Escolar Documentos
Profissional Documentos
Cultura Documentos
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
8.1
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
9.1
9.2
9.3
9.4
9.5
9.6
9.7
9.8
10
11
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
LIST OF TABLES:
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
Table
Table
Table
Table
Table
Table
Table
List of Figures:
Figure
Figure
Figure
Figure
1:
2:
3:
4:
Annexure
1
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
BOS
CO2
Carbon Dioxide
CIS
CT
Current Transformer
DAS
DC
Direct Current
DP
Double Pole
DPR
APTRANSCO
HT
High Tension
LT
Low Tension
LV
Low Voltage
MNRE
kWh
NO2
Nitrous Oxide
MCB
MFM
PLF
PFC
PPA
PV
Photo Voltaic
PT
Power Transformer
SEB
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
SO2
Sulphur Dioxide
SP
Single Pole
VCB
XLPE
Units
Percentage
Degree Centigrade
Hour
Ha
Hectare
Kg
Kilogram
kV
Kilo-Volt
kW
kilo Watt
kWe
kWp
Lt
Liter
Meter
m2
Square meter
m3
Cubic meter
Mg
milli gram
Mm
milli meter
MW
Mega Watt
MWe
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
SAISUDHIR
Energy
Limited
(SSEL)
group
company
of
SAISUDHIR
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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
the
4.
5.
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
6.
7.
8.
9.
including
the
inverter
system,
electrical
systems,
10.
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:
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
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
19.
20.
21.
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
Selected Location
Anantapur
Seismic Zone
Access by Bus
Nearest Airport
Access by Rail
10
130 Wp
11
No. of modules
41,600 Nos
12
MS Galvanised(> 70 micron)
13
14
5,200 Nos.
15
80 Nos.
16
500 kVA
17
18
No. of invertors
10 Nos.
19
Invertors make
AEG or equivalent
20
5 Nos
21
1 No.
13
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
22
5 Nos.
23
2 Nos
24
1 set
25
27
28
12.00
29
21.28%
30
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
11.50%
35
13.63 %
36
18.89 %
37
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
OTHER FACILITIES
41
Mode of Implementation
42
PROJECT COST
43
Project Cost
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
in
the
coming
decades.
Besides
energy
independence,
the
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.
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
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.
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.
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
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
Peak
Demand
(MW)
Peak Met
(MW)
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*
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
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
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
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
Period
Peak
Met
(MW)
Peak
deficit/
Surplus
(MW)
Peak
Deficit/
Surplus (
%)
Energy
Requirment
(MU)
Energy
Availability
(MU)
Energy
Energy
Deficit/
Deficit/
Surplus Surplus (
%)
(MU)
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
PROJECT
AGENCY
STATUS
TYPE
SIMHADRI-EXT U-3,4
NTPC
Under Construction
COAL
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
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
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
1,275
20
TOTAL (AP)
4,719
20
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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
KONDAPALLI CCPP
KONDAPALLI CCPP
G
T
U
U
233.00
366.00
233..00
366.00
233.00
133.00
PRIVATE-SECTOR TOTAL:-
1,275.00
GRAND-TOTAL:-
3,757.00
(2010-2012)
(20110-2012)
COMM 220.00 11.04.2007
(2010-2011)
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%.
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:
and
unskilled
labour
for
development,
engineering,
procurement
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.
24
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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.
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
M.Ms. of
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
falls
about
15.7 C,
26
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
Availability of adequate land for Power Plant and green belt development
27
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
Figure :
Figure :
Proposed
Project site for
5 MW SPV
Power Project
at Veerapura
28
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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.
30
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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
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
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).
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
3.3
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.
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
6-8%
Under development
Heavier modules
Less power per unit area
20-25%
Under development
Heaviest System
Highest power per unit area
High variation
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
22
Cabling
23
Good
20
CPV
Triple Junction GaAs Cell &
lens , tracker
Plant Maintenance
Good
Good
38
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
3.4
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
++
+++
Appearance
++
++
High Temperature
++
++
Degradation
++
++
Production cost
++
++
Manufacturing process
Environmental
contribution
++
++
++
39
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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
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:
40
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
4.2
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 mounting and orientation of the system (i.e., flat, fixed-tilt, tracking,
etc.).
System
losses
from
soiling,
transformers,
inverters,
and
wiring
inefficiencies.
4.3
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
4.4
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
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:
(string wise
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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
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.
43
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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.
