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Detail Project Report

1MWp SPV Power Plant

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Acknowledgement
This analysis based report is done for the readers of my previous report 1MW Utility Scale SPV
Power Plant, mainly for the readers from South region of INDIA as they are asking repeatedly
about the probability and feasibility-technical & Financial-of a SPV power plant in their region.
At the same time its not possible for me to design a report for each and every state from South
India, so I took Chennai city. Also the previous report was not so detail, was very basic and
meant to the readers who want to get an overview on how a utility scale power plant works.
Now, in this report, I discuss about in depth. From panels selection to CB sizing all are
presented in very detail. Hope, this time you get a strong knowledge on designing and
estimation of 1MW solar PV power plant. Unlike the previous report, the financial aspect
discussed at the end of the paper. In this paper, the financial assessment has done in very detail
and considering the current scenario of SPV market including the cost of solar PV modules,
inverters cost, cable, transformer etc. prices and the funding, interest rate.
And if you have any queries or need clarification, please contact at info@renewpowerzone.in or
amrit.mandal0191@gmail.com .

Disclaimer
The presented data here are NOT TAKEN from any copyright materials and not showing under
my name. The meteo data collected from NASA website and NREL database which is free over
the internet. Designing of PV system is totally based on the practical experience of the author.

Assumption & Consideration


Shading consideration: No shading has been considered at the site during the calculation
design. So it is advised that at the time of execution, please check whether there is any kind of
obstacle in the site which may cause partial/full shading on PV strings and/or PV array. If the
shading occurs, then the estimated power generation will not match the actual power
generated.
Load Factor: It is assumed that the produced power from the PV plant will be fed to the local
utility grid. So, while designing the system, no unbalanced load considered in 3 phase
configuration.
Meteo data: The calculation based on the meteo data collected from NASA website which is
very reliable. Now, based on the co-ordinates the values have been presented in this report. So,
total design is based on this data. For a different location (coordinates), the system design will
differ. It is advised not to copy and implement the design without consulting the author or any
certified PV professional because this design estimation is valid only for a particular site.

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Detail Project Report


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Site consideration: this design has been done by considering the PV modules & array will be
ground-mounted and the site-elevation angle taken 30 .
Cost Estimation: 1MW Solar PV power plant cost estimation has done considering the current
PV market scenario (Sept-Dec 2013), so after few months the cost may vary according the
market.
CAD design & layout: I have not uploaded/attached the CAD design. If anybody interested in
setting up the plant then only contact at the given e-mail ids to get the design file.
Transmission & wheeling losses: Here, in this report, while doing the technical assessment, the
distance from nearest substation to the 1MW solar PV power plant taken within 1.5 KM and so
the wheeling losses considered as 3% of total power transmission. And in the financial
assessment, no wheeling charges have been considered.
Design Criteria: While designing & estimating the technical components & solutions, all the
required/applicable standard design codes have been considered. Mainly the IEC (International
Electrotechnical Commission) Codes, IS codes from BIS have been considered thoroughly.

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Detail Project Report


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Contents
1) Introduction
2) Project details
3) Location metrological details
4) Determination of optimum tilt angle
5) Solar power plant overview
6) Module selection & sizing
7) Inverter selection & sizing
8) Transformer selection
9) Other protective devices including switch gear details
10)
Cable sizing & selection
11)
Civil works details
12)
Performance analysis & simulation
13)
Timeline of the project
14)
Operation & maintenance structure of the plant
15)
Financial calculation, estimation of NCF, Payback period
16)
Guide on selection of various components
17)
Conclusion
18)
About the Author

