D’ MART – MH – 40 MW SOLAR THRU OPEN ACCESS 3rd PARTY MODEL

Status Cum projection report – Proposed techno commercial for 40 MW on Ground Mount, on
Grid Solar Power Project in the state of MAH under the option of Open access / Third Party sale
of generation- as per GOM Dept regulation and MSEDCL /MEDA terms & conditions

Sr. Sta
Particulars Description / Specification Remarks
No. tus
1 Site Address Available
Site name Bacheri
Taluka Malshiras
Dist Solapur
State Maharashtra
2 Nearest Significance Available
From Pune 170 Kms – connected through NH and
Road connectivity
SH roads
Railway connectivity From Baramati 80 Kms
Nearest Airport Pune
Basic Generation
3 100% Done
Calculations
Proposed and Available
40 MW DC
Capacity in MW
Avg. 16,50,000 per annum / PER MW DC
Avg. Generated Units Avg. 6,60,00,000 per annum / 40 MW DC
Day time calculation – NET 1.65 M / PER MW
66 M / 40 MW
Sun radiation – avg. 800 – 850 watt / m2
Sunny / Shiny / Shadow Avg. Hrs per day – 5.5 hrs. For sunny
effect Shadow – NIL
Obstacles – NIL
4 Land 100 % done
Type Private – class I farmers land
Common approach through available through TAR
Geographical approach
existing ZP road
Ref. Location coordinates 17°36'17.93"N , 74°57'5.41"E
Barren , non cultivated , draught conditional
throughout year
Naturally north - south facing sloped for water
sanitation formed
Murum basis – non finding of any major minerals
Geographical assessment as per Govt. regulations
Non bio diversity and eco sensitive
 No any forest / tribal encroachment or approaches
No any forest / bird/ wild sanctuary nearby of 100
Kms distantly
Very poor – below depth of almost 150 feet water
availability for bore well
Water availability
Natural water storage nearby available for
sanitation as well further usage
NIL – very less
Only one village Etaki is on the way which is very
Local Support and ROW
small scaled and covered for CSR activity against
investment

Sr.
Particulars Description / Specification Status Remarks
No.
Land Availability in Qty
5 100%
and quality
180 acres in singular platform with
approaches as per connectivity to each other

Private land acquired in Flat plus natural sloped as per exiting

the name of the JV name
Vidyut Urja Pune in 30-40% to be developer as per further
association with Neptune design of solar power plant
Green power
Single fenced structured
Full and Final payment of farmers are done
in records of SRO registration of sale deed
Clear title , marketable acquired in the name
Legal opinion
of Pvt. Ltd. company name
7/12 extracts and ME in the name of JV
Ownership
Vidyut Urja / Neptune Green Power
Stamp duty and reg. Fees One time deposited at SRO office
Deemed NA to be placed
Demarcation – available as per selection of
land portion
200 acres advance notary and further POA /
Further future expansion
ATS done in between farmers and Vidyut
possibility or optional land
Urja authority which is nearby adjacent
availability
from the proposed land
6 Grid Approval 99%
Received for 40 MW – under solar park &
MEDA recommendation
open access option of sale of power
MSETCL technical
Received – Done from MSETCL field / circle
feasibility and load flow
and ZONE / STU level head office
study
 Final grants for deposition of statutory
Grants payment of 40 Lacs against start of works as
per approved evacuation arrangement
Approved evacuation
@ existing 132/33kv MSETCL Dighanchi SS
arrangement
Generation level 33kV
To construct 33kV DOCH , 0.2 ACSR external
Works granted line from solar park to existing SS @ distantly
with ROW of pole / stay of Min 10 Kms
Required
To construct 2 nos. of 33kV feeder / bay with space for
metering arrangement of ABT and 0.2 S bay –
class checks and main meters MSETCL has
provided

Sr.
Particulars Description / Specification Status Remarks
No.
Proposed EPC and ETC
7 works in bullet point
manner
7.1 Supply
Solar panels
Inverters
MMS
Cables
Electricals
ACDB / DCDB / JB etc.
SCADA / RMU
Control Room
Fencing
WMS / LA /Fire ext.
Safety / Security
7.2 Services
Erection , Installation ,
Testing and commissioning
Civil
Mechanical
Electricals
OEM
Land infra / development
Issuance of credit notes
Standard BOS services
7.3 Permits
Grid Approval Done
MEDA generator Against off taker finalization and completion
UP
registration of EPC and ETC of proposed capacity
MSEDLC Commissioning “
 certificate
CEIG / PTC / PTCC “
SLDC agreement “
OA permission “
PPA tie up with MSEDCL “
Issuance of credit notes “
Project transfers against
Open access third part
7.4 UP
sale basis w.r.t. Off taker
/ Generator & MSEDCL

Sr.
Particulars Description / Specification Status Remarks
No.
8 Finance availability 50%
Private / Own equity
Funding status / tie up
Bank
NBFC
Financial closures
Estimate payback period
Project IRR
Already
Expectation of off taker /
9 defined
power purchaser end
- 100%
Net tariff of revenue
Min. 4.50 per unit
generation
PPA tenure 20 years
Locking terms 15 years
OA charges & Losses as
At actual – on account of scope of off taker
per DISCOMM / GOM
end
terms
Banking - As per regulation of MERC and DISCOMM
Payment terms Monthly against credit notes and JMR
Payment issuance - RTGS / Monthly basis
One year generation revenue equivalent
Security revolving BG from nationalized bank against
mutually agreed standard BG draft
Delayed payment /
As per mutual agreed standards of proposal
penalty
Notice periods Min. 90 days
Rating AA+
Projected costing of Investment for 40 MW DC Solar Power plant -

Sr. Total Amount in

Particulars Qty. Remarks
No. Rs. in Crores
1 Land , Road and Grid permit 40 MW 16.00
40 MW – 10 Kms
External Line and Bay EPC and
2 line and 2 nos. of 7.00
ETC costs
bay with meters
3 EPC & ETC 40 MW DC 128.00
4 PPA and Other Permits 40 MW 7.00
* Total estimated costs 40 MW DC 158.00 For 40 MW
3.95 PER MW

Projected time line schedule –

In parallel actions to be commence from zero date milestone –

Sr.
Particulars 1st Milestone Time line Remarks
No.
MOU / PPA tie up in between
1 Zero date 5-7 days
off taker and Investor
Financial closures and
2 30 days
submission
Land and Grid transfers in the
3 Zero date 30 days
name of investor name
External evacuation
4 arrangement works 90 days
completion
5 EPC Zero date 120 days
Final PPA with MSEDCL and
6 Zero date 150 days
Commencement of billing

Presented by –

M/s. RAYA Renewable Energy Solutions Pvt. Ltd.