{"id":14184,"date":"2013-08-14T10:26:53","date_gmt":"2013-08-14T04:56:53","guid":{"rendered":"http:\/\/www.greenworldinvestor.com\/?p=14184"},"modified":"2013-08-14T10:26:53","modified_gmt":"2013-08-14T04:56:53","slug":"below-10ckwh-solar-price-in-india-throws-the-cat-amongst-the-pigeons","status":"publish","type":"post","link":"https:\/\/iiec-india.org\/greenworld\/2013\/08\/14\/below-10ckwh-solar-price-in-india-throws-the-cat-amongst-the-pigeons\/","title":{"rendered":"Below 10c\/Kwh Solar Price in India throws the Cat amongst the Pigeons"},"content":{"rendered":"<h3>Cost of building a Solar power plant in India<\/h3>\n<p><strong>India&#8217;s<\/strong> solar power costs have declined dramatically and have become one of the lowest in the world. The capital costs of <a href=\"http:\/\/www.greenworldinvestor.com\/wp-content\/uploads\/2011\/09\/images17.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-5167\" title=\"Solar Power Plants\" src=\"http:\/\/www.greenworldinvestor.com\/wp-content\/uploads\/2011\/09\/images17-300x132.jpg\" alt=\"Solar Power Plants\" width=\"300\" height=\"132\" \/><\/a>building a 1 MW solar power plant in India is Rs 7 crore ($1.2\/watt) which makes it amongst the lowest in the world. India&#8217;s state of <a href=\"http:\/\/timesofindia.indiatimes.com\/city\/chennai\/TN-unveils-solar-power-tariff-leaves-industry-sore\/articleshow\/21669424.cms\">Tamil Nadu has come at a price of just Rs 5.78<\/a> (9.5c\/Kwh) to buy solar power from producers in India. Note this price is less than 25% of the price being offered in Japan for solar power. Not only has India benefited from lo<em>w solar panel prices imported from China, the country also has very low labor costs<\/em>. This has made it possible to build a utility scale power plant at such a low cost. Note the costs are also very low in Germany but not as low as $1.2\/watt.<\/p>\n<p><strong><em>Read about\u00a0<a href=\"http:\/\/www.greenworldinvestor.com\/2010\/10\/13\/solar-panels-in-india-complete-guide-on-buying-low-cost-pv-panels-from-solar-energy-system-manufacturers\/\" target=\"_blank\" rel=\"noopener\">Solar Panels in India \u2013 Complete Guide on Buying Low Cost PV Panels from Solar Energy System Manufacturers<\/a>.<\/em><\/strong><\/p>\n<p>These low prices are going to make solar energy grow exponentially in India, as the retail price is 10c\/Kwh. While building rooftop solar plants is not as cheap, but neither does the costs of solar power escalate regularly nor is it totally unreliable. Companies such as <strong>Su-Kam<\/strong> are already offering a complete rooftop solar solution and I expect that solar systems are going to grow rapidly in India. Brownouts are common India and electricity prices have gone up by almost 100% in the last few years.<em>Solar power will also not suffer from the massive inflation<\/em> that is a regular feature in India. Once you build a solar system for your home, your costs are fixed unlike other costs which go up by 10% every year.<\/p>\n<p><strong><em>Read more about\u00a0<\/em><\/strong><strong><em><a href=\"http:\/\/www.greenworldinvestor.com\/2011\/04\/07\/solar-power-in-india-all-you-wanted-to-know-solar-power-plantssolar-panel-manufacturersinstallersinverter-companiessubsidiesjnnsmtariffsrecrpo-and-technologypvsolar-thermal\/\" target=\"_blank\" rel=\"noopener\">Solar Power in India<\/a>.<\/em><\/strong><\/p>\n<h3>Issues with Solar power developers in India<\/h3>\n<p>Solar power developers are not happy with such low prices but that cannot be helped. The fact is that a solar PV plant can be built at <strong>INR 7 crores<\/strong> in India today, whether they like it or not. Solar energy at this price will not allow them to make more than 10-15% IRR. They can live with it or leave.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cost of building a Solar power plant in India India&#8217;s solar power costs have declined dramatically and have become one of the lowest in the world.<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","footnotes":""},"categories":[30,45],"tags":[2734,4782,5002,5020,5406],"class_list":["post-14184","post","type-post","status-publish","format-standard","hentry","category-india-green-stocks-greeninvest","category-solar-renewable-energy-greeninvest","tag-india-green-stocks-greeninvest","tag-solar-energy","tag-solar-power","tag-solar-power-plant","tag-tamil-nadu"],"_links":{"self":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/14184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/comments?post=14184"}],"version-history":[{"count":0,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/14184\/revisions"}],"wp:attachment":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/media?parent=14184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/categories?post=14184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/tags?post=14184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}