STRESSes

Geothermal Technology

What is geothermal technology? In a conventional system, the cooling tower of an air

conditioning plant sucks out the heat from an enclosed space, and ejects it into the environment. The technology GIBSS has designed uses instead a heat exchanger system to deflect the heat into the earth's crust. As the temperature just a few meters below the earth's surface is much lower than that of the air above, the energy transfer is more efficient, reducing power consumption.

GEOTHERMAL HEAT IN HYDERABADThe Hyderabad-head-quartered Indian School of Business (ISB) opened a new campus in Mohali, near Chandigarh, on April 2015 . The air conditioning system in the campus buildings, spread over 70 acres, has been so designed as to save 1.2 million kilowatt hours of power. The financial saving on power alone will be Rs. 87.16 lakh annually.It will be a similar story at the Four Seasons Hotel in Mumbai once its new air conditioning system is installed. The hotel's monthly power bill, currently over Rs. 40 lakh, is expected to drop to Rs. 10 to 15 lakh.

GEOTHERMAL HEAT

PUMP

WORKING PRINCIPLE

PLANT INSTALLATION

• CEO

• CFO

• EXPERTISE--2

STRUCTURE OF ORGANIZATION

COST ANALYSIS

S.N.

DESCRIPTIONS VERTICAL INSTALLATION(100 ft deep)

HORIZONTAL INSTALLATION(80 ft*38 ft*6 ft=516m^3)

1. Heat pump 10*30000 10*300002. Total pipe cost 850*120

=1020001000*120=120000

3. Excavation cost 4*100*250/ft=100000

516*175/m^3=90300

4. Total cost 502000 510300

PREQUISITESS.N.

REQURIMENTS SUPPLIER RATE(Rs.)

1. HEAT PUMP Geothermal india Pvt . Ltd 50000/per unit

2. PIPE Jain pipe suppliers,delhi 120/foot

3. EXCAVATION Rana Pratap ,earth movers,delhi

175/m^3

Considering bank loan repayment rate of 10%Now,

P=A[(1+i)n-1]/[i(1+i)n]

P=A[]A=P/8.5A=502000/8.5A=59058.82

Now,In the first year we will be taking a loan of 502000*200/10= 10040000In the second year loan of502000*300/10= 15060000In the 3rd year loan of502000*400/10= 20080000In the 4th year loan of502000*400/10= 20080000

LOAN CALCULATION

• Average monthly electricity bill=4000• Efficiency of our heat pump in rate cutting= 40%• Customers shall pay 75% of their savings on monthly

basis• Monthly revenue r = (75/100)*(40/100*4000)= 1200• Now, • R1= (1200*200)*12= 2880000• R2= (1200*300)*12= 4320000• R3= (1200*400)*12= 5760000• R4= R4= R5= R6= R7= R8= R9= R10= 5760000

CALCULATING YEARLY REVENUE FROM EACH

INVESTMENT

CFD position

Year Beginning

Loan Amount to be paid annualy(A)

No. of houses

0 1st 10040000 1181176.4

200

1 2nd 15060000 1771764.7

300

2 3rd 20080000 2362352.9

400

3 4th 20080000 2362352.9

400

‘’ ‘’ ‘’ ‘’ ‘’9 10th 20080000 2362352

.9400

INVESTMENT TABLE

Net annual income from each investment(I)1698823.62548235.33397647.13397647.1

3397647.1

High Availability FactorPermanent Employment

Local/National development firmsInexhaustible Long Term Energy

SourceConstant source of energy

independent on the weather and climate conditions

Can be used for heating and cooling purposes and production

of electricity

Low electrical efficiencyHigh investment costComplicated licensingMedium-high payback

periodSignificant land utilization

High degree of specialization needed

STRENGTH WEAKNESS

SWOT ANALYSIS

Free energy sourceGenerally unexploited potential

Large potentialLocal availability of additional resource for the local economy

Long-term exploitation possibility (up to 50 years)

Cost competitiveness to other renewable energy technologies

Environmental hazardsCompetitive resource useIndividual wells may cool down or run out of water

OPPORTUNITIES THREATS