This is prepared for Finance for Development MOOC. This show Solar Irrigation Project financing & payback system. The project is environ friendly & irrigation cost would be less the Diesel irrigation. Country like Bangladesh where sunshine is available the proposed project would be highly feasible.

1. Development Finance Impact Project:
-Digital Artifact
Welcome

2. Presented by
Enamul Haque,
Assistant General Manager
Jagorani Energy Limited
(a renewable energy & IT service company in Bangladesh)
Financing for Development MOOC participant
December 9, 2015

3. The General Public, Government of Bangladesh, Policy
Makers, International & National Non- Governmental
Organizations (NGO’s), Multinational & Local Companies,
Philanthropists, Banks, International Financing Institutions.
THE TARGET AUDIENCE

4. Project Name:
Solar Irrigation Project
Primary Objective:
 To address Govt. of Bangladesh’s development priority of supporting
agriculture;
 To access the farmers to green energy sources;
 To facilitate the farmers with uninterrupted and affordable irrigation system;
 To increase the agro production ensuring proper irrigation;
 To make a green & healthy environment reducing carbon emission;
 To help ensuring food security.

5. The Idea/Problem
Bangladeshi farmers rely on some 266,000 electrically
powered water pumps – which consume around 1,300 MW
electricity to irrigate 1.7 million hectares of land.
An additional 1.3 million diesel-run pumps are operated
during the peak growing season to irrigate another 3.4
million hectares of land, using 900,000 tonnes of fuel.
Electricity supply for irrigation is presently inadequate &
Cost of Fossil fuel is increasing which makes cost of crop
production higher for farmers.

6. Integrating affordable Renewable EnergyIntegrating affordable Renewable Energy
Technology with AgricultureTechnology with Agriculture
The Idea/Solution

7. The Idea/Solution
 In Day time Solar energy is available, So A solar PV module canIn Day time Solar energy is available, So A solar PV module can
produce enough power to run an electric motor and pump.produce enough power to run an electric motor and pump.
 No Battery required as more than 7 hours of sunshine is available inNo Battery required as more than 7 hours of sunshine is available in
Bangladesh (full sun 4.5 hours/day)Bangladesh (full sun 4.5 hours/day)
 Irrigation cost is less than presently available Diesel Powered Pump.Irrigation cost is less than presently available Diesel Powered Pump.
 Low Maintenance, No Environmental pollution & Long Life.Low Maintenance, No Environmental pollution & Long Life.

8. Project Location
Any Off grid and areas in Bangladesh

9.  Expand irrigated area in the off-grid locations;
 Boost food production;
 Limiting its reliance on fossil fuels.
Why is it needed?

10. Ownership and Management
 Financing Institution will provide Financing to the Entrepreneur;
 Farmers’ Group (Solar Irrigation System Entrepreneur) will buy from
the technology provider;
 Solar Irrigation Technology Company will install the Project;
 Farmers’ Group will manage water distribution & credit collection;
 Farmers will pay Water cost at the end of each Season.

11. Proposed Role of Each Party
Role of Financing Institution
To provide financial support for the project realization;
To access the farmers to interest free/Low interest rate loan.
Role of Farmers Group
• To introduce the project benefit to the farmers;
• To manage water distribution & payment collection;
• To payback regularly to the financing institution.

12. Project Plan
Methodology of Implementation
Detailed socio economic Area survey;
Entrepreneur selection;
Installation of technology;
Testing and final operation;
Handover to the Entrepreneur;
Monitoring & Service.

13. Project Impact
 Direct Benefit:
1. Increase agro production;
2. Reduce cost of production;
3. Maximize return on investment;
4. Demand of electricity for Irrigation will reduce.
 Indirect Benefit:
1. Electricity supply at community level will increase;
2. Reduce environment pollution;
3. Use of fossil fuel will decrease & save foreign currency;
4. Finally it will improve education, health, lifestyle & support the process of
poverty alleviation.

14. Financial Analysis
a 15 HP Solar Irrigation Project
 Total amount of Land can be Irrigated : 33±2 Acres;
 Cost of Project: USD 45000.00;
 Project Life: 25 Years;
 Pay Back Schedule: USD 7500.00/Year;
 Breakeven Time: 6 Years;

15. Financial Analysis
Comparison between Solar & Diesel Irrigation
 For 33±2 Acres Land annual Diesel consumption 4500 litter.
 Total Cost of Diesel Irrigation/year USD 3937.50
 Cost for 25 Years : USD 98437.50
Comparison between Solar & Diesel Irrigation
One Solar Irrigation Project can benefit the farmer (98437.50-45000.00) = 53437.50 USD
Particulars Solar (USD) Diesel (USD)
25 Years Irrigation cost 45000.00 98437.50

16. Bottle Neck
Despite of great benefit solar irrigation
is still out of Bangladeshi farmers’ reach
because of its first time large investment.

17. Conclusion
The Public, Private & International financing authority should come
forward to invest in the Solar Irrigation sector.
I strongly believe that the proposed solar irrigation project
will help the off grid rural people of Bangladesh
to achieve sustainable development.