PARTS MANAGEMENT SYSTEM ......................................................................................... 65
MAINTENANCE OF O & M MANUALS.......................................................................................... 66
OPERATION & MAINTENANCE ORGANIZATION OF THE PLANT ................................................. 66
TRAINING ..................................................................................................................................... 67

10

ENVIRONMENTAL PROTECTION AND WASTE MANAGEMENT ...............68

11

OPERATION & MAINTENANCE ORGANIZATION OF THE POWER PLANT 70

11.1
11.2
11.3
11.4
11.5
11.6
11.7
12

TRAINING ..................................................................................................................................... 71
PLANT OPERATION ORGANIZATION CHART .............................................................................. 72
PROJECT IMPLEMENTATION STRATEGY ...................................................................................... 73
PROJECT DEVELOPMENT ............................................................................................................. 73
FINALIZATION OF THE EQUIPMENTS AND CONTRACTS ............................................................ 73
PROCUREMENT AND CONSTRUCTION......................................................................................... 74
ERECTION AND COMMISSIONING PHASE .................................................................................. 75
PROJECT COST ESTIMATE AND FINANCIAL ANALYSIS ........................76

12.1
12.2
12.3
12.4

PLANT OPERATION ...................................................................................................................... 77


SALABLE ELECTRICITY ................................................................................................................ 78
SALE PRICE OF ELECTRICITY...................................................................................................... 78
SALE PRICE OF CARBON CREDITS .............................................................................................. 78

LIST OF TABLES:
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table

1-1: Installed Capacity in MW in India at the End of 10th Plan ___________________17


1-2: Installed Capacity in MW in India as of 31 Mar 2010 _______________________17
1-3: Actual Power Supply Position _______________________________________________18
1-4: Capacity Addition during 11th Plan (As Per Planning Commission) __________18
1-5: Likely Power Supply Position at the End of 2010-12 ________________________18
1-6: Installed capacity of all states as on 31.03.2010 (in MW) __________________19
1-7: Installed Capacity in MW in Andhra Pradesh at the End of 10th Plan ________19
1-8: Installed Capacity in MW in Andhra Pradesh as of 31 Mar 2010 ____________20
1-9: Actual Power Supply Position _______________________________________________20
1-10: Projects planned for 11th Plan _____________________________________________20
1-11: Likely Power Supply Position at the End of 2010-12 _______________________21
1-12: Likely Capacity Addition During 11th Plan __________________________________21
1-13: Peak & Energy Table ______________________________________________________21
3-1: Temperature details considered for design: ________________________________32
7-1: Bill of materials _____________________________________________________________52
7-2: Technical specification of proposed solar modules at STC __________________53
7-3: Specifications of module mounting structure _______________________________53
7-4: Cables speficification _______________________________________________________54
7-5: Invertors specification ______________________________________________________54
7-6: Transformer specification at 33 kV side ____________________________________55

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table
Table
Table
Table
Table
Table
Table

7-7: Transformer specification for grid interfacing at 33/132 kV _________________56


7-8: Monitoring system specification ____________________________________________57
12-1: Project Cost Estimate _____________________________________________________76
12-2: Assumptions supporting financial projections _____________________________80
12-3: Estimation of Depreciation ________________________________________________82
12-4: Projected Profitability,Balance Sheet,CF, IRR ands WC ____________________84
12-5: Project Debt Service Coverage Ratio (DSCR) ______________________________88

List of Figures:
Figure
Figure
Figure
Figure

1:
2:
3:
4:

Location map of Anatapur district in India: ............................................................. 28


Map showing proposed project site within Anantapur ......................................... 28
Typical module mounting structure: .......................................................................... 47
Grid-Connect equipments ............................................................................................... 48

Annexure
1

Project site Photographs

Land ownership details of the proposed project

Contour map of the project site

Schematic diagram showing 5MWp Solar PV Plant Layout

Schematic of Control Room Layout

Schematic of earthing layout

Power Evacuation Scheme 5MWp to 33/132 kV substation

Incorporation certificate of Saisudhir Energy Limited

Memorandum and Articles of Association of Saisudhir Energy Limited

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

ABBREVIATIONS
General
AB
ACB
AC

Air Breaker
Air Circuit Breaker
Alternate current

ACSR

Aluminum Conductors Steel Reinforced

BOS

Balance of the System

CO2

Carbon Dioxide

CIS

Copper Indium Selenium

CT

Current Transformer

DAS

Data Acquisition System

DC

Direct Current

DP

Double Pole

DPR
APTRANSCO

Detailed Project Report


Andhra Pradesh Transmission Corporation

HT

High Tension

LT

Low Tension

LV

Low Voltage

MNRE

Ministry of New and Renewable Energy

kWh

Kilo Watt Hour

NO2

Nitrous Oxide

MCB

Main Combiner Box / Miniature Circuit


Breaker

MFM

Multi Function Meters

PLF

Plant Load Factor

PFC

Power Finance Corporation

PPA

Power Purchase Agreement

PV

Photo Voltaic

PT

Power Transformer

SEB

State Electricity Board

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

SO2

Sulphur Dioxide

SP

Single Pole

VCB

Vacuum Circuit Breaker

XLPE

Cross Linked Polyethylene

Units

Percentage

Degree Centigrade

Hour

Ha

Hectare

Kg

Kilogram

kV

Kilo-Volt

kW

kilo Watt

kWe

kilo Watt electrical

kWp

kilo Watt peak

Lt

Liter

Meter

m2

Square meter

m3

Cubic meter

Mg

milli gram

Mm

milli meter

MW

Mega Watt

MWe

Mega Watt electrical

Tons

Tons

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

INTRODUCTION
As the world broadens its portfolio of power options to meet growing energy
demands and increasingly stringent environmental concerns, solar power is
emerging as an attractive option. Of all the routes for conversion of solar into
useful energy, direct conversion of sunlight to electricity through solar
photovoltaic

technology

is

well

accepted.

Solar

photovoltaic

has

been

recognized as an important route for generation of substantial quantities of grid


quality power by utilizing the light energy of solar radiation.

SAISUDHIR

Energy

Limited

(SSEL)

group

company

of

SAISUDHIR

Infrastructures Limited is intent to develop solar photovoltaic power plant of


(SPV) power project at Veerapuram village of Anatapur district, in the State of
Andhra Pradesh.
SSEL intend to setup grid interactive solar power project based on Copper
Indium Selenium (CIS) modules also called as thin film modules. The project
activity is to install grid connected 5 MW solar power project. The full power
rating of the solar power plant shall be 5.0 +5% and -0% MW DC at standard
test conditions (STC) of 1000 W/sq meter sunlight and 25 degree centigrade.
The project is selected to install CIS modules which comply with IEC 61646 for
quality and IEC 61730 safety standards.

The project site proposed is in Veerapura village of Anatapur district in Andhra


Pradesh. The total land area required for the project is about 25 acres. The
company already acquired the land required for the project.

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

The project envisages an investment of approx. Rs 650 million for the


installation of 5 MW solar power plant which would provide quantity power with
a power purchase price signed with NTPC's Vidyut Vyapar Nigam Ltd or NVVN
which is the designated Nodal Agency under Jawaharlal Nehru National Solar
Mission (JNNSM) for procuring the solar power by entering into a Power
Purchase Agreement (PPA) with Solar Power Generation Project Developers. In
addition, the Power Project would generate direct and indirect employment
opportunities; create of civic facilities for establishment of ancillary industries.

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

EXECUTIVE SUMMARY
1.

The average per capita consumption of energy in India is around 612 kW,
which is much lower than that of the developed countries like USA,
Europe, Australia, Japan etc. However, this figure is expected to rise
sharply due to high economic growth and rapid industrialization. Energy
is a necessity and sustainable renewable energy is a vital link in
industrialization and development of India. A transition from conventional
energy systems to those based on renewable resources is necessary to
meet

the

ever

increasing

demand

for

energy

and

to

address

environmental concerns.

2.

Thus, the present scenario needs for addition of major renewable energy
sources of energy for overall economic development of the country.

3.

Solar

Photovoltaic

Power plant operates on the principle of

the

photoelectric phenomenon - direct conversion of light to electricity. The


solar radiation incident upon a silicon-based semiconductor photovoltaic
cell produces direct electric current.

4.

Photovoltaic cells are integrated into modules with a voltage of 6 - 12 V;


the electrically interconnected modules form solar systems with an output
voltage of 230 V.

5.

Saisudhir Energy Limited (SSEL) is an SAISUDHIR Infrastructures group


company. Saisudhir Infrastructures Limited is one of the fastest growing
ISO 9000 infrastructure companies having nationwide network for its
8

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Construction

services

in

the

field

of

Water,

Power,

Buildings

Infrastructures, Solid Waste Management and Irrigation etc.,

6.

SAISUDHIR builds the high-voltage electric transmission system that


helps to keep the lights on, business running and communities strong.
The company has played a major role in the complete preparation,
analysis, design, construction management and inspection of energy
structures, high voltage transmission lines and distribution systems
across the country.

7.

SAISUDHIR has an in-house capability for designing Transmission Line


Towers & Switchyard Structures.

8.

SAISUDHIR energy proposed to install a 5 MW Solar Photovoltaic (SPV)


power plant under phase I of Jawaharlal Nehru National Solar Mission
(JNNSM) of new grid connected projects. The generated electricity will be
sold to NVVN with a long term Power Purchase Agreement (PPA). The
company has already entered into a PPA agreement with NVVN.

9.

This report highlights the details of the proposed power generation


scheme, site facilities, solar radiation in the proposed site location and
water, evacuation of generated power, features of main plant and
equipment

including

the

inverter

system,

electrical

systems,

environmental aspects, estimate of capital cost and the financial analysis


and the schedule for project implementation.

10.

The proposed 5 MW power plant would require about 25 acres of land.


The company already acquired the land required for the project.
9

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

11.

The plant is designed with an availability factor of 100%. The plant will
generate about 9.63 million units per year at the module array terminals,
after the losses in the system about 9.32 million units will be available at
the grid terminals which will amount to a plant load factor of about
21.28 %. The project site was selected on the basis of:

Availability of good solar insulation

Availability of uninhabited land at a reasonable cost

Availability of stable grid near to the project site

High Power Demand in the State

Availability of good infrastructural facility including road and rail


connection

12.

The power generated at 11kV from the power plant will be stepped-up to
33 kV level and connected to APPCL sub-station at Raydurg, which is
about 10 km from the project site. The total power produced is envisaged
as 9.63 million units at the PV array. After the losses the net available
energy for supplying to the grid is about 9.32 million units. Thus, the net
salable electricity to the grid works out to 9.32 million units. The plant is
envisaged to operate 365 days at a plant load factor (PLF) of 21.28%.
The transmission line required from the SSEL 5 MW plant site to the
substation will be laid by the project promoters.

13.

The power plant will comprise of IEC 61646 modules of CIS thin film
modules with aluminum frame of 41,600 nos , which will work out to 5
MW +5% and -0% for accounting the DC losses (each module of 130 Wp
capacity), 5200 nos of PV system mounting structures (strings) made out
10

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

of MS galvanized steel with 8 module structure, fixed tilt type, 80 nos of


array junction boxes, Power conditioning unit (inverter) 10 nos of 500
kVA, 1.25 MVA transformer 5 nos, 6.5 MVA transformer 1 no for
interfacing with grid, LT and HT Panel and protection and metering,
cables and earthing system set.

14.

The net energy sales from the plant workout 9.32 million units. The
entire energy will be sold to NVVN through APTransco grid. The financial
analysis is made with a levelised power purchase price of Rs. 12.00 /
kWh.

15.

The total cost of generation includes the insurance cost, repairs and
maintenance, cost of administration, salaries and wages, cost of utilities.

16.

The total installed project cost including civil, mechanical and electrical,
preoperative expenses and the contingency works out to Rs 650 million.

17.

The solar power plant reduces contribution to atmospheric carbon-dioxide vis--vis fossil fuel generation. The project helps solar radiation
into useful electricity, adding to the sustainability of the project and the
local environment. Thus, the project meets the UNFCCC norms set to
qualify for obtaining CDM benefits. The project is envisaged to register
with UNFCCC for availing the CDM benefits.

18.

The term loan requirement from the financial institution works out to
455.00 (70% of the project cost) million. It is assumed that the term
loan will be repaid in 13 years in quarterly installments, with an initial

11

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

moratorium period of 1 year. The equity from SSIL will be Rs 195.00


million. The interest rate for the term loan is considered as 11.50 %.

19.

The depreciation computed is on straight line basis.

20.

Income tax at the rate of 32.45% % is considered in the financial


analysis. The benefits available under Section 80 IA, for power projects
have been taken into consideration in the financial analysis while
calculating the income tax liability. The post tax Project Internal Rate of
Return (IRR) works out to 13.63% and Post tax Equity IRR works out to
18.89%.

21.

The project also generates Clean Development Mechanism (CDM)


revenue with reduction at 1% in the subsequent years. If we consider the
revenue from sale of carbon credits with a minimum price of 12 per
CER, the project generates additional revenue of about INR 7.5 million,
which will add to the profitability of the project.

22.

Minimum Project Debt Service Coverage Ratio (DSCR) will work out to
1.35 and average DSCR will work out to 1.65.

12

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

PROJECT AT A GLANCE
1

Project Authority

SAISUDHIR Energy Limited

Project Installed Capacity

Selected Location

Nearest Major Towns

Anantapur

Seismic Zone

Zone-4 as per IS 1893-1984.

Access by Bus

Well Connected, buses are Operated by


Andhrapradesh State Road Transport
Corporation (APSRTC)

Nearest Airport

Bangalore International Airport (BIAL)

Access by Rail

Solar module type

5 MW +5% and 0% Solar Photovoltaic


Power Plant
T.Veerapuram
Village,
Anantapur
District.

Anantapur Railway Station is on the


Bangalore-Hydrabad line.
Copper Indium Selenium (CIS) Thin film
modules

10

Capacity of each module

130 Wp

11

No. of modules

41,600 Nos

12

PV System Mounting Structure type

MS Galvanised(> 70 micron)

13

Module mounting structure type

8 Module mounting structure

14

No. of module mounting structures

5,200 Nos.

