Putting Up a MW Scale Solar Power Plant…But New to the Solar Sector?

Putting Up a MW Scale Solar Power Plant…

Take Help from Experts @ Solar Mango

If you are planning to put up a solar plant but are new to this sector, you will need Expert Assistance to ensure that you install the highest quality solar power plant at the optimal costs.
The Solar Mango expert team can help you get there.

Why Expert Assistance is required?

Putting up a MW scale solar power plant can be a challenge for individuals new to the solar sector. Many times, doing it yourself can lead to costly mistakes:

Choosing the wrong EPC can result in a poorly performing plant, resulting in crores of losses over a 25 year period.
Selecting wrong components may lead to the reduction of overall efficiency of power plant by 3-5% (A loss of over Rs.2 Crores for 25 years)

Who Will Benefit from this Service?

This service will be specifically beneficial to those exploring grid-connected solar power plants of capacities 3 MW and higher:

Companies, entrepreneurs or individuals new to the solar power sector but keen on setting up a grid-connected solar power plant.
Companies that have already signed a PPA or on the verge of signing a PPA for solar power plant and keen on EPC selection

Solar Mango has already assisted many small and medium scale MW solar projects they and have attained excellent benefits.

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Scope & Components

Comprehensive Financial Modeling

Capital costs

Operating & Maintenance Costs

Interest Costs

Other Variable Costs Over the 25 Year Lifetime

Cash Flows

Project & Equity IRR

Equity Payback

Assistance in exploring best avenues for loans

Approach existing loan resources

Approach PFC, IREDA

Approach International trade financiers for panel purchases

DPR for Bank loan

Professional DPR for bank loan

EPC Selection

Provide intelligence on types of EPCs, pros & cons, ideal parameters

Based on interactions with EPCs, we find that even among good EPCs, there is a significant estimate range per MW. Solar Mango will assist you in getting the overall price for the plant, without compromising on any quality parameter.
Solar Mango will provide hands-on assistance to you in understanding the various parameters based on which the EPC needs to be selected, and will also provide you with a shortlist of EPCs based on our database.

Interact with EPCs to select most suitable one

Arrive at best possible cost with ideal EPC

Oversight on component selection by EPC

Selection of key components through continuous engagement with EPC

Detailed guidelines on warranties and terms of each component manufacturer

Overseeing power plant development (Owner’s Engineer)

This is done by Solar Mango’s external technical experts who will directly deal with the client. Solar Mango can however identify the right expert.
The Owner’s Engineer (OE) does an on-site supervision of the solar power plant construction by the EPC by having an engineer located on the premises during the entire solar power plant construction. The OE sends regular reports to the client on progress.
The OE role is optional for small solar power plants, especially if we are confident about the quality of the EPC

Approach

On the ground research by Solar Mango team
Extensive interactions with EPCs
Interactions with banks and financing community
Interactions with component vendors – esp modules, inverters and mounting structures
Continuous engagement with and reporting to the client

Being with You All the Way

Solar Mango will work with the client from the acceptance of this proposal until the day when the first unit of electricity is exported to the grid.
Where needed by the client, the Solar Mango team can also assist the client during the first few months of the solar power plant operations in monitoring the progress of the power plant and analyzing the data.

Get in touch with our consulting team by sending brief details of your requirements and profile

Kindly send the details to – consult@eai.in

About Solar Mango

Solar Mango is the #1 Guide for Solar, with a special focus on India.

For India, in addition to providing guidance on a variety of solar energy aspects for the entire spectrum of end users, Solar Mango also provides custom consulting and research for the following:

Assisting international firms to enter the Indian solar energy sector – market potential analysis, entry strategy and marketing channel set up
Corporation diversification strategy for solar energy opportunities – market potential analysis & entry strategy
Assisting solar power developers/independent power producers in their power plant installations – financial feasibility analysis, EPC section, assistance in financial closure, report preparation
Feasibility and strategy consulting for companies setting up manufacturing facilities for the solar sector – market status update, technical and economic feasibility, assistance in machinery vendor selection.

