MEITNERIUM TECHNOLOGIES – Company Profile
MEITNERIUM TECHNOLOGIES, is a unique emerging company with a high technical focus, and
provides “One Stop” solutions in the Power Sector including conventional and Non Conventional
Energy. “MEITNERIUM TECHNOLOGIES” is committed to provide technically best with cost
effective solutions to its esteemed customers. Our Company is driven by quality experience of
power professionals having years of experience in Engineering, Design, Procurement,
Erection/Commissioning, O&M of Mega Power Projects in India with state of the Art
Technologies.
MEITNERIUM has moved up the value chain from being a key player providing customised
Solutions in offering integrated turnkey solutions. Today Meitnerium provides a full range of
services that addresses your every need for integrated solution. No matter what your platform,
or how complex your technology needs, Meitnerium has the expertise to drive both business and
technology strategies forward. The value proposition offered by Meitnerium is simple, industry
solid solutions backed by a team. Meitnerium has in-house capabilities and expertise to offer All
types of turnkey solutions .
Meitnerium Technologies || www.meitnerium.in || Kukatpally Hyderabad-500072
SOLAR :-
The sun is an inexhaustible energy source. MEITNERIUM plays a leading role in harnessing the
power of the sun to help conserve fossil fuels, reduce pollution and lower the total cost of doing
business and living in an increasingly energy-hungry world.
Our Solar Business Vertical provides EPC solutions for building Solar Power Plants based on
Photovoltaic (PV) technology and Concentrated Solar Power (CSP) Technology (Grid Connected as
well as off Grid). The Solar Business vertical provides complete EPC solutions for Solar Power
Generation including Site evaluation, Design for Solar farms, HT/LT Panels, Inverters,
Instrumentation, Power Evacuation, Power distribution as well as Operation & Maintenance.
MEITNERIUM provides you cost effective, reliable O&M for solar energy projects utilizing a large,
wide spread network of skilled manpower across the country.
Our EPC group has a very wide range of portfolio covering the entire Life cycle of Industrial Plants as a
Turnkey Project executing Consultancy in following fields:
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Basic Engineering
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Detail Engineering
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Construction Engineering
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Customised manufacturing
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Procurement
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Logistics & Transport
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Civil & structural construction
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Mechanical erection
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Electrical installation
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Testing & Commissioning
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Modernisation of Plants
Meitnerium Technologies || www.meitnerium.in || Kukatpally Hyderabad-500072
Our Expertise
Teja
Masters in Power Electronics with 3 International Research Papers and one International Patent, also
having 4 Years of Core experience and Hands on experience in Analysis, evaluating and developing of
solar energy systems with 52 MW On Grid Solar Power Plant Projects and more than 500 KW Domestic
OFF Grid Solar PV Projects.
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Development of 2 MW solar PV Project using thin-film PV modules for MahaGenco,
Maharashtra.
Development of 2X25 MW solar PV Project using thin-film PV modules at Sakri,
Maharashtra.
Expertise in Designing and Installation of MW Solar Captive Power Plants.
Expertise in Installation of Thin film Photovoltaic modules and String Junction Boxes.
Grid Tie inverters, LT,HT panels & Power Evacuation Transformers.
Expertise in Installation of SCADA system using MODBUS and controlling through
CENTRAL SERVER.
Expertise in Operation and Maintenance by monitoring of the plant.
Expertise in Designing and Installation of Roof Top Solar systems up to 500 KW with
Hybrid Inverters
Expertise in Designing and Installation of Solar Pumping Systems with MPPT SOLAR VFD
UPTO 100 HP.
Siva Reddy
5 Years of Core experience in Engineering, Design, Procurement, Erection/Commissioning and
O&M of Solar power plant. Below are the experience includes erection and commissioning,
Project Engineering of 32 MW capacity plants.
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2 MW solar PV Project using thin-film technologies at Chandrpaur, Maharashtra
5MW Solar PV Project using Multicrystaline Technology at Charanka (Village), Patan (Dist),
Gujarat.
