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BANK ALFALAH AND UBL SUPPORT A
GREENER PAKISTAN AND PURSUE SOLAR ATMs
BANK ALFALAH
Buksh Energy was established in 2009 as a solar energy integrator dealing in extensive energy management and production solutions. Its solutions range from commercial and residential setups to complete solar off-grid systems. It has succeeded in ensuring optimum utilization of renewable energy sources for a greener and better future. It aims to implement practical and economical energy solutions to meet client needs. The solutions provided by Buksh Energy cater to the critical need of the hour i.e. the prevailing energy crisis through the provision of easy energy access and affordability for the masses.
The energy crisis has resulted in a country wide power crisis of approximately 8-10 hours in urban areas and 16-18 hours per day in rural areas. There is a very small percentage of people who have moved towards alternate sources like generators and UPS electricity in the hours of load shedding. The rising cost of fuel and grid energy and the access to affordable energy is condensing with time. The corporate community has been largely affected by this energy crisis which has a trickledown effect on the overall economic progression. Load shedding has had adverse effects on the industrial sector, costing over Rs. 210 billion, over $1 billion from export earnings and a potential displacement of 400,000 workers. (The Causes and Impacts of Power Sector Circular Debt in Pakistan, March 2013). 1In FY 2011, the total capability of the power system other than KESC during the peak demand period was about 13,000–14,000 MW, compared with a demand of about 18,500 MW, resulting in load shedding of 4,500–5,500 MW.
01CASE STUDY
The rising demand and supply gap has further depressed the situation along with the commodity prices hitting sky high. This shortfall is the opportunity that Buksh Energy aims to cater to in the long-run through renewable sources. In the short-run, Buksh Energy aims to provide the renewable sources of energy to cater the prevailing energy problems faced by the common man and active business setups that are suffering a serious loss due to the energy shortfall. The growth plans are to capture 5% of 18,500 MW i.e. Pakistan's total energy needs, providing renewable energy by 2020.
Buksh Energy has partnered with EU and World Bank certified brands as integration and energy service partners from Germany, Canada, US and more that guarantee product performance, efficiency and service some of which are; SMA, Canadian Solar, Strueder, Hanwa Solar, Outback, Phoenix Solar, Everexceed, Eneltec, Lawrence and Phocos. Buksh Energy tapped on to the opportunity to install a 10MW Solar-PV power plant. This plant will be installed in Cholistan that and will contribute 0.14% to the total shortfall in Pakistan.
02
United Bank Limited (UBL) is one of the leading banks in Pakistan with a nationwide network of 1941 branches and 200 Automated Teller Machines (ATM). UBL decided to convert its first ATM on Davis Road branch, on solar energy. Buksh Energy was contracted as their technical partner for the conversion. An audit was conducted by Buksh Energy with the objective of studying the load calculation and energy consumption in order to propose an efficient and cost effective solution for load conservation and conversion on solar solution.
It is the first pilot project of UBL of the conversion of their ATM on solar energy. The audit conducted included the study on the ATM premises load i.e. lighting, machine, air-conditioner, power generators. The analysis was done with the average power factor of the branch load being 0.82 which is less than WAPDA standardized power factor that is 0.86. The total toad conversion is of 12 KW that includes the lighting and the machine that is converted on solar energy.
The ATM is operational 24/7 powered by solar energy. As a result to the solar conversion, it will enable them to have zero downtime with no hassle in load shifting and will eliminate the lag time whereby increasing operational efficiency. Moreover, they will gain through financial savings of approximately Rs. 500,000, which is annually expensed on fuel, maintenance and utilities and the payback period of the total investment.
Collaboration: Buksh Energy Pvt. Ltd. and
Top Commercial Banks like Bank Alfalah and United Bank Limited (UBL)
As the energy crisis escalates, business setups and institutions continue to suffer losses, at the same time incurring high costs for opting for energy sources. It comes as a relief to organizations as they find a resource that requires a one-time investment that will provide them easy access to alternate energy sources for the next 25 years of the life of the solution. In such a scenario, United Bank Limited took the initiative and pioneered in the financial services industry to opt for solar.
Objectives
Evaluate the total energy consumption.Load reduction through utilization of alternate energy resources for energy conservation.Conservation of the ATM on solar energy solution
Project Achievements
The study undertaken by Buksh Energy identified possibilities of converting the ATM on solar energy solution.The energy load of 1.2KW was converted on solar energy solution.Post-conversion, they will be having financial saving up to Rs. 50,000.The ATM will be running efficiently without any lag and on zero downtime.The payback period of total investment is 3 years from installation.
