renewable energy initiatives by m p sharma varroc group
TRANSCRIPT
RENEWABLE ENERGY INITIATIVES
ByM P Sharma
Varroc Group
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Index:
ABOUT VARROC GROUPABOUT VARROC GROUP
ENERGY SCENARIO – INDIA ENERGY SCENARIO – INDIA
WHY RENEWABLE ENERGY WHY RENEWABLE ENERGY
SOLAR PROJECT – A B C SOLAR PROJECT – A B C
ENERGY SCENARIO – MAHARASHTRA ENERGY SCENARIO – MAHARASHTRA
QUESTION & ANSWER‘S- SESSION QUESTION & ANSWER‘S- SESSION
•Headquartered in Aurangabad, India
•Leading Indian supplier of Electrical, Metallic and Polymer components and sub assemblies for 2 wheeler and 4 wheeler industry
•USD 1.2 Billion annual sales; growing at over 20% annually for the past decade
•10,000+ direct employees, including 400+ engineers globally
•31 manufacturing facilities and 6 engineering centers globally
•Serves all major OE vehicle manufacturers in India and abroad.
•Among top 3 automotive suppliers in India
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Company Profile – Varroc Group
• Varroc is well positioned to support Customer growth in all markets.
Varroc Group – Global Footprint and Support
Vietnam
Mexico
Italy
India
Czech
Germany
ChinaFrance
Slovakia
United Kingdom
Unites States of America
Globally
Guatemala EgyptNigeria
Angola
Varroc Group- India Foot Print
2 WHEELERS
PASSENGERCARS
COMMERCIALVEHICLES
SYSTEMSUPPLIERS
Trademark Shown are exclusive property of respective Companies
Customer Base – Varroc Group
Varroc Core Values
S H I P S
Varroc Renewable Energy Mission
Varroc Renewable Energy Mission targets to achieve 20% of its power requirement through Renewable Energy by 2016
Estimated Power requirement of Varroc Group by 2016 will be 100 MW 20 MW of this power shall be through renewable energy
Achievements of Mission till 2013 8 MW of power from Wind energy 5 MW of power from Solar energy (operational Dec 2013)
Other activities under green mission Planting & distributing Sapling Distribution of Seeds
India’s Energy Challenge
In next 12 years India’s electricity requirement
to grow 2.5 times
Climate Change is also an important
issue
India is dependent on oil imports for 80% of its
demand
400 Million people still without access
to electricity
Electricity shortage estimated at 25-35
GW
Indian Power Sector (30 June 2013)
Thermal1,53,848, MW
Hydro 39,623 MW
Nuclear4,780 MW
Renewable 27,541 MW
(Source: CEA Annual Report)
Renewable Power Capacity (30 June 2013)
Wind19,228 MW
Small Hydro 3,630 MW
Bio3,000MW
Solar1,686 MW
CurrentFocus Area
CurrentFocus Area
Past Focus Area
Past Focus Area
(Source: MNRE)
Energy Scenario-Maharashtra
Particular 2007-08 2008-09 2009-10 2010-11 2011-12
Demand [MW] 16,792 17,266 17,879 18,168 19,105
Availability [MW] 12,460 12,578 13,504 14,353 15,634
Shortfall [MW] 4,332 4,688 4,375 3,815 3471
Demand – Supply Scenario in MW at the Time of Peak Demand
(Source: CEA Monthly Report)
Why Choose Renewable Energy
Corporate Social Responsibility (CSR) Initiative
Sustainable business model- Eliminate long term impact of energy cost on current business
Excellent Investment opportunity considering government Incentives (Project IRR 20-25%)
Improves Infrastructure & Groups visibility in rural areas & helps evaluating new locations to spread business
Wind Energy Vs Solar Energy
Parameter Wind Solar PV
Basic Dependent on Wind (Resource: 1,700 TW)
The Ultimate Energy Source(Resource 6,500 TW)
Site Sea shores or Land On Land or Rooftop
Technology Wind Turbines Solar PV
Forecast No Forecast on availability Predictable & Reliable Output
Use Considered as Intermittent Power Optimized use possible
Operation and Maintenance High Almost Negligible
Set-up time 8-10 months 3-5 months
Warranty 5 Years Warranty 25 years warranty
Required Area (Acre / MW)
30-40 4 to 5
Generation cost over life of plant INR 4-5 / unit INR 5-6 / unit
Selling Price of Generated Power INR 4.5 to 6.3 / unit INR 12.3 to 16.4 / unit
Steps for entering into Solar power
• Understanding the Scheme / policy under which plant will be set-up
• Feasibility Study & Risk Management
• Identification of site
• Identification of Technology & EPC partner
• Project Financing & Execution
Policies in India for Large Scale Solar Project
1. Under JNNSM by Signing Preferential Tariff PPA with NVVN
2. Under Preferential Tariff PPA with State Government
3. As Independent Power Producer (IPP) in REC Mechanism
There are 3 Schemes available.
