solar highways
Post on 05-Apr-2018
230 Views
Preview:
TRANSCRIPT
-
7/31/2019 Solar Highways
1/18
Independent Project
by
Pranay SurakantiPGPIM Batch-3
Adani Institute of Infrastructure
Management
-
7/31/2019 Solar Highways
2/18
Solar Power Vital Stats
Around 1000MW of installed capacity
CERC decides tariffs based on assumptions about capital
and operating costs. Costs between Rs.9 to 10 crore per MW for MW scale
plants.
Breakup: 2 crore for mounting and civil work. 5-6 crore on
panel cost. 20-30 lakh for land. Rest for powerequipment. (CERC tariff order)
Drivers: Capacity factor, Interest cost, project cost
-
7/31/2019 Solar Highways
3/18
Solar Highways
Concept: Using land occupied by highways to generate solarpower.
Why Highways: NHAI has so far 16,500km of 4/6 lanehighways under its NHDP program
Abundance: 1.32% of total land area
Open Space
Limited Use
Other Similar Applications:
Railway Tracks
Irrigation Canals
-
7/31/2019 Solar Highways
4/18
-
7/31/2019 Solar Highways
5/18
Objectives
The main objective is to understand the impediments to the
implementation of this simple idea
Policy and Legal Implications that need to be cleared before.
Technology and engineering Challenges
Economic Benefits: Model-wise
Evaluation of operating models based on above criteria
-
7/31/2019 Solar Highways
6/18
Policy
Who owns the land in a road project?
Clause from MCA:
13.3 The license and the right to use the Site shall be granted for
the purpose of carrying out the functions placed upon the
Concessionaire under the Agreement and not for any otherpurposes
Clauses 3.2 (vi) and 9.1 (xi) further restrict the Concessionaire from
creating an encumbrance , lease, transfer or part possession,
except as provided for by the CA.
In short, NHAI owns the land, and only has given the right
for to use the land for the purpose of construction or
extension of the highway, and in return the Concessionaire
gets the right to charge toll as prescribed.
-
7/31/2019 Solar Highways
7/18
Policy (Contd.)
By extension, the right to any alternative use has to be given
specifically by NHAI.
Will the Concessionaire have the right to gain revenue fromalternate uses?
This right also needs to be specified by the NHAI, similar to the right
to benefit from facilities such as fuel stations, food courts and
hoardings.
It would depend on how the NHAI is wants to structure the project,
but it cannot pass on the right to alternate revenue to a third party
by itself because the Concessionaire will be in possession of the land.
-
7/31/2019 Solar Highways
8/18
Technical and Engineering Viability
Over-Head Models
A Roof over the Road
T-Shaped median structure
T-shaped shoulder structure
Approximate Height 12 meters
After Modeling in STAAD Pro, we found that the cost ofRoof-over-Road structure was most comparable with the
normal solar plant (2 crore/MW), provided panels are
placed horizontally and not tilted.
-
7/31/2019 Solar Highways
9/18
Roof over the Road
-
7/31/2019 Solar Highways
10/18
T-Shaped Structure
-
7/31/2019 Solar Highways
11/18
Technical and Engineering
Ground level structure:
Excess Land at interchanges and between service roads
Higher perceived safety
Well established cost structure
Easy acceptability
NHAI acquires more land than it requires for having a safetymargin.
E.g. 4 lane highway requires 60 meter corridor and uses only 30meters for the road structure
6 lane expressway between Surat and Mumbai is going to need a120 meter corridor for a 50mtr road
So it is possible to utilise this land for solar power, providedgovernment takes initiative
-
7/31/2019 Solar Highways
12/18
Operating Structure
What are the ways in which the model can be
implemented? Who are the players in each model?
