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Simara 1 MW Solar PV Project

Simara 1 MW Solar PV Project

Api Power Company Limited 1 MW Solar PV Plant lies at coordinate Longitude 84058'30" E to 84057'30" E, Latitude 27009'45" N to 27008'45" N and at elevation of approximately 187 m above mean sea level. The Project site is located in Simara town in Parsa district in Narayani zone of Nepal and is close to the East-West Highway. The total land acquired for the 1 MW PV Plant is approximately 5 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 1 MW Solar Project.  The project either use Trina TSM-315PEG14  or  Suntech  STP315-24/Vem  polycrystalline  PV  modules  and  ABB PVS800-57-1000kW-C or equivalent inverters for the entire 1 MW project. The project has been configured with a DC:AC  over sizing  of  1.35  in  combination  with  ABB PVS800-57-1000 kW-C  Central  Inverters  with  compatible operating  ranges.

The Project has been configured into a single modular plot having a DC capacity of 1.35 MWp with one inverters of 1000 kW, with a maximum AC output of 1 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 1 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.

Company has obtained the Survey License of the Project for 1 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 a Power Purchase Agreement (PPA) with Nepal Electricity Authority on dated 3rd Bhadra, 2075.

The Project has started its Commercial Operation from 8th Shrawan, 2079 B.S (24th July, 2022). 

 

Project Summary of Proposed 1 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

84058'30" E to 84057'30" E

4

Latitude

27009'45" N to 27008'45" N

5

Selected Location

Simara

6

Nearest Major Town

Simara

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

214

12

No. of Modules

4280

13

PV System Mounting Structure Type

MS Galvanized

14

Power Conditioning Unit (Invertors) capacity

1000 kW X 1 Nos

15

Power Conditioning Unit Specifications

Input Voltage Range 600-850V (1000 kW)

16

No. of Invertors

1

17

Invertors Make

ABB

18

Cables and Earthing Systems

1 Set

19

Plant Load Factor (P50)%

21.58%

20

Expected CUF AC Capacity @ P75 %

20.93%

21

Total Project Cost (NPR in Crs)

12.53

22

Equity from Promoters (NPR in Crs)

3.76

23

Term Loan from Financial Instituition (NPR in Crs)

8.77

24

Working Capital and Interest on Term Loan

8.50%

25

Equity IRR %

11.91%

26

Project IRR %

10.10%

27

Land

5 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