Frequently Asked Questions on Solar Power

Solar Power industry in India is gaining more and more prominence with each passing day. The domestic/off-grid industry is picking up speed too. Owing to the queries we are receiving regarding the various issues pertaining to Solar Power Plant setup, we thought it would be a great idea to put together a bunch of questions and answer the same. We shall keeping adding to the list as we keep receiving more queries. So, here are the most Frequently Asked Questions and our answers for the same. Do let us know in case you would like us to answer any more questions. Also, kindly point out any inaccuracies/mistakes that you may find here so that we can correct the same for the benefit of everyone. We have tried our best to provide the best and most accurate information. However, inputs or responses to questions from other industry experts are encouraged and extremely appreciated.

[Update - 31-08-2014: The FAQs page has been updated. CERC Benchmark Cost and related details have been updated from 2013-14 figures to those of 2014-15.] 

 

 

General

How much land is required to setup a 1MW solar power generation Unit?

The land required for a 1 MW power plant setup is around 4.5-5 acres for Crystalline technology and around 6.5-7.5 acres for Thin-Film technology. This is only a rough benchmark and may vary based on technology and efficiency of panels.

 

What is the life-time of a typical Solar Power plant?

The useful life of a typical Solar Power plant is considered to be 25 years. This is the duration for which long-term PPAs are signed and financial models are built. However, Solar Power plants can run beyond 25 years while producing a lower output. Many Solar Panel manufacturers guarantee an output of 90% at the end of 10 years and 80% at the end of 25 years.

 

What is the annual energy generated from a 1 MW Solar Power plant?

The usual benchmark for energy generated from a 1 MW Solar Power plant is considered as 1.5 Million units. This is only a benchmark and should not be considered as the actual output for a given location. The amount of actual energy generated from a Solar Power Plant in an year depends on both internal and external factors. External factors which are beyond the control of a Solar developer can include the following:

  • Number of sunny days
  • Solar Irradiation
  • Day Temperatures
  • Air Mass

The output also depends on the following internal factors all of which are within the control of a Solar Developer:

  • Plant Location
  • Usage of Solar Tracking systems
  • Quality of equipment used
  • Workmanship of the EPC contractor
  • O&M activities

 

What are the various modes under which we can setup a Solar Power plant?

The various modes under which a Solar Power plant can be setup depends on the specific requirement. All the following are valid modes and the costs for each kind of system varies based on various factors:

  • Off-Grid Captive Consumption for domestic premises
  • Off-Grid Captive Consumption for commercial premises
  • Grid Connected (Net Metered) Captive Consumption for domestic premises
  • Grid Connected (Net Metered) Captive Consumption for commercial premises
  • Sale of Power generated to local Distribution Company (DISCOM)
  • Sale of Power generated to 3rd Party consumer (Industry or Commercial entity)

 

What is the cost of setting up a Rooftop Solar Power plant for domestic or commercial use?

Rooftop Solar Power plants can be broadly categorized into Battery-based and Non-Battery based systems. The benchmark cost set by MNRE for the year 2013-14 for these systems are Rs.90-100 per W for Non-Battery based systems and Rs.170-210 per W for Battery-based systems. More details can be accessed on the following MNRE webpage: http://mnre.gov.in/file-manager/UserFiles/amendmends-benchmarkcost-aa-jnnsm-2013-14.pdf

 

What size Solar Power plant is required for domestic or commercial use?

Identifying the Solar Power plant size for your domestic or commercial premises depends on the following factors:

  • Wattage of appliances to be run on Solar
  • Monthly energy consumption from these appliances
  • Energy Backup or Days of Autonomy required
  • Roof space available for plant setup

Based on these factors, the power plant sizing can be accordingly done at your end.

 

 

Permissions and Bank Loans

What permissions/clearances are required to setup a Solar PV Plant?

