Gensol Engineering Limited · NSE:GENSOL
Gensol Engineering — Gensol Consultants Pvt. — Investor Presentation (August 2016)
22 slides from Gensol Engineering's investor presentation, August 2016
Slide 1: Renewable Energy Certificates
Renewable Energy Certificates By: Gensol Consultants Pvt. Ltd. LIVE GREEN. DO RIGHT.
Slide 2: Contents
Contents Renewable Energy Certificates (REC) Conceptual framework of REC Operational framework of REC REC Pricing Case Study Important features of REC mechanism Services offered LIVE GREEN. DO RIGHT.
Slide 3: Renewable Energy Certificates (REC)
Renewable Energy Certificates (REC) REC is deemed as certificate of power generated from Renewable Energy sources; 1 REC = 1 Mega Watt hour of renewable energy generated; Can be sold or traded to meet mandatory RPO targets set by State Electricity Regulatory Commissions for renewable energy
Slide 4: Eligibility Criteria
Eligibility Criteria All renewable energy generators already NOT having PPA with the distribution licensees for contracted quantum; RE generator selling electricity generated either : i.to the distribution licensee of the area in which the eligible entity is located, at a price not exceeding the
Slide 5: Conceptual framework
Conceptual framework Distribution Utility at a price Sale at Obligated not more than Preferential Entities average pool tariff price Third party sale on mutually RE agreed price Generator Sale through Electricity power exchanges Component Sale in REC framework Obligated Entities Renewable (Sale thro
Slide 6: Operational framework
Operational framework LIVE GREEN. DO RIGHT.
Slide 7: Accreditation & Registration Process
Accreditation & Registration Process Verify Accreditation Application Eligible State Entity Intimation SLDC Agency Confirmation Confirmation Central Power Agency Intimation Exchange Application LIVE GREEN. DO RIGHT.
Slide 8: Issuance of REC Process
Issuance of REC Process State Verification Agency Pre Condition Regular SLDC Injection Power Central Verify before Exchange Agency Issuance Application Issuance Intimation For Meter Reading Apply for sale of REC SLDC Eligible Joint Meter Reading Entity LIVE GREEN. DO RIGHT.
Slide 9: REC Trading
REC Trading RPS Obligated entities RE Generators 1 1 Electricity Electricity to Grid from Grid 4 REC purchase agreement/ trading 5 Issuance of REC Central Agency- NLDC 1 Redemption of REC 6 2 Energy Accounting Application to issue REC Compliance reporting 3 g y E ner f no a tio 7 rm ng nfi i Co ount
Slide 10: Redemption Process
Redemption Process Eligible Entity Apply for Sale of REC Purchase RPO Power Obligated SERC Exchange Entity Intimation Intimation of Sale of Sale Central State Agency Agency LIVE GREEN. DO RIGHT.
Slide 11: REC- Timelines, Fees & Charges
REC- Timelines, Fees & Charges LIVE GREEN. DO RIGHT.
Slide 12: Pricing of REC
Pricing of REC CERC has finalized the floor and forbearance price of REC based on: Variation in cost of generation of different renewable energy technologies falling under solar and non-solar category, across States in the country; Variation in the Pooled Cost of Purchase across States in the co
Slide 13: Cont…
Cont… CERC has given the following price range for Solar and non-solar certificates: Non-Solar REC Solar REC (Rs/MWh) (Rs/MWh) Forbearance Price 3,900 17,000 Floor Price 1,500 12,000 These prices are calculated as under: Forbearance Price = Maximum (Preferential Tariff- Average Power Pool Cost) Floo
Slide 14: Case Study - Solar
Case Study - Solar LIVE GREEN. DO RIGHT.
Slide 15: Solar policy Landscape
Solar policy Landscape Under JNNSM, targets set for Solar Penetration Phase 1 (2010 – Phase 2 (2013 – Phase 3 (2017 – 2013) 2017) 2022) 1,100 MW 4,000 MW 20,000 MW Phase - Category Size of Project Status of Allocation 1 90 MW , Small scale 0.1 to 2 MW grid Projects have already been Projects connect
Slide 16: Off-grid Solar system with Battery Back-up
Off-grid Solar system with Battery Back-up PARAMETERS 100 kW 200 kW Solar Modules 120 Lacs 240 Lacs Electric Equipments 60 Lacs 120 Lacs Civil Work 30 Lacs 60 Lacs EPC 30 Lacs 60 Lacs Preoperative and Consultancy 10 Lacs 20 Lacs TOTAL 250Lacs 500 Lacs Area Requirement 1200 sq. Km. 2400 sq. Km. Power
Slide 17: Off-grid Solar system with Battery Back-up
Off-grid Solar system with Battery Back-up 1 Renewable Energy Certificate 2 Tax Saving due to Accelerated Depreciation 3 Freedom from grid-based electricity LIVE GREEN. DO RIGHT.
Slide 18: Combined Benefits for a 100 kW system
Combined Benefits for a 100 kW system Total Project Cost Equity Debt 250 Lacs 75 Lacs 175 Lacs Incentive Equity (75 Lacs) Debt (175 Lacs) Revenue from sale of REC 18.1 Lacs -NA- Revenue against tax saving 48 Lacs -NA- Revenue against saving from grid 7.2 Lacs -NA- based electricity Returns in 1st ye
Slide 19: Combined Benefits for a 200 kW system
Combined Benefits for a 200 kW system Total Project Cost Equity Debt 500 Lacs 150 Lacs 350 Lacs Incentive Equity (150 Lacs) Debt (350 Lacs) Revenue from sale of REC 36.2 Lacs -NA- Revenue against tax saving 96 Lacs -NA- Revenue against saving from 14.4 Lacs -NA- grid based electricity Returns in 1st
Slide 20: Important features of REC mechanism
Important features of REC mechanism REC mechanism is NOT an incentive scheme. Rather it’s main aim is to enable sale and purchase of renewable component across the State boundaries; REC mechanism will coexist with all current incentive based schemes, since most of these schemes are based on cert
Slide 21: Services Provided
Services Provided LIVE GREEN. DO RIGHT.
Slide 22: Contact Us
Contact Us Ahmedabad Office: Gurgaon Office: 14-15, Camps Bldg:301 InfoTech Bangalore Office: Corner-2, Opp. Centre. 101- 102, First AUDA Gardern, First Floor 105- Floor, Prahladnagar, 106 Sigma Chambers Ahmedabad, Old Gurgaon & Delhi HAL IIIrd Stage Gujarat, India Road. Jeevan Bhima Ph: +91-079- Op
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