1 MW Solar Power Plant EPC Cost with Multi

Crystalline Modules
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Lately we have been getting several inquiries from customers requesting us to
provide information on cost and viability of setting up a 1 MW solar plan from all over
India, below is price split for a 1 MW Solar Power Plant with Multi Crystalline Modules
*Split price in lakhs

SL 1 MW 1MW 1MW REMARKS

N PROJECT SPECS
O

1 Module mounting Fixed Track

Structure er

2 5 Acre/MW land 0.00 0.00 Customer scope (6.5 acres for

single/double axis tracker )

3 Land levelling 0.00 0.00 Customer scope

4 Solar Modules 350. 350.0 Globally ( Tier 1 ) reputed
00 0 make with 25 year Power
warranty

5 Module mounting 40.0 80.00 Reputed make with 25 year

Structure 0 warranty

6 Cables 17.0 17.00 Reputed make with 25 year

0 warranty

7 Inverters with 45.0 45.00 Vacon/Bonfiglioli/Hitachi/Sante

SCBs & SCADA 0 rno

8 Switch yard 80.0 80.00 PETE/ESENNAR Transformers

132/33/11KV 0 with reputed make of switch
gears
9 Evacuation line 0.00 0.00 Customer scope can be done
132/ 33/11KV 11kv @ 5 lakhs/km & 33KV @
8 lakhs/km)

10 Buildings 10.0 10.00 PEB structure

0

11 Internal Roads 0.00 0.00 Customer scope

12 Civil for 17.0 17.00 As per the soil report

foundation 0

13 Earthing,and 6.00 6.00 Standard

lightning arrestor

14 Installation 8.00 8.00 The best by the professionals

without material
15 Transportation 6.00 6.00 From ICD Hyderabad or from
Chennai/NHAVA Yard

16 Compound wall 0.00 0.00 Customer scope

17 System design 6.00 6.00 The best by the professionals

18 Project 6.00 6.00 The best by the professionals

management

Total EPC Price in 591. 631.0 This price is only

lakhs 00 0 applicable when procurement
is solely done by us

Per MW EPC 591. 631. All prices are exclusive of

Price in lakhs 00 00 taxes or Taxes extra as per
actual
Here is the link to 1MW Solar Plant Investment Model
Here is the link to financial model ROI and profitability of 1 MW Solar Plant
Also, see how you can earn up-to 15% by investing in Rooftop Solar Plants
We offer end-to-end solar plant services with Project management, implementation
from concept to commissioning including engineering, design, construction,
procurement and operations and maintenance, for details, visit our Solar Plant
Services

Financial Model for 1 MW Solar Plant All over India

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Based on Popular demand we have decided to add 1MW -10MW Blog series to
address all the commonly asked questions, like Cost, ROI and Profitability when
setting up a Solar Plant in India
Below is the financial model for 1 MW Solar Plant investors in ten years.
All calculations are done in Lakhs
Years 2016 2017 2018 2019 2020 20 20 202 20 20
21 22 1 22 23
Revenue 113.5 113.5 113.4 113.4 113.3 11 11 113. 11 11
3.2 3.2 12 3.1 2.
Operational Expenses 8 8 8 8 8 8 8 8 8 8
Bank Interest Payment 57.1 51.8 46.4 41 35.6 30. 24. 19.5 14. 8.
2 9 1
Depreciation 34.3 34.3 34.3 34.3 34.3 34. 34. 34.3 34. 34
3 3 3 3
Total Expense (without AD) 99.4 94.1 88.7 83.3 77.9 72. 67. 61.8 56. 51
5 2 4 0

Profit Before Tax (without 14.1 19.4 24.7 30.1 35.4 40. 46. 51.2 56. 61
AD) 7 0 7 9
Taxation (without AD) 2.7 3.7 4.7 5.7 6.8 7.7 8.7 9.7 10. 11
8 8
Profit After Tax (Without 11.4 15.7 20.0 24.4 28.6 33. 37. 41.5 45. 50
AD) 0 4 5 2
Profit After Tax (Without 11.4 15.7 20.0 24.4 28.6 33. 37. 41.5 45. 50
AD) 0 4 5 2
Depreciation 34.3 34.3 34.3 34.3 34.3 34. 34. 34.3 34. 34
3 3 3 3

Total
Less ( -)
Bank Debt Service amount 41.37 41.37 41.37 41.37 41.37 41. 41. 41.3 41. 41
37 37 7 37 37
Balance sheet of 1MW Solar Power Plant Investors
INCOME AMOUNT EXPENDITURE AMOUNT

Total 113,300,0 Operational 8,000,00

Revenue 00 Expenses 0
for 10
years

Bank Interest 33,000,0

Payment 00

Depreciation 34,300,0
00

Total Expense 75,300,000

(without AD)

Profit Before 38,000,000

 Tax (without
AD)

Taxation 7,230,00
(without AD) 0

(Min
Alternative Tax
19%)

Profit After Tax 30,770,0

(Without AD) 00
Total 113,300,0 113,300,000
Income 00

Depreciation 34,300,000
Profit After Tax (Without AD) 30,770,000
Total amount in account 65,070,000
Bank Debt Amount 41,300,000
Balance cash in hand 23,770,000
Are you looking for ROI for Plant size greater than 1 MW? Download Solar Plant ROI
Calculator and provide the plant size and other details to see IRR and annual
distributions
Here is the link to 1MW Solar Plant Investment Model
Here is the link to step by step process to set up 1 MW Solar Plant
Interested in Setting up a 1MW Solar Plant? We offer end-to-end services for solar
plant setup, visit our solar plant services for details
Investment Model for 1 MW Solar Power Plant
.entry-header
We see a huge demand for information for investment models for setting up a 1 MW
Solar Plant, We have decided to create a 1MW 10 MW blog series to address most
commonly asked questions
Below is the investment model for 1 MW Solar Plant All over India
Capacity of Power Plant 1 MW
Generation Expected per year 17.50 Lakhs Units/MW
Degradation till 1st 10 years 0.05%
Degradation from 11 to 25 years 0.67%
Debt Percentage 70%
Equity Percentage 30%
Rate of Interest of Indian Bank 13.0%
Loan
Rate of Interest of Foreign Bank 10%
Loan
Repayment Period of Indian Loan 11 years
Repayment Period of Foreign Loan 15 years
Percentage of Indian Loan 70%
Percentage of Foreign Loan
Average Cost of Sale of Electricity 6.49 Rs/unit
Yearly Escalation Expected
Cost of Project per MW 650 Lakhs/MW
O&M Cost per MW for 1st year 8.0 Lakhs/MW
Depreciation 5.28%
Corporate Tax 30.28%
Minimum Alternate Tax 18.38%
Project Funds
Project Cost 650 Lakhs
Debt 455 Lakhs
Equity 195 Lakhs
Here is the link to financial model ROI and profitability of 1 MW Solar Plant
Here is the link to step by step process to set up 1 MW Solar Plant
Here is the link to EPC price split for a 1 MW Solar Plant
Interested in setting up a 1 MW Solar Plant? visit our Solar Plant Services to find out
about our end-to-end services for Solar Plant Setup
Also, see how you can earn up-to 15% by investing in Rooftop Solar Plants