50MW SOLARISMTM PROJECT

SYNOPSIS BY

SHAHEEDUL HASAN, COO AT

RISE 2016, HILTON, MUMBAI 24-SEPT-16

ENERGY:CRITICAL FACTS & FIGURES

Fossil fuel (coal/oil/gas) - limited and fast depleting; an urgent

need of renewable source of energy - solar/wind.

Average per capita electricity production in industrially

advanced nation is 14,000 units, while it’s only 900 in India

against the need of 2000 (only 45%) .

People without electricity = ~ 30 Cr; Unelectrified Villages: 35K

India’s installed power generation capacity is 285GW (Aug-2016)

RE contribution is 43 GW, i.e., 13% (Aug-2016)

Solar contribution is only 8 GW (Till Aug-16) while target is 100

GW by 2022. Rooftop Target is 40 GW by 2020.

Wind Power is 25 GW against target of 60 GW by 2022.

Solar Potential: Energy in 1 hr > World’s Annual Energy Reqmnt

India is in sunny region with 4-7 KWH/m2 with more than 300

Sunny days; India’s Potential=750 GW

Gujarat is more blessed with 5-6.4 KWH/m2 and 330 sunny days.

RPO for Solar to go up from 0.25% in 2011-12 to 8% by 2022

Fund needed is $100 Billion

Why Renewable?

PER CAPITA ENERGY CONSUMPTION

With 11 GJ, long way to go…

Rest of World at 18 is much above India

India only dreams for it

India needs 1250 Million Units more to improve from 11 to 12 GJ per capita and 8750 Mn to reach ROW level

TRENDS…

PO

TE

NT

IA

L

EX

PL

OI

TA

TI

ON

Solar Irradiance Map of India

Gujarat: Highest

Radiation

6

KP Group: Surat, Gujarat based, Established in 1994; 120 Cr Turnover

Highly Qualified, Experienced, Skilled & Visionary Leadership Team

consisting of Business Leaders, Ex-ISRO Scientist and Senior Ex-Govt. Officers

Well experienced in Solar, Wind, Telecom Infra

Owns two well equipped modern Factories at Surat & Vadodara for:

Telecom and Transmission Towers – Design & Fabrication

Solar Modules Mounting Structure – Design & Fabrication

Hot-dip Galvanizing facility

Group Companies:

KPI Global Infrastructure Ltd

KP Buildcon Pvt Ltd

KP Energy Ltd (BSE Listed under SME – Code: KPEL)

KP Structural & Galvanizing Pvt Ltd & others

For more details, please visit www.solarism.kpgroup.co

KP GROUP – AT A GLANCE

7

SOME OF THE PROJECTS EXECUTED

SOLAR POWER PROJECTS

Have executed large Solar

projects totaling 105 MW in

Bhachau, Charanka, Jamnagar

(Gujarat) & Sakri (Maharshtra)

Supplied MMS Structures from

own factory

Solar Water Pump of UGVCL

MNRE Accredited; Several

Rooftop Sites Commissioned

Our Esteemed Customers:

Some More Customers:

Accord Communications

Mahagenco

GPPC

Sunborn

Alex

WINDFARM INFRA PROJECTS A land portfolio for 390MW

allocated by Government of

Gujarat in the districts of

Bhavnagar & Porbandar

Wind Masts installed at these

sites for Wind Data collection

and Energy Yield study.

33.6 MW (16 Nos x 2.1MW WTG

already commissioned at our

Ratdi Windfarm in Porbandar;

33.6MW (16x2.1MW WTG’s)

execution are in advanced

stages in Palitana, Bhavnagar;

12 are already commissioned, 1

WTG is owned by KP.

30 MW, 66KV Substation work

is in progress at Kuchhdi in

Porbandar.

Our Esteemed Customers:

Colourtex, Surat Municipal

Corporation, SPL, Filatex , Jay

Bharat and Others

MOBILE COMMUNICATION PROJECTS

Executed large projects of

Mobile Telecommunications in

15 major States of India as TSP

Low cost, excellent quality and

on-time delivery using

innovative ways of execution

Executed OFC Project work of

more than 1700 KM

Vodafone, 1800 KM of OFC

O&M for patrolling, fault

rectification

Our Esteemed Customers:

8

SOLARISMTM– ROUTE MAP

9

SITE DATA

Lat 21.894

Long 72.903

District Bharuch

State Gujarat

Capacity 50 MWp

(Part-1: 15 MWp)

Total Private Land 260 Acre

Land Needed 5 Acre / MW

Irradiance 5.23 KWH/m2

Expected EYR per MW/Year 1.7 MWH

PLF Expected 20%

Revenue Model REC+PPA/OA/CAPTIVE

DISCOM DGVCL (GUVNL)

State Nodal Agency GEDA

Evacuating GETCO S/S Amod 66 KV

PV Technology Poly Crystalline PV

Sun Tracking No (Fixed)

Project ID with GoG 11106

COD of 2MW 13-Jan-2016

COD of 3MW 30-Mar-2016

Expected COD next 10MW Dec-2016

Expected COD next 35MW Dec-2017

SOLAR PARK @ A GLANCE

Solarism

AMOD

TORRENT POWER

DAHEJ GIDC

VILAYAT GIDC

VAGRA GIDC

10

1. Better/Higher Radiation

2. Lower ambient Temperature

3. Less dusty area surrounded by agricultural lands

4. Use of Improved and more efficient PV Technology

5. Selection of best, reliable & efficient Solar panels, inverters, cables and

transformers, etc.

