TTD Solar V1

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NTPC GE POWER SERVICES PRIVATE LTD.

- Tariff Proposal for 20 MW Solar Plant at


Palamaner AP for TTD
NTPC GE Power Services Private Limited (NGSL)

50% 50%

NTPC : Largest Utility in India GE Power: World Leader in


Power Plant Equipment &
• Thermal, Solar and Hydro Services
NGSL : Leading Power Plant
• Rich Experience in O&M
• Engineering
Solutions Provider • EPC Services
• Quality Assurance NTPC GE Power Services Pvt. Ltd. a 50 :
• Design & Engineering
• On Time Project Execution 50 Joint Venture Company formed • Original Equipment Manufacturer
• Performance Optimization
through the partnership of two leading • R&M Solution & Services
Companies, NTPC Limited, and GE
• Safety & Compliance Power India Limited established in • Digital Solution
1999, headquartered in Noida- India • Air Quality Control System

Installed capacity: 70 + GW

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NGSL PORTFOLIO

OPERATION & MAINTENANCE EPC: SOLAR & Other EPC PLANT RETROFIT: RLA & R&M
Comprehensive KPI based O&M Executing 325 MW Solar EPC 20+ years of rich experience in
(approx. 3000MW) Projects Renovation & Modernization
Dedicated experienced team to cater Integrated end to end solution across NGSL is a leader in executing retrofit
the operation & maintenance needs of the solar value chain. Our team is solutions for thermal power stations in
thermal power plants, expertise in committed towards timely completion India. We provide cost effective,
delivering end to end solution for power of the Solar EPC project, without technically advanced and
plant O&M. compromising on its quality, by environmentally friendly engineering
deploying the best technology and solutions along with world class
dedicated resources. We also build civil erection services to our customers
& electrical structure for thermal & enabling them to generate clean and
solar power plants. efficient power.

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Proposal Basis

Sl. Parameter Description


1 Location Palamaner, AP
2 Project Type Ground Mounted Solar
3 Project Size 20 MW AC (28 MW DC)
4 Land Requirement * Approx. 100 Acres by TTD + right of way to sub-station
5 Grid Connection Nearby 33 kV sub-station of AP DISCOM
6 Project Cost Approx. INR 130 Crores
7 Project Ownership Via Special Purpose Vehicle (SPV), NGSL 74% + TTD 26%
8 Debt : Equity 80 : 20
9 Equity INR 26 Crores (NGSL INR 19.3Crores, TTD INR 6.7 Crores)
10 Debt INR 104 Crores

* We have considered long term lease at notional rental of INR 1 / acre per year
Tariff to OU

Sl. Parameter Description


1 Project Size 20 MW AC (28 MW DC)
2 1st Year Power Generation 443.7 Lakhs kWh (units)
3 1st Year Power Delivery 399.3 Lakhs kWh (units), after considering regulation on T&D losses
4 Cost of Power Generation / INR 4.25 / kWh
Tariff at Injection Point
5 Other Applicable Charges INR 2.60 / kWh (at present), considering regulation & T&D losses
6 Delivered Tariff INR 6.85 / kWh
7 Current Tariff paid by TTD INR 8.70 / kWh
8 Saving INR 1.85 / kWh
9 Annual Saving to TTD INR 7.4 Crores
10 Pay back period < 1 year
Tangible Positive Impact On Environment

In Addition to attractive / short payback period, long term cost saving, the Solar plant would also
have positive Environmental Impact :

➢ Emissions reduction by approx. 560,000 MT of CO2 over the life of the plant, which,

▪ Planting 12,00,000 trees

▪ Has the same effect on CO2 emissions as reducing consumption of approx. 530,000 MT of
Coal
Tariff Policy Consideration

➢ Project may be developed on Capex (Captive) or RESCO (Third Party Sale) Model

➢ Commercial analysis has been done for both Captive & Third Party generation

➢ Captive generation: plant may be set up by any person, co-operative society or an association
of persons (incl. companies) for generating electricity primarily for self-consumption. A captive
power plant can also serve multiple stake holders through a group captive mechanism, if it
satisfies the following conditions
▪ 51 % of its electricity generated is used by the owner(s) for self-consumption and minimum
aggregate (or individual) ownership of the captive generating plant is at least 26%

➢ Third Party Power: A provision for open access was created in The Electricity Act, 2003, enabling
private purchase and sale of power for parties with contract demand greater than 1 MW.
▪ It requires permission from and payment of infrastructure usage charges, determined by the
electricity regulatory commissions, to the respective agencies.

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