1 MW Solar Power Plant DPR
Now Generate Solar Power and Sell it too
Today, anyone can set up a Solar Power Plant with a capacity of 1KW to 1MW on a rooftop space. The Govt. of India latest guidelines state that installation of net-metering system at the site will connect it to grid via distribution companies. The regulations were long awaited.This will boost solar or green power generation across the state and encourage people to install solar rooftop systems.
Power Purchase Agreement
You might not want to build your own solar plant, but rather buy just the electricity produced by the solar system. That way, you don’t have the upfront costs, construction and maintenance to worry about. Maybe someone else will be happy to build a solar plant on your roof (or nearby) and sell you the power through a Power Purchase Agreement (PPA).
This model works typically for industrial and commercial consumers, and Indian companies have started offering it to residential customers in some cities.
A PPA is a formal agreement between an electricity consumer (in this case, you) and the electricity generator (usually an investor) that specifies terms and conditions of electricity purchase.
Details usually include the length of the PPA (typically 10- 25 years), the price (tariff) for the power from the solar plant and annual escalations (if any). This is also called the OPEX model.Power Purchase Agreement
Solar Enegy India with one of the largest distributed portfolio of operating solar power projects pan India, has demonstrated that solar power can work in meeting India’s growth objectives in a sustainable manner.Solar Enegy India builds, owns and operates solar power plants all over India under long term power purchase agreements that insures its customer’s uninterrupted and reliable source of clean energy at affordable prices. With each solar power asset that Solar Enegy India builds, it helps in promoting inclusive growth and contributes to the economic development of the local communities by generating reliable power and generating income through employment creation.
You could also be a part of this social and economic development if you associate with Solar Enegy India to identify waste/ barren lands for solar power development. Interested parties/ companies preferably owners who want to sell or lease their land in india can submit the information below to associate with us. Please note that the size of the parcel must be 50-2000 acres and minimum term for lease arrangement must be 33 years.
Investment Model for 1 MW Solar Power Plant
We see a huge demand for information for investment models for setting up a 1 MW Solar Plant.
We have decided to create a 1MW – 10 MW estimate series.
Below is the investment model for 1 MW Solar Plant All over India
Capacity of Power Plant : 1 MW
Generation Expected per year: 17.50 Lakhs Units/MW
Degradation till 1st 10 years: 0.05%
Degradation from 11 to 25 years 0.67%
Debt Percentage 70%
Equity Percentage 30%
Rate of Interest of Indian Bank Loan 13.0%
Rate of Interest of Foreign Bank Loan 10%
Repayment Period of Indian Loan 11 years
Repayment Period of Foreign Loan 15 years
Percentage of Indian Loan 70%
Average Cost of Sale of Electricity 6.49 Rs/unit
Cost of Project per MW 650 Lakhs/MW
O&M Cost per MW for 1st year 8.0 Lakhs/MW
Corporate Tax 30.28%
Minimum Alternate Tax 18.38%
Project Cost 650 Lakhs
Debt 455 Lakhs
Equity 195 Lakhs
|Px 200L 2CP||77331||5%||73465|
|Px 300L 3CP||105967||5%||100669|
|Px 500L 4CP||153108||5%||145453|
|Px 500L 5CP||165143||5%||156886|