Get to Know More

Download Our Solar Strategy Consulting Brochure

Talk to us

Email: consult@eai.in

Case Study

Sirwar Solar Power Project

Background: A client holding a PPA under the Karnataka Land Owning Farmer’s Scheme, required turnkey assistance for solar PV power plant implementation. The client approached Solar Mango for assistance in the entire process of solar power plant development – from financial modeling until the time the power plant starts exporting power to the grid.

Location: Sirwar, Raichur Dist, Karnataka

Capacity: 2.2 MW DC

Scope of Work

EPC Selection
- Providing intelligence to the client on the types of EPCs available and the pros and cons of each type of EPC
- Using Solar Mango’s vast network with EPCs, interact with a range of EPCs to select the one that qualifies on all or most parameters
- Arrive at the best possible cost with the ideal EPC

DPR Preparation and assistance in securing bank loan

Prepare a professional DPR to secure banker’s confidence
Explore diverse avenues for securing loans by utilizing Solar Mango’s contacts in the banking and finance circles
Arrive at the best possible financing deal for the client

Financial Modeling to Provide Precise Estimates on Costs and Returns

Detailed cash flow analysis to estimate the project and equity IRRs for the project

Additional Services:

Oversight on component selection
Hard negotiations with the EPC and solar tracker company to ensure client’s faith in tracker implementation

Outcome

Direct cost savings up to Rs 40 lakhs/MW due to interest rate cuts and Buyer’s credit
Assurance of enhanced performance of the power plant by expert hand-holding in component selection
Read All Case Studies

Talk to us

Email: consult@eai.in

Get in Touch

Send us a message to know more on how Solar Mango can help your organisation.

About Us

Our specialized consulting division provides assistance in market research & business intelligence, market potential analysis, strategy consulting, technology vendor/supplier finder, technology & business due diligence, M&A assistance and more for the complete clean energy, environment and sustainability value chain.

We have assisted a range of stakeholders, small businesses/SMEs, startups, large corporations, state and central government, venture capital companies, private equity firms, investment banks, NGOs and more. Send a note to consult@eai.in if you wish to take our consulting help.

Our specialized consulting has benefitted clients all across India and select countries outside:

We has provided consulting & industry research assistance across India, having clients who have benefitted from our consulting or research from the following cities:

Countries worldwide where we have assisted clients through research reports or consulting

Specific Domains We Operate in

Solar Energy

Solar PV– Rooftop Solar | Residential Rooftop Solar | Commercial & Industrial Rooftop Solar | Ground Mounted Solar Farms | Solar Farm Operations & Maintenance | Solar Farm Monitoring & Control | Solar Power Integration with Grid | Offgrid Solar | Solar Water Pumps | Solar Street Lights | Off-grid Solar Homes ||| Solar PV Components – Solar Trackers | Single Axis Solar Trackers | Dual Axis Solar Trackers | Solar Inverters | Solar Power Plant Central Inverter | Solar Power Plant String Inverter | Solar Power Plant Micro-Inverter | Solar PV Mounting Structures | Solar Power Plant Monitoring & Control Systems | Solar PV Wafers | Solar PV Cells | Monocrystalline Solar Cells | Polycrystalline Solar Cells | Thin Film Solar Cells | Bifacial Solar Cells | Solar Modules/Panels | Solar Panel Backsheets | Solar Panel Aluminium Frames | Solar Panel Encapsulants | Building Integrated Solar PV | Solar PV Storage | Concentrating Solar PV |

Bio-Energy

Bio-energy for Heating – Combustion-based Biomass Heating | Gasification-based Biomass Heating | Anaerobic Digestion based Biomass Heating

Other Bio-energy – Biogas | Syngas

Energy Storage

Electrical Storage – Capacitors | Superconducting Magnetic Energy Storage | Chemical Storage | Hydrogen Storage | Fuel Cells

Mechanical Storage – Pumped Hydro Energy Storage | Flywheel Energy Storage | Compressed Air Energy Storage

Sustainable Transportation

Sustainable Transport Fuels – Biodiesel | Ethanol | Bio-CNG | Other Biomass-based Liquid Fuels | Hydrogenated Vegetable Oil – HVO