Lobel Solar Power System

Solar Lobel PV modules Lobel Power Conditioning Unit or Inverters Module Mounting Structures Step Up Transformer DC & AC Power Cables Lightning Protection Earthing System Combiner/Junction box Communication Interface The grid connection interface

Thermal : International prices of coal are going up and it’s a non renewable polluting resource Hydro electric : Hydroelectric power projects in India's mountainous north and northeast regions have been slowed down by ecological, environmental and rehabilitation issues, coupled with public interest litigations Nuclear : Polluting Source of Power Generation. Problem of disposal of toxic by product. Globally activists are opposing it due to recent Fukushima disaster in Japan Gas : There is shortage of gas supply. Also gas pricing issues are there. Wind Energy : Benefit of Accelerated Depreciation has been withdrawn by the government Thus, Solar Energy generation emerges as a clear winner Since it is clean non polluting and abundant supply. With rationalization in prices and increased yield and government incentives like  REC  etc., this is the best time to invest in Solar Energy Generation.

Solar Energy Proposition in India India is blessed with Solar energy Most parts of the country receive very good solar irradiation-especially in states such as Rajasthan, Gujarat, Madhya Pradesh, Uttar Pradesh, Punjab, Harayana, Tamil Nadu etc There after Gujarat is the only State with highest irradiation and available potential According to the national action plan on climate change,” if India were to convert 1% of the 5,000 trillion kilowatt-hour of solar energy that it receives in a year into energy, the country would have enough to meet its energy needs, which are now a growing concern” Economic Value : Mitigates peak energy costs, the energy bills are reduced drastically Obviates the need to build as much additional generation and transmission capacity Geographical Location : India receives adequate Solar radiation for 300 days , amounting to 3000 hours of sunshine Almost all of the regions receive 4-7 KWh of solar radiation per sq meters Irradiation figures ...

Government Policies - What’s happening? Many experts believe solar energy would meet about 15% of global energy requirements by 2050 Indian National Solar Mission- to set up 20GW by 2022 State governments plans over 5GW MP solar energy generation is likely to reach up to 650 MW by the end of 2013 Many Grid opportunities Like solar park developments Solar cities & park will be established all around India State controlled NTPC to add 315 MW solar energy capacity Currently India has slightly above 12 megawatts of grid-connected solar generation capacity developed since 2009 As part of the National Solar Mission, government is eying to boost the annual solar power generation to at least 1,000 megawatts by the year 2013 India National Solar Mission Roadmap S. No. Application Segment Target for Phase 1 (10-13) Target for Phase 2 (13-17) Target for Phase 3 (17-22) 1. Grid Solar Collectors 7 Million Sq Mts 15 Million Sq Mts 20 Million Sq Mts 2. Off grid Solar ...

REC & How it works? Renewable Energy Certificate (REC) mechanism is a market based instrument to promote renewable energy and facilitate compliance of Renewable purchase obligations (RPO) Places an obligation on electricity supply companies to produce/consume a specified fraction of their electricity consumption from renewable energy sources REC mechanism is aimed at addressing the mismatch between availability of RE resources in state and the requirement of the obligated entities to meet the renewable purchase obligation (RPO) Solar RECs are issued to eligible entities for generation of electricity based on solar as renewable energy source. REC would be exchanged only in the CERC approved power exchanges IEX and PXIL Floor Price varies between Rs 9.30 to Rs. 13.40 per unit Scope of REC & RPOs RPO Status: - FY 2007 - 08 State RPO Target RPO Met Maharashtra 4% 3% Gujarat 2% 2% Karnataka 10% 11.5% Tamil Nadu 10% 11% Punjab 1% 0.74% Haryana 4% 0% Madhy...

Why go for Solar generation? It is a very low maintenance system , compared to other power generation technologies Does not need much active manpower for operation No dependency on any fuel, except sunlight which in abundant in India for most times of the year Green in nature – does not pollute the environment by emitting any harmful gases , so can be commissioned close to human dwelling Break Even Point(BEP) of the project is within 3 to 4 years and project life is approx. 25 years This leads to income for a long time, once initial cost is recovered Gestation period is less compared to other renewable technologies – plant can be commissioned in 3-6 months time with expertise of Lobel Solar power System Government is giving lots of incentives and subsidies on grid connected solar projects Additional benefits for Investors Concessional duties & tax breaks : Govt. of India announced concessional custom duty on imports , with exemption on excise duty for some project ...

Benefits for the Investors Section 32 of IT act provides Accelerated Depreciation of 80 % of the invested capital to professionals companies with tax liability Investors can set off their tax liability on the taxable income to the tune of 80% in the 1st year, and subsequently 20% in the 2nd year Section 80-IA (sub section 4)of income tax Act, 1961 allows 100% tax waiver on the income generated for any single 10 year period during first 15 years of operational life of a power generation project. This is valid for projects commissioned till 31st March 2014 Generation based incentives given by the government - Renewable Energy Certificates (REC) allows investors to gain a yield in the form of incentive currently being traded at average price of Rs 12 per unit of electricity generated by the solar power plant Third Party PPAs with reputed business houses and large industrial groups ( which will be organized by Lobel Solar Power System) allows per unit electricity to be sold at a...