Frequently Asked Questions On Solar Power

FREQUENTLY ASKED
QUESTIONS ON SOLAR
POWER
Solar Power industry in India is gaining more and more prominence with each passing day. The
domestic/off-grid industry is picking up speed too. Owing to the queries we are receiving
regarding the various issues pertaining to Solar Power Plant setup, we thought it would be a
great idea to put together a bunch of questions and answer the same. We shall keeping adding
to the list as we keep receiving more queries. So, here are the most Frequently Asked Questions
and our answers for the same. Do let us know in case you would like us to answer any more
questions. Also, kindly point out any inaccuracies/mistakes that you may find here so that we can
correct the same for the benefit of everyone. We have tried our best to provide the best and
most accurate information. However, inputs or responses to questions from other
industry experts are encouraged and extremely appreciated.
[Update - 31-08-2014: The FAQs page has been updated. CERC Benchmark Cost and
related details have been updated from 2013-14 figures to those of 2014-15.]
General
How much land is required to setup a 1MW solar power generation Unit?
The land required for a 1 MW power plant setup is around 4.5-5 acres for Crystalline technology
and around 6.5-7.5 acres for Thin-Film technology. This is only a rough benchmark and may vary
based on technology and efficiency of panels.
What is the life-time of a typical Solar Power plant?

The useful life of a typical Solar Power plant is considered to be 25 years. This is the duration for
which long-term PPAs are signed and financial models are built. However, Solar Power plants
can run beyond 25 years while producing a lower output. Many Solar Panel manufacturers
guarantee an output of 90% at the end of 10 years and 80% at the end of 25 years.
What is the annual energy generated from a 1 MW Solar Power plant?
The usual benchmark for energy generated from a 1 MW Solar Power plant is considered as 1.5
Million units. This is only a benchmark and should not be considered as the actual output for a
given location. The amount of actual energy generated from a Solar Power Plant in an year
depends on both internal and external factors. External factors which are beyond the control of a
Solar developer can include the following:
Number of sunny days
Solar Irradiation
Day Temperatures
Air Mass
The output also depends on the following internal factors all of which are within the control of a
Solar Developer:
Plant Location
Usage of Solar Tracking systems
Quality of equipment used
Workmanship of the EPC contractor
O&M activities
What are the various modes under which we can setup a Solar Power plant?
The various modes under which a Solar Power plant can be setup depends on the specific
requirement. All the following are valid modes and the costs for each kind of system varies based
on various factors:
Off-Grid Captive Consumption for domestic premises
Off-Grid Captive Consumption for commercial premises
Grid Connected (Net Metered) Captive Consumption for domestic premises
Grid Connected (Net Metered) Captive Consumption for commercial premises
Sale of Power generated to local Distribution Company (DISCOM)
Sale of Power generated to 3rd Party consumer (Industry or Commercial entity)
What is the cost of setting up a Rooftop Solar Power plant for domestic or commercial
use?
Rooftop Solar Power plants can be broadly categorized into Battery-based and NonBattery based systems. The benchmark cost set by MNRE for the year 2013-14 for these
systems are Rs.90-100 per W for Non-Battery based systems and Rs.170-210 per W for
Battery-based systems. More details can be accessed on the following MNRE
webpage: http://mnre.gov.in/file-manager/UserFiles/amendmends-benchmarkcost-aa-jnnsm-2013-14.pdf
What size Solar Power plant is required for domestic or commercial use?
Identifying the Solar Power plant size for your domestic or commercial premises depends on the
following factors:
Wattage of appliances to be run on Solar
Monthly energy consumption from these appliances
Energy Backup or Days of Autonomy required
Roof space available for plant setup
Based on these factors, the power plant sizing can be accordingly done at your end.
Permissions and Bank Loans

What permissions/clearances are required to setup a Solar PV Plant?
A certain set of permissions need to be obtained and documents need to be submitted in order to
setup a Solar PV plant. While these may vary from state-to-state, in order to get a Solar PV
Project Accredited by AP State Load Dispatch Center (AP SLDC) for REC mechanism, the
following are the statutory clearances and environmental clearances to be furnished:
1. Industrial Clearance
2. Land conversion (Agricultural to Non-Agricultural)
3. Environmental Clearance Certificate from APPCB, Hyderabad
4. Contract labour license from AP Labour Department
5. Fire Safety certificate from AP Fire Department
6. Latest tax receipt from the Municipal/Gram Panchayat for the factory land.
7. Auditor compliance certificate regarding fossil fuel utilization
8. Approval from Chief Electrical Inspector
9. Clearance from Forest department

