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Detail Project Report

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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 it’s 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 panel’s 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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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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Contents
1) Introduction 4
2) Project details 5
3) Location metrological details 6
4) Determination of optimum tilt angle 7
5) Solar power plant overview 8
6) Module selection & sizing 9
7) Inverter selection & sizing 11
8) Transformer selection 12
9) Other protective devices including switch gear details 13
10) Cable sizing & selection 14
11) Civil works details 16
12) Performance analysis & simulation 17
13) Timeline of the project 21
14) Operation & maintenance structure of the plant 22
15) Financial calculation, estimation of NCF, Payback period 23
16) Guide on selection of various components 27
17) Conclusion 28
18) About the Author 28

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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 country’s 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, It’s 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

Site & Meteo Details Project Details


Location coordinates 10.5, 78.5 (assumed) Type of installation Ground-mounted
Ambient Max Average Min Estimated array peak 1100KWp
0
Temperature( C) 28.5 27.2 25.5 power
Relative humidity 72.5%
2 Shading consideration Shade-free
Daily Solar irradiation- 5.19 KWh/m /day
Horizontal Grid voltage 11KV
Atmospheric Pressure 100.1 kPA Phase connection 3-phase
Wind Speed 2.7 m/s
Grid frequency 50Hz
Earth temperature Max Average Min
Available/required area 20000 m2(apprx)
29.6 28.8 26.4
Height from sea level 10m Safety level IP65

Site Location/Layout

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Solar Irradiation
7

5 Solar Irradiation
KWh/m2/day

31
Air & earth temperature-monthly
30

29

28
Air temperature
27 earth temperature

26

25

24

23

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Optimum Tilt Angles For Solar PV Array Adjusted by Months

Jan Feb Mar Apr May Jun


34° 26° 13° 0° 11° 14°

Jul Aug Sep Oct Nov Dec


12° 5° 6° 19° 29° 35°

Figures shown in degrees from vertical

Winter Spring/Autumn Summer

80° angle 104° angle


56° 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 100 250 120
January 5.04 5.35 5.41
February 5.98 6.16 6.16
March 6.51 6.41 6.52
April 5.76 5.39 5.85
May 5.78 5.65 5.78
June 5.28 5.22 5.29
July 4.99 4.9 4.99
August 5.09 4.9 5.1
September 5.33 5.14 5.34
October 4.67 4.69 4.71
November 4.27 4.44 4.45
December 4.5 4.78 4.84
Annual avg. 5.26 5.25 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 1082KWp
No. of SPV strings 206
Connection of PV modules in each string Series
Inverter 20KW MPPT based 3 phase string Inverter
Inverter Type/Topology MPPT & Transformer Less
Total no. of Inverters 53
Strings/Inverter 4/1

Modular Components

Components Specification Quantity Make


Solar PV modules Max Peak Power=250Wp 4326
Voc= 36V ;Vmp= 29V
Isc= 9.25A ; Imp= 8.65A
Non-Modular Components
Components Electrical Specification Quantity Make
Inverters 20KW, 3Phase &MPPT; 53
Vmax= 800V
Transformer 1250KVA 1
SCADA/Monitoring Integrated with Remote 1
System Monitoring system web based
Circuit Breaker Inverter to Busbar= 46A 3p; 53
busbar/Panel box to 1
transformer= 1600A 3p;
DC Disconnect 1000V,20Amps 206
Switch Gear Rated voltage=12KV; 1
Rated main busbar
current(Max)=1250A;
SC withstand capacity = 25KA/3s
Dynamic capacity= 50KA
Distribution Panel NA 1
Isolator Vmax= 12KV; 1
Max cont. current=1250A
Cables DC Side= 10 mm2
AC Side=LT: 16mm2 & HT:
185mm2

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Solar PV Module Specification & Array Sizing Details


