Technical advisory services for a 750MW solar PV park

case-study-details_03

Location

Rewa, Madhya Pradesh

Capacity

750MW

Client

IFC

Project Overview

One of the largest solar park in India comprising of 3x250 MW solar plants which is currently under construction. This solar park becomes the first to be connected to CTU with power further being evacuated to Delhi Metro Rail Corporation (DMRC) and MP Urja.

Scope of Work

Providing advisory assistance to IFC (Lead Transaction Adviser) on technical due diligence and inputs for IFC’s client, Rewa Ultra Mega Solar Limited and New & Renewable Energy Department of Government of Madhya Pradesh.

Preparation of technical due diligence report to support IFC and its client and other key public agencies in choices related to design, contracting and project management related to the setting up of the solar PV park - covering all technical aspects of the project including prediction of energy yields, assessment of costs and other technical aspects impacting the project design and viability.

Supporting IFC in organizing stakeholder consultation workshops.

Preparation of technical schedules on international and Indian standards, including safety standards of the legal documents (RFQ, RFP, PPA, etc.).

Supported IFC in managing the bidding process by providing technical clarifications to bidders, attending pre-bid meetings, site visits and assisting with responses to bidders’ queries.

Outcome

The first solar park with individual plant capacity of 250MW each which was conceptualized by SgurrEnergy team. This conceptualization helped to lower down the project cost with reaping benefits like low tariffs and economies of scale.

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