Session 3 - Gham Power Investment Presentation-Energy-For-All

7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All

1/19

Solar Microgrids for Nepal

Anjal NiraulaSales Engineering Manager

Gham Power Nepal Private Limited


2/19

Required Investment

1. Raising US $2 million2. Seeking equity investment, open to debt/grants

o Primarily fund initial pool of projects (~$1.5mm)

o Some for company growth and scale (~$0.5mm)

o Investors get preferred company shares

o Target: 3 to 5x return in ~5 years

3. In conversation with potential investors in US and Europe;

no formal commitments (yet)

All Rights Reserved 2013, Gham Power USA, Inc.


3/19

Business Model: Need / Solutions

o Solar microgrids = huge financial and social ROI

o 80 MW market

o Valued at $400 million

o We provide solar microgrids to

o Businesses dependent

on diesel backup

o Remote organizations with no electricity

o Cut diesel costs and generate revenue



4/19

Solar Array

Utility Grid Battery Bank

Diesel

Generator

Control

PanelBuildings Electrical Load


Backup with solar first, generator only for peak loads

Fuel consumption down by 30+%, costs by 15+%

Business Solar Microgrid


5/19

Solar powered applications available for rent

Shops/organizations provide services / generate revenue

Community Solar Microgrid


Communication Telemedicine Mobile Banking


6/19

200 kW Currently Installed in Nepal


10 kW: EVK2 Research Lab

near Mt Everest BasecampTotal Project amount:

Rs. 97,38,831.06


7/19

8 kW System at Maiti Nepal a Shelter for Trafficked Girls and

Women in Kathmandu

Total Project Amount: Rs. 54,38,000.All Rights Reserved 2013, Gham Power USA, Inc.


8/19

4.5 kW System at

Lumbini General Insurancein Kathmandu

Total Project Amount:

Rs. 29,00,000



9/19

12.4 kW @ Nyaya Health Bayalpata Hospital

Total Project cost: Rs. 59,03,817

Hospital Power Backup in

Far Western Nepal



10/19

Business Model: Revenue

Actual Projected Assuming Investment in 2013

Revenue History and Projections

148,327$ 313,044$ 470,141$ 2,734,153$ 5,016,913$ 9,788,998$ 17,274,653$

FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016



11/19

Business Model: Scale

o Projects worth 168 kw (~$800k) already developed

o Investment will fund:

o Financing of initial projects (~$1.5mm);

o Company growth and scale (~$0.5mm)

o Growth strategy:

o Continue developing similar microgrid projectso Finance new projects with profits + project financing

o Train/develop installation partner network



12/19

Business Model: Impact

2010-12 2013 2014 2015 2016

Load-shedding reduction 148 kW 513 kW 1.26 MW 2.77 MW 5.54 MW

Direct Jobs Created 25 64 103 153 201

CO2 emissions curbed (tons) 270 937 2,300 5,056 10,118

Social and Environmental Impact



13/19

Born and Raised in Nepal

Educated in US

Masters in Science U of Nebraska, UC-Berkeley

Launched multiple tech companies in

San Francisco bay area

In 2009, accidently started Gham Power

Sandeep

Giri


About Founder: Silicon Valley Entrepreneur

Starts Solar Company in Nepal


14/19

2009 February: Flew to Nepal to Expand

Offshore Software Team



15/19

Got Caught in Midst of the

Worst Energy Crisis Ever:

16 Hour a Day Blackouts!



17/19

Sandeep GiriCEO

Kebal RayamajhiOperations Manager

Shrawan PradhanGeneral Manager


Seasoned Executive Team with

Deep Local Experience, Staff of 25+

Sanjay YadavSales Manager


18/19

Summary

o Microgrids key to scaling solar in developing countries

o Gham Power: proven company, great execution

o Experienced management + engineering

o ~200-kw installed in last 2 years

o Revenue target: $5 mm in 2014; $17 mm in 2016

o 168-kw ($800k) worth of projects ready to be financed

o Raising US $2 million to fund projects + company growth

o Seeking equity investment, open to debt/grant

o

3 to 5x return in ~5 years

Session 3 - Gham Power Investment Presentation-Energy-For-All

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