Study of Indian capabilities to manufacture and supply components for development of Concentrating Solar Thermal Power Plants
Title: Assess competitive positioning and potential of Indian companies in manufacturing of key CSTP components & propose an action plan to help develop this potential, and evaluate the resulting economic benefits
Background:
- National Solar Mission : 20,000MW by 2022;
- The client is a Multilateral funding agency who funds Renewable Energy Projects worldwide
- India today finds itself on the path of becoming one of the leading nations in solar energy by taking steps towards implementing large MW scale solar power projects and poised to position itself as a one of the world’s major
Existing Scenario Assessment:
Gap Assessments:
- Barriers in policy and regulatory aspects were the most significant barriers
- Approval processes and inability of the state governments to provide single window clearance to developers made infrastructure the second most important barrier
- India needed to set up its own solar radiation data collection stations in order to facilitate accelerated development
- Bottleneck is the availability of steam turbine in the power block for solar thermal power plant. 18-24 month lead time
Parameters:
- Technology (including aspects of equipment, procurement and commissioning),
- Availability of solar radiation data in the country,
- Financing (including CDM as part financing option).
Our Solution:
- Market assessment to understand the issues/problems and barriers that developers are facing in the solar power sector in India-
- Understand the risk perception of the domestic and international developers/investors (both existing and potential) and how these could be mitigated
- Established supplier development and performance evaluation process for better control
- Government must provides adequate guarantees for payments to make PPA bankable by creating special funds
- Understanding project costs and returns after accounting for the impact of solar radiation on tariff
Benefits:
- Major Cost Reduction per MW to make it financially Viable
- Stable and Consistent Government Policies
- Study is still going on so real benefits are expected after workshops and report implementations