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Detail Project Report


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Introduction
India is densely populated and has high solar insolation, an ideal combination for using solar power in
India. India is already a leader in wind power generation. In the solar energy sector, some large projects
have been proposed, and a 35,000 km2 area of the Thar Desert has been set aside for solar power
projects, sufficient to generate 700 GW to 2,100 GW. Also India's Ministry of New and Renewable
Energy has released the JNNSM Phase 2 Draft Policy, by which the Government aims to install 10GW of
Solar Power and of this 10 GW target, 4 GW would fall under the central scheme and the remaining 6
GW under various State specific schemes.
The Electricity Act, 2003, paves way for an innovative approach to solve our countrys power problems.
It has paved the way for a competitive environment; open access to existing transmission and
distribution network to transmit electricity across regions; de-licensing of generation, captive power and
dedicated transmission lines; licensing of distribution and supply companies and the restructuring of
State Electricity Boards.
The Ministry of Power has mandated to promote cogeneration and renewable sources for Power
generation under Nodal agencies and hence it will play a major role in mainstreaming renewable energy
sector. The advantage or renewable resources includes their capacity to produce energy without
producing carbon-based warming and polluting agents into the atmosphere. The financial cost of its
applications is not always cheap but if the environmental costs of using fossil are accounted for,
renewable energy wins hands-down. There are also indirect savings on health and its costs as there are
no harmful emissions.
In the above backdrop, YOUR COMPANY NAME has decided to set up a 1/1000 MW/KW Solar Power
Plant. This Detailed Project Report (DPR) brings out all technical details and overall costs justifying the
selection of the project. The total power generation is envisaged to be 1050KW from Solar Photovoltaic
Cell. It is a very important document that is required for Environmental Impact Assessment (EIA) studies,
fixation of tariff, finalizing Power Purchase Agreement (PPA) and also for submission to Financial
Institutions for obtaining project funding. The total project cost is expected to be Rs ___ Crores and the
average cost of generation is expected to be Rs. 7.5/kWh (ASSUMED).
For this project, poly-crystalline technology based 3rd generation Solar PV modules will be used. Along
with this, highly efficient, photon-tested string inverters going to be integrated to the system. These
technologies are the best in the industry. So, Its clear that our project is not compromising with the
quality of the materials and or the components which obviously led this project to success.

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Client details
Country

India

Location

CHENNAI

Contact id

ABC@XYZ.COM

Contact Person

abc

company

ABCXYZ

Purpose

Power generation &


distribution to State utility grid
Project Details

Site & Meteo Details


Location coordinates
Ambient
0
Temperature( C)

10.5, 78.5 (assumed)


Max
28.5

Relative humidity

Average
27.2
72.5%

Min
25.5

Daily Solar irradiationHorizontal


Atmospheric Pressure

5.19 KWh/m /day

Wind Speed

2.7 m/s

Earth temperature
Height from sea level

100.1 kPA
Max
29.6

Average
28.8
10m

Min
26.4

Type of installation

Ground-mounted

Estimated array peak


power

1100KWp

Shading consideration

Shade-free

Grid voltage

11KV

Phase connection

3-phase

Grid frequency

50Hz

Available/required area

20000 m2(apprx)

Safety level

IP65

Site Location/Layout

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Solar Irradiation
7
6
Solar Irradiation

KWh/m2/day

5
4
3
2
1
0

31

Air & earth temperature-monthly

30
29
28
27

Air temperature
earth temperature

26
25
24
23

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Optimum Tilt Angles For Solar PV Array Adjusted by Months


Jan
34

Feb
26

Mar
13

Apr
0

May
11

Jun
14

Jul
12

Aug
5

Sep
6

Oct
19

Nov
29

Dec
35

Figures shown in degrees from vertical


Winter

56 angle

Summer

Spring/Autumn

104 angle

80 angle

On the 21st December, the sun will rise 87 east of due south and set 87 west of due south.
On the 21st March/21st September, the sun will rise 91 east of due south and set 91 west of due
south.
On the 21st June, the sun will rise 95 east of due south and set 95 west of due south.

Irradiation Data on different tilt angles (respect to horizontal surface, KWh/m2/day)


Months
January
February
March
April
May
June
July
August
September
October
November
December
Annual avg.

100
5.04
5.98
6.51
5.76
5.78
5.28
4.99
5.09
5.33
4.67
4.27
4.5
5.26

250
5.35
6.16
6.41
5.39
5.65
5.22
4.9
4.9
5.14
4.69
4.44
4.78
5.25

120
5.41
6.16
6.52
5.85
5.78
5.29
4.99
5.1
5.34
4.71
4.45
4.84
5.36

* Here, 120 angle at AM1.5 has been chosen as fixed south faced model for the project
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Solar PV System Design


System Overview
SPV Array Peak Power
No. of SPV strings
Connection of PV modules in each string
Inverter
Inverter Type/Topology
Total no. of Inverters
Strings/Inverter

1082KWp
206
Series
20KW MPPT based 3 phase string Inverter
MPPT & Transformer Less
53
4/1