A certain set of permissions need to be obtained and documents need to be submitted in order to setup a Solar PV plant. While these may vary from state-to-state, in order to get a Solar PV Project Accredited by AP State Load Dispatch Center (AP SLDC) for REC mechanism, the following are the statutory clearances and environmental clearances to be furnished:

    1. Industrial Clearance
    2. Land conversion (Agricultural to Non-Agricultural)
    3. Environmental Clearance Certificate from APPCB, Hyderabad
    4. Contract labour license from AP Labour Department
    5. Fire Safety certificate from AP Fire Department
    6. Latest tax receipt from the Municipal/Gram Panchayat for the factory land.
    7. Auditor compliance certificate regarding fossil fuel utilization
    8. Approval from Chief Electrical Inspector
    9. Clearance from Forest department

Also, all necessary approvals/agreements before start of Solar PV project construction are to be furnished as and when necessary. These include the following:

    1. Land purchase
    2. Power Evacuation arrangement permission letter from DISCOM
    3. Confirmation of Metering Arrangement and location
    4. ABT meter type, Manufacture, Model, Serial No. details for Energy Metering.
    5. Copy of PPA (important as Preferential PPA projects are not eligible for REC mechanism)
    6. Proposed Model and make of plant equipment
    7. Undertaking for compliance with the usage of fossil fuel criteria as specified by MNRE
    8. Details of Connectivity with DISCOM
    9. Connectivity Diagram and Single Line Diagram of Plant
    10. Details of pending court cases with APERC, Supreme Court of India, High Court of A.P. or any other courts
    11. Any other documents requested by AP SLDC

While these are the documents that AP SLDC requires for REC project accreditation, these are typically the clearances/documents required in general for a Solar PV project.

 

Can Solar Power developers avail loans from banks for Solar Power plant setup? What is the loan % and what criteria does a bank/lending institution look for?

There are 2 kinds of Financing mechanisms that are usually discussed – Recourse Financing and Non-Recourse Financing. Recourse Financing requires collaterals and other extensive guarantees from the Solar developer who wishes to avail loan. Non-Recourse Financing, on the other hand, does not require any additional collateral as the Asset or Power Plant itself is the collateral in this case. Recourse Financing is the prevalent mechanism in India currently owing to lack of confidence of banks in the Power and Solar Power sector. The typical Debt-Equity Ratio (Loan to Investment Ratio) for Solar Power plants is 70:30. And the typical collaterals required for a 70% project cost loan could be in the range of 40-60% project cost. This, however, varies from bank to bank as each bank has its own risk perception/mitigation strategy, exposure targets to various sectors and Non-Performing Asset (NPA) limits.

 

 

Setup Costs and Power Sale Tariff 

What would be the total project cost excluding the cost of land?

Total project cost per MW would be in the range of Rs.6.5 Crores-Rs.8 Crores depending on the kind of technology you are using, whether or not you are using tracking systems, the kind of EPC Contractor you choose for power plant system etc. CERC recently announced the benchmark tariff for setup of Solar PV and Thermal Plants in India. Here are the links to the documents containing more details: http://www.cercind.gov.in/2014/orders/SO353.pdf and http://www.cercind.gov.in/2014/orders/SO354.pdf

The table below indicates CERC determined benchmark cost for Financial Year 2014-15.

CERC benchmark Cost for Solar PV for 2014-15

 

What would be the O & M cost?

Central Electricity Regulatory Commission (CERC) benchmark costs for O&M is Rs.12.3 lakhs/year/MW for 2014-15 with a 5.72% increase every year. This varies from project to project based on the number of people you employ for maintenance, frequency of cleaning of panels, onsite-engineer availability etc.

 

What would be the per unit expected sale price?

This depends on the mode of sale of power and the consumer of power.

  • In the case of sale of power to DISCOM, the prevailing Average Pooled Power Purchase Cost (APPC) will be applicable.
  • In the case of sale of power to 3rd Party consumer, a mutually agreed price can be agreed upon and accordingly a PPA can be signed.

It is to be kept in mind that several additional charges such as Wheeling Charges, Distribution Charges, Open-Access Charges, Cross-Subsidy Charges are applicable in the case of sale of power to 3rd party. These charges vary from State-to-State and DISCOM-to-DISCOM and even based on voltage levels.

