Why Solar
Peak power deficits and rising power prices
India continues to be plagued by a persistent demand/supply mismatch with a five-year average energy deficit of approximately 5% through March 2016 according to the Ministry of Power, which has resulted in upward pressure in power prices.
Strong regulatory support
In order to reduce dependence on energy imports and curtail the current trade deficit and the resulting impact on the rupee, the Indian government has taken a number of steps to incentivize the use of renewable sources of energy. To provide further impetus to solar growth, the Indian government launched the Jawaharlal Nehru National Solar Mission, or the NSM, in 2010.
Solar positioned to win among alternatives
India ranks among the highest irradiation-receiving countries in the world with more than 300 days of sunshine per year in much of the country. Solar power generation is viable across most of India, unlike wind and hydro resources which are concentrated in specific regions. In addition, as solar plants can be built near the point of consumption, power produced generally does not incur expensive transmission charges or require infrastructure or transmission investments.
Solar approaching parity
State utilities have seen power costs rise as domestic coal shortages have caused thermal generators to increasingly rely on more expensive imported fuels. An analysis of current tariffs in India indicates that solar power is now competitive with wind, new thermal capacity fueled by imported coal and grid power tariffs for commercial users. Further, diesel power, the most common replacement power source for commercial and off-grid users in the country, is far more expensive than solar power.
Solar EPC
Shridhar Infratel Pvt. Ltd. is a pioneer in development of green technology solutions that are environmental friendly, energy efficient & cost effective. Our solutions are capable of delivering quick returns on investments, which has helped us gain the reputation of being a pioneer in the field of solar power generation.
Shridhar Infratel Pvt. Ltd. commissions and executes solar projects of any proportion on a turnkey basis from concept to completion and as per the custom requirements of clients. Shridhar Infratel Pvt. Ltd. offers solutions for homes, commercial, industrial and utility scale projects From Concept to Commissioning – All under one roof.