Required Electrical Characteristics of SPV Modules

Design criteria IEC-61853-1


Required Operating Condition Details:
Watt Peak 250Wp Maximum System 1000V
VOC 37.20V Voltage (IEC)
Maximum Fuse Rating 15A
VMPP 30.10V
Limiting Reverse 15A
ISC 8.87A Current
0
IMPP 8.30A Operating Temp (-10 to 60) C
Range
Module 15% Max Static Load- 5500PA
Efficiency/module area front(Snow+Wind)
Power Tolerance ±2% Max Static Load- 2500PA
Rear(wind)
Technology Si-Poly
No. of cells 60 cells in series
Model design parameters

Required Temperature Co-efficient Characteristics R shunt 250 ohm


@ STC R shunt (G=0) 2100 ohm
o o
NOCT ( C) 45 ± 2 C
o R series model 0.29 ohm
Module Efficiency (%/ C) -0.07 ± 0.01
Temp. Co-Eff. Of Pmax (%/ C)
o
-0.43 ± 0.05 R series max 0.37 ohm
o
Temp. Co-Eff. Of Voc (%/ C) -0.34 ± 0.05 R series apparent 0.47 ohm
o
Temp Co-Eff. of Isc (%/ C) 0.065± 0.05

PV Module Behavior at different irradiance level


PV Parameters @ 1000W/m2 @800 W/m2 @ 400 W/m2
PMPP 249.8.2W 200.6 W 100.00
VOC 37.2V 36.8 V 35.8V
VMPP 30.1V 30.2 V 30.1V
ISC 8.87A 6.64A 3.55A
IMPP 8.31A 7.10A 3.33A
Module efficiency 15.54% 15.32% 15.27%
Temperature co-eff -0.43%/0C -0.43%/0C -0.44%/0C

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Solar PV Array Sizing & Connection Details


conditions At STC (250C) At Avg. Ambient temp. (280C)
Suggested array Size 1100 KWp 1100KWp
Actual Solar PV Array Size 1082KWp 1100KWp
Watt Peak of each SPV module 250Wp 263Wp
Total nos. of SPV module 4326 4326
required
Total nos. of strings 206 206
Nos. of SPV modules in each 21 21
string
SPV connection in each string Series Series
String voltage (VMPP) 609V 630V
String current (ISC / IMPP) 8.87A/8.3A 9.51A/8.82A
Connection of strings Parallel Parallel
Array voltage (VOC / VMPP) 780V/635V 750V/620V
Array current (ISC / IMPP) 1830A/1710A 1960A/1816A

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Detail Solar Inverter Specification & Design Details

Inverter Type String Inverter (MPPT)


Quantity 53
INPUT (DC)
Max. Power 23KW
Max absolute Input Voltage 1000V
Start Voltage 350V
Nominal MPP voltage range 490V-800V
Max Input Current per string 41.5A
Nos. of Independent MPP inputs/strings 1/6
per MPP inputs
OUTPUT (AC)
Rated Output Power 20000W
Max. Apparent AC Power 20000VA
Power Threshold 20W
Nominal AC Voltage/range 3/N/PE;230/460V
AC Power Frequency/ range 50Hz
Max. output current 3x29A
Power factor at rated power 1
Feed-In phases/connection phases 3/3
Efficiency
Max. Efficiency 98.7%
Protection Details
DC Disconnect Available
DC Surge Arrester Available
Protection Class I (as per IEC 62103)
Total harmonic distortion <1.8%
Operating Temperature range -25◦-60◦C
Noise Emission <35dB
Self Consumption <25W
Cooling option Forced Air-cooled
Protection type IP65 (as per En 60529)
Remote Monitoring System With RS-485/Ethernet
User Interference & Communication
Electrically Isolated relay output Available
Status Display Available
Inverter to inverter communication Available
Anti-islanding protection Available
Inverter connection details
Total nos. of inverter 53
Nos. of strings per inverter 4
Connection of strings/inverter Parallel
Inter-inverter connection Parallel into Cu busbar
Inter-Inverter isolator Provided

