00Engineering case study

A 5 MWh proposal, sized from the meter.

This is a real PKE Solution Configurator study for an Open Access consumer on Maharashtra’s new MERC “downhill” banking regime, with the client’s identity removed. Eleven months of 15-minute settlement data went in; a technology-neutral engineering requirement, a bill of quantities and a fifteen-year model came out. The charts below are the study’s own figures.

HEADLINEOPEN ACCESS · MSEDCL
Recommended system5.0 MWh / 2.5 MW
Annual energy cycled1.06 GWh
Year-one net benefit₹1.12 Cr
Investment (project capex)₹8.17 Cr
Cash positive by5.3 years
STUDY HEADLINE · FIGURES AS MODELLED
0 GWh
Annual solar generated
0 GWh
Surplus stranded
0
MWh recommended
0%
Engineering confidence
01The site

What the meter showed

The consumer is a captive-solar Open Access connection on MSEDCL HT-I A at 33 kV, contracted at 1,650 kVA against a 2,200 kVA solar OA allocation. Under Maharashtra’s new MERC downhill banking regime, solar exported at midday no longer redeems uphill at night — it’s stranded the same day it’s generated, or lost. That stranded surplus is the raw material a battery turns into evening value.

SOLAR

3.30 GWh

Zone-C solar generated on-site annually.

STRANDED

1.46 GWh

Can’t redeem uphill under the new rule — a battery’s opportunity.

DISPLACEABLE

4.33 GWh

Evening, night and morning grid import storage can offset.

CONTRACT

1,650 kVA

Against a 2,200 kVA solar Open Access allocation.

05010015020025000:0004:0008:0012:0016:0020:00Site loadSolar self-consumedSurplus (stranded)
AVERAGE-DAY PROFILE · kWh PER 15-MIN SLOT · SOLAR PEAKS MIDDAY, STRANDED SURPLUS EXPORTED
040k80k120k160k200kAprMayJunJulSepOctNovDecJanFebMarStranded surplusZone-D (evening) draw
MONTHLY SETTLEMENT · kWh · 11 MEASURED MONTHS, APR-25 TO MAR-26
02The value

When a stored unit is worth most

Under the new banking rule, energy stored in the solar window and released at the evening peak earns the full peak avoided cost — nothing is given up, because that surplus would otherwise be curtailed. The three tariff zones below set the reward for getting the timing right.

02468101214A/B · ₹10.45C · charging, ₹0D · ₹12.7800:0002:0004:0006:0008:0010:0012:0014:0016:0018:0020:0022:00
AVOIDED COST BY ZONE · ₹/kWh · NEW MERC DOWNHILL REGIME

CSolar / charging

₹0

09–17h. Foregone value is zero — this energy would otherwise be curtailed.

A/BNight & morning

₹10.45

00–09h. Normal tariff.

DEvening peak

₹12.78

17–24h. +25% ToD loading. The discharge window.

03The requirement

Sized before any product was picked

The system is sized on the P60 design day under the Balanced objective, taking the daily minimum of stranded surplus and displaceable draw across eleven measured months. This is a technology-neutral requirement, established before a single catalogue was opened.

Required nameplate capacity4.8 MWh
Required PCS rating1,363 kW
Annual stranded surplus1.46 GWh
Annual displaceable draw (evening + night + morning)4.33 GWh
Annual energy discharged1.06 GWh · 0.71 cycles/day
Usable depth / round-trip efficiency81.9% · 88%
ENGINEERING REQUIREMENT · TECHNOLOGY-NEUTRAL

Charging headroom checks out

Charging is scheduled into the solar window, 09:00 to 17:00, where spare capacity below the 1,650 kVA contract demand is available against the 2,200 kVA solar allocation. Discharge lands in the evening peak, with no grid-charging assumed.

Four objectives, one dataset

The same measured data was run against four sizing objectives — Minimum Investment, Balanced, Maximum Savings and Max Renewable Utilisation — so the consumer can pick the trade-off between investment and return. The recommendation runs the Balanced objective.

05101520250%5%10%15%20%1× Vault 50002× Vault 50003× Vault 5000Capex (₹ Cr)IRR, 15-yr (%)
SIZING SCENARIOS · CAPEX VS 15-YEAR IRR · 1×/2×/3× VAULT 5000
04The economics

Where the value comes from, and when it pays back

Value stack, year one
Annual captured energy1.06 GWh
Weighted avoided cost₹12.39/kWh
Gross energy saving₹1.25 Cr/yr
Less: O&M (1.5% of capex)(₹0.12 Cr/yr)
Net
Year-one net benefit₹1.12 Cr/yr
VALUE STACK · YEAR ONE · ENERGY ONLY

Depreciation is real, but separate

Accelerated depreciation — 40% WDV plus a one-time 20% year-one allowance for renewable-classified assets — adds a further ₹1.23 Cr of tax shield in year one alone. That benefit is genuine, but it depends on the buyer’s own tax position and depreciation schedule, so it’s kept separate from the operating value above rather than folded in.

Cash positive, honestly

The 5.3-year figure below is the year cumulative cash flow actually turns positive. Capex divided by year-one benefit alone would read a misleadingly short 3.5 years, because year one carries a one-time depreciation credit that doesn’t repeat in later years.

-8-40481216Y0Y2Y4Y6Y8Y10Y12Y14
CUMULATIVE CASH FLOW · ₹ Cr · CASH POSITIVE BY ~5.3 YEARS
Every figure on this page comes from one anonymised study and reflects that site’s tariff, load and Open Access position under Maharashtra’s new banking regime. Your numbers will differ. The point is the method: measured data first, a technology-neutral requirement second, hardware and economics last.
05The build

What meets the requirement

ComponentConfiguration
BatteryVault 5000 · 5.0 MWh
Power conversion2.50 MW PCS
Transformer3,150 kVA ONAN
EnclosureContainerised
ThermalLiquid cooling
Fire suppressionAerosol suppression
MV switchgearMV RMU
EMS / controlsPai Kane EMS
COMMERCIAL CONFIGURATION · CHECKED FOR DC-WINDOW, POWER AND THERMAL FIT

SCALE

Vault 5000, 5.0 MWh

At 5.0 MWh this is right-sized to the site’s own stranded surplus, not the biggest battery available. Doubling to 2 × Vault 5000 lifts capture from 82% to 98% of the surplus but nearly doubles capex, cutting the 15-year IRR from 17.2% to 8.5% — returns fall fast once the physical surplus is mostly captured. The same method sizes a Core Mini for a rooftop or a Spike for a crane; only the numbers change.

Vault 5000 details · full platform

NEXT

From study to site

A study like this precedes every deployment: confirm contract demand and banking terms, site survey and single-line, firm quotation, then interconnection approvals.

This started as a spreadsheet of meter readings.

Send yours. The study comes back with charts like these, drawn from your site.