Solar Energy projects in India face a set of business constraints which is likely to inhibit the accelerated adoption to Solar Energy.
High Initial Investment (Nearly 11.66 Crores per MW installed capacity)
Falling per unit cost of procurement by DISCOMS
Falling Solar panel cost.
Delay in procurement payments by DISCOMs.
Long 20-25 years to recover investment.
Surplus power generating capacity with SEBs leading to lukewarm response to green energy procurement.
The other contrasting situation in India is nearly 30% of the Indian population do not have access to Electrical energy for meeting their daily use. Either it is total non availability, partial or intermittent power supply or suffers from low -voltage issues.
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