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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 period23
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 abc
Person
company ABCXYZ
Purpose Power generation &
distribution to State utility
grid

Site & Meteo Details Project

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

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Solar
7 Irradiation
6

5 Solar
Irradiation
KWh/m2/da

3
y

3
Air & earth temperature-
1 monthly
3
0

2
9
Air temperature
2
8 earth
temperature
2
2
6
7

2
5

2
4

2
3

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Optimum Tilt Angles For Solar PV Array Adjusted by Months
n

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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PlantSolar PV System Design n

System Overview
SPV Array Peak Power 1082KWp
No. of SPV strings 206
Connection of PV modules in each Series
string
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 4326
Power=250Wp 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 53
3p; 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

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Cables
Plant
DC Side= 10 mm2
n

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
Watt Peak 250Wp Details:
Maximum System 1000V
VOC 37.20V Voltage (IEC)
VMPP 30.10V Maximum Fuse 15A
Rating
ISC 8.87A 15A
Limiting
IMPP 8.30A Reverse (-10 to 60)0C
Current
Module 15%
Operating
Efficiency/module area Temp Range
5500PA
Power Tolerance ±2% Max Static Load-
front(Snow+Wind) 2500PA
Technology Si-Poly
Max Static Load-
No. of cells 60 cells in series Rear(wind)
Model design
parameters
Required Temperature Co-efficient R 250
shunt ohm
Characteristics R shunt 2100
@ (G=0) ohm
STC R series 0.29
NOCT (oC) 45 ± 2 oC model ohm
R series 0.37
Module Efficiency (%/oC) -0.07 ± 0.01 max ohm
Temp. Co-Eff. Of Pmax -0.43 ± 0.05 R series apparent 0.47
ohm
(%/oC)
Temp. Co-Eff. Of Voc (%/oC) -0.34 ± 0.05
PV Module
Temp Co-Eff. ofIsc (%/oC)
Behavior at different
0.065± 0.05irradiance 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.
Suggested array (280C)
Size 1100 KW p 1100KW p
Actual Solar PV Array Size 1082KW p 1100KW p
Watt Peak of each SPV 250W p 263Wp
module Total nos. of SPV 4326 4326
module required
Total nos. of strings 206 206
Nos. of SPV modules in 21 21
each string
SPV connection in each Series Series
string String voltage 609V 630V
(VMPP)
8.87A/8.3A 9.51A/8.82A
String current (ISC /
Parallel Parallel
IMPP) Connection of
780V/635V 750V/620V
strings Array voltage
1830A/1710A 1960A/1816A
(VOC / VMPP)
Array current (ISC / IMPP)

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Detail Solar Inverter Specification & Design Details
n

Inverter Type String Inverter (MPPT)

Quantity 53
INPUT (DC)
Max. Power 23KW
Max absolute Input 1000V
Voltage Start Voltage 350V
Nominal MPP voltage 490V-800V
range Max Input Current 41.5A
per string 1/6
Nos. of Independent MPP inputs/strings
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
n

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; 2 206
pole (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)
To earth and Across the isolating
Nominal system voltage 11KV 1.2/50 micro sec isolating poles distances
lighting withstand Volts
(KV peak) 170 195
Rated 1 minute To earth and Across the isolating
Max system voltage 12KV isolating poles distances
power frequency 75 85
withstand
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 0.07%
power
Max withstand temp. Normal condition Short-
circuited
condition
900 2500C
C
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 60 ft
box
Cross section 16 mm2
Voltage drop (3phase) 0.46V
Relative power loss reference to Max AC 0.23%
nominal
power
Max withstand temp Normal condition Short-
circuited
condition
900 2500C
C
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 25 ft
feed- in point
Cross section 185mm2
Voltage drop (total) L1 1.37
V
L2 1.37
V
L3 1.37
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Relative power loss reference to 0.57%

Max AC 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 @ 35 KW 5 KW 40KW
nominal
operation
Relative power loss 0.07% 0.76% 0.83%
@
nominal operation

Busbar constructional Analysis

Busbar material Main busbar Auxilury busbar

Al alloy E91 Copper

E 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 Pit
earth
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
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Dimension
Plant 40mm dia with 3m height (vertical air
n

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 Control 18000kg/m As per IS-
room 2 456
load
Office 5000kg/ m2 IS-456
Piping load 50 kg/ As per IS-
m2 456
Electrical + 26 kg/ As per IS-
HVAC m2 456
Seismic load As per IS-
456
Roof drainage
Roof drain heads 6
Construction details
Interwall
Cement : Sand 1:6
Interwall 230mm
thickness
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 130 (@1070 W/m2/day)
(optimized)
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 Reference Incident energy in collector

basis plane

Normalized production per installed

KWp

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Performance Ratio Normalized Production & Loss

(PR) factor

Daily System Output SPV Array Power

Energy Distribution

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Power Plant

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Plant
Overall Power plant performance
n

Summery
Total no. of PV modules 4326 (250Wp)
Total nos. of Inverters 53 (20KW)
Max DC input per Inverter 21KW
Nominal PV power 1082 KW p
Max. PV power output 1027 KWdc
Nominal AC power 1060KWac
Max operating power @ STC 962KWac
Max operating power @Ambient 1027KWac
Temp.
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.
Desig
n

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

Land • Time required 1 month
acquisiti
on

• 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.
financ • Required time for this stage is 1 month.
e

• 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.
procureme • Estimated time for this step is 1 month.
nt

• 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.
constructi n • Estimated time for this whole work is 2 months.
o

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

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Plant n
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.

operatio
Plant n
manager manage
r

maintenanc
Maintenance e Supply Account
engineer(E&I chain s
Engineer
E) (Mech) executive executiv
e

control
Technician Technician room Skilled skilled
1 2 technician labour1 labour2

skilled skilled
labour1 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 & 2,000,000
commissioning
8. Construction works 4,000,000
9. Grid evacuation 1,000,000 Assumed because of
(assumed) 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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40 876,105 559,879 316,226
n

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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100000
Power Plant
0

90000
0

80000
0

70000 Installment
0
EMI
60000 Monthly
0
Principle
50000
30000 Monthly Interest
0 0

40000
20000
0 0

10000
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
0

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 10,513,320
term 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
n

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

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