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Transformer Sizing
Design Criteria IS-2026 / IEC-60076
Transformer type Power transformer, core type with oil-immersed ;
650C winding temp rise
Cooling type ONAN(Oil Natural Air Natural)
Rated KVA 1250KVA
High Voltage rating 11000V
Low Voltage Rating 460V
Nominal impedance 4.7%
Impedance tolerance 7.5%
Nominal secondary amps 1250A
Max SC withstand current 20KA/3s
HV connection DELTA
LV connection Wye
Operating frequency 50Hz
Tap changer ±5% of full load capacity

Protective devices
components Specification Quantity
DC Disconnects String to inverter= 1000V, 15A; 2 pole 206
(As per IEC-60947)
Switch gear Rated voltage=12KV; 1
Rated main busbar current(Max)=1250A;
SC withstand capacity = 25KA/3s
Dynamic capacity= 50KA
IP55
Circuit breakers (MCCB) Inverter to Busbar= 60A 3p; 53
(NOT required if Inverter has inbuilt busbar/Panel box to transformer= A 3p; 1
protection)

Main Isolator (HT side)


Design criteria IS-9921/IEC-129
Operating frequency 50hz ±3% Rated peak withstand 63.5KA
current (KA peak/rms)
Nominal system voltage 11KV 1.2/50 micro sec lighting To earth and
isolating poles
Across the isolating
distances
withstand Volts (KV peak)
170 195
Max system voltage 12KV Rated 1 minute power To earth and
isolating poles
Across the isolating
distances
frequency withstand 75 85
voltage(KV r.m.s)
Max continuous current 2500A No. of poles 3
Rated SC current for 3s 40KA Min creepage distance 320mm

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Cable Sizing
DC Side Cables (strings to inverter)
Design criteria IEC-60811 & IEC-60216
Cable material Copper
Single cable length per string to inverter 70 ft
Cross section per string 4 mm2
Voltage drop 0.18V
Relative power loss reference to Max DC power 0.07%
Max withstand temp. Normal condition Short-circuited
condition
900C 2500C
Max withstand current capacity 42KA/1sec
Conductor type Stranded
Insulation material XLPE
LT Cables (Inverters to busbur/distribution panel)
Design criteria IEC-60228 & IEC-60811
Cable material Copper
Max Single cable length per inverter to panel box 60 ft
Cross section 16 mm2
Voltage drop (3phase) 0.46V
Relative power loss reference to Max AC nominal 0.23%
power
Max withstand temp Normal condition Short-circuited
condition
900C 2500C
Max withstand current capacity 2KA/1sec
Conductor type Stranded
Insulation PVC
HT Cables (from distribution panel to feed-in point)
Design criteria IEC-60502
Cable material Al
Cable length from distribution panel to feed- 25 ft
in point
Cross section 185mm2
Voltage drop (total) L1 1.37V
L2 1.37V
L3 1.37V
Relative power loss reference to Max AC 0.57%
power
Voltage grade 11KV(UE), heavy duty
SC withstand current capacity 26KA @1s
Insulation XLPE

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Line Losses
DC Side AC Side Total
Total cable length 8120 ft 3070 ft 11180 ft
Cable cross section 4 mm2 16 mm2 +185 mm2 4 mm2 +16 mm2 +185
mm2
Power loss @ nominal 35 KW 5 KW 40KW
operation
Relative power loss @ 0.07% 0.76% 0.83%
nominal operation