Solar Feasibility in India
• > 300 Sunny Days in India
•> 5-6 KWH/ Sq Meter / Day - Irradiation
• Govt Initiatives & Incentives
Risk Management & SWOT Analysis
Strength•Plenty of Sun Shine in Maharashtra• REC Benefits• No raw Material Cost• India’s solar potential among highest in the World and barely a fraction of it has been exploited• There is no pollution or wastage resulting from its use• Very low Operating and Maintenance costs• There is no pollution or wastage resulting from its use.
Weakness
• Needs Greater support from Govt.
• Lack of technical supports for remote locations
Opportunity• Increasing energy requirement of the country• Reduction of cost expected in future
Threat• Technological Challenges (Storage facility)• Lack of cooperation from local DISCOM
Identification of Site
Key Parameters of a good site:• Good Solar Irradiance throughout the year (Data from NASA, Meteonorm,
MNRE)• Average temperatures throughout the year• First year generation expectations• Proximity to grid • Water availability• Road Connectivity• Load bearing capacity of land• STFI Hazards (Storms, Tempests, Floods, Inundation)
Site Evaluation Results of Sakri
S No. Description Sakri
1 Solar Irradiation 5.49 KW/ m2
2 Average Daily temperatures 25-40 deg C
3Grid Availability 66 KV or above
4 Water Availability Good
5Road Connectivity Excellent
6 1st Year Generation (units) 8,000,000
Technology Evaluation
S No.
Evaluation CriterionCrystalline Thin Film
Mono Poly A-si CdTe CIGS/CIS
1 Efficiency (%) 16-18% 14-16% 7-9% 8-10% 10-12%
2 Performance Under Heat (degradation) 5-6% 4-5% 9-10% 8-10% 8-10%
3 Required Area (m2 / KWp) 4-5 5-6 8-9 7-8 6-7
4 Output per Year per MW (Indian Climatic Conditions) 1.55 1.65 1.4 1.8 1.5
5 Cost (USD/Watt) 0.85 0.75 0.7 0.7 0.8
6 Technology Maturity (Years) >40 >40 ~10-20 ~8-10 ~8-10
O&M Moderate Moderate High High High
7 Weight(Kg/watt) 0.094 0.094 0.16 0.16 0.16
8 Market Share(%) 30% 60% 7%
9 Payback Period 6-7 5-6 5-6 4-5 5-6
10 Life >25 >25 years Under Evaluation
Under Evaluation
Under Evaluation
Identification of EPC Partner
- Functions throughout technology value chain- Diversified business for 25 year Warranty fulfilments - Has own Solar power plant- Experience & track record- Access to local execution team
Varroc EPC partner
• Inetest Technologies India from Chennai along with Anukul Power Engineers from Aurangabad
• Inetest has technology from AUO, a listed company in NYSE, with business in Flat panel displays & Solar.
• AUO has Polysilicon & WaferTechnology from Japan while Cell & Modules made in Taiwan & Malaysia.
• AUO has own 10 MW roof top project in Taiwan• Anukul Power Engineers has vast experience in Electrical Power Transmission &
distribution Erectioning, commissioning in Maharashtra• Anukul has Installed many sub-stations, many
Kms of Transmission line in Maharashtra
Pic from AUO Japan plant during Vendor Evaluation
Project Financing & Execution
• Project Financing to be considered due to unstable INR• ROI & cashflow preparation• Finance available at low interest cost from government &
international bodies, but not easy• Identification of Project team• Government Approvals
– Approval for Project from concerned body (MEDA for Maharashtra)
– Signing of Power Purchase Agreement with Discom (Mahagenco or MSEGCL)
– Approval from substation for erection of Transmission line & grid connection
– Approval from MNRE for concessional duties
• Prepare project execution roadmap & progress monitoring
Solar System Schematic
Other Green Initiatives
• Audit for Energy optimization by third parties• Audit for Power Quality improvement by third parties• Installation of Solar Street lights in existing plants• Installation of ABT Meters with 0.2S Accuracy• Use of transparent sheds for day light utilization
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Solar parks
Solar pumps
Solar Car parking
Solar Street light
Solar Roof Top Systems
Way Forward….
Q & A