ACHIEVING SUSTAINABILITY THROUGH HIGH IMPACT ENERGY EFFICIENCY:

SOLAR ROOFTOP ACHIEVING GRID PARITY

- Anmol Singh Jaggi

Sustainability
Economy

Sustainability

Equity

Ecology

According to the Webster definition

Involving methods that do not completely use up
or destroy natural resources
Able to last or continue for a long time

Energy Efficiency

Have skylights & right orientation in building

Reduce Plug in Loads as they are controllable.

Replace Boilers / Furnaces with new versions

Have better ventilation / air conditioning

Energy Efficiency

Have skylights & right orientation in building

Most

How do you do that in an Existing Building?

Reduce Plug in Loads as they are controllable.

Solutions Are

How easy is it to control the natural habits of your team members?

Replace Boilers / Furnaces with new versions

Incomplete Or

What about the Loan you had taken to install the existing one?
Have better ventilation / air conditioning

Not Measureable

Can your 12 year old calculate the savings involved?

Introducing Solar

Install
Anywhere

Limitless
Potential

Cap the
Power Cost

Measurable
Impact

Customize
to Needs

Introducing Solar

Install
Anywhere

The Only Way to

Is to

Assured
Availability

Measurable
Impact

REDUCE

REPLACE

Electricity permanently

Electricity permanently
Cap the
Power Cost

Customize
to Needs

Provisions of the Companies Bill Relating to CSR

Under the Section 135 of new Companies
Act, 2013, passed by Parliament in August
2013, profitable companies must spend
every year at least 2 per cent of their
average net profit over the preceding
three years on CSR works. This
mandatory CSR-spend rule will apply from
fiscal 2014-15 onwards. Those companies
that have a turnover of Rs. 1,000 crore or
more or net worth of Rs. 500 crore or
more or net profit of Rs. 5 crore or more
will have to comply.
As per Schedule VII
ensuring environmental
sustainability may be
included by companies in
their Corporate Social
Responsibility Policies.

Why Rooftop?

Andhra Pradesh
Tamil Nadu
Kerala

Well Proven
Technology
Easy
Installation

Accelerated
Depreciation
Benefit
Net Metering

Policy &
Regulatory
Support

Financial
Viability

Technically
Feasible

Increased
Assurance
on Power
Supply

25 Years
Warranty

Solar Rooftop Overview

1 kW of Solar Panel:

Generates 4 units in a day

Requires 12 sqm of shadow free

rooftop space for installation

The Panels come warrantied for 25

years

Equipments/Services

Matrix of operating scenarios

TIME

GRID

Available
Day
Not
Available
Available
Night
Not
Available

BATTERY
STATUS

Solar
Rooftop

SUPPLY TO
BATTERY
Solar
Grid
Rooftop

SUPPLY TO LOAD
Battery Grid

Cost 100 kW
System (Rs.)

Modules (Vikram/Waaree/ Reputed)

41,00,000

Inverter ( Danfoss/ Delta/ Reputed)

10,00,000

Structure (Hot dip galvanized iron)

6,00,000

Electrical & Civil Works

7,00,000

Charged

Discharged

Charged

Discharged

Cables ( Any reputed)

1,00,000

Charged

Combiner Box

1,00,000

Discharged

Design & Engineering

2,00,000

Charged

Contingency & Contractor Margin

5,00,000

Discharged

Total

73,00,000

On Grid system SLD

Off Grid System SLD

Net Metering
It is an incentive program to encourage customers to install distributed generation
Customers offset own electricity usage
Customers are compensated for any electricity they generate and dont use
Week 1

Mon

SOLAR Generation
Consumption

Tues

Wed

Thurs Fri

Sat

Produced from the Solar System

Consumed from Grid
Consumed from Solar System

Export to Grid
Week 2
SOLAR Generation
Consumption
Export to Grid

Sun

Extra
Mon

Tues

Wed

Thurs Fri

Sat

Sun

Produced from the Solar System

Week 1 Credit

Consumed from Grid

Consumed from Solar System

Extra

Net Metering: Case Study Schools

Working Months

Solar System
Electricity Usage
Produces 10,000 units 50,000 units

Charged for
40,000 units

Solar System
Electricity Usage
Produces 10,000 units
2,000 units

8,000 units
credited

Vacation Months

Education
Institutes

Seasonal
Industries

Warehouse

Software
Parks

State: Andhra Pradesh (Commercial & Industrial)

