Energy Efficiency Services
10+ Anchor Realty Interview Questions and Answers
Q1. Describe the current energy efficiency market scenario of the country
The energy efficiency market in the country is growing rapidly.
The government has launched various initiatives to promote energy efficiency such as the National Mission for Enhanced Energy Efficiency (NMEEE).
The market is driven by the increasing demand for energy-efficient products and services due to rising energy costs and environmental concerns.
The adoption of energy-efficient technologies such as LED lighting, smart thermostats, and energy-efficient appliances is increas...read more
Q2. Methods and technicalities in preparing Cash Flow Statement.
Cash Flow Statement preparation involves analyzing cash inflows and outflows.
Identify cash inflows and outflows from operating, investing, and financing activities
Calculate net cash flow by subtracting cash outflows from cash inflows
Prepare a statement of cash flows using the direct or indirect method
Ensure accuracy by reconciling beginning and ending cash balances
Q3. Responsibility in solar utilities project and dealing with DISCOM and regulatory bodies.
Dealing with DISCOM and regulatory bodies is a crucial responsibility in solar utilities project.
Ensuring compliance with regulations and policies
Negotiating with DISCOM for power purchase agreements
Maintaining good relationships with regulatory bodies
Providing necessary documentation and reports
Handling any disputes or issues that may arise
Staying up-to-date with changes in regulations and policies
Collaborating with legal and finance teams
Ensuring timely payments and adheren...read more
Q4. Recent Developments in Direct pr Indirect taxation.
Recent developments in direct and indirect taxation include changes in GST rates, introduction of e-invoicing, and new tax slabs.
GST rates have been revised for various goods and services, such as reduction in rates for hotel room tariffs and outdoor catering services.
E-invoicing has been introduced for businesses with a turnover of over Rs. 500 crore to improve tax compliance and reduce errors.
New tax slabs have been introduced in the Union Budget 2020, giving taxpayers the ...read more
Q5. Standards and procedures of electricity acts and norms stated by govt.
The government has set standards and procedures for electricity acts and norms.
The Electricity Act, 2003 lays down the legal framework for generation, transmission, distribution, and trading of electricity.
The Central Electricity Authority (CEA) is responsible for preparing the National Electricity Plan and enforcing technical standards.
The Bureau of Energy Efficiency (BEE) sets energy efficiency standards for appliances and equipment.
The National Tariff Policy regulates the ...read more
Q6. Significance of energy efficiency on Indian economy
Energy efficiency is crucial for India's economy as it can reduce energy costs, increase productivity, and decrease carbon emissions.
Energy efficiency can lead to cost savings for businesses and households, which can boost economic growth.
Improved energy efficiency can also increase productivity and competitiveness of industries.
Reducing energy consumption can help decrease carbon emissions, which is important for India's commitment to combat climate change.
Government initiat...read more
Q7. How LED helps fights global warming
LEDs consume less energy and emit less heat, reducing carbon emissions and combating global warming.
LEDs use up to 80% less energy than traditional incandescent bulbs
LEDs emit less heat, reducing the need for air conditioning and further reducing energy consumption
LEDs have a longer lifespan, reducing the need for frequent replacements and waste
LEDs can be powered by renewable energy sources such as solar power
LEDs can be used in outdoor lighting to reduce light pollution and...read more
Q8. How many single phase light Watt
The wattage of single phase lights varies depending on the type and size of the light.
The wattage of single phase lights can range from 5 watts for LED lights to 100 watts for incandescent lights.
It is important to consider the power consumption and brightness needed when selecting single phase lights.
Consult the manufacturer's specifications for the exact wattage of a specific single phase light.
Q9. Major updates under Ind AS
Ind AS updates include changes in revenue recognition, lease accounting, and financial instruments.
Ind AS 115 introduced a new revenue recognition model
Ind AS 116 changed the accounting for leases
Ind AS 109 introduced new rules for financial instruments
Ind AS 32 and 107 were revised to align with the new financial instruments standard
Ind AS 103 was revised to align with the new business combinations standard
Q10. On project planning n management Cost analysis Execution in time of frame
Q11. How Street light connection
Street light connections involve wiring the lights to a power source for illumination.
Street lights are typically connected to an electrical grid for power supply.
The connection involves wiring the lights to a power source using appropriate cables and connectors.
Proper grounding and insulation are essential to ensure safety and prevent electrical hazards.
Regular maintenance and inspection of the connections are necessary to ensure proper functioning.
In some cases, street ligh...read more
Q12. Use of SPD in street light
SPD is used in street lights to protect them from voltage surges and lightning strikes.
SPD stands for Surge Protection Device.
It is installed in the street light circuit to protect it from voltage surges and lightning strikes.
SPD diverts the excess voltage to the ground, preventing damage to the street light.
It is important to use SPD in street lights as they are exposed to outdoor elements and are prone to voltage surges.
Examples of SPD used in street lights include gas disc...read more
Q13. Types of solar modules
There are three main types of solar modules: monocrystalline, polycrystalline, and thin-film.
Monocrystalline solar modules are made from a single crystal of silicon and are the most efficient and expensive.
Polycrystalline solar modules are made from multiple crystals of silicon and are less efficient but more affordable than monocrystalline.
Thin-film solar modules are made from a thin layer of photovoltaic material and are the least efficient but also the most affordable.
Othe...read more
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