 

 

RECs and Carbon Credits (CERs)

Which kinds of Solar Power plants are eligible for REC benefits?

Solar Power Plants need to be Grid-Connected on order to avail REC benefits. Though there have been recommendations on multiple occasions that Off-Grid Solar Power plants be made eligible for RECs, the proposal is still under discussion. Solar Power plants setup under the following 3 modes are eligible for REC benefits:

  • Captive Power plants
  • Sale of power to Govt. at APPC
  • Sale of power to 3rd party at mutually agreed price

Captive Power Plants are eligible for RECs subject to the condition that Concessional/Promotional Transmission or Wheeling Tariffs and/or banking facility benefit are not availed. Also, Solar Power plants setup under Preferential Tariff schemes are not eligible for RECs. Check out more information on RECs on our REC page here – http://efficientcarbon.com/services/energy/renewable-energy-certificates

 

Is there a minimum size for Solar Power plants to be eligible for RECs?

As per the Second Amendment of REC Principal Regulations – 2013, there is no lower limit for Solar Power plants to be eligible for RECs. Though it previously stated that 250 KW is the minimum size for Solar Power plants to be eligible for RECs, the same has been removed as part of the above stated amendment.

 

Can CDM benefits (Carbon Credits) be availed for a Solar Power plant?

Yes. REC Mechanism and CDM are mutually exclusive and hence a power developer can claim CDM benefits (Carbon Credits) also. However, it is to be noted that the current trading prices of Carbon Credits or Certified Emission Reductions (CERs) at the European ETS system is less than 0.7 Euro which are pretty low compared to the 15-20 Euro trading prices a few years back. At these prices, getting a Solar project registered under CDM mechanism does not make any sense as the payback for the expenses in the process itself takes several years. Unless the Solar Power Plant is of size 10 MW or more it does not make financial sense to go for Carbon Credits (CERs).

 

 

Benefits for Solar Power plants

What kind of Central/State benefits are available for Solar Power plant setup?

Solar plants can be categorized into 2 broad categories – Grid Connected and Off-Grid plants. The usual Govt. support available for an Off-Grid plant is a Capital Subsidy of 30% on the project cost upto a maximum size of 500 KW. This can be claimed by the Manufacturer/Supplier/EPC Contractor (should be an MNRE accredited supplier) on behalf of the customer. The list of MNRE accredited suppliers (all across India) can be downloaded from http://mnre.gov.in/file-manager/UserFiles/list_channelpartners_sp_jnnsm.pdf

Subsidy is not available for Grid Connected plants that engage in sale of power either to the local DISCOM or a 3rd party. Following are the benefits a Solar Power Developer involved in Sale of Power Generated can avail:

  • Accelerated Depreciation – Upto 90% of asset value with 80% depreciation allowed in the first year.
  • 10 years Tax Holiday – Tax holiday can be availed for 10 years during which time Minimum Alternate Tax is still applicable (19.9305%) which can be offset against tax payable later.
  • Other State specific exemptions which vary from state to state.

 

Can Accelerated Depreciation benefits be claimed by Solar Power Developers?

Yes. Accelerated Depreciation benefits can be claimed by Off-Grid and Grid-Connected Solar Power Developers in order to offset taxes on profits from their connected businesses. Typically, 90% depreciation is allowed with 80% allowed in the first year.

 

Can Capital Subsidy be claimed for a 1 MW Solar Power plant (or greater size)?

No. Capital Subsidy cannot be claimed for plants beyond 500 KW size. Also, capital subsidy is made available only to Off-Grid and Decentralized Solar Power applications and not Grid Connected Plants that are in the business of selling the generated power.

 

Is there any subsidy available for Solar Power plant setup?

Capital Subsidy of 30% is applicable only for captive power plants up to 100 KW. Subsidy will not be applicable in case of sale of power.

 

 

Setting up Solar Power plant in Andhra Pradesh

We would like to setup a Solar power plant in Andhra Pradesh but we have not participated in AP solar bidding. What are the other options?