Modular Components
Components

Specification

Solar PV modules
Non-Modular Components

Quantity

Max Peak Power=250Wp


Voc= 36V ;Vmp= 29V
Isc= 9.25A ; Imp= 8.65A

4326

Components

Electrical Specification

Quantity

Inverters

20KW, 3Phase &MPPT;


Vmax= 800V
1250KVA
Integrated with Remote
Monitoring system web based

53

Inverter to Busbar= 46A 3p;


busbar/Panel box to
transformer= 1600A 3p;

53
1

DC Disconnect

1000V,20Amps

206

Switch Gear

Rated voltage=12KV;
Rated main busbar
current(Max)=1250A;
SC withstand capacity = 25KA/3s
Dynamic capacity= 50KA

Distribution Panel

NA

Isolator

Vmax= 12KV;
Max cont. current=1250A
DC Side= 10 mm2
AC Side=LT: 16mm2 & HT:
185mm2

Transformer
SCADA/Monitoring
System
Circuit Breaker

Cables

Make

Make

1
1

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Solar PV Module Specification & Array Sizing Details


Required Electrical Characteristics of SPV Modules
Design criteria

IEC-61853-1

Watt Peak

250Wp

VOC

37.20V

VMPP

30.10V

ISC

8.87A

IMPP

8.30A

Module
Efficiency/module area
Power Tolerance

15%

Technology

Si-Poly

No. of cells

60 cells in series

Required Operating Condition Details:

2%

Maximum System
Voltage (IEC)
Maximum Fuse Rating

1000V

Limiting Reverse
Current
Operating Temp
Range
Max Static Loadfront(Snow+Wind)
Max Static LoadRear(wind)

15A

15A

(-10 to 60) C
5500PA
2500PA

Model design parameters


Required Temperature Co-efficient Characteristics
@ STC
o

45 2 C

NOCT ( C)

250 ohm

R shunt (G=0)

2100 ohm

R series model

0.29 ohm

-0.07 0.01

-0.43 0.05

R series max

0.37 ohm

-0.34 0.05

R series apparent

0.47 ohm

(%/ C)

0.065 0.05

Module Efficiency

(%/ C)

Temp. Co-Eff. Of Pmax (%/ C)


Temp. Co-Eff. Of Voc
Temp Co-Eff. of Isc

R shunt

(%/ C)
o

PV Module Behavior at different irradiance level


PV Parameters
@ 1000W/m2
@800 W/m2
PMPP
VOC
VMPP
ISC
IMPP
Module efficiency
Temperature co-eff

249.8.2W
37.2V
30.1V
8.87A
8.31A
15.54%
-0.43%/0C

200.6 W
36.8 V
30.2 V
6.64A
7.10A
15.32%
-0.43%/0C

@ 400 W/m2
100.00
35.8V
30.1V
3.55A
3.33A
15.27%
-0.44%/0C

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Detail Project Report


1MWp SPV Power Plant

Solar PV Array Sizing & Connection Details


conditions
At STC (250C)
Suggested array Size
Actual Solar PV Array Size
Watt Peak of each SPV module
Total nos. of SPV module
required
Total nos. of strings
Nos. of SPV modules in each
string
SPV connection in each string
String voltage (VMPP)
String current (ISC / IMPP)
Connection of strings
Array voltage (VOC / VMPP)
Array current (ISC / IMPP)

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At Avg. Ambient temp. (280C)

1100 KWp
1082KWp
250Wp
4326

1100KWp
1100KWp
263Wp
4326

206
21

206
21

Series
609V
8.87A/8.3A
Parallel
780V/635V
1830A/1710A

Series
630V
9.51A/8.82A
Parallel
750V/620V
1960A/1816A

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Detail Solar Inverter Specification & Design Details


Inverter Type
Quantity

String Inverter (MPPT)


53

INPUT (DC)

Max. Power
Max absolute Input Voltage
Start Voltage
Nominal MPP voltage range
Max Input Current per string
Nos. of Independent MPP inputs/strings
per MPP inputs

23KW
1000V
350V
490V-800V
41.5A
1/6

OUTPUT (AC)

Rated Output Power


Max. Apparent AC Power
Power Threshold
Nominal AC Voltage/range
AC Power Frequency/ range
Max. output current
Power factor at rated power
Feed-In phases/connection phases
Efficiency

