CASE STUDY: GOLCHA ASSOCIATED

Golcha Associated as a group has grown over the years with an unwavering spirit of integrity. Great dynamism and diversification have helped them brave the odds of the harsh terrain of Rajasthan and emerge victorious through troubled times. For generations the group has grown leaps and bounds to achieve great heights.

Today, Golcha Associated is creating history. From being a pioneering force in the Indian Talc mining industry to being one of the pioneers of cinemas in India. 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. The Ground-Mounted Open Access Solar installation of 5000 kW has helped Golcha Associated reduce 7125 tonnes of CO2 emissions a year.

Project Details

CharacteristicsValue
Size5 MW
Commercial Operation Date (COD)5th April 2019
Solar Panels UsedTrina Solar 340 Wp
Inverters UsedABB (1000kW)
Business ModelCAPEX
Execution Time9 months
Annual Generation8000000 kWh
CO2 Reduction7125 tonnes/year
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 2 crores 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 Golcha Associated, 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 8 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, Golcha Asociated selected a vendor from the 8 participating vendors and held final discussions with this vendor. 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.

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 Bidders8
Total Number of Bids29
Opening Bid (Rs./kWp)44000
Closing Bid (Rs./kWp)35000-38000
No. of Bidders Matching L11
Auction Summary

Final Outcome of Project

SafEarth has helped Golcha Associated reduce its carbon footprint by 7125 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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