Also, all necessary approvals/agreements before start of Solar PV project construction are to be
furnished as and when necessary. These include the following:
10. Land purchase
11. Power Evacuation arrangement permission letter from DISCOM
12. Confirmation of Metering Arrangement and location
13. ABT meter type, Manufacture, Model, Serial No. details for Energy Metering.
14. Copy of PPA (important as Preferential PPA projects are not eligible for REC
mechanism)
15. Proposed Model and make of plant equipment
16. Undertaking for compliance with the usage of fossil fuel criteria as specified by
MNRE
17. Details of Connectivity with DISCOM
18. Connectivity Diagram and Single Line Diagram of Plant
19. Details of pending court cases with APERC, Supreme Court of India, High Court
of A.P. or any other courts
20. Any other documents requested by AP SLDC
While these are the documents that AP SLDC requires for REC project accreditation, these are
typically the clearances/documents required in general for a Solar PV project.
Can Solar Power developers avail loans from banks for Solar Power plant setup? What is
the loan % and what criteria does a bank/lending institution look for?
There are 2 kinds of Financing mechanisms that are usually discussed Recourse Financing
and Non-Recourse Financing. Recourse Financing requires collaterals and other extensive
guarantees from the Solar developer who wishes to avail loan. Non-Recourse Financing, on the
other hand, does not require any additional collateral as the Asset or Power Plant itself is the
collateral in this case. Recourse Financing is the prevalent mechanism in India currently owing to
lack of confidence of banks in the Power and Solar Power sector. The typical Debt-Equity Ratio
(Loan to Investment Ratio) for Solar Power plants is 70:30. And the typical collaterals required for
a 70% project cost loan could be in the range of 40-60% project cost. This, however, varies from
bank to bank as each bank has its own risk perception/mitigation strategy, exposure targets to
various sectors and Non-Performing Asset (NPA) limits.
Setup Costs and Power Sale Tariff

What would be the total project cost excluding the cost of land?
Total project cost per MW would be in the range of Rs.6.5 Crores-Rs.8 Crores depending on the
kind of technology you are using, whether or not you are using tracking systems, the kind of EPC
Contractor you choose for power plant system etc. CERC recently announced the benchmark
tariff for setup of Solar PV and Thermal Plants in India. Here are the links to the documents
containing more
details: http://www.cercind.gov.in/2014/orders/SO353.pdf and http://www.cercind.gov.in/201
4/orders/SO354.pdf
The table below indicates CERC determined benchmark cost for Financial Year 2014-15.
What would be the O & M cost?
Central Electricity Regulatory Commission (CERC) benchmark costs for O&M is Rs.12.3
lakhs/year/MW for 2014-15 with a 5.72% increase every year. This varies from project to project
based on the number of people you employ for maintenance, frequency of cleaning of panels,
onsite-engineer availability etc.
What would be the per unit expected sale price?

This depends on the mode of sale of power and the consumer of power.
In the case of sale of power to DISCOM, the prevailing Average Pooled Power Purchase
Cost (APPC) will be applicable.
In the case of sale of power to 3rd Party consumer, a mutually agreed price can be agreed
upon and accordingly a PPA can be signed.
It is to be kept in mind that several additional charges such as Wheeling Charges, Distribution
Charges, Open-Access Charges, Cross-Subsidy Charges are applicable in the case of sale of
power to 3rd party. These charges vary from State-to-State and DISCOM-to-DISCOM and even
based on voltage levels.
RECs and Carbon Credits (CERs)

Which kinds of Solar Power plants are eligible for REC benefits?
Solar Power Plants need to be Grid-Connected on order to avail REC benefits. Though there
have been recommendations on multiple occasions that Off-Grid Solar Power plants be made
eligible for RECs, the proposal is still under discussion. Solar Power plants setup under the
following 3 modes are eligible for REC benefits:
Captive Power plants
Sale of power to Govt. at APPC
Sale of power to 3rd party at mutually agreed price
Captive Power Plants are eligible for RECs subject to the condition that
Concessional/Promotional Transmission or Wheeling Tariffs and/or banking facility benefit are not
availed. Also, Solar Power plants setup under Preferential Tariff schemes are not eligible for
RECs. Check out more information on RECs on our REC page here
http://efficientcarbon.com/services/energy/renewable-energy-certificates
Is there a minimum size for Solar Power plants to be eligible for RECs?
As per the Second Amendment of REC Principal Regulations 2013, there is no lower limit
for Solar Power plants to be eligible for RECs. Though it previously stated that 250 KW is the
minimum size for Solar Power plants to be eligible for RECs, the same has been removed as
part of the above stated amendment.
Can CDM benefits (Carbon Credits) be availed for a Solar Power plant?
Yes. REC Mechanism and CDM are mutually exclusive and hence a power developer can claim
CDM benefits (Carbon Credits) also. However, it is to be noted that the current trading prices of
Carbon Credits or Certified Emission Reductions (CERs) at the European ETS system is less
than 0.7 Euro which are pretty low compared to the 15-20 Euro trading prices a few years back.
At these prices, getting a Solar project registered under CDM mechanism does not make any
sense as the payback for the expenses in the process itself takes several years. Unless the Solar
Power Plant is of size 10 MW or more it does not make financial sense to go for Carbon Credits
(CERs).
Benefits for Solar Power plants

What kind of Central/State benefits are available for Solar Power plant setup?
Solar plants can be categorized into 2 broad categories Grid Connected and Off-Grid plants.
The usual Govt. support available for an Off-Grid plant is a Capital Subsidy of 30% on the project
cost upto a maximum size of 500 KW. This can be claimed by the Manufacturer/Supplier/EPC
Contractor (should be an MNRE accredited supplier) on behalf of the customer. The list of MNRE
accredited suppliers (all across India) can be downloaded from http://mnre.gov.in/filemanager/UserFiles/list_channelpartners_sp_jnnsm.pdf
Subsidy is not available for Grid Connected plants that engage in sale of power either to the local
DISCOM or a 3rd party. Following are the benefits a Solar Power Developer involved in Sale of
Power Generated can avail:
Accelerated Depreciation Upto 90% of asset value with 80% depreciation allowed in
the first year.
10 years Tax Holiday Tax holiday can be availed for 10 years during which time
Minimum Alternate Tax is still applicable (19.9305%) which can be offset against tax
payable later.
Other State specific exemptions which vary from state to state.
Can Accelerated Depreciation benefits be claimed by Solar Power Developers?

