Who are we…..Who are we…..
A Bangalore, India based Renewable Energy company with a clear goal of being among nations Top 3 in this space
Someone who has already commissioned and is currently operating one of the largest privately owned hydro plants in south India- a 22 MW hydro power plant, which is downstream to South East Asia’s largest waterfalls
Someone who will commission another 15 MW hydro plant in the next 3 months and has 10 other projects in various stages of implementation
Someone who has working relationships with leading consultancy firms, design engineering firms, construction management firms, constructions company’s, Tax and Audit firms, Insurance advisors, CDM advisors etc
Someone who has and is working with leading lending institutions such as HUDCO, REC, Syndicate Bank, Axis Bank, Andhra Bank etc
Who are we…..Who are we…..
Someone who has already raised two round of FDIIst round- FE Clean Asia: Based out of Singapore is the Asian arm of a PE Fund which has similar funds in Latin America and Eastern Europe. Mitsubishi is the anchor investor along with Asian Development Bank, JBIC, Proparco, Chubu Electric etc2nd Round- D E Shaw- Based out of New York is one the largest funds in the world with a kitty of 35 Million US$. They have over a Billion US$ invested in India already.
Someone who has structured a unique Captive sale arrangement with a large MNC within the provisions of The Indian Electricity Act thus increasing top line by 49%
Who are we….Who are we….
Someone who is very active player in the Carbon Credits market- our 1st project was among the first to have qualified under UNFCCC and have since sold all CER’s from this project to Japans 2nd largest utility
Someone who has successfully handled acquisition of projects and revived an abandoned project
Someone who believes is delivering a quality product and hence has strived to build a strong Technical Advisory Board as well as full time in house team of energy professionals
RENEWABLE ENERGY PROJECTS
A BOON TO THE RURAL
LANDSCAPE
RENEWABLE ENERGY PROJECTS
A BOON TO THE RURAL
LANDSCAPE
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
How can rural energy projects help in job How can rural energy projects help in job creation, improved income and business creation, improved income and business opportunities in the countryside and help create opportunities in the countryside and help create rural wealthrural wealth
Why Corporate Social Responsibility activities Why Corporate Social Responsibility activities can be a boon to projects during implementation can be a boon to projects during implementation and not something to be looked post and not something to be looked post commercial operation of the project?commercial operation of the project?
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
70% (approx 750 Million) of India lives in Rural areas
The Rural mindset-
Used to Government doing Projects & Privatisation is bad
By default we have to work in Rural India
Personally, a huge revelation
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
What we can do:
Create Jobs
Enhance Economic activity of that area
Develop skills in that region (Fabrication, Construction etc)
Bring good infrastructure to the area
Create good infrastructure
Add to the Religious (temples) & Social (Community halls, Play grounds) infrastructure
Be a catalyst to bring innovative ideas to the region (Micro Credit, Skill Development centres)
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
WHAT WE DID THROUGH AMBUTHIRTHA POWER:
Create Jobs- Gave livelihood to over 50 breadwinners who in turn collectively impact over 250 people
Enhance Economic activity of that area especially during project construction
Develop skills in that region (Fabrication, Construction etc)
Create good infrastructure for that area- Road Network- Telecom Network- Fuel Depots
Add to the Religious (temples) & Social (Community halls, Play grounds) infrastructure
Be a catalyst to bring innovative ideas to the region (Micro Credit, Skill Development centres)
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
But what we are really proud of :
SOHAM FOUNDATION
- VIDYA VAHANA- VIDYA GANAKA
THE “Nani” INITIATIVE
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
VIDYA VAHANA
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
VIDYA VAHANA
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
VIDYA VAHANA
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
VIDYA GANAKA
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
VIDYA GANAKA
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
“Sunkudamane Electrification”- a NANI Initiative
A tiny hamlet of 35 households
So remote that this area has no lights for years and did not figure in the Next 5 year State Electrification Plan
N.K. Narayan (GM-Projects) popularly known as Nani saw the plight first hand
He identified a Ministry of Non Conventional Energy Sources (MNES) Program-Remote Village Electrification Program (RVEP)
This programs aim is to bring solar lighting to those areas where conventional lighting will not come up in the next 5 years
He single handedly liaised with the Government for 2 years and with the company backing him this hamlet had electricity for the first time in its history in 2007
QuickTime™ and a decompressor
are needed to see this picture.
