PROJECT PROFILE MANUFACTURING AND SALES OF DOMESTIC LIGHTS WITH LED TECHNOLOGY. Prepared by. United Electrical Industries Ltd, Pallimukku, Kollam

Transcription

1 PROJECT PROFILE ON MANUFACTURING AND SALES OF DOMESTIC LIGHTS WITH LED TECHNOLOGY Prepared by United Electrical Industries Ltd, Pallimukku, Kollam (PSU-Industries Department)

2 Company Profile Name of Company : United Electrical Industries Ltd. Address : Head Office Pallimukku, Kollam, Kerala, S. India Branch Kuzhalmannom, Palghat Website : Telephone : (0474) /242/015/473 Fax : (0474) ueikollam@sancharnet.in Year of Registration : 1950 Status : Public Sector Undertaking (Govt. of Kerala) Managing Director : Shri. K Shirish Shareholding participation : 99% State Government Authorised Capital : Rs,400 lakhs Paid up capital : Rs.399 lakhs

3 OVER VIEW United Electrical Industries Ltd., a Kerala Government company, is located in Kollam city, 70 km north of Trivandrum, the capital of Kerala State in South India. The company was incorporated in the year It is the first factory in India to manufacture Electricity House Service Energy Meters. The company had started its manufacturing activity in technical collaboration with the worldrenowned meter manufacturer M/s. Aron Meters Ltd., England. The major share holder of the company is the Government of Kerala. From 1998 onwards the company started manufacturing Static Meters using the state art technology. So far the company manufactured more than 60 lakhs Static Meters and have supplied all over India. The entire requirement of house service meters of the Government owned Kerala State Electricity Board which is the major power utility service in Kerala is catered by this company based on an MOU (Memorandum of Understanding) signed Kerala State Electricity Board. The company also supplies Multifunction Static Meters with many additional features to the state utility service in Andhra Pradesh in India. The company's quality system is ISO 9001:2000 certified and its products are ISI marked equivalent to specification of IEC (1996).

4 2760 Performance over Last 10 Years TURNOVER & PROFIT LOSS (Lakh) PERFOMANCE ANALYSIS OF UNITED ELECTRICAL INDUSTRIES LTD. ( ) TURNOVER PROFIT LOSS YEAR

5 POSITION OF MOBILIZATION AND DEPLOYMENT OF FUNDS Rs,000 (As on ) Rs. 000 Total Assets Fixed Assets Investments 13 Net current Assets Misc. expenditure Total Liabilities Paid up capital Revenues and surplus 455 Secured Loans Unsecured Loan Accumulated loss Total turnover Profit 4454 Status dues Nil Total expenditure Profit after tax 3779 Dividend rate Nil Earning per share 0.95 Note: Audit upto the financial year is completed.

6 SALES MADE DURING Rs. in Lakhs Qty. Rate Meters Motor control Gear ABS Water meters Contractors Earth pipe Turn Over for Rs Lakhs Profit for Rs Lakhs

7 PRODUCT RANGE 1. Single Phase AC Static Watt hour Meter 2. Single Phase Multifunction Static Watt Hour Meter 3. Poly Phase AC Static Watt hour Meter 4. Single Phase High Quality AC induction Watt hour Meter 5. Oil Immersed Motor Starters a) Star- Delta Starter type NSD 10 HP to 250 HP b) Auto Transformer Starter type ATS 10 HP to 250 HP c) Stator-Rotor Starter type OSR 10 HP to 250 HP d) Panel type Fully Automatic Air Break Starters 6. Street Light Contactors 32 Amps 7. 11KV A.B Switches 8. Water Meters 9. Street Light Fittings for CFL & Tube Lights PROJECT PROFILE ON DOMESTIC LIGHTS USING LED TECHNOLOGY

8 INTRODUCTION The key strength of LED lighting is reduced power consumption. LED s are available with at the most Lumen efficiency of 110 Lum/Watt compared to Lum/Watt of CFL and FTL, 45 Lum/Watt of Mercury vapour and 75 Lum/Watt of metal halide or 94 Lum/Watt of Sodium Vapour. The operational life of current white LED lamps is 50,000-80,000 burning hours as compared to hrs of CFL and FLT, hrs of T5 lamp, 5000 hrs of Mercury vapour, 8000 hrs of Metal halide and 8000 hrs HPSV lamp. No cost of replacement of LED s as compared to other lamps which require frequent replacement. Maintenance - No maintenance required as compared to other lamps which have starter igniters and capacitors which are repair bound. LED s are available in wide range of colors from 2700K to 6500K which are dark, yellow, mild yellow and ultra white. LED s are dimmable. Hence any reasonable fluctuation in input voltage will not affect life of LED as it happens with all other lamps. LED s produce no UV radiation. LED s being no-filament lamp, shock and vibration does not affect its life as it happens with all other lamps. Comparison of three Common forms of light BULB CFL LED WATTAGE LUMENS EFFICACY (LM/W) LIFE (Hours) MARKET

9 Total electricity and maintenance cost during life time of LED bulbs is around 1/10 th of that of normal bulbs. LED Home Lights can be designed to consume about 0.6 Watt and are nearly equal in luminance to a 25 watt incandescent light bulb or an 11 Watt CFL lamp- with about 90% saving of energy. LED Street light with solar panel is the best solution for minimizing electrical power consumption from hydroelectric power stations so far available. Huge amount of power can be spared from the hydroelectric plant in this manner and also this combination is the most energy efficient and green lighting solution available today. With so many advantages and potential applications, LED is sure to succeed in large markets such as India- provided the price factor is addressed. The overall Indian LED lighting market is expected to reach $399.2 million by 2015 from $49.6 million in 2009 at an estimated compounded annual growth rate of 41.5 percent till PROJECT PARAMETERS

10 Capacity of Production: 1,20,000 Numbers per annum Land Freehold land covering an area of 6 acres. Raw material Requirement- Power consumption - Rs. 250 lakh per month Rs. 5 lakh per month Water - Rs lakh Per month Plant & Machinery required Manpower Requirement Rs. 750 lakh Per month Rs. 7.5 lakh Per month Per month COST OF THE PROJECT (Rs. in lakhs) Working capital requirement Plant and machinery MEANS OF FINANCE Equity Loan Profit before tax BEP : Rs. 360 lakhs : Rs. 750 lakhs Debt Equity Ratio : 9:1 Debt service coverage ratio : 1.11 times Interest rate of return : 22% Sales turnover : 3000 lakhs

11 Conclusion:- The management of the company is competent enough to manage the unit profitability and successfully. There will be sufficient orders. Technical know how manufacturing process, raw materials other infrastructural facilities etc are already available. All financial statements and other parameters of the scheme are found satisfactory. The project is technically feasible and economically viable. For further details please contact United Electrical Industries Ltd.