Since you have not participated in AP Solar Bidding, one other way would be the REC route. You can sell the generated power to APTRANSCO or third party consumer. Through this route, you sell power to APTRANSCO/third party and also claim RECs for the same. This way, you will be able to get a base tariff (APPC) from APTRANSCO and then additional revenue can be generated through sale of Solar RECs. However, it is to be kept in mind that the following additional benefits may be availed for a Solar PV Project commissioned before June 2014 subject to the condition that REC benefits are not availed (in case of Captive Generating Plants and Plants setup under Preferential Tariff basis):

  • Exemption from  Electricity Duty
  • Exemption of Wheeling Charges, Transmission Charges and Cross-subsidy Charges
  • Refund of VAT
  • Refund of Stamp Duty and Registration Charges for purchase of land

However, it has to be kept in mind that REC revenue is market driven and can fluctuate as both demand and supply are pretty low on Solar front right now. Kindly refer to our monthly newsletter – REChronicles (http://efficientcarbon.com/services/energy/renewable-energy-certificates) – for more and up-to-date information on the REC market.

Download documents relevant to Andhra Pradesh Solar Policy here –http://nedcap.gov.in/PDFs/2012ENY_MS39.pdf
http://nedcap.gov.in/PDFs/Amendment_to_AP_Solar_power_policy.pdf

 

 

Miscellaneous

I have land and some company posted that they are looking for people having land and ready to invest about Rs.10 lakhs. Can I go ahead with this investment?

It is difficult to comment much without more information about the company. However, it is advised to check the company’s track record to understand the company’s previous projects and the revenues/returns from such projects. A couple of things that you might have already understood from the info on this FAQs page is that a typical good quality Solar PV Power plant required Rs.6.5-8 Crores for setup. In line with this, the investment of Rs.10 lakhs you have been asked to make comes to around 1.5% of total project cost which is not much. If your land also has certain value, that can be factored into your equity contribution to the project. While we am not sure about the promise made by the company to you in terms of returns, kindly make sure that your investment has been duly considered in project equity and the associated returns. Also, it is possible that there are several other investors such as you who might be investing in the project. You might ask the company details regarding the same. Following are a few more things you can ask the company to provide:

  • Is the entire project equity funded from investors such as you? If ‘Yes’, who are the other investors? If ‘No’, what is the debt portion, where is it coming from and what is the interest rate?
  • Where is the project going to be setup?
  • Who is the power sold to and at what price is it being sold?
  • What are the yearly estimated revenues and returns?
  • When would you as an investor start making money (important as payback period is reasonably high for Solar Projects)?

As an investor, you have every right to know the answers to these questions. Kindly evaluate all scenarios and clarify all you queries before making such an investment.

 

643 thoughts on “Frequently Asked Questions on Solar Power

  1. Ranbir

    Very attractive 300 MW solar policy for farmers in Karnataka. The PPA rates would be around Rs 8.40/KWh. Any investor interested can contact me. Excerpts from the “Guidelines” of the policy below. Full document can be sent on request.

