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Solar Project Profile

This document provides details about Dr. Chandrashekar Rao's plan to install solar panels at his ayurvedic herbals clinic in Udupi, India. Dr. Rao aims to reduce electricity costs through solar energy in order to provide more affordable treatment. The project will cost 54.4 lakh rupees, funded through a 10.9 lakh rupees contribution and 43.5 lakh rupees bank loan to be repaid over 7 years. A feasibility report confirms the project's ability to repay the loan on time by reducing electricity bills through solar power.

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30 views5 pages

Solar Project Profile

This document provides details about Dr. Chandrashekar Rao's plan to install solar panels at his ayurvedic herbals clinic in Udupi, India. Dr. Rao aims to reduce electricity costs through solar energy in order to provide more affordable treatment. The project will cost 54.4 lakh rupees, funded through a 10.9 lakh rupees contribution and 43.5 lakh rupees bank loan to be repaid over 7 years. A feasibility report confirms the project's ability to repay the loan on time by reducing electricity bills through solar power.

Uploaded by

drcsraoclinic
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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PROJECT REPORT

DR. CHANDRASHEKAR RAO


ANAAMAYA HERBALS
9/4/38 SHRI KRISHNA SAURABHA,
K M MARG,
UDUPI
ABOUT THE PROMOTER:

Dr. CHANDRASHEKAR RAO

Dr. Chandrashekar Rao, S/o Vijaya Kumar H, is a famous medical professional in

ayurvedic herbals, hails MD in Panchakarma and practicing panchakarma in Anaamaya

chikitsalaya, 9/4/38 Shri Krishna Saurabha, K M Marg, Udupi. He is known for his

effective service at affordable cost. Hence, has attracted a large number of persons for

best treatment. He has a very good client base. To provide effective service at a most

affordable price Dr. Chandrashekar Rao decided to install solar panels which is the

source of renewable energy to reduce the electricity charges and hence reduce the

overall cost.
PROJECT SCOPE AND DETAIL

Solar energy can be utilized to generate electricity using solar panels and solar

cells. This solar power is one of the major sources of renewable energy or green energy

on earth. Since solar power has many applications in various fields of technology and

every day-to-day activities,

The energy produced by the sun and received by Earth in one hour is strong

enough to meet global energy needs for almost a year. Solar energy exists in two forms;

humans can utilize heat and light, and both of them. Solar power can also cause

chemical reactions and generate electricity. Harnessing and using solar energy are some

of the significant ways of achieving a clean future. As the green market is growing in
many countries, solar power’s share is also becoming a big part of sustainable

development.

COST OF THE PROJECT

Total cost of the project is estimated a Rupee Fifty Four Lakhs forty thousand and five

hundred, the detailed break up are as follows:

Sl No Particulars Amounts (Rs)

1 Solar Panels 22,19,100.00


2 Installation material and charges 32,21,400.00
TOTAL 54,40,500.00

FUNDING

Sources of funding are as follows:

Sl No Particulars Amount (Rs.)


1 Own Contribution 10,90,500.00

2 Bank Term Loan 43,50,000.00

TOTAL 54,40,500.00

The term loan is required for a period of 84 months, repayable in 84 Equated


Installments.
SECURITY

Primary security shall be the Solar Panels financed under the project.

FEASIBILITY – PROJECT REPORT

The detailed Project Report is enclosed. It is evident that the project is feasible and

will be able to repay the bank liabilities in time.

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