Solar Power Plant Investment in India - Cost of Solar Power Plant Investment
The Solar Power Plant in Gujarat India generates Electricity from Sun and converts DC Energy into AC Energy for our daily uses.
Why Investment in Solar Power Plant in India ?
Solar power plants are not only generates the most solar energy, AC Energy on every acre of land.
Solar Power Plants are light on the land, visually inconspicuous, and require a minimal footprint.
India provides 30% capital subsidy on solar roof top plants up to 500 KWp size.
Investment for Solar Power Plant in India is eligible for 80% accelerated reduction in Income Tax Act, hence can save 31% of the cost from Income Tax Savings.
Cost of Solar Power Plant Investment in India
Solar Power Plant has a long life,Nominal maintenance and requires less monitoring, Attractive recovery period of 3 to 5 Years, Reduce your electricity bill and generate valuable additional income from your rooftop space and Solar power is a renewable and natural resource and non-polluting.
Utilizing solar energy is definitely free and renewable, but the high initial investment, higher cost per unit of electricity and poor conversion efficiency are some major drawbacks of Solar Power Plant India.
As per the order the life of Solar PV plant has been accounted for 25 years & accordingly the tariff has been calculated for a 1MW Solar PV Power Project over a period of 25 years. The liveliest tariff of Solar Energy has been decided as Rs. 15.39 by Regulatory commission. The liveliest tariff of Solar Energy by solar thermal power project has been decided as Rs. 15.04 by Regulatory commission.
Do you Want to Invest in Solar Power Plant in India ??
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