Shyam Ferro Alloys Ltd, is the leading Manufacturer – Exporter of Ferro Alloys and has manufacturing units at Burdwan( W.B), Durgapur (W.B) and Visakhapatnam ( Sundaram Alloys Ltd). It was established in 1995 and has experience of 25 years in steel, alloy steel and stainless industries with a beautiful track record of manufacturing quality products in India. They are also using the best quality of raw material including Manganese Ore procuring from the different parts of the world specially from Australia, Gabon, South Africa, Brazil etc.
They are manufacturing different grades of silicon manganese i.e, normal carbon , medium carbon and low carbon silico manganese , different grades of ferro manganese i.e, high carbon , 2% carbon , 1.5% carbon , 1% carbon , 0.5% carbon and 0.1% carbon, Ferro chrome and Stainless Steel (200,300 & 400 series) in Billets, Round Flat Format.
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 Rooftop OPEX Solar installation of 3100 kW has helped Shyam Ferro Alloys Ltd reduce 5642 tonnes of CO2 emissions a year.
Project Details :
| Characteristics | Value |
| Size | 3100 kW |
| Commercial Operation Date (COD) | June 2022 |
| Type | Rooftop |
| Financing Mode | OPEX |
| Execution Time | 5 Months |
| Annual Generation | 4,558,000 kWh |
| CO2 Reduction | 5642 Tonnes |
| Levelized Cost of Energy | > INR 1.7 / kWh |
*Graph of Total Annual Savings
The exact details are confidential. This is for visual representation only
The project closed with significant benefits to the off-taker and the company stands to save upwards of with the installation of the rooftop solar system by SafEarth.
Project Workflow
SafEarth is proud to be a part of this journey. This is how we helped their transformation:
Project Design:
Upon signing with Shyam Ferro Alloys Ltd, 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:
The SafEarth team then selected 10 pre screened vendors from the companies registered on our portal. All these companies are industry leaders. These companies were given a week to review the Detailed Engineering to help them ascertain their costs up to 99% accuracy. After that they selected a vendor from the 10 participating pre screened 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:
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, a project go through multiple quality checks i.e., at the initial phase of the project, during installation and before commissioning. The SafEarth quality team visited the site and identified any punch points. 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.
Final Outcome of Project
SafEarth has helped Shyam Ferro Alloys Ltd reduce its carbon footprint by 5642 tonnes per year of CO2 equivalent and save over 80% of their electricity bills in the process. The Company was able to get the best quality solar plant without having to worry about any aspect of the project and as a result, they have awarded additional projects to SafEarth.
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