CASE STUDY: DYNAMIC CABLES

Dynamic Cables Limited is a flagship company of the renowned MANGAL GROUP OF COMPANIES based at Jaipur, and is engaged in the manufacturing of all types of electrical cables and overhead conductors to meet the market needs in India and overseas. The organisation is strengthened by their philosophy of product excellence, customer satisfaction and technological advancement for over 30 years.

Sustainability too is one of their core values and the company has always been responsible when it comes to managing its carbon footprint. As a result, over the last few years, the company has been actively looking at rooftop solar as a possible means to reduce its carbon footprint. This is where SafEarth came in and helped make their dream become a reality on 10th Septemeber 2019. The Rooftop installation of 1200 kW has helped Dynamic Cables reduce 1710 tonnes of CO2 emissions a year.

Project Details

CharacteristicsValue
Size800 kWp + 400 kWp
Commercial Operation Date (COD)10th September 2019
Modules UsedVikram 330 Wp
Inverters UsedABB
Business ModelCAPEX
Execution Time5 months
Annual Generation1800000 kWh
CO2 Reduction1710 tonnes
Levilised Cost of Energy (LCOE)< Rs. 3/-

Graph of Total Annual Savings

The project closed with significant benefits to the off-taker and the company stands to save upwards of 1 crore with the installation of the rooftop solar system by SafEarth.

Project Work Flow

SafEarth is proud to be a part of this journey. This is how we helped their transformation:

Project Design: 

Upon signing Dynamic Cables, SafEarth first visited the site and made a detailed engineering report for the project. The designed system optimized the generation and the return on investment of the plant. Best industry practices have been used in this system.

Vendor Selection: 

SafEarth team then selected 12 vendors from the companies registered on our portal. All these companies are industry leaders.

Online Auction:

These companies were given a week to review the Detailed Engineering to help them ascertain their costs up to 99% accuracy. They then participated in an Online Reverse Auction on our Platform.

Graph of Auction Analysis

Negotiations:

After the auction, Dynamic Cables selected 3 vendors from the 12 participating vendors and held final discussions with these vendors. We worked with them to iron out various terms and conditions of the contract to arrive at a Win-Win scenario. This ensured protections for the client as well as the vendor.

Installation:

After the closure of the financing negotiations, the Vendor installed the plant on the roof of the industry following the best in industry practices. The plant has been set up using premium components and has been designed for top-grade performance.

Source

Quality Assurance by SafEarth:

Before Commissioning and Handing over the plant, SafEarth quality team visited the site and identified any punch points related to the project. The plant was handed over only after resolving these punch points. 

Operations and Maintenance:

The O&M for the plant is now being done by the Vendor. The contract sets out clear benchmarks against which the output of the plant will be evaluated. 

Number of Bidders12
Total Number of Bids53
Opening Bid (Rs./kWp)40000
Closing Bid (Rs./kWp)30000-35000
No. of Bidders Matching L13
Auction Summary

Final Outcome of Project

SafEarth has helped Dynamic Cables reduce its carbon footprint by 1710 tonnes per year of CO2 equivalent and save over 65% of their electricity bills in the process. The Company was able to get the best quality solar plant without having to worry on any aspect of the project and as a result, they have awarded additional projects to SafEarth.


Ready to buy a solar system? Join us on our SafEarth Platform to get the best quality and prices for your system!

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