Cost of solar power plant brought down, says energy researcher.

Successful research and development carried out by Gujarat Energy Research and Management Institute has brought down the fixed cost of setting up of a solar power plant to just Rs. 3.5 crore per megawatt.

'About seven years ago, the fixed cost attached for a 1 MW solar power plant was about Rs. 15 crore, which we have brought down to Rs. 7 crore. GERMI's R&D efforts have successfully brought down the cost further to Rs. 3.5 crore by using graphite and silicone in solar cells. The laboratory experiments are successful and now we are trying it for industrial scale,' T. Harinarayana Director, GERMI, said at the ongoing Sixth CII Energy Expo and 'India Energy Conclave'.


HBL