Max. Efficiency
Protection Details

20000W
20000VA
20W
3/N/PE;230/460V
50Hz
3x29A
1
3/3
98.7%

DC Disconnect
DC Surge Arrester
Protection Class
Total harmonic distortion
Operating Temperature range
Noise Emission
Self Consumption
Cooling option
Protection type
Remote Monitoring System
User Interference & Communication

Available
Available
I (as per IEC 62103)

Electrically Isolated relay output


Status Display
Inverter to inverter communication
Anti-islanding protection
Inverter connection details

Available
Available
Available
Available

Total nos. of inverter


Nos. of strings per inverter
Connection of strings/inverter
Inter-inverter connection
Inter-Inverter isolator

53
4
Parallel
Parallel into Cu busbar
Provided

<1.8%
-25-60C
<35dB
<25W
Forced Air-cooled
IP65 (as per En 60529)
With RS-485/Ethernet

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Transformer Sizing
Design Criteria
Transformer type

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IS-2026 / IEC-60076
Power transformer, core type with oil-immersed ;
650C winding temp rise
ONAN(Oil Natural Air Natural)
1250KVA
11000V
460V
4.7%
7.5%
1250A
20KA/3s
DELTA
Wye
50Hz
5% of full load capacity

Cooling type
Rated KVA
High Voltage rating
Low Voltage Rating
Nominal impedance
Impedance tolerance
Nominal secondary amps
Max SC withstand current
HV connection
LV connection
Operating frequency
Tap changer

Protective devices
components

Specification

Quantity

DC Disconnects

String to inverter= 1000V, 15A; 2 pole


(As per IEC-60947)

206

Switch gear

Rated voltage=12KV;
Rated main busbar current(Max)=1250A;
SC withstand capacity = 25KA/3s
Dynamic capacity= 50KA
IP55
Inverter to Busbar= 60A 3p;
busbar/Panel box to transformer= A 3p;

Circuit breakers (MCCB)

(NOT required if Inverter has inbuilt


protection)

53
1

Main Isolator (HT side)


Design criteria

IS-9921/IEC-129

Operating frequency

50hz 3%

Nominal system voltage

11KV

Max system voltage

12KV

Rated peak withstand


current (KA peak/rms)
1.2/50 micro sec lighting
withstand Volts (KV peak)

63.5KA

Max continuous current

2500A

Rated 1 minute power


frequency withstand
voltage(KV r.m.s)
No. of poles

Rated SC current for 3s

40KA

Min creepage distance

To earth and
isolating poles

Across the isolating


distances

170

195

To earth and
isolating poles

Across the isolating


distances

75

85

3
320mm

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Cable Sizing
DC Side Cables (strings to inverter)

Design criteria
Cable material
Single cable length per string to inverter
Cross section per string
Voltage drop
Relative power loss reference to Max DC power
Max withstand temp.
Max withstand current capacity
Conductor type
Insulation material

IEC-60811 & IEC-60216


Copper
70 ft
4 mm2
0.18V
0.07%
Normal condition
Short-circuited
condition
900C
2500C
42KA/1sec
Stranded
XLPE

LT Cables (Inverters to busbur/distribution panel)


Design criteria
Cable material
Max Single cable length per inverter to panel box
Cross section
Voltage drop (3phase)
Relative power loss reference to Max AC nominal
power
Max withstand temp

IEC-60228 & IEC-60811


Copper
60 ft
16 mm2
0.46V
0.23%

Normal condition
900C

Max withstand current capacity


Conductor type
Insulation

HT Cables (from distribution panel to feed-in point)


Design criteria
Cable material
Cable length from distribution panel to feedin point
Cross section
Voltage drop (total)

Relative power loss reference to Max AC


power
Voltage grade
SC withstand current capacity
Insulation

L1
L2
L3

2KA/1sec
Stranded
PVC

Short-circuited
condition
2500C

IEC-60502
Al
25 ft
185mm2
1.37V
1.37V
1.37V
0.57%
11KV(UE), heavy duty
26KA @1s
XLPE

