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Parwanipur 8 MW Solar PV Project

Api Power Company Limited 8 MW Solar PV Plant lies at coordinate Longitude 84054'30.91" E to 84053'32.74" E, Latitude 27005'00" N to 27004'34.05" N and at elevation of approximately 134 m above mean sea level. The Project site is located in Parwanipur town in Parsa district in Narayani zone of Nepal. The total land acquired for the 8 MW PV Plant is approximately 40 acres.

 

The project is carried out with techno commercial evaluation of multiple commercially established solar PV technologies for the proposed site location based on the benefits that any particular technology can offer for the project lifecycle of 25 years. As per this evaluation, polycrystalline technology has been chosen for the 8 MW Solar Project.  The project either uses Trina TSM-315PEG14 or Suntech STP315-24/Vem polycrystalline PV modules and Sun Grow SG 2000 kW or equivalent inverters for the entire 8 MW project. The project has been configured with a DC:AC  over sizing  of  1.35  in  combination  with  Sun Grow SG 2000 Central  Inverters  with  compatible operating  ranges.

  

The Project has been configured into a single modular plot having a DC capacity of 10.81 MWp with four inverters, four of 2000 kW each, with a maximum AC output of 8 MW. In order to minimize DC ohmic losses, inverters, MV transformers and switchgear shall be centrally located within the modular plot. The PV modules are electrically connected with cables sized to minimize DC ohmic losses. The DC electrical output from the PV modules is fed through DC cables of suitable grade to junction boxes, which are then connected to inverters. These inverters convert the DC electrical input to AC output and the same is then stepped up using a single 8 MVa 415 V/11 kV Transformer. The 11 kV AC electricity supply is then evacuated into the NEA owned grid through 11 kV transmission line that connect the project step-up transformer to the NEA owned grid substation.

Project Summary of Proposed 8 MW Solar PV Plant

 

S.N.

Project Details

Descriptions

1

Project Authority

Api Power Company Limited

2

Project Capacity (MW) (AC side)

1 MW

3

Longitude

84054'30.91" E to 84053'32.74" E

4

Latitude

27005'00" N to 27004'34.05" N

5

Selected Location

Parwanipur

6

Nearest Major Town

Parwanipur

7

Accessibility

By East-West National Highway

8

Nearest Airport

Simara, Nepal

9

Solar Module Type

Trina TSM-315PEG14/Suntech STP315-24 Verm (Si-Poly)

10

Capacity of Each Module (W)

315

11

Strings in Parallel

1716

12

No. of Modules

34320

13

PV System Mounting Structure Type

MS Galvanized

14

Power Conditioning Unit (Invertors) capacity

2000 kW X 4 Nos

15

Power Conditioning Unit Specifications

Input Voltage Range 460-850V (SG 2000 kW)

16

No. of Invertors

4

17

Invertors Make

Sun Grow

18

Cables and Earthing Systems

1 Set

19

Plant Load Factor (P50)%

21.49%

20

Expected CUF AC Capacity @ P75 %

20.84%

21

Total Project Cost (NPR in Crs)

96.41

22

Equity from Promoters (NPR in Crs)

28.92

23

Term Loan from Financial Instituition (NPR in Crs)

67.49

24

Working Capital and Interest on Term Loan

8.50%

25

Equity IRR %

10.18%

26

Project IRR %

9.13%

27

Land

40 Acres of Vacant Land

28

Land development

The Entire Station will be laid at a Plain Land

29

Power Evacuation

Through 11 kV Transmission Lines to NEA owned Grid Substation

     

Current Status

Company has obtained the Survey License of the Project for 8 MW on dated 14th Mangsir, 2073 from Department of Electricity Development, Ministry of Energy. The detailed Survey of Project has been carried out. Company has entered into the Power Purchase Agreement (PPA) with Nepal Electricity Authority on dated 27th Shrawan 2075.

Market Price

Today's Nepal Share Market


Max Price Min Price Closing Price Prev. Closing Diff.
257 244.50 247 256.10 -9.10

 


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Our associates

 
  • Trade Tower Business Center
  • Arun Valley Hydropower Development
  • Rairang Hydropower Development
  • Siddhakali Power Limited
  • Ridi Hydropower Company Limited
  • Makalu Developers Limited
  • SAE
  • Janataresidency
  • Peoples Investment Company
  • Arun Kabeli Power Ltd
  • Ingwa Hydro Company
  • Palanchowk
  • Api Hydro Mechanical Limited

Contact Us

Email Address:- info@apipowercom.np

Address:- 4th Floor, Trade Tower Nepal, Thapathali, Kathmandu

Telephone:- +977-1-5111037/93/56

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