Feasibility of Solar Applications in MSMEs

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Kolar - Shivarapatna stone idol cluster Estimated number of units: 200 aggregate Estimated solar potential: 1000 kWp

1

Micro: 5 kWp gridfed (individual) system @INR 2.7 lakh

Name of the cluster Solar PV capacity and cost (benchmark cost of MNRE, Government of India)

S No.

Scenario 2 E -20% L- 20% S-60% 5-year loan term Payback: 5.33 years @12% interest Payback: 5 years @ 8% interest

Scenario 1 E -20% L- 80% S- 0% 5-year loan term Payback > 15 years @12% interest Payback >15 years @8% interest

Prospective business model

TABLE 12: Cluster-wise details of the solar PV potential and feasibility

District Industry Centre (DIC) and Karnataka State Handicrafts Development Corporation (KSHDC) for 10% and 40% subsidy, respectively. MUDRA and SIDBI financing schemes for loan

Mobilization of funds from potential schemes/ agencies

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