EVI Solar Profile - June 2012

7/31/2019 EVI Solar Profile - June 2012

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2012 Emergent Ventures. All rights reserved. Confidentiality: The concepts and methodologies contained here in are proprietary to Emergent Ventures.

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Emergent VenturesSolar Profile

June, 2012


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11 June 2012 www.emergent-ventures.com 2

About Us

EVI started its climate business in 2004 and since then EVI is providing consulting and

implementation services to clients in carbon, sustainability and renewable energy domain.

Consulting

&

Implementation

EVI has registered 50 + CDM projects to date with 170 + in the pipeline;

Fastest time to registration;

Experience spanning a range of technologies and processes

Carbon

Sustainability

As sustainability experts, EVI works with international govt. agencies to

frame relevant and actionable policies

EVI also assists corporate to create sustainability strategy

Renewable

EVI is providing services to more than 500 MW of RE projects including

solar, wind and biomass energy

IDFC Private Equity is an investor in EVI. IDFC PE is Indias largest private equity firm focused on infrastructure managing a corpus of over $1.3B

120+ employees with a presence in India, Sri Lanka, Singapore, Thailand, Indonesia, Malaysia , Spain, U.K and United States

Our marquee clientele includes fortune 500 companies, Government bodies, UN bodies, and renowned NGOs


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2012-

15

2008-09

2010-11

2004

2005-07

EVI has been on a steady growth path since inception


2004

Aim to facilitate 500 MW RE capacity installation

Launch of RE services in SEA

Helping corporate create robust sustainability strategy Participation in regional carbon markets

Launch of several carbon programs in developing countries

Investment by IDFC PE;

Subsidiary in Singapore, Thailand, Malaysia & US formed

Launched the clean energy generation business

Introduced sustainability services for govt. agencies and corporate

Team size grown to 120+

More than 300 clients across the globe

Handling consulting portfolio of more than 500 MW wind, 150 MW solar

Biomass gasifier project in Srilanka operational

More than 5 million/a trading of VERs/CERs

Started climate business in 2004; run by a strong team of seasoned professionals

1st CDM project registered; Multiple projects in pipeline

Team size doubled

Achieved 9mn in VER transactions

CDM registration of worlds largest Hydro project (192 MW) and Indias first wind & MSW project

And aims to be Be the recognized world-wide leader of integrated climate change mitigation solutions.


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EVI controls key levers of economic value of clean energy assets

for clients


ImprovedEconomicValue of

Energy Assetsfor Clients

FeasibilityAnalysis

ResourceAssessment

Power sales

SiteAcquisition

TechnologyAssessment

Procurement

Implementation Services

Financing

CarbonValue

Highly experienced

team for resource

assessment. High

potential sites

selected with high

degree of confidence

on resource

Structured to provide superior returns

Better tariff with potential upside

accessible Availability of RECs

Full access to CERs

Robust land acquisition

process with stakeholder

consultation

EVI validates and selects

technology to yield better

generation, higher

efficiency

Preliminary

resource

assessment,

policy analysis,

preliminary

financial analysis

RFP Process

Vendor Selection

Contracting

Tracking & Follow up

Owners Engineer, EPC/EPC M

Relationships,

improved

structures

Better case for

carbon

registration,

better value

for carbon

stream.


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EVI Renewable Energy Expertise


Technical ExpertiseCumulative Years of

experience

Wind 128

Solar PV 45

Thermal-Biomass &Gasification

41

Clean Energy 15

Electrical / Electronics /

Instrument81

Mechanical 103

Civil 46


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Our Services


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Consulting Services

Carbon Advisory

Sustainability Advisory

Solar & Wind Energy

Advisory

Implementation

Services

Solar Photovoltaic Project

Wind Power Project


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Consulting Services


Our consulting services focus on most critical issues and opportunities in carbon, sustainability and

renewable. We have strong functional expertise and are known to deliver high value solutions to our

clients. We are a proven partner to deal with complexities in these emerging areas.