BOT projects: NHAI-Concessionaire-Developer
NHAI-Concessionaire
Govt. tolled or un-tolled highways NHAI or State GovernmentDeveloper
Government Implementation Authority (e.g. GEDA)
-
7/31/2019 Solar Highways
13/18
Payment Mechanisms
One time Payment: based on share of project value
Fixed Annual Payment: based on share of project value
Revenue Share: as a percentage
Electricity Share: supplying a certain number of electricityunits
Recommended Method: Revenue Sharing
The costs is fixed Gives incentive to increase efficiency factor
Gives incentive for govt./concessionaire to continue giving goodservice
-
7/31/2019 Solar Highways
14/18
Evaluation
NHAI-Concessionaire-Developer
Advantages
Protects rights of the concessionaire as the possessor of land.
Risks are shared by those best placed to manage those risks.
Disadvantage: transaction costs will increase, especially monitoring andco-ordination while shifting.
NHAI and Concessionaire cum developer
Concessionaire becomes solar power producer
Advantages are that it reduces transaction costs and increases the
reliability of the cashflows for the concessionaire, since they are both
not correlated
-
7/31/2019 Solar Highways
15/18
Evaluation
Government and Developer:
Good model for un-tolled roads
Can be structured as a BOT project which can generate free
cash flow for the life of the panels Pays for road Maintenance
Government owned Implementation Authority:
Low transaction costs
Low funding costs
High initial outlay
-
7/31/2019 Solar Highways
16/18
Conclusion
Awareness and Policy support from within the governmentseems to be the core impediment
Engineering not a barrier to implementation because of excessland availability
Viable option for concessionaire and government
Current PPP structures can be applied to this easily, for fasterimplementation
News: World Bank supports installation of Solar Panels along highways
in Gujarat
Indian Banks See Highway Toll-Like Cash in Solar
http://articles.timesofindia.indiatimes.com/2012-06-13/ahmedabad/32214009_1_solar-panels-state-roads-wbhttp://articles.timesofindia.indiatimes.com/2012-06-13/ahmedabad/32214009_1_solar-panels-state-roads-wbhttp://www.bloomberg.com/news/2011-12-29/indian-banks-see-highway-toll-like-cash-in-solar-welspun-says.htmlhttp://www.bloomberg.com/news/2011-12-29/indian-banks-see-highway-toll-like-cash-in-solar-welspun-says.htmlhttp://www.bloomberg.com/news/2011-12-29/indian-banks-see-highway-toll-like-cash-in-solar-welspun-says.htmlhttp://www.bloomberg.com/news/2011-12-29/indian-banks-see-highway-toll-like-cash-in-solar-welspun-says.htmlhttp://www.bloomberg.com/news/2011-12-29/indian-banks-see-highway-toll-like-cash-in-solar-welspun-says.htmlhttp://www.bloomberg.com/news/2011-12-29/indian-banks-see-highway-toll-like-cash-in-solar-welspun-says.htmlhttp://www.bloomberg.com/news/2011-12-29/indian-banks-see-highway-toll-like-cash-in-solar-welspun-says.htmlhttp://www.bloomberg.com/news/2011-12-29/indian-banks-see-highway-toll-like-cash-in-solar-welspun-says.htmlhttp://www.bloomberg.com/news/2011-12-29/indian-banks-see-highway-toll-like-cash-in-solar-welspun-says.htmlhttp://www.bloomberg.com/news/2011-12-29/indian-banks-see-highway-toll-like-cash-in-solar-welspun-says.htmlhttp://articles.timesofindia.indiatimes.com/2012-06-13/ahmedabad/32214009_1_solar-panels-state-roads-wbhttp://articles.timesofindia.indiatimes.com/2012-06-13/ahmedabad/32214009_1_solar-panels-state-roads-wb -
7/31/2019 Solar Highways
17/18
Acknowledgement Prof. Girija Sharan
Prof. Pramod Yadav
Ramachandran Rajagopalan Vishal Vora
Ravi Kumar PBV
-
7/31/2019 Solar Highways
18/18
top related