7/24/2019 Cost of Setting Up a 1MW Solar Plant in Andhra

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Cost of setting up a 1MW Solar Plant in Andhra Pradesh

Our article Why invest in Solar in Indiadiscusses in detail about the current opportunity inSolar sector in India and in leading solar states such as Andhra Pradesh

There are few business models that solar investors/developers could choose from when it

comes to investing in Solar in India, our article usiness models in Solar in Indiadiscussesthese models in detailelow are the list of components which contribute to overall cost of a solar plant

Solar ModulesAmong the various photovoltaic technologies in use, crystalline Silicon technology is mostwidely used technology globally!

This is primarily because the technology is well understood, and was amongst the "rstdeveloped photovoltaic technologies! The installation and integration of these modules isrelatively easier

Non Module Components

The non#module cost components comprise cost towards land, civil $ general wor%s, groundmounting structures, power conditioning unit, cabling $ transformer/ switch#gears andpreliminary/pre#operating e&penses $ "nancing costs!'ach component of above referred non#module cost of Solar P( based power plant isestimated as under for the determination of capital cost of Solar P( pro)ects

Land RequirementThe land re*uirement for Solar P( based power pro)ect depends upon the technologyemployed i!e! +rystalline or Thin "lm, land re*uirement for crystalline P( pro)ect is Acre/-WPower Conditioning Unit (n!erter"Power conditioning .nit is an important component of the balance#of#system! Power

conditioners process the + power produced by a photovoltaic system to A+ power andmatch the same with utility0s power

Ci!il and #eneral Wor$sThe cost associated with civil wor%s includes testing of soil, preparation of soil/ground withall necessary wor%s li%e earthmoving, digging holes for the foundations/pilings and leveling,fencing of the land, development of approach road, cable trenches, water supplyarrangement in solar farm, control room etc!

1eneral wor%s include security of solar farm, setting up of power bac%#up generator2 yardlighting, earthling %its, etc

#round Mounting Stru%turesThe ma)or portion of the site will be used for ground mounting structures, P( moduleare mounted in a steel structure which will be installed facing south direction for beste3ciency $ optimal power output!

The steel structure will be grouted using 4++ foundation! The structure is designed to hold56 modules per structure and which can withstand wind speed up to 786%m/hr!

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7/24/2019 Cost of Setting Up a 1MW Solar Plant in Andhra

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The structure is designed in such a way that it will occupy minimum re*uired space withoutsacri"cing the performance!

Ca&les and 'ransformers+ables consists of + caballing between Solar P( panels $ Inverters including )unctionbo&es, A+ cabling between Inverter $ sub#station, 'arthling arrangements and Transformer!

Transformers includes rea%ers, +urrent Transformers, Potential Transformers, and Isolators

Preliminar)Pre*operating e+penses and ,inan%ing CostsThe preliminary/pre#operating e&penses include transportation of e*uipment, storage ofe*uipment at site, insurance, contingency, ta&es and duties I+9Interest duringconstruction: and "nance charges etc!

etailed brea%up of Preliminary and Pre#operative e&penses and "nancing cost, lump sum inpercentage of total capital cost is proposed as under;

Insurance +ost; 6!< +ontingency; 6!