15

No. of Array junction boxes

80 Nos.

16

Power conditioning Unit (Invertor)


capacity

500 kVA

17

Power conditioning Unit specifications

Input voltage range 450-900V

18

No. of invertors

10 Nos.

19

Invertors make

AEG or equivalent

20

1.25 MVA Transformer

5 Nos

21

6.5 MVA Transformer

1 No.

13

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

22

LT Panel with protection & metering

5 Nos.

23

LT Panel with protection & metering

2 Nos

24

Cables and earthing systems

1 set

25

Gross Power Generation (kW)

5000 +5% and -0%

27

Net exportable power at 33 kV to


nearest grid substation(kW)

9.32 million units

28

Power Purchase tariff with NVVN in `

12.00

29

Plant Load Factor

21.28%

30

Total Project cost (Rs. In millions)

650

31
32
33

Preliminary
and
pre-operative
30.00
expenses (Rs. In millions)
Equity from Promoters
195.00
(Rs. In millions)
Term loan from Financial Institutions
455.00
(Rs in millions)

34

Interest on term loan

11.50%

35

Project IRR (post tax)

13.63 %

36

Equity IRR (post tax)

18.89 %

37

Plant Commissioning Date

Dec 2011

38

Land requirement
Module area

39

Land Development

25 Acres
51,089 m2
The entire station will be laid at a
uniform level.

TECHNICAL FEATURES
40

Power Evacuation

Through 33/132kV Transmission lines


Raydurg substation located 10km from
project site.

OTHER FACILITIES
41

Mode of Implementation

42

Project Time Frame

Through EPC (Engineering, Procurement


and Construction) or thru split contracts.
Twelve (12) months from the date of
signing PPA with NVVN

PROJECT COST
43

Project Cost

Present day cost including, financing


charges and margin money.
Rs.650 million.
14

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

1 NEED AND JUSTIFICATION FOR THE PROJECT


1.1 Introduction
India with 17 percent of the world population and just 0.8 per cent of the
worlds known oil and natural gas resources is going to face serious energy
challenges

in

the

coming

decades.

Besides

energy

independence,

the

devastating impact of climate change has become an issue of critical


importance. Energy production using fossil fuels is the major contributor to
greenhouse gas emissions. Hence, transition to a low-carbon energy economy is
the real solution for mitigating the impact of climate change.

India has huge potential for producing electricity from renewable sources. The
achievement so far is about 17,222 (as on 31.03.2010) MW, as against global
installed capacity of approximately 2,00,000 MW of renewable electricity
generation. While Indias achievement is commendable, it is necessary for us to
keep pace with the fast growth in developed countries.

There are three imperatives that necessitate a transition to a sustainable energy


system in the 21st century: They are Climate change and its potentially
disastrous consequences. Peaking of production, depletion and extinction of
fossil fuels and Energy Autonomy and Independence.

The single biggest reason for global warming is the burning of fossil fuels. So
the solution lies in effecting an accelerated transition to a low carbon energy
economy,

which means

large scale development of

renewable

energy.

Fortunately there are several emerging technologies that will facilitate this.
15

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Peaking of production of all fossil fuels (viz. oil, gas and coal) in the next two
decades and gradual extinction of these resources is an accepted scientific fact.
Even assuming that they would be available, India, which is already dependent
on their import, would become more and more import dependent. The financial
implications of large scale imports would destroy our economy and necessitate
strategies to move towards energy autonomy or independence.
The conversion of solar energy to electricity displaces an equivalent amount of
grid power, which would otherwise be produced by grid connected fossil fuel
dominated power plants. Grid power is comprised of a large share of fossil fuel
based generation systems.

1.2 Power Scenario in India


As per Section73(a) of the Indian Electricity Act-2003, CEA has been carrying
out periodic electric power survey to project state-wise and region-wise power
plans together with assessment of peaking power and energy surpluses /
deficits. The estimate prepared by the CEA is revised and updated from time to
time taking into account the actual growth rates achieved. The Reports and
National Electricity Plan prepared by CEA i.e. Report on (17th) Electric Power
Survey of India published in August 2007, Draft National Electricity PlanTransmission published in 2005 and Power Scenario at a glance published in
April 2010 have been referred for carrying out demand analysis of the State of
Andhra Pradesh and other regions.
Load forecast/Availability of power for 2003-2012 for the State of Eastern,
Northern, Western, Southern and North-Eastern region have been given below
which shows that surplus amount of power will be available for the North-East
16

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

region while other regions i.e. Northern, Western and Southern will expect a
shortage of power at the end of 11th Plan i.e. 2011-12. Actual power scenario
of are as follows in terms of:

Installed Capacity

Actual Supply/Generation.

Likely capacity addition.


Table 1-: Installed Capacity in MW in India at the End of 10th Plan
INSTALLED CAPACITY (AT THE END OF 10TH PLAN) (FIGURES IN MW)

Sector

Hydro

STATE

26,005.7

41,731.6

R.E.S. Total
(MNRE)

Diesel

Thermal
Total

Nuclear

Gas
3,729.8

604.6

46,066

0.0

975.7 73,047.4

Coal
PRIVATE

1,230.0

4,241.4

4,183.0

597.1

9,021.5

0.0

6,784.8 17,036.3

CENTRAL

7,418

25,118.3

5,809.0

0.0

30,927.3

3,900.0

0.0 42,245.3

34,653.7

71,091.3

13,721.8

1,201.8

86,014.8

3,900.0

7,760.5 1,32,329

TOTAL

Table 1-: Installed Capacity in MW in India as of 31 Mar 2010


INSTALLED CAPACITY AS ON 31.03.2010 (FIGURES IN MW)
Sector
STATE
PRIVATE
CENTRAL
TOTAL

Hydro
27,065.00
1,233.00
8,565.40
36,863.40

Thermal
Coal
44,977.00
8,056.38
31,165.00
84,198.38

Gas
4,046.12
6,307.50
6,702.23
17,055.85

Nuclear
Diesel
602.61
597.14
0.00
1,199.75

Total
49,625.73
14,961.02
37,867.23
1,02,453.98

0.00
0.00
4,560.00
4,560.00

R.E.S
(MNRE)
2,701.12
12,819.99
0.00
15,521.11

Total
79,391.85
29,014.01
50,992.63
1,59,398.49

17

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table 1-: Actual Power Supply Position


ACTUAL POWER SUPPLY POSITION
9 Period

Peak
Demand
(MW)

Peak Met
(MW)

9TH PLAN END


2002-03
2003-04
2004-05
2005-06
2006-07
2007-08
2008-09
APR,09
MAR ,2010

78,441
81,492
84,574
87,906
93,255
1,00,715
1,08,866
1,09,809
1,18,472
1,18,472

69,189
71,547
75,066
77,652
81,792
86,818
90,793
96,685
1,02,725
1,02,725

Peak
Deficit/
Surplus
(MW)
-9,252
-9,945
-9,508
-10,254
-11,463
-13,897
-18,073
-13,124
-15,748
-15,748

Peak
Deficit/
Surplus
(%)
-11.8
-12.2
-11.2
-11.7
-12.3
-13.8
-16.6
-12
-13.3
-13.3

Energy
Requirment
(MU)
5,22,537
5,45,983
5,59,264
5,91,373
6,31,757
6,90,587
7,39,345
7,74,324
8,30,300
76,493

Energy Avail-Energy
ability (MU) Deficit/
Surplus
(MU)
4,83,350
-39,187
4,97,890
-48,093
5,19,398
-39,866
5,48,115
-43,258
5,78,819
-52,938
6,24,495
-66,092
6,66,007
-73,338
6,89,021
-85,303
7,46,493
-83,807
67,513
-8,980

Energy
Deficit/
Surplus
(%)
-7.5
-8.8
-7.1
-7.3
-8.4
-9.6
-9.9
-11
-10.1
-11.7

NOTE :- PEAK DEMAND - 121891 MW , ENERGY REQUIREMENT - 794561 MU FOR THE YEAR
2008-2009(AS PER 17TH EPS REPORT),OCCURENCE OF PEAK AS PER ACTUAL POWER SUPPLY
POSITION IN THE MONTH(S) - MARCH & OCTOBER
SOURCE:- DMLF DIVISION

Table 1-: Capacity Addition during 11th Plan (As Per Planning Commission)

CAPACITY ADDITION DURING 11TH PLAN (AS PER PLANNING COMMISSION TARGET)
Thermal
Nuclear Wind Total
Sector
Hydro
Coal
Gas
Diesel Total
STATE
PRIVATE
CENTRAL
TOTAL

3,482.0
3,491.0
8,654.0
15,627.0

19,985.0
9,515.0
23,350.0
52,850.0

3,316.4
2,037.0
1,490.0
6,843.4

0.0
0.0
0.0
0.0

23,301.4
11,552.0
24,840.0
59,693.4

0.0
0.0
3,380.0
3,380.0

0.0
0.0
0.0
0.0

26,783.4
15,043.0
36,874.0
78700.4*

NOTE :- * AS PER ACTUAL ORDERS , THE CAPACITY COMES TO 78900.4 MW

Table 1-: Likely Power Supply Position at the End of 2010-12


LIKELY POWER SUPPLY POSITION AT THE END OF 2011-12 (DEMAND AS PER 17TH EPS)
Period

2011-12

Peak
Demand
(MW)
1,52,746

Peak
Energy Requi- Energy
Peak
rment (MU)
AvailDeficit/
Deficit/
ability
Surplus Surplus
(MW)
(%)
(MU)
1,42,765
-9,981
-6.5 9,68,659
9,48,836
Peak
Met
(MW)

Energy
Deficit/
Surplus
(MU)
-19,823

Energy
Deficit/
Surplus
(%)
-2.0

18

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table 1-: Installed capacity of all states as on 31.03.2010 (in MW)


S.No
.

STATES

HYDRO

THERMAL
GAS
DIESEL

COAL

NUCLEAR

R.E.S

TOTAL

TOTAL

CHANDIGARH

46.74

27.09

15.32

0.00

42.41

8.84

0.00

97.99

2
3

DELHI
HARYANA

581.62
1,327.68

2,602.96
3,017.99

808.01
535.29

0.00
3.92

3,410.97
3,557.20

122.08
109.16

0.00
76.50

4,114.67
5,070.54

4
5

H.P.
J&K

1,539.94
1,480.53

118.30
263.70

61.88
304.14

0.13
8.94

180.31
576.78

34.08
77.00

275.83
129.33

2,030.16
2,263.64

PUNJAB

2,962.89

3,208.19

263.92

0.00

3,472.11

208.04

278.90

6,921.94

7
8

RAJASTHAN
U.P.

1,454.80
1,597.42

4,149.48
6,912.84

665.03
549.97

0.00
0.00

4,814.51
7,462.81

573.00
335.72

926.15
587.70

7,768.46
9,983.65

9 UTTRAKHAND
10 CHATTISGARH

1,919.18
120.00

261.26
4,383.00

69.35
0.00

0.00
0.00

330.61
4,383.00

22.28
47.52

132.92
218.95

2,404.99
4,769.47

11 GUJARAT
12 M.P.

772.00
3,223.66

7,008.89
4,282.10

3,894.49
257.18

17.48
0.00

10,920.86
4,539.28

559.32
273.24

1,655.91
287.86

13,908.09
8,324.04

13 MAHARASHTRA

3,331.84

11,203.05

3,715.93

0.00

14,918.98

690.14

2,437.97

21,378.93

0.00
0.00

277.03
19.04

48.00
4.20

0.00
0.00

325.03
23.24

25.80
7.38

30.05
0.00

380.88
30.62

16 D&N HAVAILI
17 A.P.

0.00
3,617.53

22.04
6,259.88

27.10
2,580.40

0.00
36.80

49.14
8,877.08

8.46
214.28

0.00
700.51

57.60
13,409.40

18 KARNATAKA
19 KERALA

3,599.80
1,781.50

3,902.67
765.38

220.00
533.58

234.42
256.44

4,357.09
1,555.40

195.36
78.10

2,234.09
138.76

10,386.34
3,553.76

20 T.N

14 GOA
15 D&D

2,108.20

5,519.81

1,026.30

411.66

6,957.77

478.50

4,865.51

14,409.98

21 P.CHURY
22 D.V.C

0.00
193.26

207.01
3,563.10

32.50
90.00

0.00
0.00

239.51
3,653.10

16.28
0.00

0.00
0.00

255.79
3,846.36

23 BIHAR
24 JHARKHAND

129.43
200.93

1,661.70
1,737.88

0.00
0.00

0.00
0.00

1,661.70
1,737.88

0.00
0.00

54.60
4.05

1,845.73
1,942.86

25 ORISSA

2,166.93

1,828.10

0.00

0.00

1,828.10

0.00

64.30

4,059.33

26 SIKKIM
27 W.BENGAL

75.27
1,116.30

68.10
6,756.34

0.00
100.00

5.00
12.20

73.10
6,868.54

0.00
0.00

47.11
164.70

195.48
8,149.54

28 ARP.P.
29 ASSAM

97.57
429.72

0.00
60.00

21.05
441.32

15.88
20.69

36.93
522.01

0.00
0.00

67.42
27.11

201.92
978.84

30 MANIPUR
31 MEGHALYA

80.98
230.58

0.00
0.00

25.96
25.96

45.41
2.05

71.37
28.01

0.00
0.00

5.45
31.03

157.80
289.62

32 MIZORAM

34.31

0.00

16.28

51.86

68.14

0.00

28.47

130.92

33 NAGALAND
34 TRIPURA

53.32
62.37

0.00
0.00

19.19
160.84

2.00
4.85

21.19
165.69

0.00
0.00

28.67
16.01

103.18
244.07

35 A&N ISLAND
36 LAKSHDEEP

0.00
0.00

0.00
0.00

0.00
0.00

60.05
9.97

60.05
9.97

0.00
0.00

5.25
0.00

65.30
9.97

Table 1-: Installed Capacity in MW in Andhra Pradesh at the End of 10th Plan

Sector

INSTALLED CAPACITY (AT THE END OF 10th PLAN (FIGURES IN MW)


Hydro
Thermal
Nuclear
R.E.S.
(MNRE)
Coal
Gas
Diesel
Total

Total

STATE

3,582.6

3,132.5

272.3

0.0

3,404.8

0.0

103.0

7,090.3

PRIVATE

3.8

0.0

1,603.4

36.8

1,640.2

0.0

283.4

1,927.4

CENTRAL

0.0

2,378.0

0.0

0.0

2,378.0

152.5

0.0

2,530.5

TOTAL

3,586.3

5,510.5

1,875.7

36.8

7,423.0

152.5

386.4

11,548.2

19

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table 1-: Installed Capacity in MW in Andhra Pradesh as of 31 Mar 2010

