SUBSIDY SCHEME FOR GRID CONNCTED AND OFF GRID SOLAR SYSTEMS AT IOCL PETROL PUMPS

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SUBSIDY SCHEME FOR GRID CONNCTED AND OFF GRID SOLAR SYSTEMS AT IOCL PETROL PUMPS FIRSTGREEN CONSULTING PVT LTD MA, 74, DLF Phase III Gurgaon 122002 info@firstgreen.co +91-124-6450224

1. ABOUT THE PROGRAM With the massive target of the SolarIsation of petrol pumps, Indian Oil has recently launched a program for which Firstgreen Consulting is a empannelled EPC partner to IOCL. Under the proposed scheme consumer has to pay only 35% if the project cost and balance 65% is paid to the beneficiary petrol pump owner by IOCL as for the solar PV system. 2. ABOUT FIRSTGREEN Firstgreen Consulting is a leading solar PV EPC service provider. We have been working for IOCL, BPCL and HPCL for solarisation of the petrol pumps. We have a team of highly qualified and experienced professionals of the solar industry. We have extensive experience in solar PV ranging from kw scale project to MW scale solar project. Our activities in Solar Projects- have been related to identification of site, land procurement, assessment of power evacuation feasibility, technology selection, detailed engineering design, finalizing contracts for supply and implementation, Project identification and development support, etc. We also provide our services during implementation phase (Owner s Engineer), as quality management, site management, expediting and staff training Key Strengths 1. Successfully handled over 500 MW of solar advisory projects to various projects to some of the leading solar project developers. 2. In-house capacity of conducting the detailed engineering and design of solar power projects with strong team of over 25 design experts. 3. Over 5 years of experience in design, engineering and project management of large solar power projects as well as solar rooftop projects. 4. Project management expertise and strong technological knowhow on handling the solar power projects. 5. Successful track record of executing large solar rooftop project up to capacity of 3 MW under challenging climatic conditions. 6. Firstgreen blog is one of the largest technological know-how resources to solar professionals (www.firstgreen.co/blog). Our daily footfall is over 11000. 7. MNRE Channel partnership for new entrepreneurs. Firstgreen is also a SETNET partner to National Institute of Solar Energy (NISE) for conducting the solar PV training programs to the solar professionals.

8. Excellent relationship with the financial institutions and Banks for arranging the financial closure to our clients. 3. System Overview The proposed scheme is for 3KW/5KW/7KW/10 KW/15 kw solar PV systems for grid connected as well as for off grid applications. The p;roposed system will consist of poly crystalline solar modules arranged in series and parallel combination meeting PCU/ voltage and current requirement. The DC output from the solar Panel is directly converted to Grid Compatible AC Output using Grid Tied String s which is synchronized with the LT side of the Distribution Panel. In case of off grid systems, battery back is provided to meet the electricity requirements as power back up. All the energy generated through solar panels will be fed to the various loads of petrol pump. 4. IOCL SUBSIDY SCHEME Table1: Off grid system (with batteries) Cost of System capacity in Solar Panel kwp (in Rs) 3 160000 capacity in kva Cost of and Battery (in Rs) Total cost of the system % proposed for different capacity Celling of (in RS) rounded off 5 175000 335000 55 185000 5 260000 5 175000 435000 60 260000 7 365000 10 265000 630000 60 380000 10 510000 10 265000 775000 65 500000 15 760000 15 400000 1160000 65 755000

Table2: On- grid system (without batteries) System Cost of Solar capacity in Panel (in Rs) kwp 3 160000 capacity in kva Cost of (in Rs) Total cost of the system % proposed for different capacity Celling of (in RS) rounded off 5 87500 247500 55 135000 5 260000 5 87500 347500 60 210000 7 365000 10 132500 497500 60 300000 10 510000 10 132500 642500 65 420000 15 760000 15 200000 960000 65 625000 Note: - Subsidy is available to institutions registered as Non for Profit 5. SPV POWER PLANT OUTLOOK PV Module Type Tilt Angle s Project Completion Time Poly Crystalline As per Site String s 1-2 Months

6. BILL OF QUANTITY S.No. Component Specification Make 1 Modules-320Wp As per Design Vikram Solar/Sova Solar 2 s As per Design Delta/Phocos/Fronius for On-grid system Statcon/Sukam/equivalent for Offgrid systems 5. AC & DC Cables As per Design Siechem Technologies, Polycab or equivalant 8. ACDB As per Design As per Firstgreen design 9. Earthing As per Design Traditional 10. Cable Tray As per Design Armored Firstgreen vendor Note: - Cable Length and BOS mentioned above are used as per actual site conditions. This BOQ may be used for reference but actual BOQ may differ as per the detailed engineering. 7. TERMS & CONDITIONS Price Basis: The quoted price is for at site, including Freight & Transit Insurance. Tax & Duties: Duties and Taxes are inclusive. System Warranty: Solar PV Modules shall carry a warranty of 25 years from the date of supply by manufacturer and the inverter warranty is for 5 years. Battery warranty is for 3 years.

8. Payment Terms for CAPEX S.NO Milestone Payment (%) 1. Issue of Purchase Order 30 3. Supply of Modules 40 4. Supply of 20 5. commissioning 10 9. Delivery and Execution Period 1-2 months as per submitted schedule subject to force majeure conditions from the date of technically and commercially clear order along with advance & handing over the site to us and IOCL approval.

10. Scope of work For Firstgreen Consulting Pvt Ltd Design, Engineering, Procurement &Supply of Solar power system as per specification & BOM given in our offer. Installation & Commissioning of Solar Power Plant up to LT Panel including synchronization with Grid supply. Supply of Solar Meter, Net Meter are in the scope of supplier while all fees and deposits and electrical components required for Net Metering would be paid by customer Providing after sales service during warranty period. For Customer The Design, Fabrication and Installation of the Super Structure will be in the scope of the client. Providing shadow free area on roof on each Roof for installation of solar modules as proposed in layout Providing safe Storage place for Material during installation & Commissioning period Customer will provide necessary documentation for Net Metering. The regular cleaning of SPV system 11. Offer Validity The offer is valid for your acceptance for a period of 30 days from the date of submission of Bid.