Consulting

Services

Carbon

Advisory

Sustainability

Advisory CDM / VCM Registration

and Issuance

Trading of Carbon Credits

Carbon Asset Management

and financing

Renewable Energy

Certificates

Sustainability Disclosure

and Management

Carbon Foot Printing

Sustainability/GHG

management plans

Policy Research & Advisory

Sustainability Risk Advisory

Ozone Depletion

Substances management

National Mitigation and

Adaptation actions

RE Advisory

Strategic Advice on RE investments and orprocurement

Techno-commercial assessments, due diligence

Resource Assessment

Performance Diagnostic and Improvement

Advisory on regulation, permitting etc

Financial Arrangements (equity, debt); sale of

assets

Trading of RE power; buying anf seeling,

contracting


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Implementation Services


Our Implementation services focus on creating high ROE renewable energy options for our clients. Using our

end-end services model we create solutions that deliver superior value for renewable investments. We

provide wind project advisory though our subsidiary WindForce Management Services Pvt. Ltd.

Implementation

Services

Wind Power

Project

Solar Power

Project

Owners Engineer (Project

Execution)

Integrated Development

Services

Site prospecting and

acqisition

Feasibility assessmenst

Contracting

Government permitting

Financing

Project execution

PPA

Managing benefits (CERs,

RECs)

Owners Engineer during

O&M

Laenders Engineer

Owners Engineer

Design,

Feasibility

Procurement

engineering,

Vendor Contracting Project

Management

Integrated Development

Sevices (just like in wind)

for REC based solar projects

PPA based Roof Top Solar

for industries

Off Grid solar EPC services.

Lenders Engineer


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Vinod Kala

Founder &

Managing Director

He holds a bachelors degree in mechanical engineering, and an MBA from the Indian Institute of Management,

Ahmedabad.

Before he founded EVI, Vinod spent two decade as a business consultant, handling cross-border mergers and

acquisitions, large-scale financial re-engineering, and the launching of new products and ventures.

Ashutosh Pandey

President

Ashutosh is a chemical engineer from HBTI, Kanpur and holds a master's degree from the Indian Institute of

Management, Calcutta.

Under his leadership, EVI has grown from its first assignment to a presence in more than 10 countries across

four continents today. He is an expert on the carbon markets and sustainability related issues.

Sanjay Dube

Vice President

Sustainability

Advisory

He holds a masters degree in Land and Water Management Engineering and has studied 'Energy Planning and

The Environment' from the University of Oslo, Norway.

Sanjay has over 22 years of experience. He has led projects with agencies such as the GEF, UNDP, US EPA,

German government, ADB and World Bank. He continues to assist the Bureau of Energy Efficiency, India on

appliance standards and building energy efficiency programs.

Jami Hossain

Founder &Chief

Mentor , WinDForce

He implemented the first ever wind farm project in India; more than 25 years of experience in Wind and other

renewable sources and he is former secretary of India Wind Energy Association; Active participant in World

Wind Energy Association (WWEA), International Renewable Energy Agency (IRENA) and he ia a Treasurer of

WWEA (World Wind Energy Association) and Chairman - World Wind Energy Technology Platform.

Siddhartha

Vice President

Solar PV

He is an Electronics Engineer and is a member of Engineers Ireland (MIEI). In his over 18 years of diverse

experience in Solar Photovoltaic (PV) Energy field, Siddhartha has handled grid connected PV projects in

Europe, industrial off-grid PV projects in Middle East and rural electrification PV projects and Solar PV Cell &

Module Manufacturing in India.

Atul SanghalVice President

Carbon Advisory

Atul is a Mechanical Engineer and also has a Masters degree in Energy and Environment from the IndianInstitute of Technology, Delhi. He is a certified energy auditor from BEE, Bureau of Energy Efficiency. With

more than 10 years of industry experience, Atul is a well known expert on methodology and PDD

development.


