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The solar power tariff in India has experienced a drastic fall over the last few years. In India, the total solar power generation capacity increased from 461 MW in 2011 to 6, 763 MW in 2016. Over the last few years, the solar power generation capacity has increased significantly due to the favorable government initiatives with developments in manufacturing technology of solar panels. Our Indian solar industry is expected to have double-digit growth during the next few years, due to the government’s policy to increase the share of solar power in the country’s energy mix and falling equipment costs globally.
Installation of 200 KW solar power plant. Unit generation - 3, 20, 000 units / year. Amount saving - Rs.27, 23, 200 / year ROI - 3 years
Rajasthan plans to set up 30, 000 MW solar capacity in 5 years Rajasthan plans to set up 30, 000 MW of solar power plants in next five years and is in talks with leading private and state-run companies to develop energy parks, the state’s energy minister BD Kalla told ET. This will add to an already installed capacity of around 50, 000 MW in the state, he said. “We have come up with a new solar policy in which we are giving a host of incentives, including relaxations in stamp duty, electricity duty and transmission and wheeling charges. We are also allowing banking of energy for captive consumption and third-party sale on yearly basis, ” Kalla said. Recently, the Centre allocated Rajasthan a 25, 000 MW ultra mega renewable energy park. The state government has identified land bank of 125, 000 hectares in three districts — Bikaner, Jaisalmer and Jodhpur—for this park.
Solar Industrial Power Plant. Capacity - 500 KW Energy Generation - 8, 50, 000 units / year. Amount saving - Rs. 72, 33, 500/ year. Module warranty - 25 years.
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