New Delhi 20 January 2012

Press Release

BSES Yamuna Power Ltd introduces ‘Renewable Energy Assisted Pump’

1^st REAP system dedicated by Delhi CM

• REAP a clean green power & water solution will help meet needs of both rural and urban users

• Pilot REAP system installed at All India Panchayat Parishad, Mayur Vihar – I

• REAP can easily be adapted for use in hospitals, parks, housing societies, schools, malls etc

• BYPL in discussion with IREDA for extending subsidy and loan for REAP

• Benefits include:

o Initial investment recovery within 3 years

o Frugal maintenance and almost nil operating costs

o Capacity of pumping 25,000 liters/day with 7 hours of sunlight

o Environment friendly

o Help Delhi becoming a carbon neutral city

The path breaking ‘research and technology’ MoU signed between BSES Yamuna Power Limited (BYPL) and the Indian Institute of Technology (IIT) – Delhi, in 2010, for improving the value proposition for the ‘power’ consumer by leveraging next-generation ‘SMART’ technology, has started yielding ‘SMART’ results.

The development of Renewable Energy Assisted Pump (REAP) System technology is the first of the ‘SMART’ products as a result of this collaboration – amongst the first Industry-Institute Initiatives in the country between a power distribution company and a premier engineering institute.

REAP is a green power solution, capable of meeting water storage and pumping needs of users – in both rural and urban India. It is an easy to install submersible pump connected to a water tank with a specially designed motor powered by a solar panel.

The first REAP system was dedicated today at the All India Panchayat Parishad, Mayur Vihar – I, by the Hon’ble Chief Minister of Delhi, Smt Sheila Dikshit. Others present on the occasion included Shri Subodh Kant Sahay (Hon’ble Union Minister of Tourism and President All India Panchayat Parishad), Shri Haroon Yusuf (Hon’ble Minister of Power, GoNCTD), Shri Sandeep Dikshit (Hon’ble Member of Parliament, Lok Sabha), Shri Amrish Singh Gautam (Dy Speaker, Delhi Assembly), Shri Parimal Rai (Power Secretary, GoNCTD) senior government and BSES functionaries.

REAP technology is being promoted by BYPL and IIT-Delhi to harvest ‘free and abundant’ solar energy in order to provide efficient water pumping and storage solutions, as also to reduce dependence on conventional coal generated electricity. REAP has a universal appeal. It will not only empower the farmers to tide over the perennial problem of a reliable power source for irrigation purposes, but will also find application in hospitals, parks, housing societies, schools, malls and other organisations.

Complimenting BYPL and IIT-Delhi for developing the REAP technology, the Hon’ble Chief Minister said, “Harnessing renewable energy is a must for Delhi as it will help in decreasing the pollution and make the city a cleaner and better place to live. Efforts like these will go a long way in reducing the dependence on fossil fuels and help in making Delhi a carbon neutral city”.

Explaining the REAP technology, Shri Ramesh Narayanan (CEO, BYPL) said, “India plans to generate 1000 MW solar power by 2013 and Jawaharlal Nehru Solar Mission has set up an ambitious target of deploying 20,000 MW by the year 2020. REAP is a small but a significant step in the direction of conservation of energy, as also for reducing dependence on fossil fuels. It will also help in finding solutions to water problems in rural and urban areas For us as a responsible corporate citizen REAP will help us meet our targets in demand side management”.

“Work on REAP essentially started keeping the needs of the farmers in mind and to come up with a solution to reduce the electricity T&D losses in trying to reach out to them. Off-grid solutions such as REAP offer the farming sector an alternative reliable and scientific solution, to improve productivity. It is a solution that will enable electricity to be produced at the doorstep of the farmer so that the irrigation needs can be met, on a sustainable basis and they gain independence from grid power”-added Mr. Narayanan.

For ensuring that its benefits reach the consumers, BYPL is in discussions with IREDA for extending subsidy and a loan for the REAP system to those that want to adopt this eco-friendly off grid solution.

REAP’s frugal maintenance and zero operating costs also make it an attractive commercial preposition. The initial investment can be recovered within a short span of 3 years. Its other benefits include:

• Capacity of pumping 25,000 litres of water per day with seven hours of sunlight

• Low energy consumption – consumes 600 watts visa-a-vis 3.5 KW for a conventional pump

• Consumes ‘0’ units in a month vis-à-vis 250 consumed by a conventional pump.

• Can work alongside existing conventional water pumping system.

REAP system provides clean green energy which can be harnessed in everyday life and reduce dependencies on other fossil fuel energy. The economic and social benefits accruing from this technology are also immense. Some of them include:

• Helps in reducing global warming and other greenhouse effects by reducing energy needs, which are met by burning fossil fuels

• Meeting water pumping and storage needs in agriculture, hospitals, schools, hotels, restaurants, group housing societies, malls etc

• Adoption of REAP can help Delhi become a carbon neutral city

• Contribute towards energy and food security as well as reduce carbon footprint in the long term

While coal fuels most of India's installed power capacity of nearly 1.83 lakh MW, the country produces just about 120MW of solar power. India is blessed with a high solar insolation and around 300 clear and sunny days. The abundant solar energy – a cleaner and greener renewable energy - can be used to meet the growing demand for power in the country.

BRPL and BYPL, Delhi’s premier power distribution companies are committed to ensuring quality and reliable electricity supply to all their consumers.

_____________________________________________________________________________________