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Detail Project Report


1MWp SPV Power Plant
Line Losses
Total cable length
Cable cross section

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DC Side

AC Side

Total

8120 ft
4 mm2

3070 ft
16 mm2 +185 mm2
5 KW

11180 ft
4 mm2 +16 mm2 +185
mm2
40KW

0.76%

0.83%

Power loss @ nominal 35 KW


operation
Relative power loss @ 0.07%
nominal operation

Busbar constructional Analysis


Busbar material

Main busbar

Auxilury busbar
Copper

Busbar insulation

Al alloy E91 E
grade
Fully insulated

Busbar length
Earthing bus materials

Main
Aux
3.5mt
0.75mt x 52
GS (IEEE std. 80/IEC-60439-1)

Earthing & Lighting Protection


Design Criteria

IEEE Standard-80

Grounding System

Earth grid resistance

Less than 10 ohm

Placing of earth
electrode

Earth Pit

Earth Electrode sizing


Physical Parameters

Heavy duty GI pipes, 32mm dia, 3mt long

Material
Min depth of earth pit
Components grounding
Lightning Protection

Galvanized Steel(GS), flat type


600mm
Min 75x10mm GS strip

Design criteria
Placing
Dimension

As per IEC-62305
On the highest panel of array
40mm dia with 3m height (vertical air
termination)
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CIVIL WORKS
Live Loads estimation of control room + admin building (as per IS 875:1987)
parameters
Roof load
Ground floor load
Piping load
Electrical + HVAC
Seismic load

details
1750 kg/ m2
Control room
18000kg/m2
Office
5000kg/ m2
50 kg/ m2
26 kg/ m2

Roof drainage

Roof drain heads

Construction details
Interwall
Cement : Sand
Interwall thickness
Parapet walls
Cement : Sand
thickness
Steel work

Remarks
As per IS-456
As per IS-456
IS-456
As per IS-456
As per IS-456
As per IS-456

1:6
230mm
1:4
115mm

Reinforced bars will be provided


as per IS 800:2007

PV Array mounting & constructional details


PV tilted angle (optimized)
Mounting type
Overall dimension
Foundation
Foundation grade
Wind load
Fixing type

Total Land required

130 (@1070 W/m2/day)


Ground mounted
As per design
Plain cement concrete (PCC)
1:5:10
9.72 Km/hr
SS 304 fasteners

5 acres

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System Performance Analysis & Simulation

Solar Paths at site on monthly basis

Reference Incident energy in collector plane

Normalized production per installed KWp


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1MWp SPV Power Plant

Performance Ratio (PR)

Daily System Output Energy

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Normalized Production & Loss factor

SPV Array Power Distribution

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Overall Power plant performance Summery


Total no. of PV modules
4326 (250Wp)
Total nos. of Inverters
53 (20KW)
Max DC input per Inverter
21KW
Nominal PV power
1082 KWp
Max. PV power output
1027 KWdc
Nominal AC power
1060KWac
Max operating power @ STC
962KWac
Max operating power @Ambient Temp.
1027KWac
Plant production
1655 MWh/year
Specific production
1526KWh/KWp/year
Normalized production
4.2 kWh/KWp/day
Array losses
0.87 KWh/Kp/day
Overall losses
0.22 KWh/KWp/day
Performance ratio
0.80

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Time line of the project

Design

Land
acquisition

PPA

DPR

finance

Preparation of design & estimation of the plant


15 working days required.

As per design requirement, proper land selection & acquisition processed.


Time required 1 month

Power Purchase Agreement(PPA) with private power purchaser need to be finalized at a feasible rate.
Required time is 15 working days

Preparation of Detailed Project Report including technical feasibility of the project prepared.
Time required 6 working days.

Arrangement of finance/fund for the project from nationalized or private financing agency with significant interest rate
and equity share will be finalized.
Required time for this stage is 1 month.

After finalizing PPA and arrangement of fund for the project, procurement work starts including preparation & finalizing of
vendor selection, BOM, BOQ, order placing, follow-ups of delivery to site/warehouse.
procurement Estimated time for this step is 1 month.

After the processing of procurement, first civil construction at the site starts for PV mounting structure set-up and
control-room, administrative building. Finishing the civil works, PV installation & all electrical construction works including
the Grid Evacuation will be processed.
construction Estimated time for this whole work is 2 months.

