CASE COMP Delhi school best case comp.pptx

CASE COMP Delhi school

1. 1 COVER PAGE

2. 2 SAMARTH POWER PVT LTD ABOUT PROBLEM BROAD PLAN In order to achieve our carbon neutral status and work towards our CSR goals we have devised a Two- pronged strategy which entails the follow: Switching to Alternate Fuel Using Natural Gas instead of coal in some of our power plants The plants with proximity to deccan plateau have been identified Setting up a Geo-thermal power plant set a new Geo-thermal power plant in Thane jobs created will lead to regional development benefit from incentives and subsidies offered by the state and central government Leading thermal power generation company based in India. Operates several power plants that generate electricity by burning coal. Diverse range of customers. Power plants have a combined capacity of 6,000 megawatts. Actively exploration of opportunities to diversify its portfolio and invest in other forms of renewable energy. Investing in new technologies to improve operations and reduce its environmental impact. Extensive use of thermal power for energy generation. Carbon positive status. Tarnished repute. Decline in profits due to increase in taxes on conventional sources of energy need of a renewable energy generation plant in the western belt. Fighting communal disharmony and unemployment.

3. 3 WHY GEO-THERMAL ENERGY Geothermal can be extracted without burning fossil fuels. produces only 1/6th of Co2 in comparison to any natural-gas-fuel power plant. very little nitrous oxide or sulphur-bearing gases available 24/7/365 As per the international reports, a 1 MW Geothermal Power Plant generates about 8.3 Millions Units (MU) per MW per annum. HOW GEOTHERMAL IS ECONOMICALLY FEASIBLE THAN COAL ENERGY Geothermal energy has lower operating costs compared to coal as it doesn't require fuel. Geothermal energy prices are more stable than coal prices, which can fluctuate due to various factors. Geothermal energy provides long-term cost savings as it has a longer lifespan and requires less maintenance than coal-fired power plants. Geothermal energy is available 24 hours a day, 365 days a year unlike coal which has to be transported. Geothermal energy can be double recycled. Geothermal energy reduces dependence on import of foreign coal which saves tremendous costs. HOW TO REACH CARBON NEUTRAL STATUS Replacing coal with natural gas in thermal power plants. Improve energy efficiency by implementing advanced control systems, insulation, and more efficient turbines in thermal power plant. Implement carbon capture and storage (CCS) technology to capture carbon dioxide emissions from power plants and store them underground. Invest in forest conservation and reforestation initiatives to offset carbon emissions. Setting Up geothermal power plants to earn carbon credits to offset emissions. INDUSTRY ANALYSIS OF RENEWABLE ENERGY SECTOR India's renewable energy sector has been growing rapidly in recent years, driven by government policies and incentives, as well as increasing public awareness of the need for sustainable energy sources. Market Size and Growth Potential: Market size reached US$ 20 Billion in 2022. Projected to reach US$ 35.6 Billion by 2028, at a CAGR of 10.19% during 2023-2028 . Key Players: • The sector is dominated by several large players, including Adani Green Energy, Tata Power Renewable Energy, Azure Power, and Renew Power. Government Policies and Incentives: Indian Government has implemented several policies and incentives to promote renewable energy. Allocated more than 1 Billion dollars in Unions Budget 2023 Offers tax incentives & subsidies for renewable energy projects. Key Components: Solar and Wind Power contribute around 70% to Renewable Energy generation. Challenges: faces several challenges, including the availability of financing, lack of grid infrastructure, and policy uncertainties. COVID-19 has also impacted the sector’s development. Conclusion : A rapidly growing sector Huge potential for future Some issues need to be addressed

4. 4 Cost for setting up plant before subsidy 12 Crore drilling cost for 700 m depth 9 crore for capital cost which includes land acquisition cost, acquiring pipes, turbines and generators. Subsidy as per national policy on geo thermal energy 50% subsidy on drilling cost 30% subsidy on capital cost Actually cost for setting up plant 6 crore drilling cost 6.3 crore capital costs Hence total cost for setting up plant is 12.3 crore All salaries (yearly)- Manager/supervisor- Sarpanch of Village- Rs 6,00,000 Sum total of all salaries given below- Rs. 20,84,000 Financials- Cost WORK NUMBER OF WORKERS COMPENSATION Labour for daily work 30 Rs. 350/worker per day Women engineers for maintenance and quality checks 3 Rs. 50,000/engineer monthly Labour for cleanliness 4 Rs 150/labourer per day Transmission 4 Rs 180/worker per day Accounting 1 Rs 40,000 monthly Average Electricity Tariff assumed: Rs 12.43/kWh Capacity utilization factor assumed: 90% Annual Revenue for 1 MW plant: Rs 1.7 Cr 5 Years From Now 2 Additional plants set up Assuming Tariff CAGR as 4.5% Average Electricity Tariff in 2028: Rs 15.44/ KwH Projected Revenue from each plant: Rs 2.1 Cr Total Annual Revenue for 2028: Rs 6.3 Cr REVENUE Our contribution: Having employed people from the neighbouring areas including women, tribals, SCs, STs and the disabled, we have fulfilled our CSR towards the community.

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