Key Assumptions

IRR Comparison

Variables:
Accelerated depreciation included

21.63%

Accelerated depreciation excluded

Capital Cost

Rs.73,000/kW

Plant Load Factor

19%

Loan Terms

100% Domestic loans

Debt: Equity

70:30

Rate of Interest

13.0%

Tenure of Loan

7 years

O&M

Rs. 9 Lac/MW escalation @ 5.72%

COD

31-Mar-14

Cost of Diesel consumption

Rs14/kW

Power cut /day

2 hrs

State

Andhra Pradesh

Category

Industrial / Commercial

Tariff

Rs 5.70/kWh / Rs 6.50/kWh

Blended rate

Rs. 7.36/kWh / Rs 8/kWh

18.65%
16.48%
14.42%

Industrial

Commercial

State Focus: Tamil Nadu (Commercial & Industrial)

Key Assumptions

IRR Comparison

Variables:
Accelerated depreciation included
Accelerated depreciation excluded
Capital Cost

Rs.73,000/kW

Plant Load Factor

18.5%

Loan Terms

100% Domestic loans

Debt: Equity

70:30

Rate of Interest

13.0%

Tenure of Loan

7years

O&M

Rs. 9 Lac/MW escalation @ 5.72%

COD

31-Mar-14

22.50%

17.10%
17.06%
13.33%

Cost of Diesel consumption Rs14/kW

Power cut /day

2hrs

Category

Industrial/Commercial

Tariff

Rs5.50/kWh/Rs 7.00/kWh

Industrial

Commercial

State Focus: Karnataka (Commercial & Industrial)

Key Assumptions

IRR Comparison

Variables:
Accelerated depreciation included
Accelerated depreciation excluded
Capital Cost

Rs.73,000/kW

Plant Load Factor

18.50%

Loan Terms

100% Domestic loans

Debt: Equity

70:30

Rate of Interest

13.0%

Tenure of Loan

7 years

O&M

Rs. 9 Lac/MW escalation @ 5.72%

COD

31-Mar-14

21.37%
17.10%
16.30%
13.33%

Cost of Diesel consumption Rs14/kW

Power cut /day

2hrs

Category

Industrial/Commercial
Industrial

Tariff

Rs5.50/kWh / Rs 6.70/kWh

Commercial

State Focus: Maharashtra (Commercial & Industrial)

IRR Comparison

Key Assumptions
Variables:
Accelerated depreciation included

32.87%

Accelerated depreciation excluded

Capital Cost

Rs.73,000/kW

Plant Load Factor

18%

Loan Terms

100% Domestic loans

Debt: Equity

70:30

Rate of Interest

13.0%

Tenure of Loan
O&M

7 years
Rs. 9 Lac/MW escalation @
5.72%

COD

31-Mar-14

Cost of Diesel consumption

Rs14/kW

Power cut /day

2 hrs

Category

Industrial / Commercial

Tariff

Rs7/kWh / Rs 9.80/kWh

21.43% 23.61%
16.34%

Industrial

Commercial

1 kW Rooftop System
Solar Rooftop
Daily electricity generation (kWh)

Deration in generation during first 2 years

1.50%

Deration from the 3rd year

0.70%

Cost of the 1 kW solar rooftop system (INR)

1,45,000

Lifetime Cost (10 Years)

in lakhs

2.33

1.68

Diesel Genset

1.48

Cost of the 1 kVA Diesel Genset (INR)

17,000

Cost of diesel (INR/litre)

54

specific energy consumption of this DG set (kWh/litre)

3.5

Grid Tariff (at present)

5.5

Annual Escalation in tariff

5%

Lifetime of DG set (years)

Inverter with Battery

Cost of the 1 kW inverter system (INR)

50,000

Battery back up (hours)

Solar
Rooftop

DG Set

Inverter
with
Battery

Case Study: Residential & Small Commercial

Name: 12 kW Solar Rooftop Off Grid Project

Type of Load: Residential Load
Name of Client: Pratiman Textiles
Location: Surat, Gujarat

The Client wanted to operate majority of its load

including Air Conditioners, television and other gadgets
on Solar with an adequate power backup.
Aesthetics were of particular importance to the owner as
was the system reliability.
Gensol invested in additional electronic equipment to be
able to operate delicate and expensive residential
equipment and further, gave the finishing reserved for
high end hotels.