Yes. Accelerated Depreciation benefits can be claimed by Off-Grid and Grid-Connected Solar
Power Developers in order to offset taxes on profits from their connected businesses. Typically,
90% depreciation is allowed with 80% allowed in the first year.
Can Capital Subsidy be claimed for a 1 MW Solar Power plant (or greater size)?
No. Capital Subsidy cannot be claimed for plants beyond 500 KW size. Also, capital subsidy is
made available only to Off-Grid and Decentralized Solar Power applications and not Grid
Connected Plants that are in the business of selling the generated power.
Is there any subsidy available for Solar Power plant setup?

Capital Subsidy of 30% is applicable only for captive power plants up to 100 KW. Subsidy will not
be applicable in case of sale of power.
Setting up Solar Power plant in Andhra Pradesh

We would like to setup a Solar power plant in Andhra Pradesh but we have not
participated in AP solar bidding. What are the other options?
Since you have not participated in AP Solar Bidding, one other way would be the REC route. You
can sell the generated power to APTRANSCO or third party consumer. Through this route, you
sell power to APTRANSCO/third party and also claim RECs for the same. This way, you will be
able to get a base tariff (APPC) from APTRANSCO and then additional revenue can be
generated through sale of Solar RECs. However, it is to be kept in mind that the following
additional benefits may be availed for a Solar PV Project commissioned before June 2014
subject to the condition that REC benefits are not availed (in case of Captive Generating Plants
and Plants setup under Preferential Tariff basis):
Exemption from Electricity Duty
Exemption of Wheeling Charges, Transmission Charges and Cross-subsidy Charges
Refund of VAT
Refund of Stamp Duty and Registration Charges for purchase of land
However, it has to be kept in mind that REC revenue is market driven and can fluctuate as both
demand and supply are pretty low on Solar front right now. Kindly refer to our monthly newsletter
REChronicles (http://efficientcarbon.com/services/energy/renewable-energy-certificates) for more and
up-to-date information on the REC market.
Download documents relevant to Andhra Pradesh Solar Policy here
http://nedcap.gov.in/PDFs/2012ENY_MS39.pdf
http://nedcap.gov.in/PDFs/Amendment_to_AP_Solar_power_policy.pdf
Miscellaneous
I have land and some company posted that they are looking for people having land and
ready to invest about Rs.10 lakhs. Can I go ahead with this investment?
It is difficult to comment much without more information about the company. However, it is
advised to check the companys track record to understand the companys previous projects and
the revenues/returns from such projects. A couple of things that you might have already
understood from the info on this FAQs page is that a typical good quality Solar PV Power plant
required Rs.6.5-8 Crores for setup. In line with this, the investment of Rs.10 lakhs you have been
asked to make comes to around 1.5% of total project cost which is not much. If your land also
has certain value, that can be factored into your equity contribution to the project. While we am
not sure about the promise made by the company to you in terms of returns, kindly make sure
that your investment has been duly considered in project equity and the associated returns. Also,
it is possible that there are several other investors such as you who might be investing in the
project. You might ask the company details regarding the same. Following are a few more things
you can ask the company to provide:
Is the entire project equity funded from investors such as you? If Yes, who are the other
investors? If No, what is the debt portion, where is it coming from and what is the
interest rate?
Where is the project going to be setup?
Who is the power sold to and at what price is it being sold?
What are the yearly estimated revenues and returns?
When would you as an investor start making money (important as payback period is
reasonably high for Solar Projects)?
As an investor, you have every right to know the answers to these questions. Kindly evaluate all
scenarios and clarify all you queries before making such an investment.
660 thoughts on Frequently Asked Questions on