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Our Solar PV Services


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EVIs Solar Services & Offering


Feasibility

Analysis

Resource

Assessment

Technology

Assessment

SiteAcquisition /

Permitting

Power Sale /

PPA

FinancialServices

ProcurementServices

DetailedDesign

Implementation Support /

QA

DevelopmentServices

Feasibility

ResourceAssessment

Technologyidentification

DPR preparation

Site Acquisition /Permitting

Power Sale / PPA

Financial Services

Owners EngineerServices

Basic design

Selection of EPCcontractor

ImplementationSupport

Review all design

Review vendorselection

Constructionsupervision

Quality assurance

EPC ManagementServices

Basic and detaileddesign

Selection ofprojectcomponents

Procurement

Services Erection and

Installation

Commissioningand testing

Rooftop and SmallScale Solar Projects

Feasibility Analysis

ResourceAssessment

Technologyidentification

Engineering,

Procurement andConstruction (EPC)

Realization ofsubsidybenefits/RECs

ConsultancyServices

Feasibility

DPR preparation

Financial modeling

Commissioningand testing orplant performance third partyassessment

Assistance forparticipating invarious Govt.driven scheme


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Types of Solar PV Application


Grid connected utility scale PV plant

Grid connected rooftop solar PV plant

Grid connected rooftop solar PV plant with battery bank


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Key drivers for developing rooftop solar PV plant (non FiT)


Stable power cost

Sustainability

Accelerated

depreciation (AD)

Capital subsidy

(off-grid)

Renewable EnergyCertificates (RECs)

Solar with minimum O&M cost will deliver power stable cost and predictable manner

No fuel cost

Once developed will deliver energy for 25 years (Guaranteed)

Very well fits into the scheme of sustainability and reduction of CO2 emissions

Brand building initiative as Green Company

80% AD linked income tax benefits available to investors (Income tax rules)

Reduce Rs. 2.5 3.0 crore tax liability per MW solar investment

MNRE provides capital subsidy (CFA) for implementing off-grid solar projects

The capacity under the subsidy scheme is limited to 100 kWp/site for Non- Commercial, Industrial/Commercial

entities.

CFA is 30% limited for general areas and 90% for Special category states/North-East States

Benefit from Indias REC scheme

RECs will be purchase by Obligated Entities (DISCOMs, Open Access Consumer & Thermal Captive Power Plant)

having mandate to utilize min % of RE power including solar.

Solar REC price (as notified by Central Electricity Regulatory Commission, CERC)

Apr, 2012 Mar, 2018: Floor Rs. 9.3/unit & Cap Rs. 13.4/unit


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Typical schematic diagram of rooftop battery based Solar PV System



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EVI will handhold the client to setup the small scale rooftop solar

project from concept to commissioning (EPC)

Solar resource assessment

Feasibility study through conducting techno-commercial

assessment

Site survey and preparation of Detail Project Report (DPR)

Carry out necessary structural work for setting up the project

Procurement of solar panels, inverters and balance of system (BoS)

Installation PV system, inverters, transformers, switch gears and

other appliance for synchronization of PV project to

interconnection points.

Commissioning of the plant

O&M of the project

Perform necessary role to assist client to avail MNRE subsidy or

register and sell RECs


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Solar Projects being Serviced by EVI


ClientCode

MW

Location

Feasibility

Analysis

Resource

Assessment

SiteAcq,

Government

ii

PPA

Technology

Assessment

Financial

Services

Equipment

Procurement

tr

ti

OE/EPCM

Status

A1 5 Gujarat To be commissioned by June

2012

C1 1 Rajasthan Commissioned in March 2012

E1 26Gujarat /

Rajasthan

Assignment completed

C2 10 Gujarat Assignment completed

S1 1 Rajasthan Commissioned in March 2012

S2 15 Gujarat Assignment completed

S3 25 Gujarat Assignment completed

M1 50Portfolio

across India

Feasibility Analysis completed

for >10 companies. Contracting

in progress

R1 1 Across India In progress

- - Rajasthan

EVIs own on-ground solar

radiation measurement station

has been working for the past 6

months


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Solar Case Studies: Case Study 1