Busbar constructional Analysis


Busbar material Main busbar Auxilury busbar

Al alloy E91 E Copper


grade
Busbar insulation Fully insulated
Busbar length Main Aux
3.5mt 0.75mt x 52
Earthing bus materials 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 Earth Pit
electrode
Earth Electrode sizing
Physical Parameters Heavy duty GI pipes, 32mm dia, 3mt long
Material Galvanized Steel(GS), flat type
Min depth of earth pit 600mm
Components grounding Min 75x10mm GS strip
Lightning Protection
Design criteria As per IEC-62305
Placing On the highest panel of array
Dimension 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 details Remarks
Roof load 1750 kg/ m2 As per IS-456
Ground floor load Control room 18000kg/m2 As per IS-456
Office 5000kg/ m2 IS-456
Piping load 50 kg/ m2 As per IS-456
Electrical + HVAC 26 kg/ m2 As per IS-456
Seismic load As per IS-456
Roof drainage
Roof drain heads 6
Construction details
Interwall
Cement : Sand 1:6
Interwall thickness 230mm
Parapet walls
Cement : Sand 1:4
thickness 115mm
Steel work Reinforced bars will be provided
as per IS 800:2007

PV Array mounting & constructional details


PV tilted angle (optimized) 130 (@1070 W/m2/day)
Mounting type Ground mounted
Overall dimension As per design
Foundation Plain cement concrete (PCC)
Foundation grade 1:5:10
Wind load 9.72 Km/hr
Fixing type SS 304 fasteners

Total Land required 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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Performance Ratio (PR) Normalized Production & Loss factor

Daily System Output Energy 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

•Preparation of design & estimation of the plant


•15 working days required.
Design

•As per design requirement, proper land selection & acquisition processed.
Land •Time required 1 month
acquisition

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

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

•Arrangement of finance/fund for the project from nationalized or private financing agency with significant interest rate
and equity share will be finalized.
finance •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
Plant manager
manager

maintenance
Maintenance Supply chain Accounts
Engineer
engineer(E&IE) executive executive
(Mech)

control room
Technician1 Technician2 Skilled labour1 skilled labour2
technician

skilled labour1 skilled labour2

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Financial Analysis & feasibility


Initial Investment in terms of components’ cost & service charges

Sl. Components/services Total cost Remarks


No. (in INR)
1. Solar PV modules 45,100,000 41rs/Watt peak
2. Solar inverters 11,660,000 11rs/Watt peak
3. Transformer 2,940,000 From international vendor
4. Protective devices 1,200,000 From international vendor
5. Wires/Cables 1,000,000 Considering IEC codes & ISO
certified
6. SCADA/RMS 1,000,000
7. Project execution & commissioning 2,000,000
8. Construction works 4,000,000
9. Grid evacuation 1,000,000 (assumed) Assumed because of having
no sufficient data
10. Other official works 1,000,000 Subject to change as per
rules
Total Project investment 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 7 years 10 years


Total Loan amount 49,630,000 49,630,000
Interest rate 12% 12%
EMI 876,110 712,050
Monthly interest 285,270 298,460
total Interest paid 23,962,830 35,815,600

*all the amounts are considered in INR currency.

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


finance/fund
Sl. Installments EMI Monthly principle Monthly Interest
No.
1) 0 0 0 0
2) 1 876,105 379,805 496,300
3) 2 876,105 383,603 492,502
4) 3 876,105 387,439 488,666
5) 4 876,105 391,314 484,792
6) 5 876,105 395,227 480,878
7) 6 876,105 399,179 476,926
8) 7 876,105 403,171 472,934
9) 8 876,105 407,203 468,903
10) 9 876,105 411,275 464,831
11) 10 876,105 415,387 460,718
12) 11 876,105 419,541 456,564
13) 12 876,105 423,737 452,369
14) 13 876,105 427,974 448,131
15) 14 876,105 432,254 443,851
16) 15 876,105 436,576 439,529
17) 16 876,105 440,942 435,163
18) 17 876,105 445,351 430,754
19) 18 876,105 449,805 426,300
20) 19 876,105 454,303 421,802
21) 20 876,105 458,846 417,259
22) 21 876,105 463,434 412,671
23) 22 876,105 468,069 408,036
24) 23 876,105 472,749 403,356
25) 24 876,105 477,477 398,628
26) 25 876,105 482,252 393,853
27) 26 876,105 487,074 389,031
28) 27 876,105 491,945 384,160
29) 28 876,105 496,864 379,241
30) 29 876,105 501,833 374,272
31) 30 876,105 506,851 369,254
32) 31 876,105 511,920 364,185
33) 32 876,105 517,039 359,066
34) 33 876,105 522,210 353,896
35) 34 876,105 527,432 348,674
36) 35 876,105 532,706 343,399
37) 36 876,105 538,033 338,072
38) 37 876,105 543,413 332,692
39) 38 876,105 548,847 327,258
40) 39 876,105 554,336 321,769