Case Study: Residential & Small Commercial

Name:5 kW Solar Rooftop Off Grid Solar Project

Type of Load: Commercial Load
Name of Client: Sikar Sahakari Bank
Location: Sikar, Rajasthan

Situated in rural Rajasthan, the Sahakari Bhoomi Vikas

Bank suffered from frequent power cuts.
Gensol constructed the system to power the most
critical loads at the bank.

Case Study: 1 kW Residential

Name of Project: 10,000 Residential Rooftop Solar OffGrid Power Plant Program
ANERT Project by Govt. of Kerala.
Aesthetically designed kit with no separate civil
structures for residential load
Module capacity

1000 Wp

Inverter/PCU
capacity
Battery technology

1000kVA

Battery storage
capacity
Back up
in hours

5400Wh

7200Wh

12000Wh

VRLA or Tubular Gel

Case Study: Commercial (Large Rooftops)

Name: Solar Rooftop Grid Tied 100 kW VVIT

College
Type of Load: Commercial Load
Name of Client: VVIT
Location: Guntur, Andhra Pradesh

VVIT is engineering college at Guntur in

Andhra Pradesh.
In order to reduce their electricity bills
and gain energy security, VVIT appointed
Gensol to execute one of the largest
single rooftop project in the region.
The project has been commissioned and
is now generating more than 450 units
per day

Case Study: Commercial (Large Rooftops)

Name: Solar Rooftop Grid Tied 130 kW

Type of Load: Commercial Load
Name of Client: NIMS Hospital
Location: Trivandrum, Kerala

NIMS is renowned hospital in Kerala built under the

auspices of Noorul Islam Educational Trust.
NIMS appointed Gensol to execute by far the largest
rooftop project in Kerala. Notably, the Hospital
management plans to run its critical processes on solar
power.
The project is under construction and is scheduled to
be commissioned by November end.

About Gensol
Gensol, an ISO 9001:2008 certified company is a pioneer in
Solar Power Advisory and Project Execution. Gensol is an
advisor to 800MW+ commissioned or under construction
Solar PV Projects and has a cumulative portfolio of more
than 1 MW of rooftop solar power plants under execution.
360o Clean Energy Solutions:

Solar Advisory & Project Execution

Carbon Advisory & Trading

Renewable Energy Certificate Advisory & Trading

Power Trading

About Gensol

Few Facts:

30+ Trained Team - all Graduates and Post Graduates in

Energy and Environment

800 MW+ Solar Power Projects under advisory

1 MW+ Solar Rooftop Projects under Execution

Recipient of multiple awards including Business World Hottest

Young Entrepreneur and Economic Times Power of Ideas.

Quoted In:
Business Dailies: Business Standard | Economic Times Business
Magazines: Business India | Forbes India
Industry Journals: Power Line | Energetica | EQ International

Empanelled With:
Ministry of New & Renewable Energy
ANERT, Kerala (10,000 solar rooftops program)
Central Bank of India, PTC Project Financial Services, PFC,
L&T Infra Finance & Other Banks

Solar Advisory & EPC Services

Owners Engineer:
As Owner's Engineer, we guide our clients or investors through the complete process of project feasibility, financial closure, bid process
management, vendor finalization and supervision of project execution up till successful project commissioning which meets our strict
quality criteria.

Lenders Engineer:
Being consultants to some of the leading lending institutions in the country, we assess the key parameters impacting the returns from the
project like generation, cost and conditions of the EPC Contract, preparedness of Project Developer for execution etc.

Detailed Engineering and Vetting of Drawings:

Gensol Solar Division is staffed with experienced Electrical, Electronics, Mechanical and Civil Engineers who undertake detailed
engineering of Solar PV Power plants on behalf of EPC Contractors and vetting of drawings for Project Developers and investors.

Permits & Clearances:

It takes more than 32 permits and clearances from Nodal Agencies, District Authorities, Distribution and Transmission Companies etc.
Gensol has an experienced liasoning team well aware of process and people to acquire these permits in time and in sequence.

Detailed Project Report:

A Detailed Project Report is one of the most important documents to assess the feasibility of project and to get financial closure. Gensol
with its sector expertise and established standing in the renewable energy consultancy not only gives the most exhaustive analysis of the
project but also enjoys the confidence of industries, investors and banks alike.