Commissioning of the plant by authorized govt. body or certified 3 rd party will be done followed by Completion of project
execution.
commission required time for this step is 6 working days.

ing

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Operation & Maintenance of Plant


Why do we need an O&M for Solar PV power plant?
As every plant needs a regular maintenance work to make it functional & in well-condition, so
in this case also, a PV power plant also requires a sound & efficient operation & management
team to perform all the work after plant commissioning.
A detailed structure of O&M team has been provided here in a hierarchy model to demonstrate
in a simpler way.

operation
manager

Plant manager

maintenance
Engineer
(Mech)

Maintenance
engineer(E&IE)

Technician1

Technician2

skilled labour1

skilled labour2

control room
technician

Skilled labour1

Supply chain
executive

Accounts
executive

skilled labour2

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Financial Analysis & feasibility


Initial Investment in terms of components cost & service charges
Sl.
No.

Components/services

Total cost
(in INR)

1.
2.
3.
4.
5.

Solar PV modules
Solar inverters
Transformer
Protective devices
Wires/Cables

6.
7.
8.
9.

SCADA/RMS
Project execution & commissioning
Construction works
Grid evacuation

1,000,000
2,000,000
4,000,000
1,000,000 (assumed)

10.

Other official works

1,000,000

45,100,000
11,660,000
2,940,000
1,200,000
1,000,000

Total Project investment

Remarks
41rs/Watt peak
11rs/Watt peak
From international vendor
From international vendor
Considering IEC codes & ISO
certified

Assumed because of having


no sufficient data
Subject to change as per
rules
70,900,000 INR

Total expenses over the year for plant O&M and staffing = 2,000,000
This expense is considered for regular maintenance cleaning of PV array, checking the status of
inverter, cable-fault checking, emergency maintenance & replacement of components and
annual salaries of O&M team of the plant.
Loan Interest rate is @12% over 70% of total project cost which shall be completed within next
7 years (the rest 30% as equity shares).
Estimated time period
Total Loan amount
Interest rate
EMI
Monthly interest
total Interest paid

7 years
49,630,000
12%
876,110
285,270
23,962,830

10 years
49,630,000
12%
712,050
298,460
35,815,600

*all the amounts are considered in INR currency.

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Page 22

Detail Project Report


1MWp SPV Power Plant

Queries@ info@renewpowerzone.in

Detailed Analysis of Installment, EMI, Interest of the 70% project


finance/fund
Sl.
No.
1)
2)
3)
4)
5)
6)
7)
8)
9)
10)
11)
12)
13)
14)
15)
16)
17)
18)
19)
20)
21)
22)
23)
24)
25)
26)
27)
28)
29)
30)
31)
32)
33)
34)
35)
36)
37)
38)
39)
40)

Installments

EMI
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39

0
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105

Monthly principle
0
379,805
383,603
387,439
391,314
395,227
399,179
403,171
407,203
411,275
415,387
419,541
423,737
427,974
432,254
436,576
440,942
445,351
449,805
454,303
458,846
463,434
468,069
472,749
477,477
482,252
487,074
491,945
496,864
501,833
506,851
511,920
517,039
522,210
527,432
532,706
538,033
543,413
548,847
554,336

Monthly Interest
0
496,300
492,502
488,666
484,792
480,878
476,926
472,934
468,903
464,831
460,718
456,564
452,369
448,131
443,851
439,529
435,163
430,754
426,300
421,802
417,259
412,671
408,036
403,356
398,628
393,853
389,031
384,160
379,241
374,272
369,254
364,185
359,066
353,896
348,674
343,399
338,072
332,692
327,258
321,769

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Page 23

Detail Project Report


1MWp SPV Power Plant
41)
42)
43)
44)
45)
46)
47)
48)
49)
50)
51)
52)
53)
54)
55)
56)
57)
58)
59)
60)
61)
62)
63)
64)
65)
66)
67)
68)
69)
70)
71)
72)
73)
74)
75)
76)
77)
78)
79)
80)
81)
82)
83)
84)
85)

40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84

876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105
876,105

559,879
565,478
571,133
576,844
582,613
588,439
594,323
600,266
606,269
612,332
618,455
624,640
630,886
637,195
643,567
650,002
656,502
663,068
669,698
676,395
683,159
689,991
696,891
703,860
710,898
718,007
725,187
732,439
739,763
747,161
754,633
762,179
769,801
777,499
785,274
793,127
801,058
809,068
817,159
825,331
833,584
841,920
850,339
858,842
867,431

