Explanatory Memo for benchmark Capital Cost Norms for Solar PV and Solar Thermal Power Project
Solar PV projects for the FY 2013‐14:
Table: Breakup for Capital cost projection
Sr.
No.
Particulars Capital Cost Norm
for Solar PV project
(Rs. Lakh/MW)
% of total
cost
1 PV Modules 344.50 43%
2 Land Cost 16.80 2%
3 Civil and General Works 094.50 12%
4 Mounting Structures 105.00 13%
5 Power Conditioning Unit 060.00 7%
6 Evacuation Cost up to Inter‐connection
Point (Cables and Transformers)
105.00 13%
7 Preliminary and Pre‐Operative Expenses
including IDC and contingency
080.00 10%
8 Total Capital Cost 805.80 100%
http://www.cercind.gov.in/2012/orders/242_SM_2012dated29oct.pdf
Solar PV projects for the FY 2013‐14:
Table: Breakup for Capital cost projection
Sr.
No.
Particulars Capital Cost Norm
for Solar PV project
(Rs. Lakh/MW)
% of total
cost
1 PV Modules 344.50 43%
2 Land Cost 16.80 2%
3 Civil and General Works 094.50 12%
4 Mounting Structures 105.00 13%
5 Power Conditioning Unit 060.00 7%
6 Evacuation Cost up to Inter‐connection
Point (Cables and Transformers)
105.00 13%
7 Preliminary and Pre‐Operative Expenses
including IDC and contingency
080.00 10%
8 Total Capital Cost 805.80 100%
http://www.cercind.gov.in/2012/orders/242_SM_2012dated29oct.pdf