Sector

Thermal
Gas
Diesel

Hydro
Coal
3,617.53
0.00
0.00
3,617.53

STATE
PRIVATE
CENTRAL
TOTAL

3,882.50
0.00
2,377.38
6,259.88

0.00
2,580.40
0.00
2,580.40

0.00
36.80
0.00
36.80

Nuclear
Total
3,882.50
2,617.20
2,377.38
8,877.08

0.00
0.00
214.28
214.28

R.E.S.
(MNRE)
188.43
512.08
0.00
700.51

Total
7,688.46
3,129.28
2,591.66
13,409.40

Table 1-: Actual Power Supply Position


Peak
Demand
(MW)

Period

Peak
Met
(MW)

Peak
deficit/
Surplus
(MW)

Peak
Deficit/
Surplus (
%)

Energy
Requirment
(MU)

Energy
Availability
(MU)

Energy
Energy
Deficit/
Deficit/
Surplus Surplus (
%)
(MU)

9TH PLAN END


2002-03

8,585
8,491

6,873
6,858

-1,712
-1,633

-19.9
-19.2

48,394
47,258

44,302
44,049

-4,092
-3,209

-8.5
-6.8

2003-04
2004-05
2005-06

8,679
8,093
8,999

7,769
7,903
8,542

-910
-190
-457

-10.5
-2.3
-5.1

48,080
50,416
53,030

46,680
50,061
52,332

-1,400
-355
-698

-2.9
-0.7
-1.3

2006-07
2007-08
2008-2009
APR,09-MAR10

10,208
10,048
10,823
12,135

8,641
9,162
9,997
10,880

-1,567
-886
-826
-1,255

-15.4
-8.8
-7.6
-10.3

60,964
64,139
71,592
79,014

58,280
61,511
66,754
73,784

-2,684
-2,628
-4,838
-5,230

-4.4
-4.1
-6.8
-6.6

MAR 2010

12,135

10,880

-1,255

-10.3

7,929

7,040

-889

-11.2

Table 1-: Projects planned for 11th Plan


PROJECTS PLANNED FOR XITH PLAN (STATE/PRIVATE/CENTRAL SECTOR) INCLUDING BEST
EFFORT
PROJECTS

CAPACITY LIKELY YEAR /


(MW)
DATE OF
COMMISSIONIN
G

PROJECT

AGENCY

STATUS

TYPE

SIMHADRI-EXT U-3,4

NTPC

Under Construction

COAL

SUB TOTAL Central sector

JURALA PRIYA

U1,2

APGENCO

Commissioned

HYDRO

78

31.08.2008

JURALA PRIYA

U,3

APGENCO

Commissioned

HYDRO

39

07.06.2009

JURALA PRIYA

U 4-6

APGENCO

Under Construction

HYDRO

117

2010-11

NAGARJUNA SAGAR TR

APGENCO

Under Construction

HYDRO

50

2010-12

PULICHINTALA

APID

Under Construction

HYDRO

120

2010-12

RAYALSEEMA U4

APGENCO

Commissioned

COAL

210

2007-08

RAYALSEEMA ST III U5

APGENCO

Under Construction

COAL

210

2010-11

10

VIJAYWADA TPP ST-IV,U1

APGENCO

Commissioned

COAL

500

8.10.2009

1,000

2010-12

1,000

11

KOTHAGUDEM ST-V

APGENCO

Under Construction

COAL

500

2011-12

12

KAKTIYA TPP

APGENCO

Under Construction

COAL

500

2010-11

13

SUB TOTAL state sector

14

KONASEEMA

OAKWELL

Commissioned

GAS/LNG

280

3.5.2009

15

KONASEEMA

OAKWELL

Under Construction

GAS/LNG

165

2010-11

2,324

16

GAUTAMI

GAUTAMI POW

Commissioned

GAS/LNG

464

3.5.2009

17

KONDAPALLI PH II

LANCO

Commissioned

GAS

233

5.12.2009

LANCO

Under Construction

LNG

133

2010-11

18

KONDAPALLI PH II

19

SUB TOTAL -private sector

1,275

20

TOTAL (AP)

4,719

20

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table 1-: Likely Power Supply Position at the End of 2010-12


LIKELY POWER SUPPLY POSITION AT THE END OF 2011-12* (DEMAND AS PER 17TH EPS)
Period
Peak
Peak
Peak
Peak
Energy
Energy
Energy
Energy
Demand
Met
eficit/
Deficit/
RequiAvailDeficit/
Deficit/
201114,721
12,357 -2,364
-16.1
89,032
80,338
-8,694
-9.8
12

Table 1-: Likely Capacity Addition During 11th Plan


LIKELY CAPACITY ADDITION DURING 11TH PLAN INCLUDING BEST EFFORT PROJECTS
FOR THE STATE : Ty St Installed
Capacity
Benefits
Commissioned Last Unit
ANDHRA
PRADESH
pe at Capacity
Addition
Shares of /
Commissioning
CENTRAL-SECTOR

Note:

*SIMHADRI ST-II

1,000.00

1,000.00

384.00

*ENNORE JV COST
KAIGA U-3 & 4

T
N

U
U

1,000.00
440.00

1,000.00
440.00

129.00
123.00

*KALPAKKAM PFBR
N U
CENTRAL-SECTOR TOTAL:STATE-SECTOR

500.00

500.00

142.00
778.00

(2010-2011)

NAGAR SAGAR TR
VIJAYWADA TPP

H
T

U
U

50.00
500.00

50.00
500.00

50.00
500.00

(2010-2012)
COMM 500.00 ( 8.10.2009 )

KOTHAGUDEM ST-V
JURALA PRIYA

T
H

U
U

500.00
234.00

500.00
234.00

500.00
234.00

RAYALSEEMA 4&5
PULICHINTALA

T
H

U
U

420.00
120.00

420.00
120.00

420.00
120.00

(2011-2012)
27.06.2009
COMM
117.00
COMM 210.00 20.11.2007
(2011-2012)

KAKTIYA TPP
T U
STATE - SECTOR TOTAL:PRIVATE-SECTOR

500.00

500.00

500.00
1,824.00

KONASEEMA CCGT
GAUTAMI CCGT

G
G

U
C

445.00
464.00

445.00
464.00

445.00
464.00

COMM 280.00 (3.5.2009)


COMM 464.00 (3.5.2009)

KONDAPALLI CCPP
KONDAPALLI CCPP

G
T

U
U

233.00
366.00

233..00
366.00

233.00
133.00

COMM 233.00 (5.12.2009)


(2010-2011)

PRIVATE-SECTOR TOTAL:-

1,275.00

GRAND-TOTAL:-

3,757.00

(2010-2012)
(20110-2012)
COMM 220.00 11.04.2007

(2010-2011)

U-Under Construction Project;


C-Commissioned
* Share from Central Sectors Projects for which M.O.P. Orders are
yet to be issued is tentative.
Table 1-: Peak & Energy Table

PEAK AND ENERGY TABLE


(As
per
17th
EPS
YEAR
PEAKReport vs Actual achieved)
ENERGY
Requirment
Actual
Requirement
Actual
as
per
17th
Demand
as
Per
17th
Require
2004-05
8,168
8,093
48,928
50,416
2005-06
8,810
8,999
54,683
53,030
2006-07
9,597
10,208
59,311
60,964
2007-08
10,454
10,048
64,331
64,139
2008-09
11,388
10,823
69,775
71,592
2009-10
12,406
75,680
2010-11
13,514
82,085
2011-12
14,721
89,032

21

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

From the above tables i.e. Actual power Supply position for the state of Andhra
Pradesh, it clearly indicates the consistent power deficit of around 8.5 % at the
end of 9th Plan continuing till 2009-10 up to 11.2%.

1.3 Justification for the project


For the state of Andhra Pradesh the projected peak load is 13,514 MW (201011). Table above shows Installed capacity as on 31 Mar 2010 for the state of
Andhra Pradesh, actual power supply position and capacity addition during 11th
Plan for the state of Andhra Pradesh. As per present power scenario for the
state of Andhra Pradesh the peak deficit during 2006-07 is around 4.4 %. As
per table above power deficit for the state of Andhra Pradesh during 2011-12
will be around 1,255 MW (March 2010). Thus Considering projected power
demand for the state of Andhra Pradesh, power generated from the proposed
power plant may be utilized for the state of Andhra Pradesh.

The proposed solar photovoltaic power plant (SPV) will contribute to bridge the
gap between the demand and availability of power.

As per the proposed transmission evacuation plan, the proposed power station
shall be connected to APTransco 33/132 kV substation at Raydurng, in
Anantapur district. Therefore it is considered that the proposed power plant will
be able to contribute to the power requirement of the Andhra Pradesh, hence it
is justified for construction of the Proposed 5 MW Power Plant at Veerapuram
village, Anantapur district, Andhra Pradesh.

22

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

The project activity will result in an annual average reduction of about 8000
tCO2e per year by replacing electricity generated from fossil fuel fired power
plants. The project activity has been essentially conceived to generate GHG
emission free electricity by making use of available Solar PV in the project area.
The project - being a renewable energy project - leads to sustainable
development through efficient utilization of naturally available sunlight and
generation of additional employment for the local stakeholders.

The Government of India in its Interim Approval Guidelines for CDM Projects
has stipulated a set of indicators for describing the sustainable development of
a project. According to these indicators, the sustainability of the described
project is as follows:

Social well being:


The project activity is generating employment opportunities for professional,
skilled

and

unskilled

labour

for

development,

engineering,

procurement

operation and maintenance of the project activity. The development of project


specific infrastructure will result in employment and income generation activities
for local personnel. In addition various kinds of maintenance work would
generate employment opportunities for local contractor on regular and

Economic well being:

The project activities will bring an additional permanent basis. The project
activity would promote the application of solar energy based power
generation investment to the tune of INR 650 million, which is a
significant investment in a green field project in the region.
23

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

The project activities will act as a nucleus for other economic activities
such as setting up of cottage industries, shops, hotels etc. around the
area, contributing to the economic development around the project area.

Proposed power plant will use solar radiation as resource for generation
of power helps conserve foreign exchange by reducing the need to import
fossil fuels to meet the countrys growing energy demand.

Environmental well being:


Solar energy based power generation system will be a robust clean technology
involving latest state of the art renewable energy options to be used for the
purpose of electricity generation. The project implementation will lead to
reduction of SOx, NOx and particulate matter (PM) emissions. It therefore
results in an improvement in air quality and human health.

24

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

2 DETAILS ABOUT THE PROPOSED PROJECT LOCATION


IN ANANTAPUR DISTRICT
2.1 Introduction
Anantapur district is situated in 13'-40'' and 15-15'' Northern Latitude and 76'50'' and 78'-30'' Eastern Longitude. It is bounded by Bellary, Kurnool District
on the North, Cuddapah and Kolar Districts of Karnataka on South East and
North respectively. The District is roughly oblong in shape, the longer side
running North to South with a portion of Chitradurg District of Karnataka State
intruding into it from west between Kundurpi and Amarapuram Mandals.The
Distance of State capital Hyderabad from the district is of ~300 Kms. The
District of Anantapur has a fairly good elevation which provides the District with
tolerable climate throughout the year. It has a gradual fall from the South
North towards the valley of the Pennar in Peddavadugur, Peddapappur and
Tadipatri Mandals. There is a gradual rise in Hindupur, Parigi,

Lepakshi,

Chilamathur, Agali, Rolla and Madakasira Mandals in the South to join the
Karnataka Plateau where the average elevation is about 2000 feet is above the
mean sea level.

2.2 Area and population in Anantapur District


There are 929 inhabited villages, out of 964 total Revenue villages of the
District. The number of villages in size group of 500 to 1999 forms 36.71% of
the total inhabited villages . The size group of 2000 to 4999 forms 38.64% and
the size group of 5000 to 9999 forms 12.81% only out of total villages, while 84
villages ( 9.04%) of total inhabited villages are having population less than 500.
There are 26 villages with more than 10,000 population excluding Towns.
25

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

2.3 Rainfall and Climate


Anatapur district being far from the East coast, it does not enjoy the full
benefits of North East Monsoons and being cut off by the high western Ghats,
the South West Monsoon are also prevented from penetrating and punching
the thirst of these parched soils. It is therefore seen, the district is deprived of
both the monsoons and subjected to droughts due to bad seasons. The normal
rainfall of the district is 553.0 MMs. by which it secures least rainfall when
compared to Rayalaseema and other parts of Andhra Pradesh. The normal
rainfall for the South West Monsoon period is 338.0 MMs. which forms about
61.2% of the total rainfall for the year. The failure of the rains in this South
West monsoon period of June to September will lead the District to drought by
failure of crops. The rainfall for North East monsoon period is 156.0 M.Ms. only,
which forms 28.3%

M.Ms. of

the total rainfall for the year (October to

December).

2.4 Temperature
March, April and May are warm months when the normal daily maximum
temperature ranges between 29.1 C to 40.3 C. November, December and
January

are cooler

months

when the temperature

falls

about

15.7 C,

Hindupur, Parigi, Lepakshi, Chilamathur, Agali, Rolla and Madakasira Mandals


being at High Elevation are more cooler than the rest of the Mandals in the
District.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

2.5 Proposed Project location


The Proposed project site T Veerapuram is located in Raydurg Taluk of
Anantapur district. Below figure shows the project location. The site selection
for a Solar Power Plant is pre-dominantly determined by solar insulation
availability & grid connectivity for exporting power. Equally important are other
essential factors/considerations such as:

Availability of adequate land for Power Plant and green belt development

Soil condition like soil bearing capacity etc.

Proximity to State Electricity Grid enabling economic evacuation of power


generated

Availability of water and power during construction

Availability of local work force in the proximity

Availability of load centres (towns) within vicinity

Easy accessibility of the site

The proposed project site in Veerapuram village, Anatapur district of Andhra


Pradesh State is found favoring all the above factors to a reasonable extent.

27

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Figure :

Figure :

Location map of Anatapur district in India:

Map showing proposed project site within Anantapur

Proposed
Project site for
5 MW SPV
Power Project
at Veerapura

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

2.6 Land requirement and layout of the proposed Project


The Power Plant will be located in the proposed site in Veerapuram village. The
total land area required for the project is about 25 acres. The Power Plant
layout can be divided into two sections as:
1. Module mounting area and
2. Control room

The major portion of the site will be used for module mounting. As described in
the Power Plant Scheme the module will be mounted in a steel structure which
will be installed facing South direction for best efficiency & optimal power
output. The steel structure will be grouted using RCC foundation. The proposed
structure is designed to hold 8 modules per structure and which can withstand
wind speed up to 100km/hr. The structure is designed in such a way that it will
occupy minimum required space without sacrificing the performance.