Solar Power
1.
vamanrao September 23, 2014 at 8:27 pm
hi all im intrested in setting up of 10MV in adilabad dist.in telangana region . i am looking out for
forigen funding. Mob.No +918790168499
Reply
2.
i have non agricultural land and i an intrested for solar power generation project and in surch of
finential partner for 10Mw project.
Reply
3.
Narendra Jagtap September 23, 2014 at 12:48 pm
Those who have doubt and planning for Solar Projects can contact 100% solution will be
provided.
Reply
4.
gowri shankar September 21, 2014 at 9:40 pm
Friends,
Some Facts to be remembered before anyone thinks and talks solar.
1. Land per MW : 5 acres
2. EPC cost : 6.3 to7.0 cr. Quotes based on EPC company, status and offerings in EPC
contracts.
3. Indian Finance : approx. 12% Interest rate
4. Investor/Developer : Approx 2 Cr /MW
5. Investment Return Ratio : Approx 14%
6. Minimum Recommended Project Size : 5 MW
Summary:
Smaller projects (< 5 MW) the land should be next door to Substation becos.
Approx. cost /Km of evacuation +Stringing can be anywhere upto 15 lakhs/KM.
Hence if project is just 1 or 2 MW then the whole cost of this will be on the project).
Financial:
Generation approx. = 15.5L units/MW/year
PPA = Rs 6.5/Unit (approx)
Yearly revenue = Rs 100 lakhs per YEAR
Net Revenue = Rs 90 lakhs /YEAR
Loan 70% of Rs 7 Cr = Rs 4.9 Cr
Loan Interest = 12%
Repayment period = 9 Years
So If you can spare approx 2 Cr and wait for 9 years you can enjoy approx 80 Lakhs/Year 10th
year onwards
Major and Quality EPC companies will prefer 5 MW & above as energy, effort and optimization
happens 5MW and above.
Cheershappy solarizing
So guys keep these in mind before anyone entertains Solar Project thoughts.
Reply
5.
suchith September 21, 2014 at 1:35 pm
I have 2 acres of land near ghanpur ( warangal to hyd road) just beside the ghanpur reservior
( pump house is also available with 33kv sub station ).
I looking forward for solar power plant of feasible power consumption for pump house if possible.
I need financial and industrial consultant to look in all aspects.
Plz fell to cal to my mobile: 9849541234, 9490516336
regards,
suchith reddy arukala
Reply
6.
Ranbir September 21, 2014 at 8:40 am
Very attractive 300 MW solar policy for farmers in Karnataka. The PPA rates would be around Rs
8.40/KWh. Any investor interested can contact me. Excerpts from the Guidelines of the policy
below. Full document can be sent on request.
Guidelines and Instructions for Institutions
In order to effectively implement the Solar Policy 2014-21, especially with respect to the
allotment of projects to promote distributed generation by land owning farmers throughout the
State under Clause 8, Segment 1, Category 1 of Solar Policy. Government of Karnataka issued
an order vide no. EN 62 VSC 2014, Bangalore dated 26.08.2014.
As per the order ESCOMs invites applications from land owners to set up 1 to 3 MW solar
projects. The eligibility and guidelines are as follows:
1. The agricultural land owners are eligible for applying for allotment under this category.
2. The total maximum capacity reserved under this category is 300MWp for the policy period
2014-21.
3. Out of this 300MWp, 3% i.e. to an extent of 9MWp is reserved for allotment to land owning
Universities, Charitable Institutions, Trusts and Societies which have educational institutions, to
facilitate and encourage research and development activities.
5. The minimum capacity is 1MWp and maximum is 3MWp under this category for each
applicant.
6. The applicant having RTC/Sale deed are eligible to apply under this category as a proof of
land holding / joint holding. The applicant has to furnish the documents of total required land for
his applied capacity. (Thumb rule approximately 5 acres for 1 MWp). All applicants have to
furnish RTC in proof of
land holding.
7. If the land holding is held jointly each of the joint holder is individually eligible to apply for
minimum
1MWp to maximum 3MWp depending upon the extent of required land.
8. Applications will be received after 15 days from the date of notification by KREDL.
9. The applications to an extent of twice the quantity allotted to each ESCOM will be received.
10. The application fee of Rs 11,236/-per MWp (Rs10,000+12.36%ST) (Non Refundable) to be
paid to the
respective ESCOM.
11. The original DD for application fee along with the RTC/certified copy of the sale deed and
caste
certificate if applicable, shall be submitted to respective ESCOMs within 8 days from the date of
submission of online application. If the original DD and other documents are not received within 8
days, the application will be treated as cancelled. ESCOMs will not be responsible for postal
delays.
12. ESCOMs will scrutinize the application and verify the original documents and send it with all
documents to KREDL for allotment.
1
13. ESCOM wise allotment shall be made on first come first served basis on the basis of date
and time of online submission of application, subject to eligibility. Lists of all eligible applicants
have to be prepared and operated as per seniority.
14. Within 60 days of allotment, the allottee has to furnish RTC in proof of agricultural land
holding along with a processing fee of Rs. 1,12,360/- per MWp (Rs. 1,00,000+12.36% ST) (Non
refundable ) to KREDL. If the allottee fails to produce RTC and processing fee within 60 days
from the date of intimation of allotment the allotment stands cancelled and project will be allotted
to the next eligible applicant on seniority.
15. The successful applicant has to produce performance Bank guarantee of Rs. 10 lakh per
MWp to respective ESCOMs and enter into PPA at the rate determined by KERC from time to
time for a period of 25 years.
16. KREDL will forward the proposals as and when received to MNRE for extending Excise &
Customs duty benefits.
17. The allottee has to complete the project within 18 months from the date of allotment, failing
which the allotment will be cancelled and the performance guarantee will be forfeited.
18. Other general terms and conditions will be as per Solar policy 2014-21.
19. Approximately, 5 Acres of Land is required for 1 MW (PV Technology). Capex Rs. 7-8 Crores
per MW.
I have a plan for investors in place.
For more details please contact me :
ranbir.ghosh@laxvenpower.com
+919845143753
Reply
7.
Sai krishna September 21, 2014 at 4:49 am
I am intrested to know the Complete details for setting up 10 MW SOLAR POWER PLANT IN
TELANGANA.
Reply
1.
THARUN KARRA September 21, 2014 at 6:19 am
Sir
Iam Tharun karra works for Bosch solar energy.
Please check the present telangana policy,
For more information you Plzzz contact me.
Regards
Tharunkarra@gmail.com
82979 60700
Reply
2.
SOLARSOLUTIONS2015@GMAIL.COM September 22, 2014 at 12:42 pm
Dear Sai Krishna Garu,

