The land required for a 1 MW power plant setup is around 4.5-5 acres
Average annual energy generated from a 1 MW Solar Power plant in Rajasthan is around 1.45 million units. But energy generation depends on various factors that are not in the hands of solar developers like Solar Irradiation, No of sunny days etc.
• Sale of Power generated to local DISCOM
• Sale of Power generated to 3rd Party consumer
• Captive Consumption for Industrial premises
The cost for setting up a 1 MW Solar Power Plant is around 5.5 Crores
Yes, Solar Power developers can avail loans from banks for Solar Power Plant setup. The typical Debt-Equity Ratio for Solar Power plants is 70:30
This depends on the off-taker

• If it is DISCOM, PPA is signed either at current Average Pooled Power Purchase Cost (APPC) or at tariff determined through competitive bidding
• If it is 3rd Party consumer, a mutually agreed tariff will be decided and accordingly, PPA will be signed
Solar Power plants setup under the following 3 modes are eligible for REC benefits:

• Captive Power plants
• Sale of power to Discom at APPC
• Sale of power to 3rd party at mutually agreed tariff

Solar Power plants setup under Preferential Tariff schemes are not eligible for RECs
Following are the benefits a Solar Power Developer can avail:

• Accelerated Depreciation – 40%
• 10 years Tax Holiday – during which time Minimum Alternate Tax is still applicable (20.01%) which can be offset against tax payable later
Subsidy is available but will not be applicable in case of sale of power

We're on Facebook