EAI has been acquainted with the solar PV sector right from the time the first batch of the National Solar Mission started, in 2010.
We have assisted many companies in fully assessing the commercial feasibility for becoming a medium or large scale IPP in the solar power sector.
Our extensive relationships with key stakeholders such as panel and BoS manufacturers, as well as with policy makers and government, ensures that you get the most authentic assistance and advice for the entire duration of the solar power plant implementation.
EAI provides turnkey assistance to companies keen on becoming a dominant developer or IPP for the solar PV sector. The following are the key components of our services:
Thorough Financial Evaluation of the Project
Solar power projects typically have a lifetime of 25 years; it is hence critical that a developer does a rigorous evaluation of all financial aspects of the project. With its in-depth understanding of every small component involved in the solar PV power plant value chain, EAI is one of the most authentic experts available in the country to provide you with financial modeling and evaluation that will stand the toughest scrutiny.
Understanding of Indian Market & Regulatory Structure
With our presence in the Indian solar sector right from its inception six years back, we understand the Indian solar market and regulatory structure exceptionally well, and hence are able to provide clear and critical analysis with region-specific focus, tuned to the developer’s needs.
EAI can provide you with a rigorous evaluation of EPC and components for implementing your solar power plant. In the role of project management assistance, we will also assist you in making critical component decisions – especially for critical components such as panels and inverters – so that you get the highest quality components and solutions at the best possible price.
Due Diligence of All Commercials
– Our expert team will do a thorough analysis of all the commercials required during the entire process of the solar power plant implementation. This will include commercials for the EPC, commercials involved in the PPA signing, and more.
Preparing the Feasibility Report and Presentations to Financial Institutions
We will prepare the complete techno-commercial feasibility analysis and detailed project report that will be needed by the banks and other lending financial institutions.
Assistance in the Bidding Process
Where your organization is interested in bidding for central or state government solar projects, EAI’s commercial team will assist in the competitive bidding process to ensure that you get the best deal possible. Please note that even a small difference in the bidding price can result in a difference of crores of rupees as the projects are usually of 10 MW and above, running into power purchase agreements for 25 years.
Identifying Third Parties for Power Purchase
In select cases, EAI assists clients in identifying private off-takers for solar power generated. Please note however that private purchase of large scale solar power is yet to take off in a large manner in India, and hence this avenue is open only in select cases, based on specific regions and for select clients.
Assistance in Recruiting and Developing a Core Team
If your firm is new to the Indian solar sector, it will also require a strong team to become a fully functional IPP or developer. EAI, with its vast industry contacts, as well as through its large renewable energy portals and popular industry newsletter, is ideally positioned to help you put together the best possible team.
Project Management Assistance during Power Plant Implementation
EAI, through its technical partners, can also provide you with the Owner’s Engineer assistance during the solar power plant implementation. In this role, we provide you complete support in the form of review of daily progress, regular reporting and also auditing of the key components of the project implementation based on international standards and checklists.