Average Cost to Develop Large-Scale Solar Projects Up by 21.6% YoY in Q4 2021

Project costs are estimated to increase further as BCD takes effect in April 2022

March 15, 2022

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The average cost of large-scale solar projects in the fourth quarter of 2021 (Q4 2021) was approximately ₹43 million (~$566,008)/MW, according to Mercom’s recently released 2021 Q4 and Annual India Solar Market Update.

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Arjun Joshi

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Average Cost to Develop Large-Scale Solar Projects Up by 21.6% YoY in Q4 2021

Continue Reading with Premium Access

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