Problem
Inadequate Green Energy
Solution
Solar Panel Installation
Market Size
10,000 MW
Introduction: Urjadata Solar Renewable Energy Pvt Ltd is a recognized Indian government startup working towards generating renewable energy through solar power plants. The company has been awarded two projects under the PMKUSUM Component ‘A’ scheme by MPUVNL, with a total capacity of 4MW. The company is seeking funding for EPC and O&M and is offering a stake in the project in return.
Problem: The existing farm sector in India is highly dependent on diesel-powered generators and the state bears a significant burden of agriculture electricity subsidies, while there is a growing demand for energy in the country. Moreover, the carbon footprint and power transmission losses further add to the problem.
Solution: Urjadata Solar Renewable Energy Pvt Ltd aims to tackle this problem by developing and commercializing a new process of generating and distributing green energy locally through solarization of power distribution substations within 5-6 km radius. This would replace imported raw materials and reduce the import bill, while also providing reliable day-time power for irrigation.
Market size: The company aims to develop 10,000 MW of decentralized grid-connected renewable energy power plants on barren land under the PMKUSUM Component ‘A’ scheme. The market size for the project is 10,000 MW.
Project Type: The project is a decentralized ground-mounted grid-connected renewable power plant. It aims to provide significant improvements in the existing power generation and distribution process, reducing power transmission losses and carbon footprints.
Financials: The company seeks funding for EPC and O&M, which amounts to 18 Crore. The company has a power purchase agreement with DISCOM MPPMCL at the rate of Rs. 3.07/kWh for 25 years, with an expected annual sell of Rs. 24000000. The total sell from super napier grass underneath the solar panel is Rs. 2000000 per year, while the carbon credit benefits add to the revenue stream. The labor cost is Rs. 600000 per year, and the land cost is Rs. 1200000.
Conclusion: Urjadata Solar Renewable Energy Pvt Ltd aims to offer reliable day-time power for irrigation to farmers, reduce the burden of agriculture electricity subsidies, and reduce the carbon footprint by generating and consuming green energy locally. The company seeks funding for EPC and O&M and is offering a stake in the project in return.
Investing in our solar power plant is an excellent opportunity for individuals and organizations looking to make a positive impact on the environment while earning a solid return on their investment. Our plant utilizes state-of-the-art technology and is operated by a team of experienced professionals who are dedicated to maximizing its efficiency and output.
By investing in our solar power plant, you will be contributing to the reduction of carbon emissions and promoting the use of clean, renewable energy sources. Additionally, you will be able to take advantage of tax incentives and other financial benefits offered by the government to encourage investment in renewable energy projects.
Our solar power plant is also designed to provide a stable and reliable source of income for investors, with a long-term contract in place to sell the electricity generated to the government at a fixed rate. This ensures a predictable and consistent cash flow for the duration of the contract.
In summary, investing in our solar power plant is a socially responsible and financially rewarding decision. You will be helping to create a more sustainable future while enjoying the benefits of a stable and profitable investment.
Our solar power project is designed to meet all the necessary regulatory requirements and compliances. We have obtained all the necessary approvals, including the requisite clearances from the state government, local authorities, and the Ministry of New and Renewable Energy (MNRE). Our project is compliant with all safety and environmental regulations and we have ensured that all necessary permits and certifications have been obtained. Additionally, we have conducted thorough due diligence and quality checks at every stage of the project, from design and engineering to installation and commissioning, to ensure that the project is completed in compliance with the highest standards of quality and safety. Our team is committed to ensuring that the project meets all necessary compliances and regulations, and we are constantly monitoring and updating our processes to ensure that we remain fully compliant at all times.
Our team is made up of highly skilled and experienced professionals who are passionate about renewable energy and committed to providing sustainable solutions for a better future. With a diverse range of expertise spanning engineering, finance, and project management, our team works collaboratively to deliver high-quality, reliable, and cost-effective solar power solutions to our clients. We are dedicated to staying up-to-date with the latest industry developments and best practices, and our innovative approach ensures that we are always at the forefront of the renewable energy sector. Our team’s professionalism, integrity, and dedication to customer satisfaction are at the heart of everything we do, and we take great pride in delivering exceptional service and results.
