Rajasthan Solar PV Power Projects

- Project Conceptualization Services under

Rajasthan Solar Policy 2011

(Private and Confidential)

21 Feb 2011

Proposed By:-

PAN EXERGY PRIVATE LIMITED

Address: D-32, Sector 7, Noida, India. ZIP: 201301

Tel: +91-120-4243211 Fax: +91-11-2271 9366
Web: www.exergy.in Email: info@exergy.in
Aim of this Document
Rajasthan Solar Policy 2011 is going to be declared by RREC shortly. Perceiving a strong rush for
Project Registration at RREC, Exergy feels confident in guiding its future clients towards successful
project conceptualizationin the abode of Sun – Rajasthan.

Exergy has had an experience of handling more than 300 MW of project consultancies in Rajasthan
itself for some of the major clients like TATA Power, Gammon India, Reliance Power, NDPL,
Arvind Constructions to name a few. For a detailed profile of Exergy, please email us at:
info@exergy.in or view our website: www.exergy.in.

This document has been prepared by Pan Exergy Pvt Ltd (hereinafter together referred to as
“Exergy”) to provide a comprehensive proposal for MW-sized based Solar PV Power Project
Conceptualization Services in Rajasthan which includes:

1. Regulatory Services:

a. Solar Site Identification and Selection Services;

b. Project Registration Services

2. Technical Services

3. Financial Services

The above proposal has been proposed for M/s IndoKorean Pvt Ltd (hereinafter together
referred to as “the Client”).
Scope of Activities

The whole scope of work for conceptualizing a 50MWp Solar PV Project in Rajasthan is divided
into following major activities:

Scope of Work Deliverables

1. Solar Site Selection & Identification
a. Demonstrating 3 viable Govt. or
a. Solar Land Bank Assessment private land of around 300 acres.

b. Solar Resource Assessment Studies b. Site Evaluation & Technical

Feasibility Services.
c. Energy Yield Studies
c. Jamabandi Maps for the chosen
d. Comparative Analysis of chosen sites
location.

d. Clearances on the land selected.

e. Identifying suitable land brokers,

patwaris for land acquisition pocess.

2. Project Registration Services

a. Assistance for filing application with a. Project Registration at RREC.

Govt. authorities.
b. Necessary follow ups with each govt.
b. Preparation of Preliminary DPR for offices involved.
Govt. clearances.
c. Power Evacuation Clearance.
c. Power Evacuation Scheme & Grid
Interfacing Clearances. d. DPR Approval

d. Project Recommendation & e. Project Recommendation Certificate

Clearance. from RREC.

3. Technology Services
a. Preparation of final Bankable
Detailed Project Report. a. Bankable 50MW DPR.

b. Technology selection advisory which b. Technology Selection Strategy

will include comparisons between Report.
various prevalent global & upcoming c. BOQ Finalization, Shortlisting
 technologies. The technology view technology vendors, contracts for
shall be substantiated with civil, electrical & mechanical works.
concomitant MNRE regulations.
d. Designing training modules for
c. Detailed Engineering Consultancy as inhouse engineers for O&M, plant
Owner’s Engineer. handling etc.

d. Training of Personnel in Solar Plant

Operations, Maintenance, Principles.

4. Financial Services

a. Project Financial Analysis including

Cash Flows, IRRs, P&L, DSCR etc.
b. Sensitivity Analysis based on variable
technology cost, solar radiation, debt
syndication etc.
c. Reverse bidding, providing required
market intelligence for effectively
bidding in the process at RREC.
d. Assisting the client in debt
syndication based on the status of
equity and other hygiene factors.
a. Financial Analysis Reports.
b. Debt Syndication Efforts.
c. Sensitivity Analysis Charts.
d. Strong analysis for the rationale of
REC based Solar PV project. Some
of our REC (Renewable Energy
Certificate) clients are TATA Power,
Abhijeet Industries etc.

e. Renewable Energy Certificate, REC

based project assessment
(recommended)

PS: The actual land acquisition will be undertaken by the client itself and Exergy shall
facilitate the process. Any incidental or liaisoning expenses shall be payable separately by
the client.

Exergy shall support the client during the acquisition process of the site. It will be part of initial
deliberations with the brokers and the govt. officials responsible. In case of the failure of
negotiations Exergy shall suggest another site in lieu of the previous one or another land broker as
the case may be. For this purpose Exergy shall conduct a maximum of 3 site visits with the client.
Consideration/ Project Cost & Timeline

Zero date
o Placement of a clear and confirmed order/Mandate in favor of Pan Exergy Pvt. Ltd.
alongwith the payment of the agreed advance amount.

Time Line

 Exergy shall propose three sites within 2 weeks from the Zero date.

 Exergy shall submit land selection-cum-feasibility report within 3 weeks from Zero date.

 The necessary project documents shall be submitted at Rajasthan Renewable Energy

Corp within 3~4 week time from Zero Date.

 Tentative time schedule for RREC Recommendation shall be within 2-3 months
provided all necessary data sought is provided in time.

Consideration

PS: This is a preliminary technical proposal and any budgetary cost shall be indicated in future
proposals.

Contact Us

Contact Person: Rajat Sethi

Head, Solar Infrastructure Services, Pan Exergy Pvt Ltd
Website: www.exergy.in
Email: Rajat@Exergy.in
Address: D-32, Sector 7, Noida – 201301
Phone: +91-120-4243211; +91-9999676750; +91-9654436886.