session 3 - gham power investment presentation-energy-for-all
TRANSCRIPT
-
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
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
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.
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
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
All Rights Reserved 2013, Gham Power USA, Inc.
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
4/19
Solar Array
Utility Grid Battery Bank
Diesel
Generator
Control
PanelBuildings Electrical Load
All Rights Reserved 2013, Gham Power USA, Inc.
Backup with solar first, generator only for peak loads
Fuel consumption down by 30+%, costs by 15+%
Business Solar Microgrid
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
5/19
Solar powered applications available for rent
Shops/organizations provide services / generate revenue
Community Solar Microgrid
All Rights Reserved 2013, Gham Power USA, Inc.
Communication Telemedicine Mobile Banking
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
6/19
200 kW Currently Installed in Nepal
All Rights Reserved 2013, Gham Power USA, Inc.
10 kW: EVK2 Research Lab
near Mt Everest BasecampTotal Project amount:
Rs. 97,38,831.06
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
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.
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
8/19
4.5 kW System at
Lumbini General Insurancein Kathmandu
Total Project Amount:
Rs. 29,00,000
All Rights Reserved 2013, Gham Power USA, Inc.
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
9/19
12.4 kW @ Nyaya Health Bayalpata Hospital
Total Project cost: Rs. 59,03,817
Hospital Power Backup in
Far Western Nepal
All Rights Reserved 2013, Gham Power USA, Inc.
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
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
All Rights Reserved 2013, Gham Power USA, Inc.
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
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
All Rights Reserved 2013, Gham Power USA, Inc.
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
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
All Rights Reserved 2013, Gham Power USA, Inc.
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
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
All Rights Reserved 2013, Gham Power USA, Inc.
About Founder: Silicon Valley Entrepreneur
Starts Solar Company in Nepal
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
14/19
2009 February: Flew to Nepal to Expand
Offshore Software Team
All Rights Reserved 2013, Gham Power USA, Inc.
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
15/19
Got Caught in Midst of the
Worst Energy Crisis Ever:
16 Hour a Day Blackouts!
All Rights Reserved 2013, Gham Power USA, Inc.
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
16/19All Rights Reserved 2013, Gham Power USA, Inc.
Did the obvious thing for
an entrepreneur:
start a solar company!
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
17/19
Sandeep GiriCEO
Kebal RayamajhiOperations Manager
Shrawan PradhanGeneral Manager
All Rights Reserved 2013, Gham Power USA, Inc.
Seasoned Executive Team with
Deep Local Experience, Staff of 25+
Sanjay YadavSales Manager
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
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
-
7/29/2019 Session 3 - Gham Power Investment Presentation-Energy-For-All
19/19
Thank You!
All Rights Reserved 2013 Gham Power USA Inc
Sandeep Giri
Gham Power Nepal Private Limited
Kathmandu, Nepal