The interconnection cables are routed within the structure and the output cables
from the modules are taken through proper size conduit to the smart connect
box. The output cables from the junction boxes are routed under the ground
through conduits or cable trenches. Man holes for regular maintenance and
inspection will be provided at equal distances as required. Earthing for all the
module mounting structures will be done using copper or GI conductors. The
earth pits for module area will be provided as the electrical standards. In order
to protect the modules from lightning, lightning protection will be provided in
the module mounting area. Sufficient number of lightning arrestor will be

29

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

provided in this area alone for protection of modules. The proposed power plant
layout is enclosed as annexure 5.

2.7 Land availability and acquisition for the project


As mentioned in the previous section, solar power plant of 5 MW capacity
requires about 25 acres of land. The land required by the project is already
acquired on lease basis.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

RADIATION DATA AND PROJECTED POWER GENERATION FROM THE PROJECT


ACTIVITY

Actual site of installation is T. Veerapuram village, Raydurg taluka, located in


Anatapur district. The latitude and longitude of this site is 14.36 0N and 76.56
0

E respectively. Solar radiation available is for Anatapur in Andhra Pradesh is

considered for simulation of project parameters.

Latitude

: 14.70 N

Longitude

: 77.60 E

Below is the weather data for Anatapur district. The data is taken from surface
metrology and solar energy data NASA earth science enterprise programme and
is based on 22 years of yield data analysis.

The irradiation and temperature details considered for the design purpose are
as below:

31

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table -: Temperature details considered for design:

Average annual solar insulation at horizontal angle taken for Anantapur based
on the above chart: 5.34 KWh/m/day.

32

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

2.8 Simulation report of the power plant

33

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

34

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

35

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

The above simulation analysis is carried out based on the fixed structures.
Saisudhir energy and NVVN has entered into a power purchase agreement for
the capacity of 5 MW +5% and -0% power plant capacity. The entire generated
energy will be sold to NVVN on a long term basis. With this arrangement to
optimize the power generation potential, it was envisaged to install PV modules
of 5.250 MW capacity to take care of the DC side energy losses in the system.

36

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

3 SELECTION OF TECHNOLOGY
The key components of a photovoltaic power system are the photovoltaic cells
(sometimes also called solar cells) interconnected and encapsulated to form a
photovoltaic module (the commercial product), the mounting structure for the
module or array, the inverter (essential for grid-connected systems and) and
charge controller (for off-grid systems only).

3.1 Existing Solar Photovoltaic Technologies

Crystalline silicon technologies currently account for most of the overall cell
production in the IEA PVPS countries. Single crystal PV cells are manufactured
using a single-crystal growth method and have commercial efficiencies between
15 % and 18 %. Multicrystalline cells, usually manufactured from a melting and
solidification process, are less expensive to produce but are marginally less
efficient, with conversion efficiencies around 14 %.
PV cells made from ribbons demonstrate an average efficiency around 14 %.
Thin film cells, constructed by depositing extremely thin layers of photovoltaic
semi-conductor materials onto a backing material such as glass, stainless steel
or plastic, show stable efficiencies in the range of 7 % to 13 %. Thin film
materials commercially used are amorphous silicon (a-Si), cadmium telluride
(CdTe), and copper-indium-gallium-diselenide (CIGS) and Copper Indium
Selenium (CIS) Thin film modules.

37

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

3.2 Thin film modules


Thin film modules are potentially cheaper to manufacture than crystalline cells
have a wider customer appeal as design elements due to their homogeneous
appearance present. Disadvantages, such as low-conversion efficiencies and
requiring larger areas of PV arrays and more material (cables, support
structures) to produce the same amount of electricity.

3.3

Comparison between Crystalline, Thin film and CPV


Technologies
S.No.

Parameter
Crystalline
Types of Materials Mono/ Polycrystalline

Handling

2
3
4
5

Power Efficiency
Technology
Module Weight
Area utilization

6
7
8
9
10
11

Thin Film
Amorphous Silicon, CdS,
CdTe, CIGS, CIS etc.

Better protec tion against Not Guaranteed


breakage

12-16%
Well Developed
Light weight modules
Higher power generated
per unit area due to high
efficiency
Temperature Effects Temperature variations
affect output
Irradiance
Used particularly for
Normal radiations
Module quantity
Lesser nos required due
to high efficienc y
Output per MW
High
installed
Transportation Cost Lower Transportation
cost
Mounting Structure Fewer Mounting structure
required per KW power

Installation would be at site.


Not Guaranteed

6-8%
Under development
Heavier modules
Less power per unit area

20-25%
Under development
Heaviest System
Highest power per unit area

Lesser impact of Temperature


variations
Better performance with Diffuse
radiations
More modules required

High variation

Varies as per sunlight condtion


and various locations
Higher cost
More Mounting structures
required

Lesser space required per Largest space requirement


MW

12

Land Requirement

13
14
14

Inverter
High inverter flexibility
Cost
High c ost per Watt
Environment Effects Less Sensitive

15

Stabilization

16
17

Availability
Health hazards

18

Power Degradation

19

21

Highest maintenanc e required,


Less maintenance
required after installation so highest maintenance c ost
so lower cost
Repair
Relatively easy
Diffic ult due to complex
structure
Cooling Requirement Not required
Not required

22

Cabling

Well known, and lower


cabling losses

23

Suitability for Grid


Technology

Good

20

CPV
Triple Junction GaAs Cell &
lens , tracker

Limited inverter flexibility


Lower cost per Watt
Sensitive

Stable power output from Stability achieved after 4-6


at initial stages
months
Easily available
Limited supply
Made from non toxic
Toxic materials used for thin
material (Si)
films (CdS, CdTe)
Less degradation
Highest degradation for initial 57 years

Plant Maintenance

Works only for Normal


radiations
Lowest nos. of modules
required
Very High(due to tracking)
High cost
Sophisticated mounting
required
Lowest spac e required

Limited inverter flexibility


Highest cost per Watt
Sensitive
Unknown
Limited supply
Unknown
High Degradation

High maintenanc e required, so


high maintenance cost

Difficult due to complex


struc ture
Requires active or passive
cooling which could increase
cost
Well Understood but yet difficult Complex and under
due to higher number of arrays, development. Cabling losses
expected to be high
along with high cabling losses

Good

Good

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

3.4

Conclusion on selection of technology

Each of the above technologies has their own particular strengths and
weaknesses which have played a role in our decision making. We have decided
to use Copper Indium Selenium (CIS) Thin film modules as our
preferred technology. These advantages and disadvantages in addition with
their market availability and costing are the key parameters on basis of which
we have taken our technological decision.
In the section 4.3 we have compared various technologies, and justification of
why we have chosen a particular technology. In the below section we have
compared the CIS, vis a vis Crystalline, Amorphous technologies.

Characteristic

CIS

Crystalline

Amorphous

Remarks

Module efficiency

++

+++

cSi still higher than CIS, but the difference


is getting narrow

Appearance

++

++

CIS modules are all black, and therefore


very compatible with roof settings

High Temperature

++

CIS and cSi do not have anneal effect

Light soaking effect

++

CIS has light soaking effect. Higher than


nominal power output is expected.

Degradation

++

++

Degradation rate is almost same as


Crystalline.

Production cost

++

++

Unit production cost of CIS modules


expected to decrease by mass production
but not in the case of crystalline module.

Manufacturing process

Simple processes allow a smooth and


efficient production overall

Environmental
contribution

Environmentally friendly - CIS modules do


not include toxic or pollutant elements

Energy payback time

++

++

Manufacture of CIS modules require only a


small amount of energy

Issue of raw materials

++

CIS products do not use silicon, thus less


affected by market volatility

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

4 POWER PLANT DESIGN CRITERIA


The Power Plant is sized on the following major criteria:

Solar Power (average insulation available)

Power evacuation facility in the vicinity of the proposed site along with
Grid availability on 24 Hours a day basis.

Details of the design process and are presented in the below sections.

4.1

Design and Simulation projections by PVSYST

PVSYST tool is one of the most accepted design tool for the study, sizing,
simulation and data analysis of complete PV systems. We have used this tool to
generate the most realistic energy yield simulation results which are detailed in
this report. Main features of PVSYST:

1) Detailed computation of the used components (modules, inverters, etc)


2) Simulation on hourly basis and detailed evaluation and consideration of
different loss factors.
3) Calculation of arbitrary orientated module planes (fixed and tracking
systems)
4) Most accepted and used tool to generate simulation results for big PV
power plants, as the results are based on systematic and refined
approach.
5) Program with the most accurate results and functions at the market.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

4.2

PV Power Plant Energy Production

The system lifetime energy production is calculated by determining the firstyear energy generation as expressed in kWh (AC)/kWp (AC), then degrading
output over the system life based on an annual performance degradation rate.
System degradation (largely a function of PV panel type and manufacturing
quality) and its predictability are important factors in lifecycle costs since they
determine the probable level of future cash flows. This stream of energy
produced is then discounted to derive a present value of the energy generated
to make a levelized cost calculation. The first year kWh/kWp is a function of
the:

The amount of sunshine the project site receives in a year.

The mounting and orientation of the system (i.e., flat, fixed-tilt, tracking,
etc.).

The spacing between PV panels as expressed in terms of system ground


coverage ratio (GCR).

The energy harvest of the PV panel (i.e., performance sensitivity to high


temperatures, sensitivity to low or diffuse light, etc.).

System

losses

from

soiling,

transformers,

inverters,

and

wiring

inefficiencies.

4.3

System availability largely driven by inverter downtime.

PV power plant capacity factor

The capacity factor, a standard methodology used in the utility industry to


measure the productivity of energy generating assets, is a key driver of a solar
power plants economics.
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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

A PV power plants capacity factor is a function of the insulation at the project


location, the performance of the PV panel (primarily as it relates to hightemperature performance), and the orientation of the PV panel to the sun, the
system electrical efficiencies, and the availability of the power plant to produce
power.

4.4

Selection of Inverter and Components

For a complete reliable system and to ensure high energy yield from the plant,
innovative components with latest technology are selected. The inverter that is
selected is of very high efficiency over a wide range of load. The inverter
operates in excess of 95.0% efficiency in comparison with the requested of 93%
efficiency.
Design lifetime of the inverter is at 35,000 hours with rated power at 40C. This
is approximately 4.8 hours at full load per day to estimate the lifetime of 20
years.

4.5

Selection of Monitoring System

Monitoring system requirement for a large power plant like 5 MW with state of
the art technology, monitoring and analysis of is carried out. Few features are
of the monitoring system are presented as follows:

Monitors the performance of the entire power plant

(string wise

monitoring, junction boxes, inverters, etc)

Evaluates (strings, inverter, nominal/actual value), quantity of DC Power


& AC Power produced.

Measures instantaneous irradiation level and temperature at site. It also


measures the module back surface temperature.
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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Alerts in case of error (discrepancy in normal operation of components,


like module string/ diodes/ inverter/ junction box / loose contacts/ etc,)
to facilitate recognition and correction of the fault with minimum
downtime.

Visualizes nominal status of the connected components via Control


Center PC Software (diagnosis on site or remote)

Logs system data and error messages for further processing or storing

Stores and visualizes energy yield data (for life of the plant) in the Portal
from where the data can be accessed remotely.

4.6

Design criteria for Cables and Junction boxes and

The power plant will adopt the best engineering practice for complete cable
routing in the power plant by using minimal cable length while connecting in
series string, using optimal size cables to ensure the entire plant cable losses
are minimum.

The junction boxes proposed are completely pre-wired to ensure ease of


installation, maintenance and eliminates any installation hassles. These junction
boxes not only combine the DC power from strings but also monitor each string
performance and feed the same data to the central monitoring system.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

5 DESCRIPTION OF MAJOR COMPONETS OF THE POWER


PLANT

The Solar electricity is produced when the Photons from the sun rays hit the
electrons in the Solar PV panels, this will generate Direct Current (DC). The DC
electricity from the panels passes through DC distribution network to a grid
interactive inverter, which converts the DC electricity into 220V AC for single
phase and 415V AC for 3 phase operation by using state of the art technology.

In order to achieve a higher system voltage, modules are connected in Series,


called a string. A higher system voltage has the advantage of less installation
work (smaller conductor cross sections). Lower currents flow at the same
efficiency so that cable losses are reduced. The strings are connected with the
photovoltaic branch or the PV-distributor (Smart connect box). This distributor
is connected with the Main Combiner Box (MCB) which acts as the main DC
collecting unit which passes the power to be converted to the central inverters.

Central inverters combine the various advantages of the other installation


technologies. Thus the module fields are less sensitive towards partial
darkening, as is the case with string inverters. This results in a very good MPPmatching of the inverters. Thanks to higher system voltages than is the case
with module oriented inverters, central inverters reach a very high efficiency.
Furthermore, installations can be expanded with additions of more modules
without problems. Thus photovoltaic installations of greater efficiency can be
constructed economically.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

The AC power from the inverter are passed to Low voltage panel and then to
the main transformer. From the transformer, the power is routed through the
high voltage panel and eventually to other required measuring & protection
devices before connecting to the grid.

Grid connected solar power plant comprises of the main equipment and
components listed below.
1. Solar PV Modules
2. Central inverters
3. Module mounting system
4. Grid connect equipments
5. Monitoring system
6. Cables & connectors
7. Buildings for housing the electronics (Power-house)

5.1

Solar PV modules

A photovoltaic module is a packaged interconnected assembly of photovoltaic


cells, which converts sunlight into energy. For this project, CIS Thin film PV
technology solar module of 130 Wp is considered.
The Tilt angle for the modules would be 15o (all the modules will be facing
south).

