CAPEX:1 MW Solar Power Project Cost Breakdown

Percentage,
ITEM COMPONENT COST COST (PhP)
%
1 Engineering, Procurement & Supervision on Construction & Comissioning Cost 994,757.80 0.91%
2 PV Panels(AS-300P-72),Inverter-500kW,Main junction Box-24ch,MC4 Extension cable 51,392,150.00 47.07%
Transformers and Substation, and other electrical items such as electrical cables and
3 11,043,255.00 10.11%
control systems
Electrical Works (Installation of PV panels, inverters, transformers, & substation, wirings &
4 18,730,621.50 17.16%
control systems), 30% of item 2 and 3
Mechanical Works and Civil Works(Fabrication & Installation of Array Structures and
5 18,309,753.00 16.77%
Foundation , Substation and Control room,road networks, fences, etc.)
6 Land Acquisition(2.9 hectares) 3,219,000.00 2.95%
7 Transport (3% of Item 2) 1,541,764.50 1.41%
8 Insurance, 1.5% of items 2 770,882.25 0.71%
9 Contingency Cost (3% of above cost) 3,180,065.52 3%
TOTAL 109,182,249.57 100%

COST BREAKDOWN
A. Electrical Component:
ITEM DESCRIPTION QTY UNIT UNIT COST TOTAL COST,USD TOTAL COST,Php
1 AS-300P-72 SOLAR PANELS 3,333 PC 250.00 833,250.00 39,162,750.00
2 INVERTERS-500kW ON GRID INVERTERS 2 PC 64,482.50 128,965.00 6,061,355.00
3 MC4 EXTENSION CABLE 1 LOT 16,600.00 16,600.00 780,200.00
4 Main junction Box-24 ch 15 PC 1,279.00 19,185.00 901,695.00
5 Electrical wire and Other Accessories 1 LOT 95,450.00 95,450.00 4,486,150.00
SWITCHBOARD, VERTICAL FREE STANDING PANEL,
6 NEMA 1, 3000AT AIR CIRCUIT BREAKER 1 ASSY 800,000.00 17,021.28 800,000.00
WITHDRAWABLE TYPE, 480V, 3P
7 POWER TRANSFORMER, .75 MVA 13.8/0.48 KV DYn11 2 UN 937,500.00 39,893.62 1,875,000.00
MEDIUM VOLTAGE SWITCHGEAR, VERTICAL FREE
STANDING, NEMA 1; 630AT VACUUM CIRCUIT
8 BREAKER WITHDAWABLE TYPE, 13.8 KV, 3P, BUSBAR 1 UN 1,100,000.00 23,404.26 1,100,000.00
RATING: 25 KAIC; COMPLETE WITH DIGITAL POWER
METERING AND PROTECTIVE RELAYING
9 POWER TRANSFORMER, 1.5 MVA 138/13.8 KV DYn11 1 UN 1,875,000.00 39,893.62 1,875,000.00
10 HYBRID SWITCHGEAR,ABB TYPE PASSM0(SBB) 1 UN 5,393,255.00 114,750.11 5,393,255.00

TOTAL 1,328,412.87 62,435,405.00

Note: 1. Items 1-5 is based on the Quotation given by Japanese supplier, this sum up to Php 51,392,150.00 given
a currency exchange rate of Php 47.00 per USD (Indicated in ITEM NO. 2 of CAPEX)
2.Items 6-10 are electrical requirement needed to enable the system to connect to the 138KV backbone(
National Grid Backbone Voltage) (Indicated in ITEM NO.3 of CAPEX)
 B. Structural and Civil Works: Total cost of 18,309,753.00 as indicated in ITEM NO. 4 of CAPEX

a. Civil works-Foundation of array structure

CIVIL WORKS FOR ARRAY STRUCTURES/FOUNDATION:
Item No. Description Qty. UM Unit Price (PhP) Total Price (PhP)
1 Cement 24 bag 225 5,400.00
2 Sand 2 cu.M 1,100.00 2,200.00
3 Gravel 4 cu.M 1,100.00 4,400.00
4 10mmØ REBARS 40 LN 155 6,200.00
5 GI Wire 2 Kg. 60 120.00
6 2x2x10' Coco Lumber 12 LN 80 960.00
7 3/4" Plywood 4 SHT 1200 4,800.00
8 CWN Assorted 4 Kg. 60 240.00
Total Material Cost 24,320.00
Total Cost per Array 24,320.00
Total Number of Array 102.00
Sub-Total 2,480,640.00
Labor Cost 868,224.00
Contractor's profit 248,064.00
Total Civil Works Cost 3,596,928.00

b. Array Structure(as quoted by Japanese Supplier)

STRUCTURAL WORKS FOR ARRAY STRUCTURES:
Item No. Description Qty. UM Unit COST, USD Unit COST, Php
1 Structural Materials 1.00 LOT 132,250.00 6,215,750.00
2 Installation of Array structures 1.00 LOT 1,864,725.00
Total Structural Works Cost, PhP 132,250.00 8,080,475.00

c. Other Civil Works

OTHER CIVIL WORKS:
Item No. Description Qty. UM Unit Price Total Cost (PhP)
1 LAND DEVELOPMENT 11000 cu.m 300.00 3,300,000.00
2 TRANSFORMER HOUSE/CONTROL ROOM 100 sq.m 25,000.00 2,500,000.00
3 PERIMETER FENCE 1110 m 685.00 760,350.00
4 LIGHTING PROTECTION MAST 4 LOT 18,000.00 72,000.00
Total Other Civil Works Cost 6,632,350.00

Land Acquisition: As indicated in ITEM NO. 6 of CAPEX

LAND ACQUISITION
Item No. Description Qty. UM Unit Price Total Cost (PhP)
1 LAND acquisition 2.9 ha 1,000,000.00 2,900,000.00
2 Documentation 1 LOT 319,000.00 319,000.00
TOTAL 3,219,000.00