4. OUR LEGACY
Hero Group is a US$ 10 billion and one of the most respected industrial
conglomerates of India. ‘Hero’ has grown to be an iconic household name since the
1950’s. The key businesses of the Group include: Automotive manufacturing,
Services businesses, Auto-ancillary, Education, BPO and Renewable Energy.
4
AUTOMOTIVE RENEWABLESINFRASTRUCTURE
IT SERVICES EDUCATION CORPORATE FINANCE
5. BUSINESS OVERVIEW
We are India’s one of the top ten Independent Power Producers (IPP) in renewable energy. Our
core business involves adding capacities through successful implementation of wind, solar (Grid
connected) and rooftop solar projects in India.
RE TECHNOLOGIES
EMPLOYED
BUSINESS
STRATEGY
POWER
SALE
WIND
SOLAR PV
SMALL HYDRO
NEW/HYBRID
ROOFTOP SOLAR
Organic growth
Inorganic growth
CAPEX / OPEX
(Energy sale) model
PPA with Central
Agency/State Discom
Captive/Group Captive
Customer
PPA with 3rd Party/
Power Exchange
Industrial/ Commercial/
Government
OUR MISSION
To become a leading
Power Generator of
Gigawatt scale,
consistently deploying
best-in-class Green
Technologies,
Attracting and
Empowering the finest
talent to emerge as
India's most Valuable
and Respected
Renewable Energies
Company, committed to
serving Domestic and
International clientele.
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6. OUR CAPACITY DOUBLED Y-O-Y
OCTOBER
2012
Hero Future
Energies Ltd.
Incorporated
MARCH
2013
Commissioned
first wind project
of 37.5 MW
MARCH
2014
Commissioned 24 MW
wind project in
Maharashtra
Acquired 16.8 MW
wind project in
Tamil Nadu
Commissioned first
rooftop solar project
MARCH
2015
Commissioned 130 MW
wind Rajasthan (80 MW)
& Karnataka (50 MW)
30 MW solar PV
commissioned in grid
in Madhya Pradesh
AS ON DATE
WIND PROJECTS
200 + MW under
construction across 3
states in India
250 + MW under
development
SOLAR PROJECTS
300 +MW under
construction
200 +MW under
development
37.5
MW
78.3
MW
238.3
MW
360
MW
IN PIPELINE
350 + MW of
wind
IN PIPELINE
690 + MW of
wind
IN PIPELINE
1000 + MW of
wind
500 + MW of
solar
8. ROOFTOP SOLAR IN INDIA TO TAKE A
MAJOR LEAP
• Over the past three years, the rooftop solar market in India has grown at a compounded annual
growth rate of 90%
• As of March 31, 2016 the cumulative installed capacity stands at 740 MW
• Tamil Nadu is the leading state with rooftop installations of over 76 MW
• Around 87% of all rooftop capacity in India is based on the CAPEX model while about 13% (102
MW) is based on the OPEX/ RESCO model
• Total installed capacity in the residential segment is 143 MW or 27% of the total market
• The residential market is highly fragmented and dominated by local companies
• The key challenges that the government needs to address is to streamline net metering
processes across states and enforce timelines
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9. PROJECT ECONOMICS | INDUSTRY
TAX BENEFIT FROM ACCELERATED DEPRECIATION
As per rule 5(1A) of Income-tax rules, 1962 a taxpayer is allowed to claim
depreciation on its solar assets at 80% (rate of depreciation under ‘APPENDIX
IA’)
Enables to offset tax payments in profit making companies
Your initial investment is recovered very fast
MANDATORY ROOFTOP POLICY - HARYANA
Mandatory for all buildings to install solar PV depending on the connected load
Percentage of solar PV capacity varies from 5% to 3% of the connected load
For industrial customer with connected load more than 1000Kwp it is mandatory
to install minimum 50Kwp plant or 3% which ever is more
Compliance to be done by 15th September 2015
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Useful life of solar
system 25 years
Capital Cost of
100Kwp GC System
INR 6.5 mn
O&M charges
0.2
Million/100Kwp/yr
with escalation of 5
% yearly
Depreciation
80% in the first
year
Average generation
0.13 to 0.14 Million
units annually
11. OUR STRENGTHS
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EXPERIENCED TEAM
Multi disciplinary team exposure in various
renewable verticals and across functions
PROJECT DEVELOPMENT
Timely completion and quality execution
O & M
O&M support for project life
