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.

 

3,055 thoughts on “Frequently Asked Questions on Solar Power

  1. B. Girirajan

    I have 3.58 acres of land near NH44-200ft highways near Tuticorin in the state of Tamilnadu. Whom shld i contact to start a solar panel business. My mobile number is 9841323118

    Reply
  2. B. Girirajan

    I have 3.85 acres of land near Tuti1corin, Tamilnadu on NH44-200ft highways. I would like to start solar panel business. Plz tell me whom to contact?

    Reply
    1. Padmanaban

      We are a US based Turnkey Solar Power Solution Company based in Salem, Tamilnadu. You can contact @+91-98942-82030 at time between 10 am to 6 pm – Monday to Friday.

      Reply
  3. Natwarlal rathi

    I am from shajapur (m p) i have a 5acar ag land want to establist solar power plant please gide

    Reply
  4. Ankineedu.k

    Hai All Of You.
    This Is Ankineedu From Vijaywada.
    We Have 30Mw private ppa requirement. WE EXPECTING 5Rs ./unit.cost.
    Customer Providing Land And All feasubulities.
    If You Have intrested investers.Inviting.
    pls contact :095948484/8919439626
    E.mail:ankineedu.k@outlook.com

    Reply
      1. Gurmeet Singh

        We are solar power consultants as well as EPC company based at Ludhiana(Punjab) in India.We are specialist in designing, installation, and maintenance of rooftop solar and open access(ground mounted) solar power systems for businesses and institutions. We provide end to end solutions right from site inspection to installation and commissioning since 2014.

        So basically Prudential Solar Power Consultants has two verticals:

        RENEWABLE ENERGY PROJECTS:

        Under this vertical,we provide turnkey solutions for various renewable energy projects. We support our customer right from selecting our site for the project upto installation and maintenance of the same. With our technical expert team we provide turnkey solutions for solar rooftop projects from 50KW to MW capacity.

        RESCO MODEL:

        In this model we will install the solar power plant at your site(rooftop or ground based) from 50KW to 800KW at our cost. You need to have power consumption of minimum 15000 units per month to qualify. We will maintain and operate the plant for you for 5-20 years. You will pay the electric bills to us at a minimum discount of 20% from your present power bills thus resulting in huge saving for you every year. This model is being greatly appreciated by schools,colleges,hotels,hospitals, factories etc. where there is huge power consumption.

        We also have investors and financiers who can invest in large scale commercial projects if you put in 20% equity from your end. We also specialize in arranging PPA’s for our clients all over India from the government as well as reputed private players

        Sincerely,
        Gurmeet Singh
        Prudential Solar Power Consultants
        Ludhiana-141001
        Punjab
        (M):9915500493

        Reply
        1. Sunil Joshi

          Dear Sir,
          We 2-3 peoples are thinking set up 1 mw solar power plant for commercial purpose in Maharashtra, can you guide us what are the prerequisites for set-up plant? we have 1.5 hector land.

          Reply
          1. Gurmeet Singh

            Please call us on 9915500493 if you are interested in setting up solar power plant on your land. Our EPC cost is lowest in India and we also arrange PPA’s and private investors for your solar power plant. Thanks.

  5. R V RAMANA

    i have 10 acrs of land in andhara pradesh we wil go to solar power systnms how much plant cost. and get margen govt subdidy.

    R V RAMANA.
    9642290999.

    Reply
  6. Sumeet salunkhe

    We have 7 acers land and want to install a solar panels how much it takes a cost and how much bank subsidy and how much we can expect a profit

    Reply
  7. Gurmeet Singh

    We arrange power purchase agreements(PPA’s) for our solar power plant clients all over India. We also arrange investors for our clients who are interested in setting up solar power projects all over India. We also do lowest priced EPC in India with high quality MNRE approved solar equipments. Please call us at 9915500493.

    Reply
  8. Dilip

    I want to start a roof top grid solar plant on my factory . So please guide me on it. Apart from it , guide me for 1 mega watt plant. Kindly reply or contact me.
    Thanks
    Dilip
    8870857285

    Reply
  9. Nilesh K Deshmukh

    Hello All,

    I am having 12 acres of Land in Akola, Maharashtra and 5 acre land in Dhule district.
    looking for investors who can invest to setup Solar power plant.