Queries@ info@renewpowerzone.in
316,226
310,627
304,972
299,261
293,492
287,666
281,782
275,839
269,836
263,773
257,650
251,466
245,219
238,910
232,538
226,103
219,603
213,038
206,407
199,710
192,946
186,114
179,214
172,246
165,207
158,098
150,918
143,666
136,342
128,944
121,472
113,926
106,304
98,606
90,831
82,979
75,047
67,037
58,946
50,774
42,521
34,185
25,766
17,263
8,674

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Page 24

Detail Project Report


1MWp SPV Power Plant

Queries@ info@renewpowerzone.in

1000000
900000
800000
700000
600000

Installment
EMI

500000

Monthly Principle

400000

Monthly Interest

300000
200000
100000
0
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55 58 61 64 67 70 73 76 79 82 85

Net Cash Flow/year Estimation (all amounts are in INR)


Initial Investment
70,900,00
Expenses for O&M per year
2,000,000
Total amount paid/year for loan(7 years term
10,513,320
considered)
Tolerance factor
2%
Total amount to be paid per year
12,763,600
Energy generated per year
1,655MWh
PPA rate for next 12 years
7.5rs/KWh
REC floor price
12,000rs/MWh (approx.)
Gross cash flow through PPA
12,412,500
Gross cash flow through REC trading
19,860,000
Net Cash Flow (NCF) per year
21,759,180
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Page 25

Detail Project Report


1MWp SPV Power Plant

Queries@ info@renewpowerzone.in

NET CASH FLOW & PAY BACK PERIOD


Now according to Discounted Cash Flow method (considering @10% DCF)
years

1
2
3
4
5
6
7
8
9
10

Present value of rs.1 @10%


0.909
0.826
0.751
0.683
0.621
0.564
0.513
0.467
0.424
0.386

19,779,094.62
17,973,082.68
16,341,144.18
14,861,519.94
13,512,450.78
12,272,177.52
11,162,459.34
92,145,357.80
83,660,898.56
76,162,987.84

So, Pay Back Period= 6 years 1 month (approx.)

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Page 26

Detail Project Report


1MWp SPV Power Plant

Queries@ info@renewpowerzone.in

Most suitable vendors/suppliers of the project components


Solar PV modules

Inverter

Transformer

Switch gear
DC Disconnect
Circuit breaker
SCADA/RMS
Cables

Isolator

1.
2.
3.
4.
5.
6.
1.
2.
3.
4.
5.
6.
1.
2.
3.
4.
1.
2.
1.
1.
2.

Vikram Solar
Waaree Energies
Sova Power
Canadian Solar
Trina Solar
First Solar
Power One
SMA
Smart Power
REFusol
Delta
Schneider Electric
ABB
Schneider Electric
Ascott transformer
Voltech
Schneider Electric
Megawin
Schneider Electric
Megawin
ABB

1.
1.
2.
3.
4.
1.
2.
3.

Draker
Havells
Finolex cables
RR Kabels
Anchors
ABB
Schneider Electric
Megawin

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Page 27

Detail Project Report


1MWp SPV Power Plant

Queries@ info@renewpowerzone.in

Conclusion
Id like to thank you for reading the whole paper. Hope you have got clear view on design &
estimation of 1MW utility scale Solar PV Power Plant. Though I have discussed about the
technical part as well as the financial part in detail, I might have been forgot to add anything
more important. So, you are most welcome to give your valuable feedback & suggestion on this
report. At the end, I discussed about some companies for the components. I have chosen these
companies because their products are fulfilling my design criteria. It is not that Im representing
these companies and their products.
About Myself: Im a Solar PV professional currently working with a solar EPC company as
Project Engineer. Ive done B.Tech in Electrical Engineering & holding a PG certificate in
Advanced Solar Energy from delft Technical University, Netherlands.
Personally I provide technical consulting including site survey, technical design, CAD design,
preparation of DPR, guide in procurement & Construction.

You can review my papers/reports at www.wbut.academia.edu/amritmandal


Connect to my professional profile in linkedIn at
http://www.linkedin.com/pub/amrit-mandal/55/667/a3
Read solar PV related articles & learn about new technologies at- www.renewpowerzone.in
Contact me or send your queries at- amrit.mandal0191@gmail.com , info@renewpowerzone.in

THANK YOU

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Page 28

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