{"id":5975,"date":"2025-09-05T14:41:51","date_gmt":"2025-09-05T09:11:51","guid":{"rendered":"https:\/\/www.solarsquare.in\/blog\/?p=5975"},"modified":"2026-03-06T16:50:34","modified_gmt":"2026-03-06T11:20:34","slug":"1-mw-solar-power-plant-cost","status":"publish","type":"post","link":"https:\/\/www.solarsquare.in\/blog\/1-mw-solar-power-plant-cost\/","title":{"rendered":"1 MW Solar Power Plant in India in 2026: Cost, Specifications, and Profit Explained"},"content":{"rendered":"\r\n<p><span style=\"font-weight: 400;\">Every single year, the sun drops 7,500 times more energy on Earth than what humanity actually uses. While we complain about hefty electricity bills and cry over climate change, most of that energy goes untapped. That\u2019s where the 1 MW solar power plant steps in.\u00a0<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">A 1 MW solar power plant is huge \u2013 it equals 1,000 kW. And installing 1,000 kW is a significant commitment. For perspective, here\u2019s a simple calculation:<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A 1 KW solar system requires 100 square feet of shadow-free area.<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">So, a 1 MW solar power plant area requirement will be at least 1,00,000 square feet.\u00a0<\/span><\/li>\r\n<\/ul>\r\n<p><span style=\"font-weight: 400;\">However, unlike the common belief that a 1 MW solar power plant has to be <\/span><a href=\"https:\/\/www.solarsquare.in\/blog\/ground-mounted-solar\/\"><b>ground-mounted<\/b><\/a><span style=\"font-weight: 400;\">, if your rooftop has enough space, it can be easily installed on rooftops.\u00a0<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">If you are thinking of setting up a 1 MW solar power plant and are keen on learning the cost of setting up a 1 MW solar power plant in India, its specifications, and subsidy details, we have all the answers you need! Dive in!<\/span><\/p>\r\n<h2><span class=\"ez-toc-section\" id=\"1_MW_Solar_Power_Plant_Overview\"><\/span><b>1 MW Solar Power Plant Overview<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><span style=\"font-weight: 400;\">A 1 MW solar power plant floods entire facilities with electricity \u2013 <\/span><i><span style=\"font-weight: 400;\">Hospitals. Factories. Warehouses. Educational institutions<\/span><\/i><span style=\"font-weight: 400;\">. You name it, and the 1 MW solar power plant can power it.\u00a0<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Here\u2019s why a 1 MW solar power plant is so distinctive:\u00a0<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Primarily Government-Backed for Large-Scale Use<\/b><span style=\"font-weight: 400;\">: These are usually installed by the government for commercial-scale consumers.\u00a0<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Industrial Installations Can Send Surplus Power to the DisCom<\/b><span style=\"font-weight: 400;\">: If installed by an industry, the produced solar power can be sold to the government at rates determined by the Central Electricity Regulatory Commission (CERC).\u00a0<\/span><\/li>\r\n<\/ul>\r\n<h3><b>How Does a 1 MW Solar Power Plant Work?<\/b><\/h3>\r\n<p><span style=\"font-weight: 400;\">A 1 MW solar power plant works the same way as solar systems of any other capacity would:<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>The solar modules trap the sunlight<\/b><span style=\"font-weight: 400;\">: Panels use sunlight to produce an electric charge in the form of DC (direct current) power<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>DC to AC Conversion<\/b><span style=\"font-weight: 400;\">: The DC power is then transferred to the solar inverter, which converts it to AC (alternating current)<\/span><\/li>\r\n<\/ul>\r\n<h2><span class=\"ez-toc-section\" id=\"1_MW_Solar_Power_Plant_Specifications\"><\/span><b>1 MW Solar Power Plant Specifications<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><span style=\"font-weight: 400;\">Here are the key specifications of a 1 MW solar power plant:<\/span><\/p>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td>\r\n<p><b>Aspect<\/b><\/p>\r\n<\/td>\r\n<td>\r\n<p><b>Details<\/b><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\r\n<p><b>1 MW solar power plant produces how many units?\u00a0<\/b><\/p>\r\n<\/td>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">*13,50,000 to 14,50,000 units of electricity yearly.<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\r\n<p><b>1 MW solar power plant area requirement<\/b><\/p>\r\n<\/td>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">1,00,000 square feet (2.3 acres)<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\r\n<p><b>Number of solar panels required to make a 1 MW solar power plant<\/b><\/p>\r\n<\/td>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">Assuming the project uses 580-watt TOPCon panels, ~1,725 solar panels will be needed.