Scribd Logo
Upload

Welcome to Scribd!

  • 24K views

    Solar PV Detailed Project Report

    Uploaded by

    Exergy
    This document provides a detailed financial report for a proposed 10 MWp solar PV power project in Rajasthan, India. It includes the project costs, key assumptions, cash flow projections and profit/loss estimates over a 25 year period. The pre-tax equity IRR is estimated at 18% and pre-tax project IRR at 15%. Detailed information is given on the technology, capital costs, tariff rate, debt-equity structure, fiscal assumptions and expected performance of the project.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Solar PV Detailed Project Report

    Uploaded by

    Exergy
    24K views6 pages
    This document provides a detailed financial report for a proposed 10 MWp solar PV power project in Rajasthan, India. It includes the project costs, key assumptions, cash flow projections and profit/loss estimates over a 25 year period. The pre-tax equity IRR is estimated at 18% and pre-tax project IRR at 15%. Detailed information is given on the technology, capital costs, tariff rate, debt-equity structure, fiscal assumptions and expected performance of the project.

    Original Description:

    Solar PV Detailed Project Report 10MWp Rajasthan

    Original Title

    Solar Pv Detailed Project Report

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document provides a detailed financial report for a proposed 10 MWp solar PV power project in Rajasthan, India. It includes the project costs, key assumptions, cash flow projections and profit/loss estimates over a 25 year period. The pre-tax equity IRR is estimated at 18% and pre-tax project IRR at 15%. Detailed information is given on the technology, capital costs, tariff rate, debt-equity structure, fiscal assumptions and expected performance of the project.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    24K views6 pages

    Solar PV Detailed Project Report

    Uploaded by

    Exergy
    This document provides a detailed financial report for a proposed 10 MWp solar PV power project in Rajasthan, India. It includes the project costs, key assumptions, cash flow projections and profit/loss estimates over a 25 year period. The pre-tax equity IRR is estimated at 18% and pre-tax project IRR at 15%. Detailed information is given on the technology, capital costs, tariff rate, debt-equity structure, fiscal assumptions and expected performance of the project.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 6

    10 MWp Solar PV Power Project,

    Rajasthan – INDIA
    – Detailed Financial Report

    M/s XXXXX, New Delhi


    10 MWp Solar PV Power Financial

    DETAILED FINANCIAL
    REPORT
    10 MWp SOLAR PHOTOVOLTAIC POWER PLANT,

    PLANT LOCATION: VILLAGE: AAAAA, DISTT: BBBBB,


    RAJASTHAN, INDIA

    Project Developers

    XXXXXXXX

    Project Consultants
    Pan Exergy Pvt Ltd
    D-32, Sector-7, Noida – 201301,
    INDIA.
    Ph: +91-9999676750; +91-9654436886
    Web: www.exergy.in Email: [email protected]

    2|P a g e
    10 MWp Solar PV Power Financial

    1 PROJECT FINANCIALS

    1.1 Project Cost


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

    The cost of the Solar PV 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.
    Note: CER distribution: yr-1, 100% to project developer (PD); yr-2, 90% to PD; yr-3, 80% to PD; yr-4, 70% to
    PD; yr-5, 60% to PD; year 6 onwards, 50% to PD.

    1.2 Data Sheet


    Site Information
    Site Name Mandali
    Price of Land/Acre (Rs Lakh) 0.1
    Distance from the Evacuation Point(Km) 17
    Estimated Generation (KwH/MW) 1465238
    Cost of Evacuation/Km (Rs. Lakh/Km) 30

    Technology Information
    Technology Used Solar Semi (Poly Crystalline)
    Cost of Solar Modules/MW (Rs. Lakh) 850
    Area Required (Acre/MW) 6

    Cost Estimates Per MW


    Item Cost (Rs Lakh)
    Solar Panel 850
    Inverter (Central Inverter) 150
    Power Evacuation Cost (Total) 510
    BOS & Commissioning Cost 250
    Total Technology Cost/MW 1250

    Financial Information
    Tariff (Rs/Unit) 15.3
    Debt Interest Rate (%) 12.50%