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41) 40 876,105 559,879 316,226
42) 41 876,105 565,478 310,627
43) 42 876,105 571,133 304,972
44) 43 876,105 576,844 299,261
45) 44 876,105 582,613 293,492
46) 45 876,105 588,439 287,666
47) 46 876,105 594,323 281,782
48) 47 876,105 600,266 275,839
49) 48 876,105 606,269 269,836
50) 49 876,105 612,332 263,773
51) 50 876,105 618,455 257,650
52) 51 876,105 624,640 251,466
53) 52 876,105 630,886 245,219
54) 53 876,105 637,195 238,910
55) 54 876,105 643,567 232,538
56) 55 876,105 650,002 226,103
57) 56 876,105 656,502 219,603
58) 57 876,105 663,068 213,038
59) 58 876,105 669,698 206,407
60) 59 876,105 676,395 199,710
61) 60 876,105 683,159 192,946
62) 61 876,105 689,991 186,114
63) 62 876,105 696,891 179,214
64) 63 876,105 703,860 172,246
65) 64 876,105 710,898 165,207
66) 65 876,105 718,007 158,098
67) 66 876,105 725,187 150,918
68) 67 876,105 732,439 143,666
69) 68 876,105 739,763 136,342
70) 69 876,105 747,161 128,944
71) 70 876,105 754,633 121,472
72) 71 876,105 762,179 113,926
73) 72 876,105 769,801 106,304
74) 73 876,105 777,499 98,606
75) 74 876,105 785,274 90,831
76) 75 876,105 793,127 82,979
77) 76 876,105 801,058 75,047
78) 77 876,105 809,068 67,037
79) 78 876,105 817,159 58,946
80) 79 876,105 825,331 50,774
81) 80 876,105 833,584 42,521
82) 81 876,105 841,920 34,185
83) 82 876,105 850,339 25,766
84) 83 876,105 858,842 17,263
85) 84 876,105 867,431 8,674

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1000000

900000

800000

700000

600000
Installment

500000 EMI
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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NET CASH FLOW & PAY BACK PERIOD


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

years Present value of rs.1 @10%


1 0.909 19,779,094.62
2 0.826 17,973,082.68
3 0.751 16,341,144.18
4 0.683 14,861,519.94
5 0.621 13,512,450.78
6 0.564 12,272,177.52
7 0.513 11,162,459.34
8 0.467 92,145,357.80
9 0.424 83,660,898.56
10 0.386 76,162,987.84

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

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Most suitable vendors/suppliers of the project components


Solar PV modules 1. Vikram Solar
2. Waaree Energies
3. Sova Power
4. Canadian Solar
5. Trina Solar
6. First Solar
Inverter 1. Power One
2. SMA
3. Smart Power
4. REFusol
5. Delta
6. Schneider Electric
Transformer 1. ABB
2. Schneider Electric
3. Ascott transformer
4. Voltech
Switch gear 1. Schneider Electric
2. Megawin
DC Disconnect 1. Schneider Electric
Circuit breaker 1. Megawin
2. ABB

SCADA/RMS 1. Draker
Cables 1. Havells
2. Finolex cables
3. RR Kabels
4. Anchors
Isolator 1. ABB
2. Schneider Electric
3. Megawin

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Conclusion
I’d 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 I’m representing
these companies and their products.

About Myself: I’m a Solar PV professional currently working with a solar EPC company as
Project Engineer. I’ve 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

www.renewpowerzone.in Page 28

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