Solar Park

The work done in the studio 1- Construction Project Formulation and Appraisal is about the feasibility study of Solar Park situated in the Gujarat. Solar Park will be the world’s largest solar park after construction having a total capacity of 5GW. The electricity which would be generated from the solar park will not only be supplied to Gujarat and Delhi-Mumbai Cooridor but also to nearby states like Rajasthan and Madhya Pradesh. By using renewable source like Solar energy, amount of Carbon dioxide production in the environment reduces ultimately being sustainable. Nowadays with the increase in demand of electricity, it is necessary to produce more electricity but also keeping sustainability in mind. As per Jawaharlal Nehru National Solar Mission(JNNSM), government aims to achieve 175 GW clean energy by 2025. Solar Park is one of the initiative under this scheme. For the construction of such a large scale project having capacity 5 GW and investment of 25 billion, it is necessary to carry out the feasibility study of the project. For the studio, the feasibility study is carried out using various parameters like CPO Analysis, Demand Analysis- identifying the actual demand of electricity, Location analysis- Determining best suitable location for the project, Risk Assessment- identifying the risks associated with the project, Compliances to be taken and managing various stakeholders. Apart from this feasibility study, technical analysis is done which includes CBA and TVD- which helps to select the best technical option out of various alternatives. Cost of the project is calculated by breaking the cost into various segments. Finally, a schedule is prepared and based on that schedule, the tender is prepared for procuring consultants, contractors and major equipments.