5.2

Central Invertors

Inverters are used for DC voltage to AC voltage conversion. According to output


voltage form they could be rectangle, trapezoid or sine shaped. The most
45

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

expensive, yet at the same time the best quality inverters, output voltage in
sine wave. Inverters connecting a PV system and the public grid are
purposefully designed, allowing energy transfers to and from the public grid.
Central inverters are used in large applications. Many times they can be
connected according to the "master-slave" criteria, when the succeeding
inverter switches on only when enough solar radiation is available or in case of
main inverter malfunction. Inverters connected to module strings are used in
wide power range applications allowing for more reliable operation.
In the proposed project the invertors will connect 41600 modules (each 130Wp
(+-3%)) in series. Such 5200 no of strings will be required for 5250.0 System
The output of the strings will be connected to Central 500 kW PCU. Like this 10
PCUs are required. The PCU is nothing but converting the DC Power into AC
power and feeding into the grid. It is design with a high efficiency >97% with
IGBT technology, It is delivering the max. Power generated through solar
modules in to grid due to its inbuilt feature of MPPT operations. The PCU is
having internal self protection in case of any fault in the grid. Also the PCU has
inbuilt contactors/breakers with fuses for self protections.
The PCU is having in-built microprocessor based controls. The Inverters is
designed in such a way that it will synchronize with the utility (grid) power with
respect to the Voltage and frequency of Grid and it gets corrected itself
according to the grid parameters within its settable limits. The inverter is
designed in such a way that it will sense the array power and grid power; if
both are available it starts and stops automatically in the morning and evening
respectively. Each PCU is having a remote and local data monitoring system
with which we can monitor all the parameters and current energy generation &
46

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

past generation for the given period. The output voltage of the inverter is
connected to the LT side of the grid through step-up transformer of
0.415/11/110KV or as per the requirement.

5.1

Module mounting system

The module mounting structure is designed for holding suitable number of


modules in series. The frames and leg assembles of the array structures is
made of mild steel hot dip galvanized of suitable sections of Angle, Channel,
Tubes or any other sections conforming to IS:2062 for steel structure to met
the design criteria. All nuts & bolts considered for fastening modules with this
structure are of very good quality of Stainless Steel. The array structure is
designed in such a way that it will occupy minimum space without sacrificing
the output from SPV panels at the same time.
Figure :

Typical module mounting structure:

47

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

5.1

Grid connected equipments

A simple block diagram, related to the interconnection of various systems for


gird connectivity, is shown below for reference. The Power from Modules is
directed to the central inverters through the DC combiner boxes and from the
inverters it is routed though the Low voltage panel to the transformer. From the
transformer, the high voltage power is routed to the metering panel, LCB and
eventually to grid through the High Voltage Panel.

Figure :

5.2

Grid-Connect equipments

Monitoring System

System proposed will maintain and provide all technical information on daily
solar radiation availability, hours of sunshine, duration of plant operation and
the quantum of power fed to the grid. This will help in estimation of generation
in kWh per MWp PV array capacity installed at the site. The system also enables
diagnostic and monitoring functions for these components. Communication:
Data modem (analogue/ethernet), few features are presented as follows.
48

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Monitors the performance of the entire power plant

(string wise

monitoring, junction boxes, inverters, etc)

Evaluates (strings, inverter, nominal/actual value), quantity of DC Power


& AC Power produced.

Measures instantaneous irradiation level and temperature at site. It also


measures the module back surface temperature.

Alerts in case of error (discrepancy in normal operation of components,


like module string/ diodes/ inverter/ junction box / loose contacts/ etc,)
to facilitate recognition and correction of the fault with minimum
downtime.

Visualizes nominal status of the connected components via Control


Center PC Software (diagnosis on site or remote)

Logs system data and error messages for further processing or storing

Stores and visualizes energy yield data (for life of the plant) in the Portal
from where the data can be accessed remotely.

5.3

Cables and connectors

The size of the cables between array interconnections, array to junction boxes,
junction boxes to PCU etc shall be so selected to keep the voltage drop and
losses to the minimum. The bright annealed 99.97% pure bare copper
conductors that offer low conductor resistance, they result in lower heating
thereby increase in life and savings in power consumption. These wires are
insulated with a special grade PVC compound formulated. The skin coloration
offers high insulation resistance and long life. Cables are flexible & of annealed
electrolytic grade copper conductor and shall confirm to IS 1554/694-1990 and
are extremely robust and resist high mechanical load and abrasion.
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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Cable is of

high temperature resistance

and excellent

weatherproofing

characteristics which provides a long service life to the cables used in large
scale projects. The connectors/lugs of copper material with high current
capacity and easy mode of assembly are proposed.

5.4

Buildings housing for electronics (power house)

The power house will be utilized for housing the inverters, Low Voltage Panels,
High Tension Panels, Plant Monitoring system, Safety equipments, Office room
etc. In order to avoid shading effect the power house is proposed to be
constructed on the North side of the layout.

The power house will be provided with air conditioning unit in order to maintain
the

desired

temperature

of

the

equipments

like

inverters

for

better

performance. The office space will be provided inside the control room with
basic amenities. The performance of the Power Plant can be monitored from the
power house.

The power house will be equipped with all necessary safety

equipments as the safety rules. The equipments will be erected as per the
Indian Electrical Standards. The cables will be routed through cables trenches or
cable trays as required. Alarm system will be provided to alert the operator in
case of emergency or plant break-down.
The power house will also house the power evacuation system except the
transformer. The proposed transformer will be installed in outdoor next to the
control room.

The civil engineering and building works shall include the design, detailing, and
construction of all foundations, structures, buildings, installation and service of
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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

facilities

required

for

the

installation,

commissioning,

operation

and

maintenance of all equipment associated with the Power Plant.

The civil works includes the following: preliminaries, additional survey, soil
exploration, piling if needed, ground improvement, foundations, and all
necessary site investigation associated with the operations. Site roads, site
leveling and grading with boundary fences, and gates. In order to avoid
flooding, rain water drainage system is provided all around the plant layout.

5.5

Other facilities including water

The other important requirement for the Power Plant is Water, which will be
used pre-dominantly for module cleaning. The water table is very good in the
proposed site and bore-well for required depth will be erected to meet the
requirement. An over-head tank / underground sump will be constructed as per
the requirement for the water storage.

A first-aid station will be located as part of the power house/office room.


Sufficient space will be provided for vehicle parking near to the power house.
Within the layout approach roads will be made for easy movement of man &
machines.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

6 SPECIFICATION OF MAIN PLANT AND EQUIPMENT


Technical specification of major components and bill of materials are presented
in this section.
Table -: Bill of materials
Sl
No.

System Components

QTY

Total Capacities

SOLAR MODULE
Solar Cell Type: CIS Thin film module
Solar Module Type: Aluminum Framed Module
Module Wattage: 130Wp each
Total PV modules rated power: 5250 kWp
Certification: IEC 61646

41,600 Nos.

5.408 MWp

PV SYSTEM MOUNTING STRUCTURE with


single axis tracking
Material: MS Galvanized(>70 micron)
i) Design of Solar Photovoltaic 20 module
Mounting Structure, Fixed tilt

5200 Nos.

Voc=750Volt
Vmax=600Volt

Array Junction boxes

80 Nos.

06 Input 1
output type.

POWER CONDITIONING UNIT (Inverter)


500kVA, IP20
MAKE: AEG or equivalent
Specifications: Input Voltage range 450 - 900V
8 Modules connected in series; 5200 strings

10 Nos.

1.25 MVA Transformer

5 Nos.

7
8

6.5 MVA Transformer


LT panel with Protection & metering

1 No.
5 Nos.

HT Panel with protection Panel & metering

2 No.

11 KV & 33 KV

10

Cables
Lightning
Earthing System
Metering

1 Set
1 Set
1 Set
Metering panel

PVC Cu Cables
Standard
Standard
Universal / Rema

11

Cables

1 Set

Monocab/Finolex

12

Accessories

Accessories for
cable,
interconnection

Huber + Suhner

13

PC for monitoring

PC in control room

Standard

Control Room

Control Room
(Design and
construction)

Standard

10
11
9

14

ONAN with OLTC

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table -: Technical specification of proposed solar modules at STC

Technical Specifications for a typical Solar Photovoltaic CIS Thin film module
at Standard Test Conditons (STC)
Output power Pmax (Watts)

130 Wp +/-5%

Warranted minimum Pmax

130 Wp +/-5%

Voltage at Pmax

77.0 V

Current at Pmax

1.82 A

Open-circuit voltage

109 V

Short circuit current

2.10 A

Maximum system voltage (Volts)

DC 600 V

Fuse rating

15 A

Type of solar PV cell

CIS Thin film

Suitability

For grid connected system

Module output

Multi contact plug

Certification

IEC 61646

Fire rating

Class C

Power warranty

10 year warranty on 90% of the


minimum output

Table -: Specifications of module mounting structure

Structure Technical Specification


Parameters
Type
Configuration
Material
Overall
dimension
Coating
Wind rating
Tilt angle
Foundation
Fixing type

Specifications
Single axis tracking system
Each structure will hold 20 modules.
MS Galvanized
As per design, please refer Attachment C & D
Hot dip (galvanized) Minimum of 70 Micron size
100 km/hr (Horizontal)
Suitable to site
PCC (1:2:4)
SS 304 fasteners

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table -: Cables speficification


Cable Technical Specification
Parameters

Specifications

Standard

IS 1554/694-1990

Working voltage

Up to 1100V

Temperature range

-15 Deg C to +70 Deg C

Sizes

Suitable sizes

Table -: Invertors specification


Inverter Technical Specifications
Parameters

Specifications

Input Voltage range

Vpmin=500 VDC to Voc=820 VDC

Recommended solar power as


input

500-580 kWp

Output Voltage

510 VAC (Phase), 400 VAC (Line)

AC outputs

5 Connectors (L1, L2, L3, N and PE)

DC inputs
Output power

4 minimum
500 kW or above

Output current distortion

Less than 2%

MPP range at DC rated output


Mains frequency range
Maximum Efficiency

500- 820 VDC


50 Hz +/- 0.4%
Greater than 95 %
Maximum Power Point Tracking (>1%
accuracy)
1
0-40 C
95% non-condensing
IP20
When sufficient solar generator power
is available

Operating mode
Power factor (Cos)
Ambient temperature range
Relative humidity
Protection Type
Automatic turn on
Resetting time after AC
deactivation

Minimum 2 minutes

Protection

Ground fault monitoring, Reverse


polarity protection, Over voltage
protection.

Solar generator / Grid decoupling

Through high insulation transformer.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table -: Transformer specification at 33 kV side


Parameters

Specifications

Transformer

1.25 MVA, 415/33 KV, 5 Nos

No. of Phases

Type

Copper wounded transformer.

Cooling type

Oil cooled (ONAN)

Installation

Outdoor

Primary voltage

415V

HV

33000 volts

LV

415 volts

Vector Group

Dyn 11

Percentage impedance

5%

Secondary voltage

33 kV at 33kV panel

Toppings and windings

33 kV side

Regulation at unity power factor

1.32 %

Regulation @ 0.8 power factor

4.68 %

Max Efficiency @ 36% load

>99%

Efficiency (25~125% of load) @


unity power factor
Efficiency (25~125% of load) @
0.8 power factor

98.5~99%
98~98.9%

Insulation class

Class-A

Enclosure

Welded steel tank and bolted cover


construction.

First filling of oil

Confirms to IS 335

Applicable standards

IS2026

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table -: Transformer specification for grid interfacing at 33/132 kV


Parameters

Specifications

Transformer

6.50 MVA, 33/132 KV, 1 No.

No. of Phases

Type

Copper wounded transformer.

Cooling type

Oil cooled (ONAN)

Installation

Outdoor

Primary voltage

415V

HV

33000 volts

LV

11000 volts

Vector Group

Will match with the grid requirement

Percentage impedance

5%

System voltage

33kV at 33 kV panel

Toppings and windings

11 kV side

Regulation at unity power factor

1.32 %

Regulation @ 0.8 power factor

4.68 %

Max Efficiency @ 36% load

>99%

Efficiency (25~125% of load) @


unity power factor
Efficiency (25~125% of load) @
0.8 power factor

98.5~99%
98~98.9%

Insulation class

Class-A

Enclosure

Welded steel tank and bolted cover


construction.

First filling of oil

Confirms to IS 335

Applicable standards

IS2026

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table -: Monitoring system specification

Monitoring system Technical Specifications


The system is an innovative monitoring and analysis system for
large PV plants. It is upgradeable with CAN bus compatible
System

components

(like

junction

boxes).

The

system

supports

the

diagnostic and monitoring functions for these components.


Monitoring of central inverters and junction boxes to string level.
Measurement & storage of the temperature, irradiation, string level
current values, etc. Transmits the data required for monitoring, such
Monitoring
Central
system

as yields and the system efficiency, to the Internet portal, where the
data

is

converted

into

straightforward

diagrams

and

stored.

A constant target/actual analysis should enable malfunctions to be


detected in their initial stages and an immediate notification is sent
to a definable group of people.

String
monitoring
junction boxes

Remote-controlled connection / disconnection should reduce service


outlay on site. The long-life electronic safety feature will optimize
system availability.
Data

Communication

modem

(analogue/Ethernet),

CAN

open

interface

for

connecting the system components, RS 232 interface.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

7 POWER EVACUATION AND INTERFACING WITH GRID


It is important that the power plant is designed to operate satisfactorily in
parallel with grid, under the voltage and frequency fluctuation conditions, so as
to export the maximum possible units to the grid. It is also extremely important
to safeguard the system during major disturbances like tripping, pulling and
sudden over loading during the fluctuation of the grid loads on the generating
unit in the island mode, under fault/feeder tripping conditions.

7.1

Power Evacuation System

The Direct Current (DC) from modules is converted into Alternating Current
(AC) by Inverters. The inverter outputs are given to a junction box which is
connected (using 415V XLPE cable) to the LV Panel in the control room. The
output from LV Panel is stepped up to 11kV by, Oil cooled, outdoor type
transformer located near the control room. The HV side of transformer is
connected to 11kV HT Panel in the control room (using 11kV XLPE cable). The
LV and HT Panels have all necessary metering and protection as per Power
Evacuation schematic. From the HT panel, 11kV XLPE cable runs to 11kV
metering panel and then to Double Pole (DP) Structure. DP structure is
connected to existing 33/132 kV grid by suitable Aluminum Conductors Steel
Reinforced (ACSR) conductor.
The Power evacuation system comprises of following major components:
1. Transformer Oil immersed type with Off circuit tap changer with all
accessories
2. 415V Low Voltage (LV) Panel
3. 11kV High Tension (HT) Panel
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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

4. 11kV Metering Panel


5. LT & HT cables
6. Control & Power evacuation cables

7.2

Transformers

The proposed transformer shall be installed outdoor suitable for hot, humid and
tropical climate. The transformer will be free from annoying hum and vibration
when it is in operation, even at 10% higher voltage over the rated voltage. The
noise level will be in accordance with respective standards.

The transformer will be designed and constructed so as not to cause any


undesirable interference in radio or communication circuits. The oil filled
transformer will be capable of operating continuously at its rated output without
exceeding the temperature rise limits as given below over design ambient
temperature of 50 deg C.