DESIGN & ENGINEERING
In house team for complete design and
engineering Partnership with top consultants
in renewable sector
PROCUREMENT
Relationship with global suppliers across
technologies and value chain
RELIABILITY
Realistic site assessment and
top-notch Workmanship
CUSTOMIZED SOLUTIONS
Ability to customize solution as per the
requirement of user and state of the art
performance monitoring solutions
12. TYPICAL TIME FRAME* FOR 100
KWP SYSTEM
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* Time frame varies based on selected equipment and
system size
DAY 15
Site Survey by
HFE and
General
Discussion
Submission of
Techno-
Commercial
Proposal by
HFE
Release of Work
Order by
Customer
Detailed
Engineering
Engineering
Drawing/Make
Approval from
customer
Material Supply/
Project
Execution/Appro
vals & Permits
Commissioning
& Testing
O & M work
DAY 45 DAY 55 DAY 100 DAY 120
TYPICAL AREA
REQUIREMENT
for 100 KWP
system is 1000 –
1200 m2
13. PROJECTS – ROOFTOP SOLAR
13
total capacity
~15 MW
SPECIAL ROOF
(INVERTED TRUSS)
RCC ROOF
INDUSTRIAL SHED
16. PROJECT - NISE
16
Headquarters for
International Solar
Alliance (ISA)
System Capacity
151 KWp
Special roof
Space frame structure
Commissioning time
Record time of 20 days
Roof is 20 mtrs above the ground (6th
floor)
There was no support from roof available
Module mounting had to be done
through clamp which were specially
designed for the structure
Clamps had to be light in weight which
the existing structure could hold and also
withstand wind velocity of 170 Km per
hour
Structure design and fabrication took
around 10 days
CHALLENGES
Since the space frame was elliptical in
shape, module orientation had to
change after every 1.5mtrs
Dedicated team to ensure module
alignment is maintained at all levels
SOLUTION
18. PROJECT - BARMALT
18
Manufacturing unit had truss as its base
structure
Module mounting structure had to be
mounted over the base structure
Customised structure design and
fabrication to match the span of base
structure was done
There was no provision of foundation
available.
Wielding was the only solution and it has
to be done at site
CHALLENGES
On site wielding of structure with existing
base structure was done under provision
of HFE project team
Team ensured alignment of structure and
modules so that aesthetics is maintained
SOLUTION
Barmalt Malting India Pvt
Ltd
Installed Capacity
150 Kwp
Special roof
Base Truss structure
20. PROJECT – POWER GRID
20
Headquarters of Power
Grid Corporation
@Gurgaon
System Capacity
50 KWp
Special roof
Car ramp structure
To be installed on the car parking ramp,
without any vertical support in between
members
As the height of structure from ground
was 17 Mtrs, special design analysis
was done, for panels to withstand the
wind velocity of 170 km/hr
Special requirement for continuous
member without welding had to be used
to maintain plant (Span of member – 7
meters)
Being a parking ramp, use of any
vertical post in between members were
not allowed
CHALLENGES
Fabrication of structure for continuous
span of members required special
manufacturing facility
Specific structure members were
designed
Team conducted thorough analysis &
external support was referred for
designing of members
Being a prestigious project and HFE
brand, there were no compromise in
quality
SOLUTION
22. PROJECT – HMC JAIPUR
22
Hero Moto Corp
@Jaipur
System Capacity
450 KWp
Special roof
RCC roof
Elevated structure with 2.5 mtr clearance
above the roof was made to accommodate
existing equipment on the roof
3* 5 Module matrix was used due to limited
space and it offered only two vertical support
Anchoring solution with foundation was used
to ensure stable structure and withstand wind
velocity of 200 km/ hr
CHALLENGES SOLUTION
State of Art R&D centre
RCC Roof fully occupied with chillers and
other equipment
Solar to be installed considering all the
equipment's
Aesthetics of the building to be given due
consideration
24. HERO FUTURE ENERGIES PVT. LTD.
(A Hero Group Company)
202, Third Floor, Okhla Industrial Estate, Phase – III,
New Delhi- 110020. India .
www.herofutureenergies.com
