Transcript View Presentation - CMIA, Aurangabad
RENEWABLE ENERGY INITIATIVES
By M P Sharma Varroc Group
Index
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ABOUT VARROC GROUP ENERGY SCENARIO – INDIA ENERGY SCENARIO – MAHARASHTRA WHY RENEWABLE ENERGY SOLAR PROJECT – A B C QUESTION & ANSWER‘S- SESSION
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Company Profile – Varroc Group
• • • • • • 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 4
Varroc Group – Global Footprint and Support
• Varroc is well positioned to support Customer growth in all markets.
Unites States of America Mexico Guatemala
Location Plant
India Europe South East Asia US 21 8 1 1
R&D Center
3 3 Germany Czech Italy France Nigeria Angola Slovakia United Kingdom China India Vietnam Egypt
Globally Divisions
Polymer Electrical Metallic Integrated Plant Engineering Centers
Number of Plants
9 12 9 1 6
Varroc Group- India Foot Print
Customer Base – Varroc Group
2 WHEELERS PASSENGER CARS COMMERCIAL VEHICLES SYSTEM SUPPLIERS
Trademark Shown are exclusive property of respective Companies
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 Demand Shortage Electricity shortage estimated at 25-35 GW
Climate Change is also an important issue
Climate Change Access Security
India is dependent on oil imports for 80% of its demand 400 Million people still without access to electricity
Indian Power Sector (30 June 2013) Thermal 1,53,848, MW Hydro 39,623 MW Nuclear 4,780 MW Renewable 27,541 MW (Source: CEA Annual Report)
Renewable Power Capacity (30 June 2013) Total Installed RE Capacity = 27,541 MW 4,1% 13,1% Past Focus Area 13,4% 69,4% Wind 19,228 MW Small Hydro 3,630 MW Bio 3,000MW Solar 1,686 MW Wind SHP Bio Solar Current Focus Area (Source: MNRE)
Energy Scenario-Maharashtra Demand – Supply Scenario in MW at the Time of Peak Demand Particular
Demand [MW] Availability [MW] Shortfall [MW]
2007-08
16,792 12,460 4,332
2008-09
17,266 12,578 4,688
2009-10
17,879 13,504 4,375
2010-11
18,168 14,353 3,815
2011-12
19,105 15,634 3471
(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 Basic Site Technology Forecast Use Operation and Maintenance Set-up time Warranty Required Area ( Acre / MW) Generation cost over life of plant Selling Price of Generated Power
Dependent on Wind (Resource: 1,700 TW) Sea shores or Land Wind Turbines No Forecast on availability Considered as Intermittent Power High 8-10 months 5 Years Warranty 30-40 INR 4-5 / unit INR 4.5 to 6.3 / unit
Solar PV
The Ultimate Energy Source (Resource 6,500 TW) On Land or Rooftop Solar PV Predictable & Reliable Output Optimized use possible Almost Negligible 3-5 months 25 years warranty 4 to 5 INR 5-6 / 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
There are 3 Schemes available.
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
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.
country
Opportunity
• Increasing energy requirement of the • Reduction of cost expected in future
Weakness • Needs Greater support from Govt.
• Lack of technical supports for remote locations
facility)
Threat
• Technological Challenges (Storage • 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.
1 2 3 4 5 6
Description
Solar Irradiation Average Daily temperatures Grid Availability Water Availability Road Connectivity 1 st Year Generation (units)
Sakri
5.49 KW/ m 2 25-40 deg C 66 KV or above Good Excellent 8,000,000
Technology Evaluation S No.
1 2 3 4 5 6 7 8 9 10
Evaluation Criterion
Efficiency (%) Performance Under Heat (degradation) Required Area (m2 / KWp)
Crystalline Mono Poly
16-18% 5-6% 4-5 14-16% 4-5% 5-6 Output per Year per MW (Indian Climatic Conditions) 1.55
1.65
Cost (USD/Watt) Technology Maturity (Years) O&M Weight(Kg/watt) Market Share(%) Payback Period 0.85
>40 0.75
>40 Moderate Moderate 0.094
30% 6-7 0.094
60% 5-6 Life >25 >25 years
A-si
7-9% 9-10% 8-9 1.4
Thin Film CdTe
8-10% 8-10% 7-8 1.8
0.7
~10-20 High 0.16
5-6 0.7
~8-10 High 0.16
7% 4-5 Under Evaluation Under Evaluation
CIGS/CIS
10-12% 8-10% 6-7 1.5
0.8
~8-10 High 0.16
5-6 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 30
Way Forward….
Solar parks Solar Car parking Solar pumps Solar Roof Top Systems Solar Street light