United Bank Limited was founded in 1959 by Mr. Agha Hassan Bedi with its first branch in Karachi. n 1963, UBL became the first bank in Pakistan to have a branch overseas- on William Street in London, United Kingdom. Over time it expanded by opening further branches in Lahore, Quetta, Peshawar, Karachi and now has over 1300 online branches nationwide and various branches across the globe.
Conduct an audit to
CASE STUDY
03
United Bank Limited was founded in 1959 by Mr. Agha Hassan Bedi with its first branch in Karachi. n 1963, UBL became the first bank in Pakistan to have a branch overseas- on William Street in London, United Kingdom. Over time it expanded by opening further branches in Lahore, Quetta, Peshawar, Karachi and now has over 1300 online branches nationwide and various branches across the globe.
UBL aims to provide world class products and services to customers and for that it has invested in converting ATMs to solar as a start. On October 24th , 2012, Buksh Energy partnered with United Bank Limited Davis Road Branch by installing solar panels 235 W Canadian Solar panels with a warranty of 10 years, SMA (Inverters) Germany with a 5 year warranty Sunny Boy 1600-TL and Sunny Island 2224 and Chinese (200 Ah) *6 batteries with a 1 year warranty. The project had a total installed capacity of 1.41 KWP. The equipment installed had 7.8 KW of Max PV Panels Generation (Per Day). The total energy generated September 11th, 2013 was 1337.57KW. The amount of Carbon dioxide (C02) avoided remained 936.30KG. The total load remained approximately 1 KW, for 1 ATM machine, 18W *10 energy savers, 1 data cabinet with IT Switches, DVR and a router. With the successful pilot executed, United Bank Limited has stepped ahead and signed a Memorandum of Understanding with Buksh Energy to convert their complete ATM network and some of their bank branches on solar. Another 7 branches are in process of conversion at the moment which include 2 Liberty market branches, Anarkali bazaar, Rivaz Garden,Allama Iqbal Town, Hanjerwal, Gawal Mandi, Managa Mandi and 1 Peshawar College Road University branch.
This conversion to solar has saved UBL PKR 50,000 monthly i.e. approximately
USD 485.
https://www.ubldirect.com/corporate/Default.aspx
CASE STUDY
The Energy Generation over the life of the system since installation
The monthly Energy Generation over the life of the system since installation
04
Bank Alfalah Limited (BAFL) is the sixth largest bank in Pakistan that is operated by the Abu Dhabi Group. It is currently conducting business through a network of 471 branches across 163 cities in Pakistan with a network of 472 ATMs. The Bank provides financial solutions to consumers, corporations, institutions and governments through a broad spectrum of products and services. It aims to continue investing in its core strengths to provide 'best in class' products and services to its diverse range of clients, one of which is the investment in solar that will enable Bank Alfalah to operate and promote renewable energy resource with the aim of GOING GREEN. Bank Alfalah installed a pilot of 1.8KWp solar power plant at the two branches i.e. Baghbanpura Fortress Stadium branches' ATMs. With the solar plants installed, the ATM's, security system, branch servers and routers have been made operational for 24/7. The solar plants produce 12KWp of energy each per day (4.38 MWp per annum) per ATM. The power plants installed will have breakeven within the first two years of its installations, with a payback period of 10 and 18 months respectively. This solution will gain the bank financial saving of PKR 1.74 Million (USD 168932) and PKR 0.97 Million (USD 94174) annually and PKR 110 Million (USD 106796) and PKR 61 Million (USD 59223) over the next 25 years.
On April 2nd 2013 Buksh Energy Pvt. Ltd. partnered with Bank Alfalah Limited to convert its Baghbanpura branch on solar and on the 25th of April 2013 the Fortress Stadium branch followed. With the successful pilot executed, Bank Alfalah has stepped ahead and signed a Memorandum of Understanding with Buksh Energy to convert their complete ATM network and some of their bank branches on solar, with 16 branches in process at the moment. These include the Zarar Shaheed Cantt branch, Shaadman, Ravi Road, Badami Bagh, Okara, Vehari Road Multan, BG Bosan Road Multan, IBG Gulberg Main branch, BG Kacheri Bazar Faisalabad, BG Khadim Ali Road Sialkot, IBG Uni Tower branch Karachi, BG Dewal branch, B Awan Arcade Islamabad, Pishin branch, Gujranwala branch and Loralai branch.
The data below shows the investment
and savings in millions which
Buksh Energy will be incurring for
a network of their ATMS's.