    Guidelines and Instructions for Institutions
    In order to effectively implement the Solar Policy 2014-21, especially with respect to the allotment of projects to promote distributed generation by land owning farmers throughout the State under Clause 8, Segment 1, Category 1 of Solar Policy. Government of Karnataka issued an order vide no. EN 62 VSC 2014, Bangalore dated 26.08.2014.
    As per the order ESCOMs invites applications from land owners to set up 1 to 3 MW solar projects. The eligibility and guidelines are as follows:
    1. The agricultural land owners are eligible for applying for allotment under this category.
    2. The total maximum capacity reserved under this category is 300MWp for the policy period 2014-21.
    3. Out of this 300MWp, 3% i.e. to an extent of 9MWp is reserved for allotment to land owning
    Universities, Charitable Institutions, Trusts and Societies which have educational institutions, to
    facilitate and encourage research and development activities.
    5. The minimum capacity is 1MWp and maximum is 3MWp under this category for each applicant.
    6. The applicant having RTC/Sale deed are eligible to apply under this category as a proof of land holding / joint holding. The applicant has to furnish the documents of total required land for his applied capacity. (Thumb rule approximately 5 acres for 1 MWp). All applicants have to furnish RTC in proof of
    land holding.
    7. If the land holding is held jointly each of the joint holder is individually eligible to apply for minimum
    1MWp to maximum 3MWp depending upon the extent of required land.
    8. Applications will be received after 15 days from the date of notification by KREDL.
    9. The applications to an extent of twice the quantity allotted to each ESCOM will be received.
    10. The application fee of Rs 11,236/-per MWp (Rs10,000+12.36%ST) (Non Refundable) to be paid to the
    respective ESCOM.
    11. The original DD for application fee along with the RTC/certified copy of the sale deed and caste
    certificate if applicable, shall be submitted to respective ESCOMs within 8 days from the date of submission of online application. If the original DD and other documents are not received within 8 days, the application will be treated as cancelled. ESCOMs will not be responsible for postal delays.
    12. ESCOMs will scrutinize the application and verify the original documents and send it with all documents to KREDL for allotment.
    1
    13. ESCOM wise allotment shall be made on first come first served basis on the basis of date and time of online submission of application, subject to eligibility. Lists of all eligible applicants have to be prepared and operated as per seniority.
    14. Within 60 days of allotment, the allottee has to furnish RTC in proof of agricultural land holding along with a processing fee of Rs. 1,12,360/- per MWp (Rs. 1,00,000+12.36% ST) (Non refundable ) to KREDL. If the allottee fails to produce RTC and processing fee within 60 days from the date of intimation of allotment the allotment stands cancelled and project will be allotted to the next eligible applicant on seniority.
    15. The successful applicant has to produce performance Bank guarantee of Rs. 10 lakh per MWp to respective ESCOMs and enter into PPA at the rate determined by KERC from time to time for a period of 25 years.
    16. KREDL will forward the proposals as and when received to MNRE for extending Excise & Customs duty benefits.
    17. The allottee has to complete the project within 18 months from the date of allotment, failing which the allotment will be cancelled and the performance guarantee will be forfeited.
    18. Other general terms and conditions will be as per Solar policy 2014-21.
    19. Approximately, 5 Acres of Land is required for 1 MW (PV Technology). Capex Rs. 7-8 Crores per MW.

    I have a plan for investors in place.
    For more details please contact me :
    ranbir.ghosh@laxvenpower.com
    +919845143753

    Reply
  2. Arikatla chaitantya

    sir,
    i am interested about this solar project,i have 10 acres of land can you plz send the project details to established in andhra pradesh alone with your contact details and mobile number.

    Reply
  3. anil singh

    Hi,
    Any consultants local to hyderabad please get in touch with me. I have around 8 acres of land close to the city and would like to understand the best possible infrastructure setup in this land. Please mention the plant size, the approximate costs and time involved to go live in your fist email.
    Thanks,
    Anil
    tasingh@hotmail.com

    Reply
  4. sreedhar

    seems this is one more bubble too many consultants and too many unsophisticated investors wanting to setup 1MV plants…. if i see it correctly the ROI is about 10%..which you can also get in FD with out any risk (correct me if i am wrong here)…. else keep away from this it will just be bubble like realestate….. solar per unit prices will only go down with improved efficiency of PV…. unless you are doing this on massive scale its not worth the risk…. if you try to do with borrowed money on 15% interest rates you will sink in no time….. this is no growth business you cant grow it if you don’t pump in more money and all that money will have to be converted into assets unlike other businesses …. this is high risk you are warned…..

    Reply
  5. sai deexith

    hi all i’m intrested in setting up of 25MV in telangana region i have 126 acres land in nalgonda dist i am looking out for forigen funding

    Reply
    1. Muralidharan.V

      PLEASE CONTACT US WITH YOUR MOBILE NO EMAIL ID TO THE FOLLOWING . cAN PROVIDE GOOD O/P GAURANTEE WITH FOREIGN FUNDING AND PPA.

      Muralidharan.v.
      09445094041

      Reply
  6. Maham

    Hi, I want to know that if an electric utility wants to set up a 10 MW solar power plant, how is the payment generally guaranteed (from a buyer’s perspective)?