In oil by thermometer 50 deg C

In winding by resistance 55 deg C

The transformer will be designed to withstand without injury, the thermal and
mechanical effect of short circuit at its terminal with full voltage maintained
behind it for a period of 1 second. The transformer will be capable of continuous
operation at the rated output under voltage and frequency variation without
injurious heating at that particular tap for all tap positions.

Phase connections will be delta on LV side and star on HV side. HV side shall be
resistance earthed. HV side shall be suitable for connection to 11kV HT panel.
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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

LV side shall be suitable for connection to LV panel. Transformer will be


designed for over fluxing withstand capability of 110% continuous and 125% for
at least 1 minute. Further it shall be capable of withstanding 140% of rated
voltage at the transformer LV terminal for a period of 5 seconds to take into
account sudden load throw off conditions.
Overloads will be allowed within conditions defined in the loading guide of
applicable standard. Under these conditions, no limitations by terminal
bushings, off circuit tap changers or other auxiliary equipment shall apply.

7.3

HT, LV & 11KV Metering Panel

Under the normal climatic and earthquake conditions, the HT and LV panels will
meet the following requirements:
a) The physical alignment of 11kV and 415V switchgear panels along with
incoming and outgoing feeder connections, supporting insulators &
structures of bus bars will not get disturbed and there will not be any
internal flashover and/or electrical fault.
b) All relays, transducers, indicating instruments, devices in switchgear
panels will not mal-operate.
c) Current carrying parts, supporting structure, earth connection etc. will
not get dislocated and /or will not break or distort.
d) Co-ordination with other systems
All equipments will have necessary protections. Each switchgear will be
provided with necessary arrangement for receiving, isolating, distributing and
fusing of 230V AC and 11OV DC supplies for various control, lighting, space

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

heating and spring charging circuits. DC supply for control shall be duplicated
for each board which shall run through auxiliary bus wires.

11kV Lightning Arrestor will be of non-linear resistor type. Unless otherwise


modified in this specification the lightning arrestor shall comply with IS
3070(Pt.1)1974 or the latest version thereof.

7.4

Cables

11kV cables will be unearthed grade suitable for use in medium resistance
earthed system, with stranded & compacted aluminium conductors, extruded
semi-conducting compound screen, extruded XLPE insulated, extruded semiconducting compound with a layer of non- magnetic metallic tape for insulation
screen, extruded PVC (Type ST-2) FRLS outer sheathed, multi-cored conforming
to IS 7098 (Part II) IEC-60502 for constructional details and tests.

7.5

LT Power Cables

LT Power Cable will be 1100V, unearthed grade, multi-core, stranded aluminium


conductor, XLPE insulated with PVC outer sheath made on FRLS PVC compound.
All other details will be as applicable. Minimum conductor cross section of power
cables will be 4 Sq.mm

7.6

Control cables

Control cables will be 1100V Grade, multi-core, minimum 2.5 Sq.mm cross
section, stranded copper conductor having 7 strands, PVC insulated, and outer
sheath made of FRLS PVC compound. In situations where accuracy of
measurement is or voltage drop in control circuit is not warrant, higher cross
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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

sections as required will be used. 4 sq.mm copper conductor cables will be used
for CT circuits all other specifications remaining same.

7.7

Power Evacuation Cable

3 Core XLPE insulated, aluminium cable confirming to IS 7098 of required


length shall be provided for power evacuation.

7.8

Grid Synchronization Scheme

The output power from the LV panel is taken to set-up transformer, where the
voltage is stepped up from 415V to 11kV. The output of the transformer is fed
to HT panel and from the HT panel to Double Pole (DP) structure.
From DP structure, ACSR conductors run to another DP structure located near
the existing 33/132 kV grid at about 10 km from the project site. Single pole
(SP) structures are provided at equal intervals. The number of single pole
structures required is determined based on sag calculation. The location of DP
and SP structures will be decided during detailed engineering. Air Breaker (AB)
switch is provided near DP structure to facilitate isolation of the power plant
from the grid during emergency. Jump conductors are used to connect the DP
structure to the existing 33/132 kV grid. A single line diagram (SLD) for
depicting the power evacuation scheme is enclosed as annexure 9.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

8 OPERATION AND MAINTENANCE REQUIREMENTS


Photovoltaic system consists out of two parts.
1. Direct current (DC) side
2. Alternating current (AC) side

Solar PV array generates DC Power at a very high voltage and need to be


handled carefully.

8.1

DC side of the power plant

PV modules convert Sun light into DC Power.

PV modules are connected in series & parallel to create necessary voltage


& current. The series & parallel connections are done as per the design.

The output of PV array is connected to junction boxes and outputs of the


several junction boxes are connected to main combiner box.

This generated DC power is passed through the Inverter to convert DC


power into AC power.

8.2

AC side of the power plant

1 The output of the Inverter will be AC power at 415V.


2 This converted AC power at 415V is connected to LV panel and stepped
up to 11kV using a step-up transformer.
3 From 11 kV the power is stepped up to 33 kV and is connected to HT
panel and from HT panel to Double Pole conductor.
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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

4 AC Power is transmitted through overhead line to the 33/132 kV


substation located at about 10 km from the project site.
5 Both on DC side of generation as well as AC side of conversion, protection
and safety devices are provided to ensure safe and reliable operation of
the complete Solar Power Generating system.
6 Monitoring and Analysis system provided with the power plant will record,
store and transfer data that are essential for the same purpose.

8.3

Mode of Operation

The PV system basically consists of the following components:

1 PV arrays convert Sun light into DC Power.


2 This generated DC power is passed through the Inverter to convert DC
power into AC power.
3 This converter AC power at 415V is stepped up to 33 kV using a step-up
transformer.
4 AC power at 33 kV is connected to the Grid at the same voltage.
5 Both on DC side of generation as well as AC side of conversion, protection
and safety devices are provided to ensure safe and reliable operation of
the complete Solar Power Generating system.
6 Monitoring and Analysis system provided with the power plant will record,
store and transfer data that are essential for the same purpose.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

8.4

Maintenance requirements

The main objectives of the maintenance section focus on keeping the plant
running reliably and efficiently as long as possible with any break down.
Reliability is impaired when a plant is thrown to forced and unforeseen outages.
The following measures will help in reducing the break down maintenance and
also help in planning for preventive maintenance.
1 Careful logging of operation data and periodically processing it to
determine abnormal or slowly deteriorating conditions.
2 Careful control and supervision of operating conditions. Wide and rapid
variations in voltage and frequency conditions do contribute to increased
maintenance.
3 Regulate routine maintenance work such as keeping equipment clean,
cleaning of module, proper maintenance of inverters etc.
4 Correct operating procedures.
5 Frequent testing of plant equipment by Walk Down checks to internal
condition of equipments such as module performance, inverter efficiency
test, monitoring system testing etc.
6 Close co-ordination with the manufacture to effect improvements in plant
layouts and design, use of better material, introduction of such facilities
as lightning protection, etc.

8.5

Spare parts management system

The primary objectives of spare parts management system will be to ensure


timely availability of proper spare parts for efficient maintenance of the plant
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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

without excessive build up on non-moving and slow moving inventory. A


provision of 2% of equipment cost is kept for purchase of spare parts for
smooth functioning of the plant. The spare parts management system for this
project will cover the following areas:
7 Maintaining the proper condition of all spares and consumables.
8 Spare parts indenting and procurement policy.
9 Ordering of critical mandatory and recommended spares.
10 Judicious fixation of inventory levels and ordering levels for spare parts
based on past experience.

8.6

Maintenance of O & M Manuals

Operation and Maintenance (O&M) manual for the various sections of the plant
in adequate number of copies shall be made available to the plant personnel. It
is also proposed to have a sound and slide show for the education and training
of the operators.

The set points as per O&M manual will be reviewed and any revisions required
at the pre-commissioning and commissioning stage will be incorporated for
operator guidance.

8.7

Operation & maintenance Organization of the Plant

The organization proposed ensures that the proposed power plant will be
headed by the plant Engineer, holding the full charge of the power plant
operations,

reporting

directly

to

the

project

promoters.

The

staffing

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

recommended here takes care of the operation, maintenance and the related
record keeping.

The plant Engineer should be a graduate engineer with relevant experience in a


power plant. Generally, the power plant will be similar to unmanned type.
However, two more technicians would be required for regular monitoring and
few people will be engaged for regular cleaning of the Solar Modules.

8.8

Training

During the commissioning of the plant training will be imparted to the Engineer
and supervisors. This operational training shall cover the following:
1 The nature, purpose and limitations of all plant and equipment.
2 The detailed operating instructions on each section and equipment of the
plant.
3 Normal startup and shutdown Program for the plant.
4 The emergency procedures and all related HSE issues according to the
standards.
5 The basis for the training shall be the plant's Operation and Maintenance
Manual, Contract document and drawings provided by the manufacturer.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

9 ENVIRONMENTAL
MANAGEMENT

PROTECTION

AND

WASTE

Photovoltaic (PV) technologies have distinct environmental advantages for


generating electricity over conventional technologies.

The operation of

photovoltaic systems does not produce any noise, toxic-gas emissions, or


greenhouse gases. Photovoltaic energy not only can help to meet the growing
worldwide demand for electricity, but it can do so without incurring the high
economic and environmental costs of burning fossil fuels and installing power
lines. Compared to burning coal, every giga watt-hour of electricity generated
by photovoltaics would prevent the emission of about 10 tons of sulphur
dioxide, 4 tons of nitrogen oxides, 0.7 tons of particulates, and up to 1000 tons
of carbon dioxide.

It has been proposed to use CIS Thin modules which does not contain toxic
material (eg. Lead, cadmium). Independent studies and reports have confirmed
PV Modules are safe to people, animal life and the environment during any
anticipated application or use.

PV solar modules represent a 90% reduction in harmful air emissions


when used to displace conventional energy generation technologies. Solar
electricity is generated with no air emissions, no waste use and no waste
production while preventing the environmental impacts associated with
traditional fossil fuels.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

A 2006 Progress in Photovoltaic Research and Applications study showed


that the active semiconductor material used within Solar PV Modules
presents the best energy payback time of all existing solar technologies.

Solar PV Modules are classified as "waste for recovery" and nonhazardous in accordance with the German Waste Code, European Waste
Legislation and U.S. Environmental Protection Agency standards.

As part of the Environmental Management Plan (EMP) to be implemented for


the Power Plant as a whole, monitoring of Noise level and water quality both at
source and in the ambient at the plant site will be done regularly as per Central
Pollution Control Board (CPCB) guidelines after the plant is commissioned.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

10 OPERATION & MAINTENANCE ORGANIZATION OF THE


POWER PLANT
The organization proposed ensures that the proposed power plant will be
headed by the plant manager, holding the full charge of the power plant
operations,

reporting

directly

to

the

project

promoters.

The

staffing

recommended here takes care of the operation, maintenance and record


keeping.

The plant manager should be a graduate engineer with minimum of 10 years of


experience out of which at least five years should have been worked in a power
plant.

Shift supervisors should be provided housing nearby the power plant premises.
It is considered that these personnel will be available for 24 hours for meeting
any emergency requirements of the operation of the plant.

The plant manger will be in charge for both technical and administrative
functions. The organization under plant manager shall be divided into operation
and maintenance group.
The plant operation team will work in three shifts per day. Each shift will be
controlled by a shift supervisor. There will be an additional shift supervisor who
will function as reliever.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

10.1 Training
During the commissioning of the plant training will be imparted to the operators
and shift supervisors, this operational training shall be to acquaint the operators
with the following:

The nature, purpose and limitations of all plant and equipment.

The detailed operating instructions on each section and equipment of the


plant.

Normal startup and shutdown Program for the plant.

The emergency procedures.

The basis for the training shall be the plant's operating and maintenance
manual, contract document, drawings which is provided by the manufacturer.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

10.2 Plant Operation Organization Chart

PLANT MANAGER
1

PLANT ADMIN HEAD


1

PLANT SUPERVISOR
Shift No.1 1 No.

PLANT HELPER
Shift No.1 3 No.

PLANT SUPERVISOR
Shift No.2 1 No.

PLANT HELPER
Shift No.2 3 No.

PLANT SUPERVISOR
Shift No.3 1No.

PLANT HELPER
Shift No.3 3 No.

PLANT SUPERVISOR
Reliever 1 No.

PLANT OPERATOR
Reliever 3 No.

PLANT HELPER
Reliever 2 No.

ACCOUNTANT
1

SECURITY
Shift No.1 1 No.

SECURITY
Shift No.2 1No.

SECURITY
Shift No.3 1 No.

SECURITY
Reliever - 1 No.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

10.3 Project Implementation Strategy


It is envisaged that the project will have the below mentioned phase of
activities. These phases are not mutually exclusive; to implement the project on
fast track basis some degree of overlapping is envisaged.

Project Development

Finalization of the Equipment and Contracts

Procurement and Construction

Plant Commissioning and performance testing

10.4 Project Development


In a power project, development of the project plays an important role. Almost
50 % of the work is done if one achieves power purchase agreement from the
NTPC Vidyut Vyapar Nigam Ltd (NVVN).
Apart from the above the below listed tasks will be under project development:
1. Preparation of Detailed Project Report (DPR)
2. Participation

in

RFQ/submission

of

application

with

documents

for

registration with NVVN


3. Expedite LOI from NVVN
4. Power purchase agreement (PPA) with NVVN
5. Financial closure

10.5 Finalization of the Equipments and Contracts


In the power plant PV modules, invertors and transformers are the long lead
items and the planning schedule for the project implementation should provide
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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

adequate time period for the installation of these equipment. The specifications
for major equipment like the Modules, Invertors and Transformer design shall
be drawn up at an early stage of the project. Program of design information,
from the equipment suppliers, that satisfies the overall project schedule shall be
drawn up.
Since, the project execution calls for closer coordination among the contractors,
consultants and the company, proper contract co-ordination and monitoring
procedures shall be made to plan and monitor the project progress.

10.6 Procurement and Construction


The procurement is an important function of the implementation of the project.
Once the purchase order is placed, the project team follows up regularly to
ensure smooth and timely execution of the contract and for obtaining technical
information for the inter-package engineering.
When the contract for the equipment are awarded, detailed program in the form
of network are tied up with the supplier to clearly indicate the owner's
obligations and the suppliers responsibilities. And upon placement of the
purchase order, the project team follows up regularly to ensure smooth and
timely execution of the contract and or obtaining technical information for the
inter-package

engineering.