Good Afternoon.
For end to end solutions on solar setup, pls get back to us
on solarsolutions2015@gmail.com with detailed requirement.
Best Regards,
Sowmya
Reply
3.
Muralidharan.V September 25, 2014 at 10:26 am
PLEASE CONTACT US WITH YOUR MOBILE NO, EMAIL ID TO THE FOLLOWING .

cAN PROVIDE GOOD O/P GAURANTEE WITH FOREIGN FUNDING AND PPA.
Muralidharan.v.
09445094041
Reply
8.
M.A.Pathan September 19, 2014 at 5:00 pm
I have land for 1mw solar plant in karnataka , if any one wants to invest contact .9902605157
Reply
9.
M.A.Pathan September 19, 2014 at 4:59 pm
I have land for 1mw solar plant karnataka , any one want to invest contact . 9902605157
Reply
10.
Venkat September 19, 2014 at 3:05 pm
Hello,
Please let me know if 33KV or 132 KV which one should be nearer to power substation
Reply
11.
Arikatla chaitantya September 19, 2014 at 2:15 pm
sir,
i am interested about this solar project,i have 10 acres of land can you plz send the project
details to established in andhra pradesh alone with your contact details and mobile number.
Reply
1.
Dear Chitantya,
Good Evening.
Best Regards,
Sowmya
Reply
12.
anil singh September 18, 2014 at 10:52 am
Hi,
Any consultants local to hyderabad please get in touch with me. I have around 8 acres of land
close to the city and would like to understand the best possible infrastructure setup in this land.
Please mention the plant size, the approximate costs and time involved to go live in your fist
email.
Thanks,
Anil
tasingh@hotmail.com
Reply
13.
sreedhar September 18, 2014 at 9:40 am
seems this is one more bubble too many consultants and too many unsophisticated investors
wanting to setup 1MV plants. if i see it correctly the ROI is about 10%..which you can also get
in FD with out any risk (correct me if i am wrong here). else keep away from this it will just be
bubble like realestate.. solar per unit prices will only go down with improved efficiency of PV.
unless you are doing this on massive scale its not worth the risk. if you try to do with borrowed
money on 15% interest rates you will sink in no time.. this is no growth business you cant grow
it if you dont pump in more money and all that money will have to be converted into assets
unlike other businesses . this is high risk you are warned..
Reply
14.
sai deexith September 18, 2014 at 7:24 am
hi all im intrested in setting up 25MV in telangana, nalgonda dist i am looking up for forgin
funding
Reply
1.
SOLARSOLUTIONS2015@GMAIL.COM September 18, 2014 at 9:53 am
Dear Sai,
Good Morning.
Best Regards,
Sowmya
Reply
2.
ISHWAR September 22, 2014 at 11:47 pm
Kindly send your project details collateral details to ishwar@insolare.com we will help you to
get the funding based on your financial health
Plz mention your contact num.
Reply
15.
sai deexith September 18, 2014 at 7:19 am
hi all im intrested in setting up of 25MV in telangana region i have 126 acres land in nalgonda
dist i am looking out for forigen funding
Reply
1.
THARUN KARRA September 18, 2014 at 7:21 am
Dear sir
For more information you Plzzz contact me.
Regards
Tharun karra
82979 60700
Reply
2.
VAIBHAV BALIA September 19, 2014 at 11:03 am
Dear Sai
For more details please contact
Vaibhav Balia
+91-8003009888
Reply
3.
Muralidharan.V September 19, 2014 at 4:06 pm
PLEASE CONTACT US WITH YOUR MOBILE NO EMAIL ID TO THE FOLLOWING .

cAN PROVIDE GOOD O/P GAURANTEE WITH FOREIGN FUNDING AND PPA.
Muralidharan.v.
09445094041
Reply
4.
Dear Mr Sai Deexith,