InternationalMedia House (A1)

5 MW Solar PV Project under the

Gujarat State Programme

Providing Financial, Procurement

and Owners Engineer Services to the

Client

Context:o International Media House with assets in

Mauritius and Nepal received an allotment of 5MW under Gujarat State Programme; Nobackground in Solar or Power

o Appointed EVI for Financial, Procurement andOE Services

Services Provided:

o Carried out Basic Engineering and frozetechnical specifications; prepared RFPdocumentation;

o RFP process completed successfully; Turn-keyEPC Contract signed within 1 month of award ofmandate

o Debt of INR 45.8 Cr raised through aconsortium of banks within two months

o All detailed drawings approved by EVI beforeexecution; Ensured that all codes andspecifications were followed

o Full time project in-charge deployed on site byEVI to review progress and quality


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Indian Corporate

(C1)

1 MW Solar PV Project in Rajasthan

under RPSSGP*

Providing Development, Financial,

Procurement and Owners Engineer

Services to the Client

Context:

oThe Client has a business in installation oftelecom towers, and wanted to diversify into solar;

however did not wish to start at a very large scale

oAppointed EVI for development of a small scale

solar plant under the National Solar Mission

Services Provided:

oAssisted Client in obtaining 1 MW allocation

under the RPSSGPoLease agreement for selected site signed with

Rajasthan Government

oAssisted the Client in raising Quasi-Equity for

Project execution

oRFP process completed successfully; Turn-key EPC

Contract with supplier finance signed

o Debt application complete financial close witha leading Indian Bank in progress

oProject expected to complete by January 2012


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1.4 MW Rooftop Solar PV Project

under REC mechanism in

Maharashtra

Assisting Client to set up the project

Context:

o The Client is a leading beverage company;wished to set up a pilot plant in India

o Appointed EVI as partner for conducting

detailed feasibility assessment

Services Provided:

o Assisting the Client in developing a MW scale

rooftop solar project in one of its manufacturing

plants.

o Site assessment and technology identification

o Basic engineering, detail engineering,

preparation of BoQ, preparation and floating of

RfQ

International

Beverage Company

(I1)


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Why EVI?


Integrated offerings

with strong value

proposition to investors,users , policy makers,

local as well as global

People with strongdomain expertise and a

passion for

environment, making

sustainability viable

High quality delivery

Processes which assure

consistency and quality,and bring innovation

rapidly to markets.

EVIs mission is tobring global finance and

technology together to

accelerate climate

change mitigation and

Sustainable

development


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Our Global Presence & Projects


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23

Singapore

Corporate OfficeEmergent Ventures

5th Floor, Universal Trade Tower

Gurgaon- Sohna Road, Sector 49

Haryana, India , 122001

Europe

United Kingdom

ODS Management

NAMA

VERs/ CDM Projects Registration, monitoring, Verification and offset management

Footprint, Life Cycle Assessment

Forestry & REDD+

Sustainability Reporting

VERs sales, U.S.A

Biomass based gasifier implementation in Srilanka

Technology Needs Assessment project under the UNFCCC framework in Bhutan

MSW

Solar

Biomass

Hydro

Waste Water Treatment

Wind

Mexico

Pakistan

Nigeria

Egypt Thailand

Malaysia

Indonesia

Waste to Energy

Wind

Hydro

Biomass

VERs/ CDM Projects Registration,

monitoring, Verification and offset

management

VERs sales, U.S.A India

Solar

Biomass

Hydro

Wind

Projects

Srilanka

USAIndia

NepalBhutan


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Emergent Ventures India Pvt. Ltd.

5th Floor, Universal Trade Tower, Sec-49,

Gurgaon, India

Ph: +91 124 6653100

Fax: +91 124 6653200

[email protected]

www.emergent-ventures.com

EVI Solar Profile - June 2012

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