    Please send me email if interested and we can connect further.

    Thanks
    Nilesh Deshmukh

    Reply
  10. Suresh Menon

    Dear Sir,
    I have 12 cents of compounded land with 50% of land, constructed with shed in the city limits of Palakkad, Kerala.. I intend setting a small solar power generation unit, to be sold to grid. Please guide me in the setup, investments required, project profile ROI etc and oblige. Also provide options in setting up panels their effects, and advise for optimum utilisation

    Reply
  11. Jack

    Aw, this was a really good post. Taaking the ime and actual effot to make a really good article… but wyat can I say… I procrastinate a
    lot andd don’t manage tto get anything done.

    Reply
  12. Anshuman Shrivastava

    Dear all,

    We are pune based EPC Consultant .We are recognized by MNRE and one of the fastest growing roof top system integrator .We design & build world-class, high velocity, competitive, solar plants of the highest quality. Our experienced team, consistently delivers the most advanced, cost-effective plant for our customers. our one of the expertise is into identification of right consumer with good credit rating and strong track record with the help of our strong business development team (Across the country).

    We work under capex and Opex model( Third party financing model).

    As per our understanding The success of the third party financing model will depend on its financial viability for the financer. One of the key estimates for financial viability is the expected internal rate of return (IRR) for an investor. The IRR would be different in different states and different consumer segments because of variations in the cost structure of electricity. Also, the impact of the government’s fiscal incentives plays an important part in deciding the final IRR for
    Based on our primary research, the minimum required cost of equity, or IRR, for rooftop solar investors is 14%.The Indian government offers fiscal incentives to support rooftop solar installation. For the commercial and industrial segments, there is an incentive of 40% accelerated depreciation and for the residential segment, there is a capital subsidy of 30%.
    At current prices with existing fiscal incentives, the average IRRs for the commercial and industrial segments for all states are 17.2%, and 22%, respectively.In particular, the available IRR is more than 20% for industrial segments in five states – Delhi, Haryana, Maharashtra, Odisha, and Uttar Pradesh – which makes them particularly attractive for the third party financing model.

    Below are the main challenges of for third party investor and how we assist them.

    1) Limited access to debt finance

    The internal rate of return of a third party financing project will change with the ratio of debt to equity. To determine what proportion of debt would make the third party financing model viable, we calculate the IRR under different percentages of debt and assist investor to obtain upto 70 % of debt from nationalized banks and other financial institution who understand this market.

    2) Cost of debt

    The cost of debt is another key factor that would affect the IRR.For example, if the cost of debt can be reduced by 5%, it can improve the IRR by 2% to 3%, depending on the grid tariffs.We assist our client to get debt in cheaper rate( Exp- 9%).

    3) Credit Worthiness of Off-taker(Consumer)

    The most significant challenge specific to the third party financing model is consumers’ credit risk.
    Under the third party financing model, rooftop power purchase agreements have contract terms of 15-25 years, consistent with the period required for the third party financer to earn the expected IRR. The investor has to be certain of the credit worthiness of the consumer over the long-term contract, since any default by the consumer will significantly influence the IRR.
    Although the enforcement of contracts is generally difficult in India. The legal process is cumbersome and costly. We as a consultant approach only to the consumer with good credit rating ( BBB and above).

    4) Reliability of EPC consultant .
    At the same time, choosing the right EPC for your power plant is a critical decision that can make or break your solar power plant.and directly affect your expected IRR.
    We are recognized by MNRE and one of the fastest growing roof top system integrator .We design & build world-class, high velocity, competitive, solar plants of the highest quality. Our experienced team, consistently delivers the most advanced, cost-effective plant for our customers.

    5) Component selection -
    Our methodologies for selection of solar plant component are—

    1) We do Unbiased expert evaluation of all major components of solar power system and choose only tear one and certified components like Module,Inverters and BOS.
    2) On all the parameters, our technical expert team analyses panels, inverters, and other critical components

    Investment Opportunity-

    We are under discussion with one of the manufacturing facility(500 Kwp) in mumbai with A+ credit rating . Kindly contact fir full detail.