44
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
5.2
Central Invertors
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
47
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
5.1
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
(string wise
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
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.
49
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
Cable is of
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
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.
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
50
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
facilities
required
for
the
installation,
commissioning,
operation
and
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
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.
51
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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
5200 Nos.
Voc=750Volt
Vmax=600Volt
80 Nos.
06 Input 1
output type.
10 Nos.
5 Nos.
7
8
1 No.
5 Nos.
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
52
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
Technical Specifications for a typical Solar Photovoltaic CIS Thin film module
at Standard Test Conditons (STC)
Output power Pmax (Watts)
130 Wp +/-5%
130 Wp +/-5%
Voltage at Pmax
77.0 V
Current at Pmax
1.82 A
Open-circuit voltage
109 V
2.10 A
DC 600 V
Fuse rating
15 A
Suitability
Module output
Certification
IEC 61646
Fire rating
Class C
Power warranty
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
53
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
Specifications
Standard
IS 1554/694-1990
Working voltage
Up to 1100V
Temperature range
Sizes
Suitable sizes
Specifications
500-580 kWp
Output Voltage
AC outputs
DC inputs
Output power
4 minimum
500 kW or above
Less than 2%
Operating mode
Power factor (Cos)
Ambient temperature range
Relative humidity
Protection Type
Automatic turn on
Resetting time after AC
deactivation
Minimum 2 minutes
Protection
54
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
Specifications
Transformer
No. of Phases
Type
Cooling type
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
33 kV side
1.32 %
4.68 %
>99%
98.5~99%
98~98.9%
Insulation class
Class-A
Enclosure
Confirms to IS 335
Applicable standards
IS2026
55
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
Specifications
Transformer
No. of Phases
Type
Cooling type
Installation
Outdoor
Primary voltage
415V
HV
33000 volts
LV
11000 volts
Vector Group
Percentage impedance
5%
System voltage
33kV at 33 kV panel
11 kV side
1.32 %
4.68 %
>99%
98.5~99%
98~98.9%
Insulation class
Class-A
Enclosure
Confirms to IS 335
Applicable standards
IS2026
56
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
components
(like
junction
boxes).
The
system
supports
the
as yields and the system efficiency, to the Internet portal, where the
data
is
converted
into
straightforward
diagrams
and
stored.
String
monitoring
junction boxes
Communication
modem
(analogue/Ethernet),
CAN
open
interface
for
57
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
7.1
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
58
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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 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.
59
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
7.3
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
60
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.
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
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
61
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
7.8
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.
62
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
8.1
8.2
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
8.3
Mode of Operation
64
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
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
8.6
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
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
66
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.
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.
67
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
9 ENVIRONMENTAL
MANAGEMENT
PROTECTION
AND
WASTE
The operation of
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.
68
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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.
69
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
reporting
directly
to
the
project
promoters.
The
staffing
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.
70
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 basis for the training shall be the plant's operating and maintenance
manual, contract document, drawings which is provided by the manufacturer.
71
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
PLANT MANAGER
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.
72
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
Project Development
in
RFQ/submission
of
application
with
documents
for
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.
engineering.
The
procurement
activity
includes
review
of
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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.
75
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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.
Rs. Mn
102.04
Civil Works
40.36
PV Modules
320.00
50.00
90.60
10.00
7.00
30.00
650.00
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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
77
Detailed Project Report on 5 MW SPV based power plant at Veerapuram, Anantapur district. Andhra Pradesh
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
Input value
Data Source
MW
5.00
Days
365.00
Industry norms
21.28%
Rs / kWh
12.00
0.53%
Escalation in O&M
5.72%
Proposed
11.50%
Assumed
years
13
Assumed
years
Assumed
13.00%
Assumed
32.45%
18.50%
Incentives
MNRE Subsidy ( Rs. Million)
0.00
MNRE Guidelines
10
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
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
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
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
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
157.60
7.63
0.00
165.23
620.00
30.00
0.00
650.00
Land
Total
(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
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
13.91
13.92
13.65
13.37
13.09
12.81
12.52
12.23
11.93
11.63
11.33
11.02
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
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
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
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
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
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
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%
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%
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%
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
658.54 692.58
743.97 763.38
785.41
810.06
837.32
846.13
856.70
869.02
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
743.97 763.38
785.41
810.06
837.32
846.13
856.70
869.02
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
1,306.55
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
1,306.55
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
(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
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)
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)
87
(69.66)
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
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