Investment opportunities in Solar Power Projects

Solar Power Policies in India

National Action Plan on Climate Change - NAPCC GOI released NAPCC in 2008 to outline its strategy to meet the challenge of Climate Change

Eight Missions under NAPCC1) National Solar Mission, 2) National Mission on Enhanced Energy Efficiency, 3) National Mission on Sustainable Habitat, 4) National Water Mission, 5) National Mission for Sustaining the Himalayan Eco-system, 6) National Mission for a Green India, 7) National Mission for Sustainable Agriculture and 8) National Mission on Strategic Knowledge for Climate Change.

Jawaharlal Nehru National Solar Mission - JNNSM

To establish India as a global leader in solar energy, by creating the policy conditions for its diffusion across the country

Mission anticipates achieving grid parity by 2022 and parity with coal based thermal power by 2030

Aim of the mission is to focus on setting up an enabling environment for solar technology both at centralized and decentralized level.

Application Segment Phase - I Phase-II Phase- III

2010-13 2013-17 2017-22

Utility grid power 1,000-2,000 MW

4000-10,000MW 20,000 MW

Off- grid Applications 200 MW 1,000 MW 2,000 MW

Solar Thermal Collectors Area 7 million Sqm 15 million Sqm 20 million Sqm

Solar Lighting Systems -- -- 20 million

Solar RPO 0.25% -- 3%

3-phase approach from 2010 to 2022

Policy & Regulatory framework

Renewable Purchase Obligation (RPO) Obligate entities like Distribution Licensee and CPP/OA Users

Solar specific RE Certificates Issued to RE Generators

Incentive through NVVN for Large projects By way of Preferential tariff PPA for 25 years

Capital Subsidy / CFA to Roof top systems / projects Provided through MNRE upto 100KW roof top systems

PPA RouteFor Investors

REC RouteFor Captive Investor

State Govt. Policy

Central GovtPolicy

Rs. 8.70 for 25 years #

Rs. 8.10 for 25 years #

Through Reverse Bidding

Central Registry

Rs. 11.00 per Kwh / Unit #Under REC Mechanism

Rs. 2.70 /4.78 per kwh / Unit

# set off in Electricity Bill

Total Benefit

Rs. 13.70 / 15.78 per Kwh / Unit

Investment in SPP In MW Scale

# - Assumed and approximate, may vary in case to case

Investment In Solar Rooftop Systems

For Individual / DomesticOther than Individual

Like Industries, Educational Institutes, Trusts, Societies, Commercials etc.

Capital subsidy @30% on cost on Roof top systems – Upto 1KWWater Pumping Systems – upto 5 KW

Capital subsidy @30% on cost on Roof top systems – Upto 500 KWWater Pumping Systems – upto 5 KW

Funding Can be in 30 : 70 Equity : Debt Ratio

30 % Equity – Benefit of 31% in Income Tax in the form of Accelerated Depreciation

Balance Investment Pay Back in 4-7 years

Benefits to Investors of Solar Plants

Financial Handsome IRR of 25-30% Income Tax Benefits

Accelerated Depreciation of 80% Tax Free income U/s 80IA of IT Act for a period of 10 consecutive yrs out of 15 yrs

Project Pay Back 4 to 6 years Equity Pay Back 1 to 2 years

Non-Financial Complying Social Responsibility by helping in reducing carbon foot print Green Energy user status Positive attitude in ISO standards

What we do?

We Lobel provide Turnkey Solution from concept to commissioning for solar power plants of any size.

Services includes :- Cost impact analysis and feasibility study- Technical / Commercial consulting.- Technical documentation for financial closure- Site selection and Land Acquisition- Project Design and Detailed engineering.- Regulatory and government approvals- Supply of materials, components and BOS- Erection and commissioning- Project Management- Operation and maintenance- Subsequent Consulting for revenue maximization

Solar Module (5W ~ 290 W) Solar Power Plant (Turnkey Services)

Our Products and Services

Solar Water PumpSolar Home light and power pack Solar Street Light

Lobel PV Roof-Top Installations

Thank YouGo Green, Live Green and Get

Green

Lobel Solar Power System“Lobel House” 65 Mihir Park, O P Road,

Vadodara, Gujarat, India - 9327007854/52

E-mail : info@lobelpower.com