20MW Solar PV Project using Thin Film Technology (CIS) at Borampalli (Village),
Kalyandurg, Ananthpur (Dist).
5MW Solar PV Project using Thin Film Technology (CIS) at Veerapuram(Village), Rayadurg,
Ananthpur (Dist).
Expertise in leading installation team for seamless execution of projects and timely
commissioned.
Meitnerium Technologies || www.meitnerium.in || Kukatpally Hyderabad-500072
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Having strong interpersonnel relationship skill to coordinate with internal departments
Sales,System design ,Purchase,Stores,Commercial & Logistics.
A result oriented professional with nearly 2 years of rich experience in Production,
Maintenance Process, Quality Control, and Cost Reduction & Man Management.
Expertise in implementing cost saving measures to achieve substantial reduction in terms
of man days, production cost, raw materials and energy consumption.
Proficiency in coordinating with the work force, enhancing their process operations;
thereby achieving the required quality level in the supplies.
Full time Involvement in Bid Submission for 125 MW Project of MAHAGENCO’s and played
a crucial role for the achievement of 2 blocks of thin-film.
Effective Coordination from office to Site, and timely Completion of Scheduled tasks.
Deals with different contactors in obtaining discounted prices of Bop for PV Projects.
Regular involvement in bidding of government tenders and ensuring the clarifications to
issues raised on the bids.
Ensuring that the projects get approved for drawings from the contractor and Govt.
departments .
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RAVI KRISHNA
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3 Years of Core experience in Engineering, Design, Procurement, Erection/Commissioning
of Solar power plant. Below are the experience includes erection and commissioning,
Project Engineering of 30 MW capacity plants and 630 kw Roof Top Project.
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10Mw solar PV ground mounted project at Mahaboobnagar,A.P.
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630kw solar roof top project in Andhra Pradesh.
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1Mw solar PV ground mounted project at Guntur,A.P.
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11Mw solar PV ground mounted project at Mahaboobnagar,A.P.
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8Mw solar PV ground mounted project at sakri, Maharashtra.
PREM
3 Years of Core experience in Engineering, Design, Procurement, Erection/Commissioning and
O&M of Solar power plant. Below are the experience includes erection and commissioning,
Project Engineering of 19.5 MW capacity plants.
 Executed 4.5 MW out of 40 MW Solar Power plant for Reliance at pokhran,Rajasthan
 Executed 15 MW out of 500MW Charanka solar Park plant in Gujarat.
Meitnerium Technologies || www.meitnerium.in || Kukatpally Hyderabad-500072
Our Services – Solar Power Sector
One Stop Solution for Utility Based Solar Power Generation Plants from Conceptualization stage
to Commercial Operation.
Feasibility Study
Site Selection.
Resource Analysis.
Energy Estimate.
Technical Review.
Environment Impact
Analysis.
Identification &
Selection of
Technology.
Site Visits.
Detail Project
Reports.
Financial
&
PPA Support
Liaisoning
Approvals
Project
Financing.
Liaisoning for
all Govt.
Approvals for
Project
Sanctions.
Power
Purchase
Agreements.
&
Engineering &
Design
Procurement
Construction
&
Project
Design and
Optimization.
Detail
Technology
Assessment,
Selection and
Specification
Preparation.
Preparation
of Layout
Drawings,
Erection
Documents
etc.
Material
Procurement
and Negotiation
on behalf of
client.
PDI.
Project & Site
Management.
Plant
Commissioning
and
Synchronisation.
Performance
Test.
O&M
+
Consultancy
Plant AMC for
Operation &
Maintenance.
Specification
and Tender
Assessment.
Due Diligence
Technology
Assessment.
Independent
Technical &
Commercial
Due
diligence.
MEITNERIUM TECHNOLOGIES Provide the services along the project development value chain.
Our approach to project development is to make project profitable & bankable.