Kindly send your project details, collateral details to ishwar@insolare.com we will help you
to get the funding based on your financial health
Plz mention your contact num.
Reply
16.
MAHAM September 15, 2014 at 11:18 am
Hi, I want to know that if an electric utility wants to set up a 10 MW solar power plant, how is the
payment generally guaranteed (from a buyers perspective)?
Reply
1.
THARUN KARRA September 15, 2014 at 5:59 pm
Sir
We have an agreement with govt.
That is PPa.
Regards
Reply
17.
Ranbir September 15, 2014 at 10:46 am
We are a complete solar turnkey solutions provider providing finance and technology for projects
with capacity more than 5 MW and above.
We fund for both govt. PPAs and Pvt. PPAs. Funds can be arranged at 1% + LIBOR or @ low
interest rates in $s. Technologies we use are from Germany, US of A, France etc.
Debt-Equity funding and 80-100% finance can be arranged.
Please contact me if you have a valid PPA and is planning to set up a Solar Plant.
Ranbir Ghosh Director
LAXVEN POWER PVT. LTD.
ranbir.ghosh@laxvenpower.com
+919845143753
Reply
1.
hi all im intrested in setting up of 10 MV at adilabad dist. in telangana region i am looking

out for indian/forigen funding.
Reply
18.
Swarupa B September 15, 2014 at 4:47 am
Mr,Pradeep, Im interested in setting up 1MW plant in Andhra Pradesh. Can I have your contact
detail or else your mail ,so that i can get the complete information on the project.My mail
swarupa.mech34@gmail.com.
Reply me as soon as possible you can.
Reply
19.
venugopal chilukuri September 15, 2014 at 12:44 am
Im interested to set up 1MW in telangana nalgonda district and I got 20 acres land
Reply
1.
Dear Raj,
Best Regards,
Sowmya
Reply
2.
Plz send your project details to ishwar@insolare.com we will provide you the best solution.
Kindly mention your cont num. along with mail.
Reply
20.
Kishor September 14, 2014 at 11:17 am
Dear Raj sir,

sorry for the late reply.
but I am confident that I can help you in both ways (Finance as well as EPC work) SPP of 10 MW
plant.
If possible request you to pl.contact me for further details.
kishorbelsare@gmail.com
Reply
1.
i have land for 10mw solar plant in adilabad dist. if any one want to intrest contact
08790168499 ,9059098961
Reply
21.
bhavani prasad September 13, 2014 at 8:53 am
A good information .. but I didnt get u DAT is it beneficiary to keep a solar 1MW in andhra
Pradesh .how much cost will be paid by government for1unit .
Reply
1.
Dear sir
Iam tharun works for Bosch solar energy.
For more information please feel free to contact.
Regards
Tharunkarra
82979 60700
Reply
22.
Sravan Kumar September 12, 2014 at 9:34 pm
If anyone interested in Setting up Solar Power projects in telangana Region we can provide you
land from 25 to 800 acres Which are very near to the power Grids
Reply
1.
Dear sir
Please mention your contact details to me
82979 60700
Reply
2.
Muralidharan.V September 15, 2014 at 4:26 pm
Dear Sir ,
Please let me know the location and also your contact no along with tentative price /acre
so that I can communicate to my friend who is looking for land for solar projects.
Regards ,
Muralidharan.V
09445094041
Reply
23.
Sravan Kumar September 12, 2014 at 9:34 pm
If anyone interested in Setting up projects in telangana Region we can provide you land from 25
to 800 acres Which are very near to the power Grids
Reply
1.
Dear Saravan,
Can you pls share the details to me on solarsolutions2015@gmail.com.
Best Regards,
Srinivas
Reply
24.
aditya September 12, 2014 at 7:55 pm
hello sir,
what are various charges applicable on the developer in case of 3rd party sale by state
transmission utility ?How much percentage does it holds in yearly revenue?Do you think 3rd
party sale holds a great scope ?
Reply
25.
mayur jopale September 12, 2014 at 12:36 pm
am intrested to produce 1MW solar power plant

Reply
26.
SACHIN KULKARNI - 7875492258 September 11, 2014 at 6:21 pm
Dear sir,
I am interested in 1 mw solar power plant in maharashtra at latur
Please send offer with all accessories immediate.
Reply
1.
VAIBHAV BALIA September 12, 2014 at 11:34 am
Dear Mr Sachin Kulkarni

Can you please share your contact details .
Regards
Vaibhav Balia
Contact : +91-8003009888
Reply
2.
ANSHUMAN SHRIVASTAVA September 16, 2014 at 2:57 pm
Dear Sir,.
We are Industrial consultant. and we assist our customers for all industrial projects in
terms of finance and technical support.
We are specialized for non conventional power plant which includes solar power plant
also.
our services are.
1) site identification.
2) Financial and technical feasibility study .
3) Project Report preparation.
4) Bidding process.
5) Provide EPC support.
6) Turnkey projects.
7) Project finance assistance.
share your contact details or send me mail for further details.
Regards
Anshuman Shrivastava
anshu4503@yahoo.co.in
Reply
3.
Dear Sir,.
We are Industrial consultant from pune Maharashtra . we assist our customers for all
industrial projects in terms of finance and technical support.
We are specialized for non conventional power plant which includes solar power plant
also.
our services are.
4) Bidding process.
geographically we can work in all states specially in west and north.