    Regards
    Anshuman
    09028012464

    Reply
  13. Gopi Avala

    Hi,
    To build 10 kw watt solar plant system, details required like below
    1. Total Cost to build the plant
    2. Required space in acers.
    3. Subsidy provided by government and any loans from bank.
    4. It is possible to sell the current to government as per the unit basis and unit cost.
    suggestions required…

    Reply
  14. Rudraksh

    Hello,
    If I want to install a stand alone solar roof top or an off grid solar roof top, than is it necessary that I have to inform to my Discom. about it or Do I have to carry out any agreement with the respective Discom.

    Reply
  15. Anshuman Shrivastava

    Dear All,

    We are pune based EPC consultant . Our expertise is in ROOF TOP SOLAR PlANT for industrial and commercial consumer.
    Below are the benefits of solar roof top power plant.

    1) Savings in the cost of electricity
    For commercial and industrial segments, average grid rates are INR 7.9/kWh and INR 6.7/kWh respectively. Using solar rooftop power, consumers in the commercial segment can save around INR 2.4/kWh, or 30% of their electricity costs, while consumers in the industrial segment can save around INR 1.2/kWh, or 18% of their electricity costs.
    2) The need for an alternative electricity source due to power scarcity.
    3)Social image of being seen as “green”

    For the solar power plant development we work in two business models
    1) OPEX/Resco/BOOT-

    most significant barriers to adoption of rooftop solar power are the high upfront costs of installation, consumers’ low access to debt finance for rooftop solar power, and perceived performance risk. Properly managing these barriers could significantly increase adoption of rooftop solar power,

    OPEX Model is One of the promising solution for above barriers. Under this model, a consumer buys electricity from a us/developer, who installs, owns, and operates a rooftop solar plant on the consumer’s property. The developer then sells the power to the consumer under a long-term power purchase agreement at a specified price during the contract term, typically for 15 to 25 years. The success of the third party financing model hinges on the fact that We are in a better position to manage the financing challenges and performance risk of rooftop solar power.

    (The third party financing model has been a significant driver of growth in the rooftop solar industry globally, especially in the USA. Of the 1.2 GW of residential rooftop solar installed in the U.S. in 2016, 72% was third party-owned through leases and power purchase agreements. It has also started picking up recently in other countries, including China and Japan.)

    2)CAPEX MODEL-

    Unlike the OPEX model, where the investor owns the asset, in CAPEX model the end consumer invests and owns the asset.
    One of the key driver of solar roof top development in India is the government’s policy of accelerated depreciation. Accelerated depreciation is a policy which allows greater depreciation in the earlier years of an asset and is used to minimize taxable income. However, it would be ineffective in case of the absence of or insufficient taxable income.
    (As per section 32 of the income tax act 1961.Accelerated depreciation Companies can use this to substantially reduce tax burden in the first few years of the project up to 60% of the project cost (40% accelerated deprecation and 20 % additional depreciation)

    Note – We assist to end consumer for debt finance through nationalized banks @ 9% .

    Kindly contact for more details

    Anshuman
    09028012464

    Reply
  16. Ankesh

    I have 3-4 hectare land and want to setup solar plant…..i need financial partner…any one interested, pls let me know

    Reply
  17. bujji vutla

    any body require solar plant for industries as well as domestic in AP and Telangana.
    Please contact
    Bujji
    9701009993

    Reply
  18. Senthil andavan

    Hi all,
    I have 7 acre agri land in south tamilnadu near Nanguneri. I. Am planning to do solar plant pls advise me.. How much profile I can get??

    Reply
    1. SAinath Reddy

      hI SENTHIL H R U,

      WE ARE THE SOLAR INSTALLERS .
      are you seriously intrested to install solar industry in your land . if yes

      In 7 Acres 1.3 Mw Can be Able to install for that approx 6.5-7 crores to be over all invest .

      we are ready to serve you.

      Waiting for your reply

      Sainath Reddy
      9030966019

      Reply
  19. Anshuman Shrivastava

    Dear Team ,

    We assist to consumer for solar project finance( Roof Top/ Utility scale) from nationalized banks @9% .
    Kindly contact for full details.