    Reply
  7. Ranbir

    We are a complete solar turnkey solutions provider providing finance and technology for projects with capacity more than 5 MW and above.
    We fund for both govt. PPA’s and Pvt. PPA’s. Funds can be arranged at 1% + LIBOR or @ low interest rates in $’s. Technologies we use are from Germany, US of A, France etc.
    Debt-Equity funding and 80-100% finance can be arranged.
    Please contact me if you have a valid PPA and is planning to set up a Solar Plant.
    Ranbir Ghosh – Director
    LAXVEN POWER PVT. LTD.
    ranbir.ghosh@laxvenpower.com
    +919845143753

    Reply
  8. Swarupa B

    Mr,Pradeep, I’m interested in setting up 1MW plant in Andhra Pradesh. Can I have your contact detail or else your mail ,so that i can get the complete information on the project.My mail – swarupa.mech34@gmail.com.
    Reply me as soon as possible you can.

    Reply
  9. bhavani prasad

    A good information ….. but I didn’t get u DAT is it beneficiary to keep a solar 1MW in andhra Pradesh .how much cost will be paid by government for1unit …….

    Reply
  10. Sravan Kumar

    If anyone interested in Setting up Solar Power projects in telangana Region we can provide you land from 25 to 800 acres Which are very near to the power Grids

    Reply
    1. Muralidharan.V

      Dear Sir ,
      Please let me know the location and also your contact no along with tentative price /acre so that I can communicate to my friend who is looking for land for solar projects.

      Regards ,
      Muralidharan.V
      09445094041

      Reply
  11. Sravan Kumar

    If anyone interested in Setting up projects in telangana Region we can provide you land from 25 to 800 acres Which are very near to the power Grids

    Reply
  12. aditya

    hello sir,
    what are various charges applicable on the developer in case of 3rd party sale by state transmission utility ?How much percentage does it holds in yearly revenue?Do you think 3rd party sale holds a great scope ?

    Reply
  13. SACHIN KULKARNI - 7875492258

    Dear sir,
    I am interested in 1 mw solar power plant in maharashtra at latur
    Please send offer with all accessories immediate.

    Reply
    1. ANSHUMAN SHRIVASTAVA

      Dear Sir,.

      We are Industrial consultant. and we assist our customers for all industrial projects in terms of finance and technical support.
      We are specialized for non conventional power plant which includes solar power plant also.
      our services are.
      1) site identification.
      2) Financial and technical feasibility study .
      3) Project Report preparation.
      4) Bidding process.
      5) Provide EPC support.
      6) Turnkey projects.
      7) Project finance assistance.

      share your contact details or send me mail for further details.
      Regards
      Anshuman Shrivastava
      anshu4503@yahoo.co.in

      Reply
    2. ANSHUMAN SHRIVASTAVA

      Dear Sir,.

      We are Industrial consultant from pune Maharashtra . we assist our customers for all industrial projects in terms of finance and technical support.
      We are specialized for non conventional power plant which includes solar power plant also.
      our services are.
      1) site identification.
      2) Financial and technical feasibility study .
      3) Project Report preparation.
      4) Bidding process.
      5) Provide EPC support.
      6) Turnkey projects.
      7) Project finance assistance.
      geographically we can work in all states specially in west and north.
      share your contact details or send me mail for further details.
      Regards
      Anshuman Shrivastava
      anshu4503@yahoo.co.in

      Reply
  14. SAMBASIVA PRASAD

    sir,
    I am interested in power plant project in Kanigiri area.Can please send me the detailed information regarding all issues.