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
“Sunkudamane Electrification”- a NANI Initiative
A tiny hamlet of 150 people
So remote that this area has no lights for years and did not figure in the Next 5 year State Electrification Plan
N.K. Narayan (GM-Projects) popularly known as Nani saw the plight first hand
He identified a Ministry of Non Conventional Energy Sources (MNES) Program- Remote Village Electrification Program (RVEP)
This programs aim is to bring solar lighting to those areas where conventional lighting will not come up in the next 5 years
He single handedly liaised with the Government for 2 years and with the company backing him this hamlet had electricity for the first time in its history in 2007
QuickTime™ and a decompressor
are needed to see this picture.
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
What is in the Pipeline:
Adopting Village Schools
Deploying Mobile Health Centres
Setting up of Skill Development Centres
Creating a Transportation Service for Aids Infected Children
Expanding the reach for Micro Credit in our project areas
RENEWABLE ENERGY PROJECTS-
A BOON TO THE RURAL LANDSCAPE
Why doing all of this makes Business Sense and should be done while setting up
the project and not, after:
Great “feel good” factor
Great employee motivation tool
Great Employee retention tool
Loads of benefits when local stakeholder supports you
The Government too recognises this and supports various aspects of the project
But there is the “RIGHT” way of doing it
The Promoters:The Promoters:
K. Sadananda ShettyEx Chairman of Vijaya Bank Served on Board of Air India, Was Vice Chairman of Indian Banks AssociationCurrently is President of Renewable Energy Developers Association of Karnataka
Sanjith S. ShettyAn Engineer and Class Valedictorian from The Fuqua School of Business, Duke University, USA A Serial Entrepreneur in field of Manufacture of Alcoholic Beverages, IT Education etc. Currently serving on the FICCI’s National Power Committee
The Key Team Today :The Key Team Today :
M. Balachandran: Has over 40 years of core Banking Sector experience
KGV Murthy- Over 40 years experience in Indian & International projects and Hydro Power companies such as Jaiprakash etc.
B. P. Ramesh- Over 20 years of energy experience with Industry majors such as Tata’s, Wapcos, Bhoruka etc
A Y Shivashankar- Over 30 years of civil engineering experience from KPCL (one of the nations largest power utilities
Lt Col. M Sreekumar- Army veteran with a decade of HR expertise
N K Narayana- Over 17 years of Corporate PR experience
Amrthesh Ariga- Over 15 years of Operating and Maintaining power plants
The Technical The Technical Advisory Board :Advisory Board :
Technical Advisory Board consists of
Dr. Y. K. Murthy, known popularly as the “Father of Indian Dams”
Mr. A. N. Singh, Former Chairman Central Electricity Authority.
Mr. R. V. Chalapathy Rao, Former Dy. Director General, Geological Survey of India.
Mr. K. S. Krishnamurthy, Former Director (Selection Grade), Geological Survey of India, Govt. of India.
Mr. J.Philomen Raj, Former Chief Engineer, Karnataka Electricity Board
Operating Projects :Operating Projects :Mahatma Gandhi Tail Race Scheme: A 22 MW hydro project downstream to South East Asia’s largest waterfalls
Has all large hydro features such as 25m high 130m long dam, 3 km long tunnel, 40m deep Surge Shaft, Inclines Steel lines Pressure Shaft at 55 degrees to ground, Power House, Transmission lines etc
Zero displacement of people
Minimal requirement of Forest land
One of the highest PLF’s in South India
Power being sold via unique Captive sale arrangement to large MNC
Project registered under United Nations for CER’s and being sold to Japans 2nd largest utility, Chubu Electric
Projects Under Construction :Projects Under Construction :
Manapitlu Mini Hydel Scheme:
A 15 MW hydro project
Will be commissioned by July 2008
Has all structures such as Intake structure, Dam, RCC water conductor system, Power House, Pooling station, Transmission lines etc
Minimal displacement of people
Minimal requirement of Forest land
Process for registering under United Nations for CER’s already begun
Projects Under Implementation:Projects Under Implementation:Mahadevapura Hydro Electric Project (HEP)
Mulibettu Hydro Electric Project (HEP)
Kolavuru Hydro Electric Project (HEP)
Kilanjara Hydro Electric Project (HEP)
Hosangadi Hydro Electric Project (HEP)
Nekkiladi Hydro Electric Project (HEP)
Devaragadde Hydro Electric Project (HEP)
Talakallale Hydro Electric Project (HEP)
Sampladi Hydro Electric Project (HEP)
Kadavinakatte Hydro Electric Project (HEP)
OUR
VALUES
THANK YOU