    Regards
    Anshuman
    09028012464

    Reply
  20. SAinath Reddy

    Dear Friends
    We are the Solar Systems Manufacturers And Installers , EPC Etc From 1 Kw to 1000MW.
    if Anybody Intrested please Contact Me

    Sainath Reddy
    9030966019
    9492433759
    krsn9999@gmail.com

    Reply
  21. Gaurav Kirar

    Need investor for my 32 acres of land in ananthpur District Andhra Pradesh.

    Gaurav Kirar
    8368260263

    Reply
  22. ravi rajarapu

    Hi,
    iam planning to setup a 40MW solar power plant..
    can u guide me on this regarding the setup operations.

    Thanks&Regards
    RAVI RAJARAPU

    Reply
    1. ALI

      Dear sir,

      Greetings to you,

      Thanks for posting your requirement on this website page.

      We kindly request you to contact us for MW Solar Power Plant Project EPC work at all over India at +91-9833872117 (ALI)

      Regards.

      Reply
  23. birpratap singh

    Need a partner to start a business who have some resources as well s performs actively Whatsap no 8794967206

    Reply
  24. Kartik Jain

    Can you please guide me in establishing a whole solar plant I have land but not cash which I need I know govt is helping while giving 90% I have a land size of more than 20 bighas so can you help me what should I do or from where I have to start how much it cost to my own pocket as I have to buy materials and labours and engineers to please help me in that as soon as possible thanks ….call me 7568370882

    Reply
  25. Kartik Jain

    Can you please guide me in establishing a whole solar plant I have land but not cash which I need I know govt is helping while giving 90% I have a land size of more than 20 bighas so can you help me what should I do or from where I have to start how much it cost to my own pocket as I have to buy materials and labours and engineers to please help me in that as soon as possible thanks ….

    Reply
  26. SACHIN

    I have 14acres land and need the investors to set up the solar power plant. Any idea how much MW will be produced in 14 acre land in 1year.

    Thanks
    Sachin Pawar
    8805859404

    Reply
      1. Gaurav Kirar

        Hello Narender,
        I am having 32 acres of land in Ananthpur District, andhra Pradesh.
        Need investor who wants to setup Solar plant on my land
        Thank you,
        Gaurav Kirar
        8368260263

        Reply
  27. PL Sevda

    Dear Sir.
    I need details/project report and consultancy, for setting up Grid Connected solar plant (10MW) on 2.50 Lac sqmtr industrial land in Abu Road (Rajasthana). As an integrated plant with SS steel Plant.
    My email id plsevda@gmail.com

    Reply
    1. ALI

      Dear sir,

      Greetings to you,

      Thanks for posting your requirement on this website page.

      We kindly request you to contact us for MW Solar Power Plant Project EPC work at all over India at +91-9833872117 (ALI)

      Regards.

      Reply
    1. ALI

      Dear sir,

      Greetings to you,

      Thanks for posting your requirement on this website page.

      We kindly request you to contact us for MW Solar Power Plant Project EPC work at all over India at +91-9833872117 (ALI)

      Regards.

      Reply
    2. Gurmeet Singh

      Please call me at 9915500493 if you are interested in setting up solar power plant on your land. We arrange investors and PPA’s for our clients and also do lowest rate EPC all over India from 500KW to 100MW.

      Reply
      1. Anand

        Hi this is Anand from Anantapur Andhra Pradesh I have 70 acres of land if you want to set up solar plant pls call me 9133262319

        Reply
  28. vutla bujji

    We are solar power installing in AP and Telangana for industry and domestic.please contact
    Bujji vutla
    9701009993

    Reply
  29. Manoj

    We r an EPC contractors based in ap , we r having investors in ap so we need Private PPA’s 1mw -3mw for more details pls cal 9553119557

    Reply
  30. Navjeet

    I have 20 acr land in abohar city(punjab) I want to set up solar plant in my field so plz tell me where I contact or my contact no is 7696667055 plz forward my no to solar company who instal solar plants

    Reply
  31. Hemant Raj

    Hi

    Thanks for Valuable Knowledge .

    Requesting you to kindly help to start a Roof Top Grid Plant in Muzaffarpur , Bihar .

    Thanks
    Hemant Raj
    9310170907

    Reply
  32. Rajat

    Can u guide me..by which course we can go into Solar system technology.. What is the eligibility for Solar system training..?

    Reply

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