Regards
Reply
27.
SAMBASIVA PRASAD September 10, 2014 at 5:11 pm
sir,
I am interested in power plant project in Kanigiri area.Can please send me the detailed
information regarding all issues.
Reply
1.
Dear sir
How much capacity of plant you are planning.
For more information you Plzzz contact me
Regards
Tharunkarra
Reply
1.
SAMBASIVA PRASAD September 16, 2014 at 8:57 pm
Sir,
I am planing for 1 Mw PROJECT.How much it costs?How much land is needed
for its establishment?pls give me the details
Reply
28.
Raj September 10, 2014 at 1:16 pm
Mr chetan, I am looking funding for 10 mw project in Andhra pradesh I would love to get more
info from you.
Thanks
Raj.
Reply
1.
Chetan September 10, 2014 at 1:31 pm
Can you give me your contact number or plz call me on 9550015678

Reply
2.
Chetan Desai September 10, 2014 at 1:56 pm
Dear Raj
Can you please give me your contact number . or please contact me on my mobile
09550015678
Reply
1.
Dear Raj,
Best Regards,
Sowmya
Reply
29.
Sankar Reddy September 9, 2014 at 2:37 pm
I am interested to setup power plant in kadapa. My mail id is sanahari2000@gmail.com and contact

number : 9441155260
Reply
1.
SAMA HARI KUMAR September 11, 2014 at 7:54 pm
we had be consultant and supported un setting up 10Mw solar power plant in

mehaboobnagar district now we are handling EPC in solar power plants in bengalor we
are in solar field from last 8years if you are intrested in solar plant setting up we will help
in every step from approval to commissioning.
contact
Hari Kumar s
Regional in-charge
Avi solar energy Pvt.Ltd Bangolr

No : 9492721535, 9550567349
Reply
1.
SAMA HARI KUMAR September 11, 2014 at 7:56 pm
10Mw Pragathi solar plant, we were taken care in PPA also

First palnt in Telanga 3rd pary private PPA.
Reply
2.
hi all im intrested in setting up of 10 MV at adilabad dist. in telangana region i am

looking out for funding my mob.no.08790168499,,,9059098961
Reply
30.
satnamsinghsaini September 8, 2014 at 11:08 pm
Please send details for setting up roof top solar system

Reply
1.
Hi,
pls get back to us on solarsolutions2015@gmail.com with detailed requirement.
Best Regards,
Sowmya
Reply
31.
M.S.Raju September 8, 2014 at 12:38 pm
The expected price for 1 unit of solar power in Telangana is Rs.7. The expected sale of units is
1.5 MU/MW/year. The income would be Rs.1,05,00,000/MW/year of solar power. But the O&M
expenditure as per the above FAQs is Rs. 1,23,00,000/MW/year. How is this project feasible? Pl.
clarify and enlighten so that we can meet you for further discussions.
Reply
1.
The typical O&M costs are 7-10 lakhs/Yr/Mw. I donot understand the 123lakhs.It seems a
typo..
+99 49 311373
Reply
32.
M.S.Raju September 8, 2014 at 12:19 pm
As per the above, the expected income for 1 MW/year is 15,00,000X7= Rs. 1,05,00,000. The
O&M expr. per 1 MW per year is Rs. 1,23,00,000. Hence the proposal is not feasible. Pl. clarify.
Reply
1.
PRADEEP (Post author)September 9, 2014 at 12:09 am
Dear Mr.Raju,
Apologies. It was indeed a typo as pointed out by Mr.Gowri Shankar. The O&M cost per
year per MW as suggested by CERC is Rs.12.3 Lakhs. This can vary from project to
project. You can refer to the following docs for CERC benchmark Cost and Unit Tariff
details
http://www.cercind.gov.in/2014/orders/SO353.pdf and http://www.cercind.gov.in/2014/orders/SO354.p
df
These are not hard and fast numbers and can be different for each project. It is only a
suggested benchmark.
Reply
33.
upendra reddy September 8, 2014 at 9:57 am
I am interested in setting up 1MW solar plant at kurnool district in Andhra pradesh.I am not
participated in Tender.How to apply and send me details.
Reply
1.
Hi You can speak to me for detailsor write me an email..

