Solar Power Price Per Unit In India

At rs 7 per unit you will recover the cost of the project in 8 years without subsidy and in 5 years with 30 subsidy.

Solar power price per unit in india.

According to the analysis the required investments in electricity generation capacities are going to be substantial at about rs 1 65 1 75 lakh crore per year. India s solar power tariff hit a new low of rs2 44 per unit on friday at the auction of 500 megawatt mw of capacity at the bhadla solar park in rajasthan. Tata solar power is india s premier iso 9001 2008 and iso 14001 2004 certified integrated cell and solar panel module manufacturing unit. If the cost per unit is more then the cost recovery will be faster.

Solar power tariffs in india plunged to a record low of 2 44 per unit in july but the lowest bid in recent times was at 2 9 a unit. Today anyone can set up a solar power plant with a capacity of 1kw to 1mw on your land or rooftop spaces. Solar power tariffs in the latest auction have risen by more than one rupee above the record low of rs 2 44 per unit which industry insiders say reflected the bidders concern about land acquisition in uttar pradesh which offered the projects and doubts about getting timely payments from utilities in the state. Tata solar panel module manufacturing unit have an in house production capacity of 400 mw for solar panels modules.

Of india mnre latest guidelines state that now anyone can generate electricity through solar power system and surplus electricity can be export through net metering system. When the national solar mission was launched in 2010 the cost of solar power was inr 17 per unit in comparison to a latest bid of inr 2 44 per unit. During an auction conducted last week by the state run solar energy corporation of india seci for 1 000 megawatts mw of wind power installations tariffs fell to a new low of rs2 64 per unit. You can visit mnre website for a calculator to check the roi for a roof top solar system for each state.

The installation of net metering at the site will connect it to grid via state. Solar power cost will fall to rs 1 9 per unit in india by 2030. February 13 2019 12 10 ist. Winning tariffs rose to rs 3 48 3 55 per unit in the latest solar auction for.