The

procurement

activity

includes

review

of

drawings, expediting, stage and final pre-delivery inspection, supervision of


installation and commissioning.
To expedite supplies from the manufacturers, regular visits to the supplier's
works will have to be undertaken by the project engineers/consultants. The
manufacturing program and quality plans finalized at the time of award of
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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

contract. Regular reports shall be prepared indicating the schedule variations, if


any, their likely impact on the delivery schedule, and the recommendations to
meet with the schedules.
During construction, the erection and commissioning phase of all the contracts
proceed simultaneously. Adequate power and water shall be made available for
the construction. Construction manager of Saisudhir Energy takes the overall
responsibility of the site.

10.7 Erection and Commissioning Phase


The commissioning phase in a project is one where design, manufacturing,
erection and quality assurance expertise are put to test. The commissioning
team will be from manufacturer of the equipment, consultant and the company.
As discussed in the earlier section, staff identified to operate the plant will be
involved in the commissioning phase of the project itself.

When construction phase is complete, the check list designed to ensure that the
plant has been properly installed with appropriate safety measures. The
commissioning team will follow the operating instructions laid down by the plant
and equipment manufacturer. The plant shall be subjected to a performance
test, after the successful completion of the performance test of the plant, the
plant will be taken over by the company.
It is responsibility of the company to ensure that major civil work shall have to
be planned in the non-monsoon period. All the statutory clearances like
pollution control board clearance will be obtained much before of the start of
the project commissioning.

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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

11 PROJECT COST ESTIMATE AND FINANCIAL ANALYSIS


The cost of the power project is estimated, on the basis of the prevailing prices
rates and the estimation is for the installation of power generation facilities
described in the earlier sections of this report.

The cost of the solar power plant, presented in this section of the report covers
all the costs associated with the construction of the plant and included civil
construction cost, cost of equipment for power generation, cost of auxiliaries
and utilities. We have also taken the reference of CERC considered capital cost
for approving the purchase tariff for solar photovoltaic based power plants in
the country.

Table -: Project Cost Estimate


Particulars
Land

Rs. Mn
102.04

Civil Works

40.36

PV Modules

320.00

Module mounting Structures

50.00

BOS ( Balance of System ) including Combiner Box,


Invertors, data logging System etc.
Transmission Line. 12 KM Length

90.60

Terminal equipments at evacuation point


Prel. & Pre Operative Expenses (Includes IDC Rs. 26 Mn)
TOTAL

10.00
7.00
30.00
650.00

The Solar PV based power plant promoted by Saisudhir Energy Limited is


planned as an IPP. This power plant will supply power through APTRANSCO Grid
to NVVN on a long term power purchase agreement (PPA) as per the guidelines
of Jawaharlal Nehru National Solar Mission (JNNSM).
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Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

11.1 Plant Operation


The Gross generation of power in the proposed power plant will be 5 MW. Solar
power plants do not require any reactive power for its main plant components
and auxiliary equipment. The estimated energy generation, considering the
losses for 25 years (project life of the power plant) is depicted in the below
table.

Years
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
2019-20
2020-21
2021-22
2022-23
2023-24
2024-25
2025-26
2026-27
2027-28
2028-29
2029-30
2030-31
2031-32
2032-33
2033-34
2034-35
2035-36
2036-37

Net Export to Grid (GWh)


2.33
9.32
9.23
9.14
9.05
8.95
8.87
8.78
8.69
8.60
8.52
8.43
8.35
8.26
8.18
8.10
8.02
7.94
7.86
7.78
7.70
7.62
7.55
7.47
7.40
7.32

77

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

11.2 Salable Electricity


The Gross generation of power in the proposed power plant will be about 9.63
million units per annum at PV array in AC side after the PV array losses, the net
energy exportable to the grid after the PV array losses is estimated to be about
9.32 million units. This surplus energy from the plant is connected to APTransco
33/132 kV substation located about 10 km from the project site and sold to
NVVN on long term power purchase agreement as per the Jawaharlal Nehru
National Solar Mission (JNNSM) guidelines.

11.3 Sale Price of Electricity


As per the financial analysis carried out, it is envisaged that a power purchase
agreement would be entered into with NTPC Vidyut Vyapar Nigam Limited
(NVVN). Saiduhir energy has signed a power purchase agreement with NVVN at
a price of ` 12.00 per kWh. This tariff has been accepted by NVVN after a
competitive bidding carried out to purchase solar power on long term basis.

11.4 Sale Price of carbon credits


Certified Emissions Reductions or CER's are a "certificate" just like a stock. A
CER is given by the CDM Executive Board to projects in developing countries to
certify they have reduced green house gas emissions. Developed countries buy
CER's from developing countries under the CDM process to help them achieve
their Kyoto targets. The Kyoto protocol is defined by UNFCCC.

78

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

The existing protocol is defined up to 2012 i.e protocol expires by 2012. The
European Union, the major buyer of the carbon credits from green energy
projects from the developing countries restricted the use of CERs if no
agreement is reached on Kyoto protocol by 2012 by developing countries
including US. There are many market uncertainties in selling CERs generated,
majority of which depends on the policy decisions of the developing countries
and US to join the Kyoto protocol agreement for reducing carbon emissions.
Keeping the above CER market uncertainties in view, the prices of CERs are
considered for the current project at 12 per CER which works out to INR
7.5Mn.

79

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table -2: Assumptions for Financial Projections


Assumptions Supporting Financial Projections
Installed Capacity

Input value

Data Source

MW

5.00

Days

365.00

Industry norms

21.28%

As per the commitment from Vendor

Rs / kWh

12.00

Already PPA Signed with NTPC NVVN

O&M Expenses (on Project Cost)

0.53%

CERC Tariff regulations 2009 (reference)

Escalation in O&M

5.72%

CERC Tariff regulations 2009 (reference)

Average Working days / Annum


Plant Load Factor
Tariff

Interest on Term Loan

Proposed

11.50%

Assumed

Loan repayment Period / years

years

13

Assumed

Moratorium From COD/Years

years

Assumed

Interest on Working capital

13.00%

Assumed

Income Tax ( Regular)

32.45%

As per latest Budget 2011

Minimum Alternate Tax (MAT)

18.50%

As per latest Budget 2011

Incentives
MNRE Subsidy ( Rs. Million)

0.00

Tax holiday / years

MNRE Guidelines

10

As per Sec. 80IA of Income Tax Act,1961

Clean Development Mechanism (CDM) Revenue


Carbon Emission Remittance (CRE) price

Euro / ton

12

Assumed

Exchange rate

Rs / Euro

67

Assumed

GWh

9.32

Outputs
Generation

80

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Means of Finance
Share Capital - 30%
Term Loan
- 70%
TOTAL

Rs. Mn
195.00
455.00
650.00

Interest On Term Loan


(Rs.million)
Particulars / Years

Opening Term Loan

10

11

12

13

14

455.00

446.25

411.25

376.25

341.25

306.25

271.25

236.25

201.25

166.25

131.25

96.25

61.25

26.25

0.00

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

Repayment
Quarter I
Quarter II

0.00

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

Quarter III

0.00

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

Quarter IV

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

8.75

0.00

Loan Repayment

8.75

35.00

35.00

35.00

35.00

35.00

35.00

35.00

35.00

35.00

35.00

35.00

35.00

26.25

455.00

446.25

411.25

376.25

341.25

306.25

271.25

236.25

201.25

166.25

131.25

96.25

61.25

26.25

Quarter I

Outstanding Term Loan

455.00

437.50

402.50

367.50

332.50

297.50

262.50

227.50

192.50

157.50

122.50

87.50

52.50

17.50

Quarter II

455.00

428.75

393.75

358.75

323.75

288.75

253.75

218.75

183.75

148.75

113.75

78.75

43.75

8.75

Quarter III

455.00

420.00

385.00

350.00

315.00

280.00

245.00

210.00

175.00

140.00

105.00

70.00

35.00

0.00

Quarter IV

446.25

411.25

376.25

341.25

306.25

271.25

236.25

201.25

166.25

131.25

96.25

61.25

26.25

0.00

Quarter I

13.08

12.83

11.82

10.82

9.81

8.80

7.80

6.79

5.79

4.78

3.77

2.77

1.76

0.75

Quarter II

13.08

12.58

11.57

10.57

9.56

8.55

7.55

6.54

5.53

4.53

3.52

2.52

1.51

0.50

Quarter III

13.08

12.33

11.32

10.31

9.31

8.30

7.30

6.29

5.28

4.28

3.27

2.26

1.26

0.25

Interest

Quarter IV

13.08

12.08

11.07

10.06

9.06

8.05

7.04

6.04

5.03

4.03

3.02

2.01

1.01

0.00

Total Interest on Term Loan

52.33

49.81

45.78

41.76

37.73

33.71

29.68

25.66

21.63

17.61

13.58

9.56

5.53

1.51

81

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table -3: Estimation of Depreciation


Estimation of Depreciation

Apportionment of Pre-operatives
Particulars

(Rs.million)
Actual Cost

Pre-Operative Exp

Contingencies

Total Cost

102.04

4.94

0.00

106.98

Civil Works

40.36

1.95

0.00

42.31

PV Modules

320.00

15.48

0.00

335.48

Transmission Line. 12 KM Length

157.60

7.63

0.00

165.23

620.00

30.00

0.00

650.00

Land

Total

Calculation of Book Depreciation (SLM)


Particulars

(Rs.million)
Cost

Land

Depreciation

Residual Value

106.98

0.00

106.98

Civil Works

42.31

40.20

2.12

PV Modules

335.48

318.71

16.77

Transmission Line. 12 KM Length

165.23

156.96

8.26

650.00

515.87

134.13

Total
Deprectiaton per annum on SLM Basis

20.63

82

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Income Tax
Income Tax
as per MAT (18.5%) on profit
As per IT (30%+5%+3%) =32.45% on profit
Tax provision

Income Tax

(Rs.million)
2011-12

2012-13 2013-14

2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25

1.94

7.92

8.12

8.61

9.09

9.58

10.07

10.55

11.03

11.52

12.00

12.48

12.96

13.44

21.05

21.89

22.73

23.57

1.94

21.05

21.89

22.73

23.57

2025-26

2026-27 2027-28 2028-29

2029-30 2030-31 2031-32 2032-33 2033-34 2034-35 2035-36 2036-37

as per MAT (18.5%) on profit

13.91

13.92

13.65

13.37

13.09

12.81

12.52

12.23

11.93

11.63

11.33

11.02

As per IT (30%+5%+3%) =32.45% on profit

24.40

24.42

23.94

23.45

22.96

22.46

21.96

21.45

20.93

20.41

19.87

19.33

Tax provision

24.40

24.42

23.94

23.45

22.96

22.46

21.96

21.45

20.93

20.41

19.87

19.33

Note:
Tax holiday as per Sec 80IA of IT Act, 1961 is considered for the first 10 years from commercial operation. However, tax is paid as per
Minimum Alternate Tax (MAT) at 18.50% on profits. The tax so paid is available for credit up to 10 years. The amount will be shown as
asset in Balance Sheet. Since the tax paid in the first year cannot be utilized for adjustment in 11 year, it is charged to Profit and Loss
statement. Subsequent payments of tax till 10th year are considered as asset and are adjusted to tax payable from 11th years onwards.

83

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table -4: Project Profit & Loss Statement, Balance Sheet, Cash Flow, Project IRR and Working Capital
Summary of the Projections for 5 MW
Factor
Project Cost
Equity - 30%
Debt - 70%
Project IRR
Equity IRR
DSCR - Min
DSCR - Avg

Unit
Rs. Mn
Rs. Mn
Rs. Mn
%
%
times
times

Value
650.00
195.00
455.00
13.63%
18.89%
1.35
1.65

Projected Profitability Statement


Particulars

2011-12

Rs Mn
2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 2034-35 2035-36 2036-37

(3 months)
Net Export to Grid(Units in Mn)
Tariff (Rs /KWh)
CDM Revenue

2.33

9.32

9.23

9.14

9.05

8.95

8.87

8.78

8.69

8.60

8.52

8.43

8.35

8.26

8.18

8.10

8.02

7.94

7.86

7.78

7.70

7.62

7.55

7.47

7.40

7.32

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

12.00

1.87

7.49

7.42

7.35

7.27

7.20

7.13

7.06

6.99

6.92

6.85

6.78

6.71

6.64

6.58

6.51

6.45

6.38

6.32

6.25

6.19

6.13

6.07

6.01

5.95

5.89

Power Revenue

27.97

111.86

110.75

109.64

108.54

107.46

106.38

105.32

104.26

103.22

102.19

101.17

100.16

99.15

98.16

97.18

96.21

95.25

94.29

93.35

92.42

91.49

90.58

89.67

88.78

87.89

Total Revenue

29.84

119.36

118.17

116.98

115.81

114.66

113.51

112.37

111.25

110.14

109.04

107.95

106.87

105.80

104.74

103.69

102.66

101.63

100.61

99.61

98.61

97.62

96.65

95.68

94.72

93.78

Direct Cost - O&M Expenses

0.87

3.46

3.66

3.87

4.09

4.33

4.58

4.84

5.11

5.41

5.72

6.04

6.39

6.75

7.14

7.55

7.98

8.44

8.92

9.43

9.97

10.54

11.14

11.78

12.45

13.16

Employee Cost

0.03

0.11

0.12

0.12

0.13

0.13

0.14

0.15

0.15

0.16

0.17

0.18

0.19

0.20

0.21

0.22

0.23

0.24

0.25

0.26

0.28

0.29

0.31

0.32

0.34

0.35

Administrative Expenses

0.01

0.04

0.04

0.04

0.04

0.04

0.04

0.04

0.04

0.04

0.04

0.04

0.04

0.04

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.06

0.06

0.06

0.06

13.30

52.33

49.81

45.78

41.76

37.73

33.71

29.68

25.66

21.63

17.61

13.58

9.56

5.53

1.51

5.16

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

20.63

Total Expenses

19.36

76.57

74.26

70.45

66.65

62.87

59.10

55.34

51.60

47.88

44.17

40.48

36.81

33.16

29.54

28.45

28.89

29.36

29.86

30.38

30.93

31.52

32.14

32.79

33.48

34.21

Profit Before Tax (PBT)

10.47

42.79

43.91

46.53

49.16

51.79

54.41

57.03

59.65

62.26

64.86

67.46

70.05

72.63

75.20

75.25

73.77

72.27

70.76

69.23

67.68

66.11

64.51

62.89

61.24

59.56

Expenses

Interest and Financial Charges


Depreciation

Income Tax

1.94

21.05

21.89

22.73

23.57

24.40

24.42

23.94

23.45

22.96

22.46

21.96

21.45

20.93

20.41

19.87

19.33

Profit After Tax (PAT)

