8 Steps to Conduct a Feasibility Study for your Engineering Project!!
In Gujarat in 2010, govt bought solar power at 2010 PPA rates of Rs 9.13 – Rs 15. And capital investment in the solar system at that time was 8 Cr – 10 Cr at that time. Case 1, Year 2008 2008 – Considering Rs 12 PPA, yearly earnings will be 1,68,00,000 Payback period (7,00,00,000/1,68,00,000) = 4.5 Year Case 2, Year 2022 Considering Rs 3 PPA, Yearly earnings will be 42,00,000 Payback period ((4,00,00,000/42,00,000) = 9.5 Years Looking at the above calculations we take investment decisions in the solar system we will not be much profitable in current times. …