    3|P a g e
    10 MWp Solar PV Power Financial

    1.3 Assumptions

    Sl No Assumption Head Sub-Head Sub-Head (2) Units Assumptions


    Installed Capacity MW 10

    1 Power Generation Capacity CUF % 16.73%


    Deration Factor % 0.80%
    Useful Life Years 25
    Power Plant Cost Rs Lakh/MW 1250
    Power Evacuation Cost Rs Lakh 510
    2 Project Cost Capital Cost/MW Land Cost Rs Lakh/Acre 0.1
    Land Needed Acre/MW 6
    Total Fixed cost/PW Rs Laks 13016
    Tariff Period Years 25
    Tariff Rs 15.3
    Debt % 70%
    Equity % 30%
    Debt-Equity
    Total Debt Amount Rs Lakh 9111.2
    Total Equity Amount Rs Lakh 3904.8
    3 Financial Assumptions
    Loan Amount Rs Lakh 9111.2
    Moratorium Period Years 0
    Debt Component
    Repayment Period (Inc Moratorium Period) Years 10
    Interest Rate % 12.50%
    Equity Component Equity Amount Rs Lakh 3904.8
    Income Tax % 33.22%
    Fiscal Assumptions MAT Rate (for 10 years) % 19.931%
    80 IA Benefit Yes/No Yes
    4 Financial Assumptions (2)
    Depreciation Rate for First 10 Years % 7%
    Depreciation Depreciation Rate 11th year onwards % 1.33%
    Years of 7% rate Years 10
    Operations & O&M Lakh/MW 9.00
    5
    Maintenance Total O&M escalation % 5.72%
    Expected to be generated per year for next
    CER Produced 21 years CER/MW/Year 1500
    6 CDM Benefits
    Based on Average ECX rates,( conversion
    CER Price rate of 1EUR=INR65.26) Rs/CER 744.7
    Inverter Current Price of Inverter Rs Lakh/MW 150
    Replacement to be
    7 Inverter
    done after every 10
    years Replacement year Year 10

    4|P a g e
    10 MWp Solar PV Power Financial

    1.4 Cash Flow

    Note: Detailed Cash Flow for 25years can be provided if asked for

    Pre Tax Equity IRR 18%


    Pre Tax Project IRR 15%

    5|P a g e
    10 MWp Solar PV Power Financial

    1.5 Profit & Loss Account

    Year 1 2 3 4 5 6 7 8 9 10 11 12 13
    Profit Before Rs
    Tax Lakh 213.92 243.02 279.88 325.48 380.92 561.57 537.55 641.69 761.62 899.30 294.64 1769.12 1743.21
    ROE (Before
    Tax) % 5% 6% 7% 8% 10% 14% 14% 16% 20% 23% 8% 45% 45%
    ROI (Before
    Tax) % 2% 2% 2% 3% 3% 4% 4% 5% 6% 7% 2% 14% 13%
    Rs
    Tax Lakh 43 48 56 65 76 112 107 128 152 179 98 588 579
    Rs
    Profit after tax Lakh 171.29 194.58 224.10 260.61 305.00 449.65 430.41 513.80 609.82 720.06 196.77 1181.46 1164.16

    ROE(After Tax) % 4% 5% 6% 7% 8% 12% 11% 13% 16% 18% 5% 30% 30%

    ROI (After Tax) % 0% 0% 0% 0% 1% 1% 1% 1% 1% 1% 1% 5% 4%

    Year 14 15 16 17 18 19 20 21 22 23 24 25
    Profit Before Rs
    Tax Lakh 1716.88 1690.12 1662.88 1635.12 1606.81 1577.91 1548.38 18.17 1431.39 1399.68 1367.15 1333.74
    ROE (Before
    Tax) % 44% 43% 43% 42% 41% 40% 40% 0% 37% 36% 35% 34%
    ROI (Before
    Tax) % 13% 13% 13% 13% 12% 12% 12% 0% 11% 11% 11% 10%
    Rs
    Tax Lakh 570 561 552 543 534 524 514 6 475 465 454 443
    Rs
    Profit after tax Lakh 1146.58 1128.70 1110.51 1091.97 1073.07 1053.77 1034.05 12.14 955.92 934.74 913.02 890.70

    ROE(After Tax) % 29% 29% 28% 28% 27% 27% 26% 0% 24% 24% 23% 23%

    ROI (After Tax) % 4% 4% 4% 4% 4% 4% 4% 0% 4% 4% 3% 3%

    Average ROE (BT) 26.27%


    Average ROI (BT) 7.88%

    Average ROE (AT) 18.20%


    Average ROI (AT) 2.42%

    6|P a g e

    You might also like