Evotech Pvt. Ltd., Sister Concern of Evcon Technologies, Providers of Evcon Turbo TMT System
Solar Power Plant
Option I: Under State Policies
Description Units(s)
1 MW plant cost 1 Million $
Equity from Investor 300,000 $(30%), Loan : 700,000$ (70%)
Loan Repayment Period 10 years
Installments 40 (on quarterly basis)
Annual O&M Cost 10,000 $
Manpower required 5 Person
Land required 5 Acre
Plant life 25 years
Annual generation 17 lacs Unit

Pre-Heater
Advantages:
  • Electricity can be sold to state Power Utilities on long tern PPA of 25 years
  • Electricity sale tariff is between 0.11 $ - 0.15 $ in various states
  • Annual earning from sale of electricity: Between 185,000 $ to 245,000 $
  • Payback Period = 6 Years
  • Total earning from the electricity sale: About 5.4 millions $
  • Initial investment of Investor: 300,000 $
Option II: Installation under JNNSM ( For 10 MW plant)
Description Units(s)
10 MW plant cost 10 Million $( 30% equity, 70% debt)
Central capital subsidy 2.1 million
Investor/Developer Share 2.37 million$ (Equity)
6.63 million $ (Loan)
Annual O&M Cost 100,000 $
Manpower required 5 Person
Land required 40 Acre
Plant life 25 years
Annual generation 170 lacs Unit
Advantages:
  • Electricity sale tariff: 0.95$ per unit
  • Annual earnings from sale of electricity: 1.64 $
  • Payback Period = 6 Years
  • Total earning from the sale of electricity over plant life: 41 million $
  • Note: Under this capacity one can setup solar power plants with minimum capacity of 10MW in SOLAR Parks being developed in MP, Rajasthan, AP by availing central subsidy with a maximum upper limit of 0.21 million $ per MW, whoever claims lesser amount, will get allocation first.