Solar Mango DPR for Captive Solar Power Plants
Are you looking to invest in a solar power plant for your company?
Use Solar Mango’s Detailed Project Report for Captive Solar Power Plants to understand everything about this opportunity.
With the cost of solar power coming down significantly, and with the central state governments providing significant thrust and incentives for its growth, thousands of businesses are keen to invest in solar power plants for captive generation/consumption.
This is a detailed project report for them.
This comprehensive expert report and guide will be invaluable for those investing in both ground mounted and rooftop captive solar power plants business in India.
Solar Mango’s Captive Solar Power Plant DPR, in addition to providing detailed inputs on the financials, technology, and details on land and infrastructure required for implementing a rooftop or ground mounted solar power plant, also includes important sections on risks and risk mitigation where it clearly spells out the areas of uncertainties, and how adverse effects of each uncertainty can be mitigated.
Our team has assisted over 50 companies in their solar power plant investments, and over 1000 Indian companies and entrepreneurs in understanding the solar power plant business.
This detailed project report can be used by your corporate project teams for internal presentations. In addition, it can also be used as a key reference resource for making the DPRs for banks or other financial institutions.
As you will be investing significant amounts in a captive solar power plant (1 MW of solar power plant costs upwards of Rs 5 crores as of Apr 2016), it is imperative that you are able to review a document that provide authentic and comprehensive details on all the critical aspects of a captive solar power plant.
We have seen many internal corporate boards and external financial institutions recommending that you get the DPR done from an expert organization and not a company that just writes a Protocol DPR report. Just to let you know, we have seen DPRs that are nothing but copy-paste of some Internet pages. It is critical you avoid such DPRs.
Solar Mango is the leader in the solar energy research, consulting and education domains for the Indian market.
Captive Solar Power Plant DPR – List of Contents
Table of Contents
Review of Business & Revenue Models for Solar Power Plants in India
Three main revenue models for Indian ground mounted solar power plants
- Sale to utility
- Sale to third party
- Captive consumption
- A variation of this is group captive
Each of the above three business models is explained in detail, and sample calculations are provided to show how each of these models works
Introduction to Captive Solar Power Plants
- Rationale for captive solar power plant
- Types of captive solar power plants
Business Case for Captive Solar Power Plants
- Solar Potential in India
- Solar Potential in Various Regions – detailed data and inputs on the solar radiation potential in the various regions of India
- Overview of Central and State Government Solar Policies for Captive Solar Power Plants – subsidies, tax holidays and other tax incentives such as accelerated depreciation, RECs…
- Business Case for Captive Solar power plants – The key business objectives that captive solar power plants satisfy, and hence the business case for each.
- Analyses of Financial & Other Benefits from the Project
Land and Infrastructure Requirements for Setting up the Solar Power Plant
Land and infrastructure requirement details provided for both rooftop and ground-mounted captive solar power plants.
- Land Details – Area required, and other pre-requisites for the land
- Details will also be provided for what portion of land is required for what purpose.
- Instructions on how to evaluate your land
- Region in Which the Land is Located
- Characteristics of the Location in the Context of a Solar Power Plant– Includes details on
- Evacuation infrastructure required
- Access to location through roads
- Availability of water
- Data on relevant environmental aspects such air pollution.
Estimating Generation from Your power plant
- Detailed instructions on estimating the generation from your solar power plant. Variables used for this estimation include
- Type of panels used
- Types of inverters used
- Plant layout
- Region in which the power plant is located
- Grid uptime
- Panel degradation
- Suggestions and recommendations to significantly increase the output from your solar power plant. These are based on real life inputs collected by the Solar Mango team from across India.
Technical features and equipment for the solar power plant
- Overview of Solar Power Plant Technologies
- Details of types of panels and their specifications
- Details of lifetimes and warranties
- Crystalline silicon or thin film silicon panels
- Checklist for solar panel selection
- Checklist based on efficiency, grade, Tier, temperature coefficient, anti- PID and more
- Mounting Structures
- Details of mounting structures, materials made of
- Details of lifetimes and warranties
- Checklist for mounting structure selection
- Central or string inverters
- Details of types of panels you plan to use, their specifications
- Details of lifetimes and warranties
- Checklist for inverter selection
- Other Balance of Systems Monitoring Systems
- AC Side Electricals Such as Transformers, Switchgear, Cables…
- Details of Substation Required for Evacuation
- Details of distance from solar power plant to sub-station and how it affects costs
- Details of the substation requirements – load capacity and related data
- Details of Load Flow Study Required for Your Solar Power Plant
- Civil and Architectural Requirements
Comprehensive financial analyses are provided for a number of scenarios. This section will critically aid you and your team to fully evaluate the financial feasibility of investing in a captive solar power plant.
- Base Data and Assumptions
- Generation including yearly degradation
- Debt-Equity ratio
- Estimated cost of financing
- Additional fund requirement during the plant’s lifetime, if any
- Cost Components
- Capital Cost for the Project – detailed break-up of the capital costs
- Operating & Maintenance Costs
- Interest costs
- Total Cost of Power Generation
- Illustrations for levelized cost of electricity (LCOE) estimates
- Revenue Components
- Year by Year Revenue for 25 years based on tariff assumptions
- Comprehensive Project Cash Flow Analysis
- Payback Period and IRR
- Scenario Analysis – this is a critical aspect, as investors are keen to know about the uncertainties involved in the project and how the project financials would perform under best and worst case scenarios
- Summary of Financial Analysis and Inferences
Risks and Mitigation
- Project Completion Risks – Most aspects of a solar PV power plant project are well defined and hence there should not be too many delays. However, this section provides inputs on delays that could yet happen owing to approvals, possible issues with grid extension to substation, etc.
- Policy and Regulatory Risks – This section provides detailed inputs on specific risks that could happen owing to policy, legal and political constraints, some of which are specific to solar PV power plants.
- Technology Risks – While most components of the solar PV power plants have achieved technological maturity, for an investor it is critical to know the exceptions when there could be technology failures. This section provides inputs on possible instances of panel or inverter failure, and also possible failures that can occur in other portions of the solar power plant. The section also provides exclusive details on systems that can be installed to both prevent such failures and minimize the damages in the instance of failure.
- Operational and Performance Risks – The key uncertainty for a solar power plant performance is the amount of sunlight available; other than this, performance can be significantly affected due to poor monitoring and maintenance. This section provides detailed inputs on the possible results of underperformance owing to poor maintenance.
Sample case studies provided based on captive solar power plants implemented by diverse sectors –
- IT Parks
- Software & BPO firms
Summary, Inferences & Recommendations
- Details of latest solar policies in India, both central government policies and policies for various states.
- Line diagram and schematic diagrams for the solar power plant – both rooftop & ground-mounted solar power plants
- Project implementation schedule & timelines
- List of key component suppliers
- Price estimates for the various components of solar power plants, and trends for these in the last few years
Purchasing the Solar Mango DPR for Captive Solar Power Plants