8.54

42.79

43.91

46.53

49.16

51.79

54.41

57.03

59.65

62.26

43.82

45.57

47.32

49.06

50.80

50.83

49.83

48.82

47.80

46.76

45.72

44.65

43.58

42.48

41.37

40.24

EBDITA over Total Revenue

96.98%

96.98%

96.77%

96.56%

96.32%

96.08%

95.81%

95.53%

95.23%

94.91%

94.56%

94.20%

93.81%

93.39%

92.94%

92.47%

91.96%

91.42%

90.84% 90.22% 89.56% 88.85% 88.10% 87.29% 86.44% 85.52%

PBT over Total Revenue

35.10%

35.85%

37.16%

39.78%

42.45%

45.17%

47.94%

50.75%

53.62%

56.53%

59.49%

62.50%

65.55%

68.65%

71.80%

72.57%

71.86%

71.11%

70.33% 69.50% 68.63% 67.71% 66.75% 65.73% 64.65% 63.52%

PAT over Total Revenue

28.61%

35.85%

37.16%

39.78%

42.45%

45.17%

47.94%

50.75%

53.62%

56.53%

40.18%

42.22%

44.28%

46.38%

48.50%

49.02%

48.54%

48.04%

47.51% 46.95% 46.36% 45.74% 45.09% 44.40% 43.67% 42.90%

84

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Rs. Mn
2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 2034-35 2035-36 2036-37
195.00 195.00 195.00 195.00 195.00 195.00 195.00 195.00 195.00 195.00 195.00 195.00 195.00 195.00 195.00 195.00
195.00
195.00 195.00 195.00 195.00 195.00
195.00
195.00
195.00 195.00
8.54 51.33
95.23 141.77 190.93 242.72 297.13 354.16 413.81 476.07 519.88 565.45 612.77 661.84 712.64 763.47
813.29
862.11 909.91 956.67 1,002.39 1,047.04 1,090.62 1,133.10 1,174.47 1,214.71
455.00 446.25 411.25 376.25 341.25 306.25 271.25 236.25 201.25 166.25 131.25
96.25
61.25 26.25
24.40 24.42
23.94
23.45
22.96
22.46
21.96
21.45
20.93
20.41
19.87
19.33

Projected Balance Sheet


Particulars
Share Capital
Reserves & Surplus
Term Loan
Other Liabilities
Total

658.54 692.58

701.48 713.02 727.18

743.97 763.38

785.41

810.06

837.32

846.13

856.70

869.02

883.09 932.04 982.88 1,032.23

Fixed Assets
Less : Depreciation
Net Block
Debtors
Other Assets
Bank Account

650.00 650.00
5.16 25.79
644.84 624.21
20.52 20.52
7.92
(6.82) 39.94

650.00
46.43
603.57
20.33
16.04
61.54

650.00
108.33
541.67
19.34
43.32
139.64

650.00
128.97
521.03
19.02
53.39
169.94

650.00
149.60
500.40
18.70
63.94
202.38

650.00
170.24
479.76
18.38
74.97
236.94

650.00
190.87
459.13
18.06
86.49
273.63

650.00
211.51
438.49
17.75
65.44
324.44

650.00
232.14
417.86
17.45
43.55
377.85

650.00
252.78
397.22
17.14
20.82
433.84

650.00
273.41
376.59
16.84
0.00
489.66

Total

658.54 692.58

701.48 713.02 727.18

743.97 763.38

785.41

810.06

837.32

846.13

856.70

869.02

883.09 932.04 982.88 1,032.23

Cash Flow Statement


Particulars
Realisations
Total Inflow

650.00
67.06
582.94
20.00
24.65
85.44

650.00
87.70
562.30
19.67
33.74
111.47

650.00
294.05
355.95
16.54
24.40
535.14

650.00
314.68
335.32
16.24
24.42
606.90

650.00
335.32
314.68
15.95
23.94
677.66

1,080.56 1,127.87 1,174.14 1,219.35 1,263.49

1,306.55

1,348.51 1,389.34 1,429.03

650.00 650.00
417.86 438.49
232.14 211.51
14.81
14.53
21.96
21.45
950.43 1,016.00

650.00
459.13
190.87
14.25
20.93
1,080.49

650.00
479.76
170.24
13.98
20.41
1,143.88

1,080.56 1,127.87 1,174.14 1,219.35 1,263.49

1,306.55

1,348.51 1,389.34 1,429.03

650.00
355.95
294.05
15.66
23.45
747.40

650.00
376.59
273.41
15.37
22.96
816.12

650.00
397.22
252.78
15.09
22.46
883.80

650.00
500.40
149.60
13.71
19.87
1,206.15

650.00
521.03
128.97
13.44
19.33
1,267.29

Rs, Mn
2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 2034-35 2035-36 2036-37
9.32 119.36 118.35 117.32 116.14 114.98 113.83 112.69 111.57 110.45 109.35 108.25 107.17 106.10 105.04 103.99 102.95 101.92 100.90 99.89 98.89 97.90 96.92 95.95 95.00 94.05
9.32 119.36 118.35 117.32 116.14 114.98 113.83 112.69 111.57 110.45 109.35 108.25 107.17 106.10 105.04 103.99 102.95 101.92 100.90 99.89 98.89 97.90 96.92 95.95 95.00 94.05

O&M Expenses
Employee Cost
Admin Cost
Interest on Longterm Debt
Loan Repayment
Income Tax
Total Outflow

0.87
0.03
0.01
13.30
1.94
16.14

3.46
0.11
0.04
52.33
8.75
7.92
72.60

3.66
0.12
0.04
49.81
35.00
8.12
96.75

3.87
0.12
0.04
45.78
35.00
8.61
93.42

4.09
0.13
0.04
41.76
35.00
9.09
90.11

4.33
0.13
0.04
37.73
35.00
9.58
86.81

4.58
0.14
0.04
33.71
35.00
10.07
83.53

4.84
0.15
0.04
29.68
35.00
10.55
80.26

5.11
0.15
0.04
25.66
35.00
11.03
77.00

5.41
0.16
0.04
21.63
35.00
11.52
73.76

5.72
0.17
0.04
17.61
35.00
58.54

6.04
0.18
0.04
13.58
35.00
54.85

6.39
0.19
0.04
9.56
35.00
51.18

6.75
0.20
0.04
5.53
35.00
2.75
50.28

7.14
0.21
0.05
1.51
26.25
24.40
59.56

7.55
0.22
0.05
24.42
32.23

7.98
0.23
0.05
23.94
32.19

8.44
0.24
0.05
23.45
32.18

8.92 9.43
0.25 0.26
0.05 0.05
22.96 22.46
32.18 32.21

9.97 10.54
0.28 0.29
0.05 0.05
21.96 21.45
32.26 32.34

11.14
0.31
0.06
20.93
32.44

11.78
0.32
0.06
20.41
32.56

12.45
0.34
0.06
19.87
32.72

13.16
0.35
0.06
19.33
32.91

Net Cash Flow

(6.82) 46.76

21.61

23.89

26.03

28.17

30.30

32.44

34.57

36.69

50.81

53.41

55.99

55.82

45.48

71.76

70.76

69.74

68.72

66.63

64.49

63.39

62.27

61.14

67.68

65.57

85

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Project IRR and Equity IRR


Returns:
Project IRR

Cost

Outflow:
Inflow:
PAT
Depreciation
Interest
Salvage Value
Total

(650.00)

Project IRR

13.63%

Rs. Mn
2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 2034-35 2035-36 2036-37

8.54
5.16
13.30

42.79
20.63
52.33

43.91
20.63
49.81

46.53
20.63
45.78

49.16
20.63
41.76

51.79
20.63
37.73

54.41
20.63
33.71

57.03
20.63
29.68

59.65
20.63
25.66

62.26
20.63
21.63

43.82
20.63
17.61

45.57
20.63
13.58

47.32
20.63
9.56

49.06
20.63
5.53

(650.00) 27.00

115.75

114.35

112.95

111.56

110.16

108.75

107.35

105.94

104.53

82.06

79.79

77.52

75.23

50.80
20.63
1.51

50.83
20.63
-

49.83
20.63
-

48.82
20.63
-

47.80
20.63
-

46.76
20.63
-

45.72
20.63
-

44.65
20.63
-

43.58
20.63
-

42.48
20.63
-

41.37
20.63
-

40.24
20.63
134.13
72.94 71.46 70.46 69.45 68.43 67.40 66.35 65.29 64.21 63.12 62.00 195.00

50.80
20.63
26.25

50.83
20.63
0.00

49.83
20.63
0.00

48.82
20.63
0.00

47.80
20.63
0.00

46.76
20.63
0.00

45.72
20.63
0.00

44.65
20.63
0.00

43.58
20.63
0.00

42.48
20.63
0.00

41.37
20.63
0.00

Equity IRR
Outflow:
Inflow:
PAT
Depreciation
Loan Repayment
Salvage Value
Total

(195.00)

Equity IRR

18.89%

(195.00)

8.54
5.16
0.00

42.79
20.63
8.75

43.91
20.63
35.00

46.53
20.63
35.00

49.16
20.63
35.00

51.79
20.63
35.00

54.41
20.63
35.00

57.03
20.63
35.00

59.65
20.63
35.00

62.26
20.63
35.00

43.82
20.63
35.00

45.57
20.63
35.00

47.32
20.63
35.00

49.06
20.63
35.00

13.70

54.67

29.54

32.17

34.80

37.42

40.05

42.67

45.28

47.89

29.45

31.21

32.96

34.70

40.24
20.63
0.00
134.13
45.18 71.46 70.46 69.45 68.43 67.40 66.35 65.29 64.21 63.12 62.00 195.00

86

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Rs Mn

Working Capital
Years
Month Ended
Realisations
Total Inflow
O&M Expenses
Employee Cost
Admin Cost
Interest on Longterm Debt
Loan Repayment
Income Tax
Total Outflow
Working Capital Requirement
Cumulative Working
Capital Requirement

Jan
-

2011-12
Feb
-

Mar
April
9.32
9.32
9.32
9.32

2012-13
Sept
Oct
9.32
9.32
9.32
9.32

May
9.32
9.32

June
9.32
9.32

Jul
9.32
9.32

Aug
9.32
9.32

0.29
0.01
0.00
-

0.29
0.01
0.00
-

0.29
0.01
0.00
13.08
-

0.29
0.01
0.00
-

0.29
0.01
0.00
-

0.29
0.01
0.00
13.08
-

Nov
9.32
9.32

Dec
9.32
9.32

Jan
9.32
9.32

Feb
9.32
9.32

Mar
16.82
16.82

April
9.32
9.32

May
9.32
9.32

June
9.23
9.23

Jul
9.23
9.23

Aug
9.23
9.23

0.29
0.01
0.00
-

0.29
0.01
0.00
-

0.29
0.01
0.00
13.08
-

0.29
0.01
0.00
-

0.29
0.01
0.00
-

0.31
0.01
0.00
-

0.31
0.01
0.00
-

0.31
0.01
0.00
12.83
8.75

0.31
0.01
0.00
-

0.31
0.01
0.00
-

0.31
0.01
0.00
12.58
8.75

0.32

0.32

21.90

0.32

0.32

(9.00)

(9.00)

12.67

(8.91)

(8.91)

0.29
0.01
0.00
-

0.29
0.01
0.00
-

0.29
0.01
0.00
13.30

0.30

0.30

1.94
15.54

0.30

0.30

13.38

0.30

0.30

13.38

0.30

0.30

13.38

0.30

0.30

0.29
0.01
0.00
13.08
8.75
7.92
30.05

0.30

0.30

6.22

(9.02)

(9.02)

4.06

(9.02)

(9.02)

4.06

(9.02)

(9.02)

4.06

(9.02)

(9.02)

13.23

0.30

0.60

6.82

(2.20) (11.22)

(7.16) (16.18)

(25.20) (21.14)

2013-14
Sept
Oct
9.23
9.23
9.23
9.23

(30.16)

(39.19) (35.12)

(44.15) (53.17)

(39.94)

(48.94) (57.94)

(45.28) (54.19) (63.10)

Nov
9.23
9.23

Dec
9.23
9.23

Jan
9.23
9.23

Feb
9.23
9.23

Mar
16.65
16.65

0.31
0.01
0.00
-

0.31
0.01
0.00
-

0.31
0.01
0.00
12.33
8.75

0.31
0.01
0.00
-

0.31
0.01
0.00
-

21.65

0.32

0.32

21.39

0.32

0.32

0.31
0.01
0.00
12.08
8.75
8.12
21.14

12.42

(8.91)

(8.91)

12.17

(8.91)

(8.91)

4.49

(50.68) (59.59)

(68.50)

(56.34) (65.25) (74.16)

87

(69.66)

Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh

Table -5: Project Debt Service Coverage Ratio (DSCR)


Project Debt Service Coverage Ratio (DSCR)
Details
A - SERVICE
Net Profit after Tax
Depreciation
Interest on term Loan
TOTAL - A
B - DEBT
Installment on Term Loan
Interest on Term Loan
TOTAL - B
DSCR
Min DSCR
Avg DSCR

Rs Mn.

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27
8.54
5.16
13.30
27.00

42.79
20.63
52.33
115.75

43.91
20.63
49.81
114.35

46.53
20.63
45.78
112.95

49.16
20.63
41.76
111.56

51.79
20.63
37.73
110.16

54.41
20.63
33.71
108.75

57.03
20.63
29.68
107.35

59.65
20.63
25.66
105.94

62.26
20.63
21.63
104.53

43.82
20.63
17.61
82.06

45.57
20.63
13.58
79.79

47.32
20.63
9.56
77.52

49.06
20.63
5.53
75.23

50.80
20.63
1.51
72.94

50.83
20.63
71.46

13.30
13.30
2.03

8.75
52.33
61.08
1.90

35.00
49.81
84.81
1.35

35.00
45.78
80.78
1.40

35.00
41.76
76.76
1.45

35.00
37.73
72.73
1.51

35.00
33.71
68.71
1.58

35.00
29.68
64.68
1.66

35.00
25.66
60.66
1.75

35.00
21.63
56.63
1.85

35.00
17.61
52.61
1.56

35.00
13.58
48.58
1.64

35.00
9.56
44.56
1.74

35.00
5.53
40.53
1.86

26.25
1.51
27.76
2.63

1.35
1.65

88

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