The Solar Industry has witnessed rapid growth over the past few years and is projected to grow further in future. The Government's Jawaharlal Nehru National Solar Mission (JNNSM) aims as a major initiative to promote sustainable growth while addressing India's energy challenges. The Mission has set the ambitious target of deploying 20,000 MW of grid connected solar power by 2022 and is aimed at reducing the cost of solar power generation in the country. India is endowed with vast solar energy potential. About 5,000 trillion kWh per year energy is incident over India's land area with most parts receiving 4-7 kWh per sq. m per day. Hence both technology routes for conversion of solar radiation into heat and electricity, namely, solar thermal and solar photovoltaics, can effectively be harnessed providing huge scalability for solar in India.
As part of the Solar Practice, pManifold focuses on helping clients keep pace with the fast evolving industry and the opportunities there in through services for,
- Bid Advisory
- Strategic Consulting
- Investor Education
❶ Bid Advisory
RfS filling and Financial Modelling/ Cost Optimization for Bid Preparation
pManifold supports bidders in a step by step approach for filing
- Rfs and Bids for the JNNSM program through,
- Site/Resource Assessment
- Pre-feasibility, and Feasibility report as per national or state guidelines
- Bid strategy to offer “winning” discounting rates
- PPA signing &
- Financial closure
❷ Strategic Consulting
Entry Strategy, Acquisition, Partnership Development, Vendor Sourcing
With sound knowledge of the Solar industry we are able to assist businesses to evaluate their best possible options in entering Solar sector through,
- Existing Portfolio Analysis
- Partnership Development
- Product Selection &
- Vendor Selection for EPCM, EPC, Technical, Financial, etc.
|❸ Investor Education
Through detailed Financial Model vetted by expertspManifold makes it easy for all stakeholders to understand the MW-scale solar grid-connected projects by tying up the JNNSM guidelines, financial parameters (like interest rates, carbon credits, taxation), technical parameters (like solar resource estimations) and strategic parameters (like company structuring to avail benefit of accelerated depreciation, cost optimizations due to synergies with existing business portfolio of the bidder) into a detailed financial model.