    Reply
      1. SAMBASIVA PRASAD

        Sir,
        I am planing for 1 Mw PROJECT.How much it costs?How much land is needed for its establishment?pls give me the details…

        Reply
    1. sama hari kumar

      we had be consultant and supported un setting up 10Mw solar power plant in mehaboobnagar district now we are handling EPC in solar power plants in bengalor we are in solar field from last 8years if you are intrested in solar plant setting up we will help in every step from approval to commissioning.

      contact
      Hari Kumar s
      Regional in-charge
      Avi solar energy Pvt.Ltd Bangolr
      No : 9492721535, 9550567349

      Reply
  15. M.S.Raju

    The expected price for 1 unit of solar power in Telangana is Rs.7. The expected sale of units is 1.5 MU/MW/year. The income would be Rs.1,05,00,000/MW/year of solar power. But the O&M expenditure as per the above FAQs is Rs. 1,23,00,000/MW/year. How is this project feasible? Pl. clarify and enlighten so that we can meet you for further discussions.

    Reply
  16. M.S.Raju

    As per the above, the expected income for 1 MW/year is 15,00,000X7= Rs. 1,05,00,000. The O&M expr. per 1 MW per year is Rs. 1,23,00,000. Hence the proposal is not feasible. Pl. clarify.

    Reply
    1. Pradeep (Post author)

      Dear Mr.Raju,

      Apologies. It was indeed a typo as pointed out by Mr.Gowri Shankar. The O&M cost per year per MW as suggested by CERC is Rs.12.3 Lakhs. This can vary from project to project. You can refer to the following docs for CERC benchmark Cost and Unit Tariff details – http://www.cercind.gov.in/2014/orders/SO353.pdf and http://www.cercind.gov.in/2014/orders/SO354.pdf

      These are not hard and fast numbers and can be different for each project. It is only a suggested benchmark.

      Reply
  17. upendra reddy

    I am interested in setting up 1MW solar plant at kurnool district in Andhra pradesh.I am not participated in Tender.How to apply and send me details.

    Reply
    1. Pradeep (Post author)

      Dear Mr.Shankar,

      1 Unit of Energy is represented as 1KWhr or 1000Whr i.e. 1000 Watt-hours.

      Energy is based on time but power is instantaneous. A 100W incandescent bulb running for 10 hours consumes 100W*10hours = 1000Whr or 1 Unit of Energy. Similarly, a 40W Tubelight running all day (24 hours) consumes 40W*24hours = 960Whr i.e. approximately 1 Unit of Energy.

      Hope it’s clear.

      Reply
    1. Rajashekar

      Hello karthick ramaiah as i mentioned i have more than 25 acres of land at one stretch with very good road approach Mulbagal, Kolar dist, & interested in investing for at least 1MW solar power generation. So guide me how to go about it & how much it may cost to gererate the same.
      Name:Rajashekar
      Contact Number:09448316136
      E-mail: yeshits@rediffmail.com

      Reply
  18. Chetan Desai

    Solar Power Project Funding Terms. any one interested can send me Detailed Project Report along with financials. Funding can be arranged. Minimumm Project Size should be 5 MW. Interested persons kindly contact me.

    The technology will be German.
    Debt funding to the extent of 80% will be possible at Libor + 500 bp ( as per RBI Norms)
    EPC will be done by the German Company.
    25 year warranty
    O&M can also be fixed up with the same company.
    Equity can also be arranged on case to case basis

    Reply
    1. Umesh Bhardwaj

      I am interested in setting up 5MW SPP in UP.
      I am applying for aa govt tender also.
      How can you help?
      My mobile nu. 8874200989

      Reply
      1. ANSHUMAN SHRIVASTAVA

        Dear Sir,.

        We are Industrial consultant. and we assist our customers for all industrial projects in terms of finance and technical support.
        We are specialized for non conventional power plant which includes solar power plant also.
        our services are.
        1) site identification.
        2) Financial and technical feasibility study .
        3) Project Report preparation.
        4) Bidding process.
        5) Provide EPC support.
        6) Turnkey projects.
        7) Project finance assistance.
        geographically we can work in all states specially in west and north.
        share your contact details or send me mail for further details.
        Regards
        Anshuman Shrivastava
        anshu4503@yahoo.co.in

        Reply
      1. A land consultent

        First you select 33kv sub station which is govt. Sellected then you purchase a land of 30 acres. Last date for bidding 22 nd sep 2014

        Reply

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State of Sustainability Reporting in India

EfficientCarbon analysis on the trends of sustainability reporting in India.

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