Meitnerium Technologies || www.meitnerium.in || Kukatpally Hyderabad-500072
Highlights – GRID Connected Solar Project –As EPC/Developer
Generation: 1.6 MU/Year (Bankable)
Performance Ratio > 76%
Non Recourse Proj. Finance (Single Digit Int.)
Selection of components complying to Internal
Standards for Utility-Scale.
Power Sell Agreement = Minimum Rs 6.75/Unit.
Plant Availability > 95%.
Accelerated Depreciation Benefits.
Adaptation of Proven Technology.
Risk Analysis & Mitigation Strategies – Unique Approach as Developer
As Developer/EPC player and by virtue of our experience, we have coined a new approach to
inherit the safety factors in Plant from conceptualization, designing and implementation stage
itself. We have worked very hard to mitigate various risks and threats present in development
and sustainability of the project.
Power Off-taker Risk: The power off-taker risk is most crucial from prospective of long term
payment security. A payment delay or default can make the project unviable. Most of the off
taker and payment risks are associated with the government policy, Tariff Structure and Poor
financial health of Power Purchaser. Further, risk is also associated with the payment default and
consumption pattern i.e. assessment of the power off taker.
Having technical expertise in the field of power sector we have taken various measures to
mitigate the risk. Important risk mitigation measures taken by us are
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Market Driven Opportunities: The project implementation under Direct 3rd Party Power
sale . Advantages of choosing 3rd Party Purchase Option are
a) Higher and Faster Revenues.
b) Capitalising on REC Revenues.
c) Mitigate the payment risk due to poor health of Govt.
d) Timely payment of billing charges.
e) Payment Security by virtue of Revolving LC.
f) Availability of variety of power purchaser in case of dispute.
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Power Purchaser Selection: Being the hard core experience in power trading under ABT
mechanism and regulations, Power off Taker selection is very critical. For maximum off
take from generator and to avoid issues of Energy Banking arising due to mismatch in
consumption & generation patterns, PPA will be signed with professional Category-II
power trader @ min of Rs 6.75/- per unit at constant rate for 20 Years .Further, power
purchaser is also an obligated entity and major trader in Indian Market. Also, project is
grid connected and with open access permission, this measure also mitigates the
dependability of power sell on single procurer in case of default conditions.
Meitnerium Technologies || www.meitnerium.in || Kukatpally Hyderabad-500072
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PPA Bankability: PPA signed by 3rd Party has following features for bankability.
a) PPA term (Min 10 Years) is longer than Debt Repayment term (9-10 Years).
b) Take or Pay Clause incorporated in PPA, it is govern by CUF & PR.
c) Payment security ensured through revolving LC (3 months).
d) A course of action for a default by either the power producer or the off-taker is
clearly outlined.
e) No held up condition in case of default from any of the party.
f) As the project is grid connected, alternative is easily available for sale of power.
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Resource Data and Generation Risk: Accurate Irradiation Data Estimation is acquired
by comparison of radiation data from different sources like Meteonorm, SolarGIS,
Nasa. Better radiation estimate produces accurate generation estimate. P90
assessment report is considered for generation estimate. Based on the estimation,
measures are taken at design stage to ensure annual generation of 1.6 MU. Various
steps like seasonal tilt, DC capacity enhancement are adopted to achieve 1.6 MU
generation. Generation guarantee shall be bankable.
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Technology Risk: Technology Risk with respect to quality and performance is mitigated
by following measures
a) Use of proven technology like Polycrystalline.
b) Technology assessment at design stage.
c) Warranties support for major components e.g. Panel 25 Years (Performance
Guaranty), 10 Years (Manufacturer Defect), Inverter 5 Years (Covered by
comprehensive AMC).
d) Generation supported by PBG.
e) Use of Modules, Inverters, BOS Components & Practises that meets
internationally prevalent quality standard such as IEC 60364, IEC 61557, and
IEC 61730 etc. This step mitigate the technical risk to large scale and give
project a bankability.
f) Following table shows the international standards used at various stages of
plant EPC and components selection.
Meitnerium Technologies || www.meitnerium.in || Kukatpally Hyderabad-500072