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2012 Emergent Ventures. All rights reserved. Confidentiality: The concepts and methodologies contained here in are proprietary to Emergent Ventures.
Duplication, reproduction or disclosure of information in this document without the expressed written permission of Emergent Ventures is prohibited.
Emergent VenturesSolar Profile
June, 2012
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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
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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
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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
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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
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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
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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
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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
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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)
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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
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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
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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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Solar Case Studies: Case Study 2
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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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Solar Case Studies: Case Study 3
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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?
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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
www.emergent-ventures.com