Reply
1.
give your contact details

Reply
2.
give your contact details

Reply
3.
Dear Updendra,
Best Regards,
Sowmya
Reply
34.
Kiran varma September 7, 2014 at 3:28 pm
Hi Chetan
I am interested on this projectcould you please contact me
cell:919603734567
mail ID: kiranvasistas@gmail.com
Reply
35.
Krishna Shankar September 7, 2014 at 11:02 am
Sir,
I have doubt regarding the units. Can u please explain how many no units we consume is in
terms of watts??
Reply
1.
Dear sir
1 unit = 1000 watts.
Regards
Reply
2.
PRADEEP (Post author)September 9, 2014 at 12:12 am
Dear Mr.Shankar,
1 Unit of Energy is represented as 1KWhr or 1000Whr i.e. 1000 Watt-hours.
Energy is based on time but power is instantaneous. A 100W incandescent bulb running
for 10 hours consumes 100W*10hours = 1000Whr or 1 Unit of Energy. Similarly, a 40W
Tubelight running all day (24 hours) consumes 40W*24hours = 960Whr i.e.
approximately 1 Unit of Energy.
Hope its clear.
Reply
36.
karthick ramaiah September 7, 2014 at 7:30 am
Dear sir,
Pls share your contact details. We already completed 3.3 MW PV plant in your mulbagal area .
08888346546
ramaiahseetharaman@gmail.com
Reply
1.
Rajashekar September 8, 2014 at 10:50 am
Hello karthick ramaiah as i mentioned i have more than 25 acres of land at one stretch
with very good road approach Mulbagal, Kolar dist, & interested in investing for at least
1MW solar power generation. So guide me how to go about it & how much it may cost to
gererate the same.
Name:Rajashekar
Contact Number:09448316136
E-mail: yeshits@rediffmail.com
Reply
37.
HUKAM SINGH BHATI September 6, 2014 at 6:38 pm
I have appx 15 acres of land near osian,Jodhpur connected to road any solar power company
interested on taking it on lease
Reply
38.
Chetan Desai September 6, 2014 at 10:11 am
Solar Power Project Funding Terms. any one interested can send me Detailed Project Report
along with financials. Funding can be arranged. Minimumm Project Size should be 5 MW.
Interested persons kindly contact me.
The technology will be German.
Debt funding to the extent of 80% will be possible at Libor + 500 bp ( as per RBI Norms)
EPC will be done by the German Company.
25 year warranty
O&M can also be fixed up with the same company.
Equity can also be arranged on case to case basis
Reply
1.
Ronit Das September 6, 2014 at 10:44 am
Mr. Chetan,
Yes im interested on you. My email id is ronit.das4@gmail.com and Ph no. +918763727945.
Please contact me.
Im waiting for your response.
Reply
1.
i have non agricultural land at adilabad dist.in telangana state and i an intrested
for solar power generation project and in sarch of finance partner for 10Mw
project if any one want to intrest contact 08790168499,,9059098961
Reply
2.
Umesh Bhardwaj September 7, 2014 at 3:05 am
I am interested in setting up 5MW SPP in UP.

I am applying for aa govt tender also.
How can you help?
My mobile nu. 8874200989
Reply
1.
You can contact me with your email and we will send you details
Reply
2.
Dear Sir,.
We are Industrial consultant. and we assist our customers for all industrial
projects in terms of finance and technical support.
We are specialized for non conventional power plant which includes solar power
plant also.
our services are.
4) Bidding process.
geographically we can work in all states specially in west and north.
Regards
Reply
1.
i have non agricultural land at adilabad dist.in telangana state and i an

intrested for solar power generation project and in sarch of finance
partner for 10Mw project if any one want to intrest contact
08790168499,,9059098961
Reply
3.
jithendra September 9, 2014 at 7:57 pm
mr chetan,
iam interested in 5mw in andhra pradesh can u pls give me a call at 08939571871
Reply
1.
A land consultent September 15, 2014 at 11:32 pm
First you select 33kv sub station which is govt. Sellected then you purchase a
land of 30 acres. Last date for bidding 22 nd sep 2014
Reply
4.
Chetan Desai September 10, 2014 at 1:50 pm
Hi any one interested in funding. Kindly contact me on 9550015678..

Regards
Chetan
Reply
5.
shekar September 18, 2014 at 2:29 pm
Hi Chetan can you please share the project report and financials details for
understanding.
Regads,Shekar
Reply
1.
Chetan September 18, 2014 at 4:26 pm
Dear mr shekar
Plz call me on my mobile number 9550015678 further discussions
Reply
6.
N.Pranhakar Reddy September 23, 2014 at 9:24 pm
I want to know the details of solar plant. We are in trusted in this line near Sri city Tada
industrial area.

Frequently Asked Questions On Solar Power

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FREQUENTLY ASKED

What is the life-time of a typical Solar Power plant?

What is the annual energy generated from a 1 MW Solar Power plant?

Number of sunny days

Usage of Solar Tracking systems

Quality of equipment used

Workmanship of the EPC contractor

Off-Grid Captive Consumption for domestic premises

Off-Grid Captive Consumption for commercial premises

Grid Connected (Net Metered) Captive Consumption for domestic premises

Grid Connected (Net Metered) Captive Consumption for commercial premises

Sale of Power generated to local Distribution Company (DISCOM)

Sale of Power generated to 3rd Party consumer (Industry or Commercial entity)

Wattage of appliances to be run on Solar

Monthly energy consumption from these appliances

Energy Backup or Days of Autonomy required

Roof space available for plant setup

Permissions and Bank Loans

9. Clearance from Forest department

Setup Costs and Power Sale Tariff

What would be the O & M cost?

What would be the per unit expected sale price?

RECs and Carbon Credits (CERs)

Captive Power plants

Sale of power to Govt. at APPC

Sale of power to 3rd party at mutually agreed price

Benefits for Solar Power plants

Other State specific exemptions which vary from state to state.

Can Accelerated Depreciation benefits be claimed by Solar Power Developers?

Is there any subsidy available for Solar Power plant setup?

Setting up Solar Power plant in Andhra Pradesh

Exemption from Electricity Duty

Exemption of Wheeling Charges, Transmission Charges and Cross-subsidy Charges

Refund of Stamp Duty and Registration Charges for purchase of land

Where is the project going to be setup?

Who is the power sold to and at what price is it being sold?

What are the yearly estimated revenues and returns?

660 thoughts on Frequently Asked Questions on

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Muralidharan.V September 25, 2014 at 10:26 am

PLEASE CONTACT US WITH YOUR MOBILE NO, EMAIL ID TO THE FOLLOWING .

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