Average Cost of Large-Scale Solar Projects up 19% Year-over-Year

Project costs varied between ₹40.6 million/MW and ₹45.9 million/MW

May 27, 2022

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The average cost of large-scale solar projects in the first quarter (Q1) of the calendar year (CY) 2022 was approximately ₹43.5 million (~$560,512)/MW, according to Mercom’s recently released Q1 2022 India Solar Market Update.

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Arjun Joshi

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Average Cost of Large-Scale Solar Projects up 19% Year-over-Year

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