Presentation by Gading Kencana Sdn Bhd

SEMINAR ON INVESTMENT OPPORTUNITIES IN HEALTHCARE, HOSPITALITY AND
GREEN TECHNOLOGY
TOPIC : SUCCESS STORY OF GADING KENCANA
20 OCTOBER 2015
COMPANY BACKGROUND
GADING KENCANA SDN BHD
Company ID
270511-H
Address
2-06-2, Blok 2, Presint Alami, Persiaran
Akuatik, Seksyen 13, 40100 Shah Alam,
Selangor
Telephone No
03 - 5513 9888
Incorporation Date
20 July 1993
Website
www.gadingkencana.com.my
Managing Director
Dato’ Ir Muhamad Guntor Mansor Tobeng
Authorized Capital
RM25,000,000
Paid Up Capital
RM 17,000,000
Ownership
100% Bumiputera
ISO & OHSAS Certified Energy Service
Company
OVERVIEW OF GADING KENCANA SDN BHD
 A Renewable Energy & Energy Efficiency Company
 Certified Approved Photovoltaic Service Provider
(APVSP) by KETTHA
 Registered with:
 CIDB – G7
 Ministry of Finance
 Energy Commission (Electrical Contractor)
 Energy Commission (Energy Services Company)
 ISO 9001:2008 & OHSAS 18001:2007
RENEWABLE ENERGY
Source : Ir. Ahmad Hadri MBIPV
8MW SOLAR SYSTEM
CONNECTION TO THE GRID
CONNECTIVITY TO 33KV
PROJECT HIGHLIGHTS
Details
Solar System Capacity
8 MegaWatt
Solar Modules Used
29,092 Pcs
Solar Inverters Used
390 Nos
Cables
DC 6mm:
24 km
AC Inverter to Feeder Pillar 5 Core 10mm:
26 km
AC Feeder Pillar to MSB:
25km
AC Switchgear to PPU 4 core 185mm:
4km
Manpower
230 pax
Electricity Generated Per Year
10,120 MWh
Land Size
17.7 Acres
Total Project Value
RM84 Million
Registered Address
Kompleks Hijau Solar,
Jalan Solar 1, Bandar Hijau, Hang Tuah
Jaya, 75450 Ayer Keroh, Melaka
COST OF DEVELOPMENT
Infrastructure
Work
2%
Main Access Road
3%
Land
5%
Electrical and Mechanical for
Main Building
1%
Main Building Works
Balance of System
1%
0%
Preliminaries
5%
Site Clearance & Earthwork
8%
Solar Panel
42%
Solar Inverter
10%
Electrical System For
Solar Panel
11%
Solar PV Mounting
Structure
12%
PROGRESS REPORT
No
Description
Year 2012
Q1
1
Registration of REPPA with SEDA
2
Corporate Negotiations &
Agreements
3
ST Public License (Provisional)
4
Appointment of Consultant
Preparation for Engineering Design
5
Engineering Design & Application
for Development Order
6
Financing Agreement(s)
7
Construction Work Start
8
First Payment Contractor
9
Construction Completion
11
FiT Commencement Date (SCOD)
Q2
Q3
Year 2013
Q4
Q1
Q2
Q3
Year 2014
Q4
Q1
Q2
Q3
Q4
MILESTONES OF THE PROJECT
DATE
MILESTONES
09 December 2011
Received Feed-In Approval from
SEDA
06 November 2012 Loan Offer Issued By SME Bank
15 August 2013
Approval from MPHTJ
1 October 2013
Project Commencement
31 October 2014
Project Completion
11 December 2014
Initial Operation
23 December 2014 FIT Commencement
31 December 2014 Issuance of Completion and
Compliance Certificate (CCC)
24 February 2015
First FIT Income Received
INSTALLATION PROCESS
BEFORE
DURING INSTALLATION
AFTER
SYSTEM SIMULATION
SYSTEM SIMULATION
ACTUAL ENERGY YIELD STUDY ANALYSIS
Total energy yield for 8MW
1,200,000
1,000,000
Energy (kWh)
800,000
621.81 MWh
600,000
400,000
200,000
0
•
Jan
Feb
Mar
Apr
May
June
Jul
Aug
Sept
Actual energy (kWh)
964,788
1,028,528
1,089,838
1,015,557
968,116
937,919
960,499
1,004,351
824,578
Expected energy (kWh)
933,700
973,800
1,011,000
953,700
888,500
870,800
877,600
889,100
895,800
Oct
Nov
Dec
The solar farm is required to produce at least 621.81MWh per month in order to pay for monthly loan repayment
AVERAGE SOLAR IRRADIANCE DATA FOR
MALACCA | (2007 – 2010)
kWhm-2/month
180.00
160.00
158.34
140.00
120.00
102.68
100.00
80.00
60.00
40.00
20.00
0.00
Jan
Feb
Mac
2007
Apr
May
2008
June
July
Aug
2009
Sept
Oct
Nov
Dec
2010
Source of Data:
1) Malaysia Meteorological Department ( Source :http://www.met.gov.my)
2) Photovoltaic Monitoring Centre, University Teknologi Mara (PVMC-UiTM)
3) Meteonorm ( Source: http:// www.metenorm.com)
4) NASA ( Source: http: //eosweb.larc.nasa.gov/sse/)
GBI CERTIFICATION
BENEFITS
