Solar power plant cost in India

“About seven-year ago, the fixed cost affixed with a-1 MW solar energy plant was about Rs 15 crore, which we now have brought right down to Rs 7 crore. GERMI’s R&D attempts have actually successfully brought down the cost more to Rs 3.5 crore by utilizing graphite and silicone in solar panels. The laboratory experiments are successful and now we are trying it for manufacturing scale, ” Dr. T. Harinarayana, Director, GERMI, stated during the ongoing Sixth CII Energy Expo and “India Energy Conclave” right here.

Dr. Rahool Panandiker, Partner & Director, Boston Consulting Group, said the domestic energy circumstance in India could become more serious since the demand-supply mismatch in coal is projected to increase from 137 million tons in 2012 to 326 million tons by 2030. “So we have to increase LNG imports by ten times being meet the power sector requirements.”

Dr Harinarayana said India features a landmass 10 times that Germany but had a solar energy generation capacity of just 1.3 gigawatt (GW), vis-à-vis 31 GW of set up capability in the European country. “To use this resource of energy, we need to bring down the cost of solar power and to serve this purpose, we should be more dedicated to analysis & development tasks.”

N. Srivastava, Managing Director, Uttar Gujarat Vij Company Ltd, said the transmission and circulation losses in certain associated with Indian says remained high at 30percent oftentimes, that makes it tough to keep the electrical energy rate at an acceptable level. But as implemented by Gujarat, these says could currently have an open accessibility policy for large consumers, which enables them to source power with prices ranging from Rs 3.50 per device to Rs 3.90.

Source: panchabuta.com
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