Prepared a successful pipeline development strategy for a leading renewable energy generation co.

• Client description: A leading renewable energy player in India having a diverse portfolio of solar and wind energy plants
• Opportunity: The client wanted to develop a pipeline development strategy to establish its growth targets and understand the kind of renewable energy projects it should target in different regions, as well as expedite its project portfolio growth

• Identified the current installed capacity of solar and wind energy plants in India. We also assessed the growth potential of installed capacity of RE plants and estimated the % of the total growth that can be catered to by the client, by considering its operational capabilities and expected investment by PE funds
• Prepared a detailed project assessment framework and the necessary analytical tools to evaluate new projects at different stages of development
• Developed an operating model to source new projects, evaluate, discuss the pipeline with management regularly and assess investments across the portfolio
• Created a project economics assessment toolkit along with the process and implementation of regular pipeline reviews
• Assessed the expected change in per-unit rate for energy produced in future PPAs and created a dynamic unit economics model to ascertain the effect on the profitability of RE power plants to be developed in future

Key Insights / Outcomes

• The client identified >5 GW worth of potential projects over the next 3 years with a potentially best in class project IRR
• The client was also able to implement pipeline development in a nimble and scalable manner