BAFL fortress 1 ATM
Investment ( In Million PKR ) 1.5
Cumulative Saving ( 25 Years)
( In Millions )69.9
CASE STUDY
05
YearsTotal Investment on
Solar System(PKR)
Saving from Diesel &
Wapda with 7%
Inflation Rate
Payback
Apr-13
Apr-14
Apr-15
Apr-16
Apr-17
Apr-18
Apr-19
Apr-20
Apr-21
Apr-22
Apr-23
1,500,000 1,106,477
1,183,930
1,266,806
1,355,482
1,450,366
1,551,891
1,660,524
1,776,760
1,901,133
2,034,213
2,176,608
-
790,407
1,266,806
1,355,482
1,450,366
1,551,891
1,660,524
1,776,760
1,901,133
2,034,213
2,176,608
Apr-24
Apr-25
Apr-26
2,328,970
2,491,998
2,666,438
YearsTotal Investment on
Solar System(PKR)
Saving from Diesel &
Wapda with 7%
Inflation Rate
Payback
Apr-27
Apr-28
Apr-29
Apr-30
Apr-31
Apr-32
Apr-33
Apr-34
Apr-35
Apr-36
2,853,089
3,052,805
3,266,501
3,495,456
3,739,817
4,001,605
4,281,717
4,581,437
4,902,138
5,245,287
2,328,970
2,491,998
2,666,438
2,853,089
3,052,805
3,266,501
3,495,456
3,739,817
4,001,605
4,281,717
4,581,437
4,902,138
5,245,287
CASE STUDY
06
BAFL Baghbanpura 1 ATM
Investment ( In Million PKR ) 1.5
Cumulative Saving ( 25 Years)
( In Millions )110
Annual Comparison- Buksh Energy (Bank Alfalah Fortress)
CASE STUDY
The Energy Generation over the life of the system since installationThe monthly Energy Generation over the life of the system since installation
07
Annual Comparison- Buksh Energy (Bank Alfalah Baghbanpura)
“Our collaboration with Buksh energy is part of our broader aim to move in the direction of environment friendly alternate energy sources, which should also enhance our efficiency by both reducing costs as well as ensuring zero downtime. ATM are a key delivery channel for any bank and we are pleased that with this conversion, our ATM's are now functioning 24 hours a day, 7 days a week.” Mr Atif Bajwa (President Bank Alfalah).
Online digital software, Sunny Portal, Monitors and extracts regular reports of the solar plants
each ATM Data of the solar plants is Refreshed every 15 minutes Daily and monthly reports
for online view and via email intimation are sent to the management of Bank Alflah.
Constant monitoring on the online portal that records and monitor the energy production of the plants. The graph shows the monthly energy yield by the solar plant at Baghbanpura ATM in the month of May, '13.
The software generates the below statistics in Graphical representation.
Input Vs Output
Battery charging and Discharging status
Solar production
Online information of the System
Grid availability and feed-in
Energy meter Status
Errors and Warnings
CASE STUDY
http://www.bankalfalah.com/
The Energy Generation over the life of the system since installationThe monthly Energy Generation over the life of the system since installation
08
Key drivers and Support factors
ATMs are mission critical machines for financial institutions and convenient online banking sources for the customer. Ensuring that the ATM is online 24/7 is a crucial for the banks. The probability of downtime of the ATM at night is greater as compared to day time because of uncertainty of efficient load conversion. A generator is required not only for smoother functioning of the ATM but also for the avoidance of downtime. Moreover, a generator of 40 KVA at the Bank Alfalah Fortress branch and 100 KVA at Baghbanpura branch will run the whole branch during the day serving the load of 50KW and 55.4KW respectively for the branches and the ATM altogether. Whereas, the same generators were operated to bear the load of 1.2KW of ATMs each post branch operational hours. Post installation, the generator's operational hours and fuel consumption reduced tremendously.
The installation of the solar plant freed Bank Alfalah from the hassle of appointing a human resource to ensure the ATM link remains online during the night and the generator is running effectively to run the ATM during load shedding hours. The consumer service index has been positive for Bank Alfalah since the installation of the solar plants increasing the brand value for its efficient and consistent service. Most importantly this conversion has enabled Bank Alfalah to reduce the carbon footprint by 5,760kg.
This initiative by Bank Alfalah and UBL will largely gain on brand equity for adapting to green solutions. They have gained recognition at a national level through press for its green initiative and paving way towards the direction of becoming the environment-friendly bank in the financial services industry and setting a successful example for other financial institutions. Following their lead other banks like Soneri Bank are also to follow suit.
“We have found a way to make running ATMs increasingly cost-efficient and energy efficient for UBL, and we hope to be able to do the same for many others in the future. The smallest things make the biggest differences and the conversion of ATMs across the country to solar power will generate 25,300 MWh of energy yearly.” Mr. Asim A. Buksh – CEO (Buksh Energy).
CASE STUDY
