The Indian government is planning to expand its solar plans, targeting US0 billion in investment and 100 GW of solar capacity by 2022.So, if you’re planning to venture into a solar business, now is the perfect time to do so.
The Indian government is planning to expand its solar plans, targeting US0 billion in investment and 100 GW of solar capacity by 2022.So, if you’re planning to venture into a solar business, now is the perfect time to do so.
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You don’t need local partners, you don’t need any local connections,” said, Leviste.
Government Initiatives The Government of India is keen on using a renewable source of energy and is undertaking various measures to promote green energy.
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So I think I can answer this question very well.1st let me clarify that here we are talking about utility(for commercial purpose) based solar plants (MW scale plants). Tariff is the price at which you will sell your solar electricity to the government. Suppose Tariff decided according to the agreement for this project was Rs 5.00 / k Wh.
A bit of engineering calculation : Avg no of sunshine hours = 6 hrs /day No of units per day = / 3600000= 120000 k Wh Units produced in a year = 120000 * 365 =4380000 units per year Income from selling the electricity = 4380000 * 5 =Rs 21,60,00,000 or 21.6 cr (i.e.
Here are the following reasons why investing in solar power franchise can provide you with huge profits.
Increasing energy prices There has been increasing energy consumption due to rapid economic development and industrialization.
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