• Creation of 230 highly skilled and high income Jobs for Malaysian Citizens
• Spin off business opportunity of RM 100.0 Million to local contractors and
consultant
• Reduction of Carbon emission by 136,729 tonnes
• Support government policies in EPP9 in achieving 1.25GW RE connected
to the grid by 2020
16
BENEFITS
• Export potential for Malaysian Solar Photovoltaic Industry products &
services
No
Country
Product
Quantity
Amount
RM(Million)
1
2
Saudi Arabia
Brunei
Utility Scale Solar Farm
Solar Farm on Land Field
50 MW
10 MW
500.0
100.0
3
Indonesia
Solar Farm In Lombok
8 MW
80.0
4
Djibouti
Solar Home System for 1000 use
2 MW
20.0
5
Kenya
Solar Home System for 5000 House
2 MW
20.0
6
Indonesia
Solar Farm In Jakarta
2.0 MW
20.0
7
Turkey
Solar BIPV
1 MW
10.0
8
Uganda
Solar Home System 1000 Set
0.5 MW
5.0
9
10
Mauritius
Ghana
Solar Off Grid
Solar Lantern Light 1000 Pcs
0.10 MW
0.10 MW
1.0
0.9
75.7 MW
756.90
TOTAL
17
PILIHAN TEKNOLOGI SOLAR PV
Thin Film
Mono
Crystalline
Poly
Crystalline
HIT
103.15
kWh/m2/y
170.00
kWh/m2/y
160.36
kWh/m2/y
197.63
kWh/m2/y
PROSES PERLAKSANAAN PROJEK
PROJEK BATAL
MOHON SEMULA
TOLAK
MOHON
ATAS
TALIAN
PENILAIAN AWAL
OLEH SEDA
PENGESAHAN
SAMBUNGAN TNB
LULUS
PERMOHONAN LESEN
FiT DAN PENYERAHAN
DOKUMEN
CADANGAN
REKABENTUK
SAMBUNGAN OLEH
TNB
LULUS
PEMBINAAN
SISTEM
SOLAR
TANDA TANGAN
PERJANJIAN JUAL
BELI TENAGA (REPPA)
SEDA KELUAR SIJIL
FiT
CABUT UNDI
TOLAK
TAMAT
GAGAL
TAMAT
PEMBELIAN
METER
SOLAR DARI
TNB
PEMASANGAN
METER & UJIAN
AWALAN DGN
TNB
PENGUJIAN &
PENTAULIAHAN
BERSAMA OLEH
TNB, SEDA ,GKSB
6 BULAN
BACAAN
METER
PERTAMA
BAYARAN
PERTAMA
POTENSI RISIKO PROJEK
BANGUNAN KOTA CEMERLANG,
KUMPULAN MELAKA BERHAD.
10kWp TAHUN 2011
 Kemalangan fizikal (pecah, retak) atau
kecelakaan (bencana alam)
 Kecekapan sel solar dan komponen yang
menurun
 Faktor cuaca yang mendung, hujan, jerebu,
 Perpindahan
 Perbuatan khianat seperti vandalisme dan
sabotaj
 Terputus sambungan ke grid
OTHER BENEFITS
COOLING EFFECTS ON BUILDING – SOLAR PANELS ACT AS ROOF SHADE
This will reduce energy consumption used by cooling mechanism such as air conditioners.
THERMAL IMAGES OF A ROOF CEILING: UNDER FLAT PV ARRAY, UNDER TILTED PV ARRAY,
UNDER EXPOSED ROOF
Research by: University of California, San Diego
KELEBIHAN KEPADA SYARIKAT
 Perjanjian Pembelian Tenaga Baharu (REPPA)
WISMA G&P, CHERAS,
KUALA LUMPUR
selama 21 tahun
 Pulangan atas pelaburan 14% - 18% setahun
 Pengurangan pelepasan karbon sebanyak
391,230 tan
 Projek ini menyokong inisiatif kerajaan - EPP10
 Meningkatkan ekuiti sektor SME dalam industri
Tarif Galakan Solar
 Penjanaan sumber pendapatan jangka panjang
yang lestari
SYARAT PERMOHONAN
 M&A merangkumi; “menjana tenaga dari sumber
Tenaga Baharu dan menjual tenaga ke talian grid”
 Bagi kuota <72kWp, saham berbayar minima RM20,000
 Bagi kuota >72kWp, saham berbayar minima RM50,000
 Pemilikan oleh warga negara Malaysia
 Gading Kencana Sdn Bhd sebagai “service provider”
 Pemasangan di bangunan komersil atau industri
 Premis sendiri, atau pajakan bumbung 22 tahun
 Mempunyai surat tawaran pembiayaan daripada
institusi kewangan semasa mohon kuota
INSENTIF DANA PEMBANGUNAN
PROJEK SOLAR
 GTFS, jaminan pinjaman 60% dan diskaun 2%
2000kWp INTEGRATED
PEPS-JV (M) SDN BHD, BATANG KALI, SELANGOR
kadar faedah.
 Tax Incentives 100% for 10 years
MODAL DAN PENDAPATAN
PELAN TINDAKAN
ITEM
OCT
2015
NOV
Perbentangan Cadangan Projek
Taklimat Kepada Koperasi
Cadangan Pindaan Perlembagaan
Kelulusan Pindaan Perlembagaan
Pengumpulan Dokumen
Mewujudkan Profil
Proses CCC & PSS oleh TNB
Aplikasi Online + Bayaran Prosesan SEDA
15.10
23.10
30.10
1.11
1.11
Non Individual Quota < 425 kwp
30.10
2016
DEC
30.11
4.12
4.12
30.11
7.12
JAN
15.1
17.1
FEB
19.2
19.2
Non Individual Quota > 425 kwp
i) Submit Document
ii) Profile Creation
iii) Technical Evaluation
iv) KeTTHA Final Evaluation
23.11
30.11
4.12
4.12
7-10 Dec
Jan 2016
TERIMA KASIH