Solar EPC Services

Gensol, being a channel partner of Ministry of New and Renewable Energy (MNRE) has attained amongst the highest
allocation of subsidies for the Solar Rooftop Projects on account of its superior engineering, standardized procurement and
quick execution. Gensol has executed projects in the range of 1 kW powerpacks to 100 kW single rooftop power plants.

Advisory Experience Snapshot

Gensol is among the leading consultants to Project
Developers, Financial Institutions and Investors. Total
portfolio of Solar Power Projects commissioned or under
construction under advisory at Gensol is more than 800 MW.
Owners Engineer:

Lenders Engineer:

33 MW Sterling & Wilson, Rajasthan

25 MW Alex Astral Solar Power Ltd., Gujarat
20 MW Essel Infraprojects, Maharashtra
17 MW Sunrays Power Solutions, Rajasthan
15 MW NALCO, Orissa
6.5 MW Haryana Power Generation Corporation Ltd,
Haryana Govt Enterprise
10 MW Ghodawat Group, Rajasthan
5 MW Konark Group, Gujarat
5 MW Alex Spectrum Radiation Pvt Ltd, Rajasthan
3 MW Par Solar, Rajasthan
1 MW Agarwal Infratech Ltd, Gujarat
350 kW Mapro Foods Pvt Ltd, Maharashtra

20 MW Client Confidential, Gujarat

8.5 MW Jain Irrigation, Maharashtra
5 MW ABB Ltd, Gujarat
1 MW L&T ECC Division, Rajasthan
2 MW R V Akash Ganga, Uttarakhand

Detailed Designing & Design Vetting

50 MW Welspun Energy Ltd, Rajasthan

25 MW Sun Edison, Gujarat
20 MW PLG Power, Gujarat
15 MW MI Mysolar 24, Gujarat
15 MW Dreisatz Mysolar 24, Gujarat
10 MW Greeninfra Solar, Gujarat
10 MW Millenium Synergy, Gujarat
6.5 MW Sun Group, Gujarat
6 MW Indiabulls Power, UP & Maharashtra
5 MW ESP Urja, Gujarat

Feasibility Analysis & DPR:

20 MW Sai Sudhir Energy, Andhra Pradesh

10 MW Sai Sudhir Energy, Karnataka
5 MW Chemtrol Industries, Rajasthan
2 MW Shri Bhagirathi Textiles Ltd, Maharashtra
15 MW Boyance Infrastructure, Rajasthan
5 MW Sattva Salarpuria Group, Karnataka
3 MW MWP Energy, Karnataka
1 MW NIT Hamirpur, Himachal Pradhesh

Experience Snapshot
Gensol is among the forefront of Solar Rooftop execution
with more than 1 MW as its clientele ranging from 1 kW
power packs upto 130 kW single rooftop power plants.
Advisory:

163 MW Grid Connected

Gujarat

129 MW Grid Connected

Rajasthan

35 MW Grid Connected

Maharashtra

18 MW Grid Connected

Karnataka

15 MW Grid Connected

Odisha

6.5 MW Grid Connected

Haryana

2 MW Grid Connected

Uttarakhand

2 MW Grid Connected

Uttar Pradesh

1 MW Grid Connected

Himachal Pradesh

Execution:

130 kW Rooftop Grid tied

Kerala

100 kW Rooftop Grid tied

Andhra Pradesh

92 kW Grid Tied & Off Grid

Gujarat

20 kw Grid Tied & Off Grid

Delhi

5 kW Off Grid

Rajasthan

2 kW Off Grid

Uttar Pradesh

Empanelled with ANERT, Kerala for 10,000 Rooftops

Solar Program

Gensol Engineering Pvt Ltd | Gensol Consultants Pvt Ltd

Corporate Office
108, Pinnacle Corporate Park
Prahalad Nagar
Ahmedabad - 380015
Gujarat, India

Email:
Website:
Phone:
Fax:
Twitter:

solar@gensol.in
www.gensol.in
+91 79 40068235
+91 79 40068239
gensol_tweets

Gensol is one of the leading consultants and system integrators for Solar Power Plants. We boast of a portfolio of over 800
MW of Solar Photovoltaic Plants. Gensol is also a channel partner to Ministry of New & Renewable Energy and installs kW
scale Solar Rooftop systems on a turnkey basis with more than 1 MW of cumulative installations across the country.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular
individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such
information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on
such information without appropriate professional advice after a thorough examination of the particular situation.