What are the individual contributions of components to the overall costs of a MW- Scale Solar Power Projects?
This is a common question we get at Solar Mango.
Most of the industry experts agree on Rs.5.5-6 Crores as the investments cost per MW for a Solar Power Project as of 2016.This cost is exclusive of trackers and the land costs.
The cost break up for a MW scale power project, however , remains vague.After extensive research, Solar Mango has tabulated below the individual contributions of each component in the power plant to the overall investment required.
|Component||Percentage Contribution to Costs|
|Mounting Structures with trackers||15%|
|Cabling(DC, AC, Communication)||5%|
|Electrical Items –String Boxes,HT Panels,Transformers||4-5%|
|Material for Civil Works||1.5-2%|
|Switchyard,Protection Panel, Metering||2%|
|Civil Works- Service Charge||1.5%|
|Mechanical and Electrical Works-Service Charge||1.5%|
|Project Management and Design||1%|