6. Optimum angle of inclination

7. Use of optimum inter-row spacing between two adjacent rows to avoid

shadow effect

8. Shadow free land

9. Own O&M and regular panel cleaning

10. Heavier Hot Dip Galvanized MMS for long life span of 25 years

11. Panther Towers for 66KV Transmission Line – Future proof

12. Proximity with GIDC’s like Dahej, Vagra, Vilayat where the power

demand is more than 2000MW

SOLARISMTM– UNIQUE FEATURES

11

SOLARISMTM– LATEST STATUS

SN TASK DESCRIPTION STATUS REMARK

1 Land Acquisition of 260 Acres Completed 50 MW

2 Land NA Conversion for Phase-I Completed 30 MW

3 Signing of MOU with Govt of Gujarat Completed

4 GEDA & NLDC approval under REC Completed

5 GETCO Connectivity Agreement Completed

6 CEIG-Gujarat’s Approval Completed

7 Wheeling Agreement with DGVCL Completed

8 Signing of PPA with Manikaran Power Ltd Completed

9 Excise Duty Exemption Certificate by MNRE Completed

10 Boundary Walls/ Internal Road / Borewells Completed 30 MW

11 Civil Foundation Completed 20 MW

12 Module Mounting Structure, MMS, Erection Completed 7 MW

13 66 KV Transmission Line Work Completed 50 MW

14 66/11 Switchyard Work Completed 50 MW

15 Commissioning of 5MW Solar Plant Completed 30-Mar-16

16 Installation &Commissioning of next 10MW In Progress Dec-16

PROJECTED MONTHLY GENERATION

Projected Annual Generation is 17.5 Lac Units and Avg 146,010 Units per month

Month Generation

Jan 161,000

Feb 153,885

Mar 174,348

Apr 163,587

May 162,646

Jun 130,541

Jul 104,315

Aug 104,432

Sep 132,540

Oct 159,295

Nov 151,768

Dec 153,767

Yearly 1,752,125

Average 146,010

16

1,0

00

15

3,8

85

17

4,3

48

16

3,5

87

16

2,6

46

13

0,5

41

10

4,3

15

10

4,4

32

13

2,5

40

15

9,2

95

15

1,7

68

15

3,7

67

-

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

180,000

200,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Monthly Generation for 1MW (Units)

Highest Generation

Lowest Generation

Confidential 13

FINANCIALS PARAMETERS – 1MW

KEY PARAMETERS Project Cost: Value Unit

Plant Capacity 1 MW

Project Cost 6.25 Rs. Crore

Operational Parameters:

Generation (Units) 17.52 Lakhs

Transmission losses 4.0% % of Gen’tion

Performance Degradation 0.8%

PLF 20.0%

O&M + Lease 13.0 Rs.Lakhs

Free O&M + Lease 1 Years

Service Tax 14.5%

Escalation 4.0% Per Annum

Insurance 0.1%

Transmission Charges 2785 Rs/Day

Cross Subsidy Charges 0 Rs/KWH

Additional Surcharge 0 Rs/DKWH

Tariff Details

Base Tariff - Captive 6.7 Rs/KWH

Escalation 6.0% Rs/KWH

Equity 30% 187.5 Lakhs

Debt 70% 437.5 Lakhs

Rate of Interest 12.5% Per Year

Repayment Years 12 Years

RESULTS Project IRR 17.73%

Equity IRR 21.84%

Average DSCR 1.73

Minimum DSCR 1.07

Payback Period - Project 6.35

Payback Period - Equity 7.29

KEY BENEFITS 1. ACCELERATED DEPRECIATION (AD) 2. MAT / 80I 3. EDEC / CDEC 4. SAVING MOTHER NATURE

85% UNITS GENERTION GUARANTEED BACKED BY FINANCIAL GUARANTEE

12/4/2014 Confidential 14

SOME IMPORTANT APPROVALS

12/4/2014 Confidential 15

15MW SOLAR PLANT LAYOUT

10 MW

5 MW

66KV S/S

SPEAKING PHOTOGRAPHS

17

SPEAKING PHOTOGRAPHS

WHICH SIDE YOU ARE? ‘RIGHT’ IS ALWAYS RIGHT

ANNEXURES

PHOTOGRAPHS & SPECS

20

SOLARISMTM– EQUIPMENTS USED

Equipments used are best-in-class keeping 25 Years plant life

S.NO. EQUIPMENTS SUPPLIER MAKE MODEL

1 Solar P V Panel Goldi Green

Technologies ,Surat Goldi Green GOLDI250PM

2 Module Mounting

structure KP Buildcon Pvt Ltd KP -

3 Array Junction Box RPG Raychem Fimer Italy SBC24

4 Inverter RPG Raychem Fimer Italy R7500TL

5 Transformers

Transformers and

Rectifiers (India) Ltd.

Ahmedabad

T & R

1. 7.5/10 MVA

(11/66 KV )

2. 1.5 MVA

(0.27/11 KV )

6 HT Panels Akshar Infra Pvt. Ltd.

Vadodara CGL 11 KV

7 SF6 Breakers Akshar Infra Pvt. Ltd.

Vadodara ABB

EDF SK1-1

66 KV /1600 A

8 SCADA

Dynamic Innovations Pvt.

Ltd.

Ahemdabad

GE Proficy Scada

9 Weather Monitoring

System

Aeron Systems Pvt. Ltd.

Pune

Hukseflux

Thermal Sensors SR20-T1

Solar P V Panel

Solar P V Panel

Array Junction Box

Inverter Room

Inverter

Inverter Transformer

Inverter Transformer

Inverter Room 11 KV Panel

11 KV Panel

Control Room

Control Room

Control room 11 KV Panel

66KV Power Transformer

66KV Power Transformer

66 KV Substation

SCADA Room

SCADA Main Screen

Scada-Inverter Parameters

Weather Monitoring System