<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\r\n<p><b>Primary components of a 1 MW solar power plant<\/b><\/p>\r\n<\/td>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">Considering it\u2019s connected to the grid:<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Solar panels<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Solar inverter<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mounting structures<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Solar accessories\u00a0<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Battery Energy Storage System (BESS)<\/span><\/li>\r\n<\/ul>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<p><b><i>*Please note<\/i><\/b><span style=\"font-weight: 400;\">: A 1 KW solar system produces 1,350 to 1,450 units of electricity annually.\u00a0<\/span><\/p>\r\n<h3><b>1 MW Solar Power Plant Investment Models<\/b><\/h3>\r\n<p><span style=\"font-weight: 400;\">A 1 MW solar power plant for commercial use can be designed and customized according to the requirements. Notably, there are two models. Let us explore them both.<\/span><b><\/b><\/p>\r\n<ul>\r\n<li aria-level=\"1\"><b>CAPEX Model\u00a0<\/b><\/li>\r\n<\/ul>\r\n<p><span style=\"font-weight: 400;\">In the CAPEX model, you must bear all the capital expenditure. You will own this solar plant. Which means you\u2019ll generate your own electricity to fulfill the utility requirements. This model is most suitable when planning to install a solar system with a capacity of 100 kW or less.<\/span><b><\/b><\/p>\r\n<ul>\r\n<li aria-level=\"1\"><b>OPEX Model<\/b><\/li>\r\n<\/ul>\r\n<p><span style=\"font-weight: 400;\">In the OPEX model, you will only bear operation expenditure. Why? Because you do not own the plant in this model, the vendor does.\u00a0<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">You purchase solar electricity from the vendor. This remains very economical because the prices of solar power are relatively low compared to the prices of electricity from the grid. You can also buy this plant from the vendor later on.<\/span><b><\/b><\/p>\r\n<ul>\r\n<li aria-level=\"1\"><b>Leasing Model<\/b><\/li>\r\n<\/ul>\r\n<p><span style=\"font-weight: 400;\">This is the most preferred type of financing model. You don\u2019t buy the <\/span><a href=\"https:\/\/www.solarsquare.in\/blog\/solar-cell-power-plant\/\"><b>solar power plant<\/b><\/a><span style=\"font-weight: 400;\"> outright. A leasing company buys and owns the plant. You pay a fixed rent monthly or quarterly to use the electricity generated by the plant for a set number of years. At the end, you can usually:<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Buy the plant at fair market value<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Extend the lease at a lower rent<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Return it<\/span><\/li>\r\n<\/ul>\r\n<h2><span class=\"ez-toc-section\" id=\"1_MW_Solar_Power_Plant_Cost_and_Profit\"><\/span><b>1 MW Solar Power Plant Cost and Profit<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><span style=\"font-weight: 400;\">Multiple factors affect the final estimated 1 MW solar power plant cost in India. Before we take you through the component-wise cost breakdown, let\u2019s help you understand those factors:<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.solarsquare.in\/blog\/types-of-solar-panels\/\"><b>Type of solar panels<\/b><\/a><span style=\"font-weight: 400;\"> selected \u2013 <\/span><a href=\"https:\/\/www.solarsquare.in\/blog\/monocrystalline-solar-panel-india\/\"><b>monocrystalline<\/b><\/a> <span style=\"font-weight: 400;\">or Top-con panels\u00a0<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Manufacturing technology and efficiency of the solar inverter selected<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Solar panel brand opted<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Type of solar power plant \u2013 <\/span><a href=\"https:\/\/www.solarsquare.in\/pages\/on-grid-solar-system\"><b>on-grid<\/b><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.solarsquare.in\/pages\/off-grid-solar-system\"><b>off-grid<\/b><\/a><span style=\"font-weight: 400;\">, or <\/span><a href=\"https:\/\/www.solarsquare.in\/blog\/hybrid-solar-inverter\/\"><b>hybrid<\/b><\/a><b>\u00a0<\/b><\/li>\r\n<\/ul>\r\n<h3><b>1 MW Solar Power Plant Cost in India: Component Cost Breakdown<\/b><\/h3>\r\n<p><span style=\"font-weight: 400;\">The project cost for a 1 MW solar power plant in India isn\u2019t fixed. For clarity, here are the cost details for a 1 MW solar power plant in India:<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Solar panels + solar inverter cost<\/b><span style=\"font-weight: 400;\">: These components constitute 50-60% of the total project cost.<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Estimated total 1 MW solar power plant cost in India<\/b><span style=\"font-weight: 400;\">: ~ Rs. 3-4 crore\u00a0<\/span><\/li>\r\n<\/ul>\r\n<p><b><i>*Please note<\/i><\/b><span style=\"font-weight: 400;\">: The above-mentioned project cost for 1 MW solar power plant in India is not fixed. The final cost of setting up a 1 MW solar power plant in India can vary based on many factors, including (but not limited to) the type and efficiency of solar panels and inverter you choose, product variant opted for, <\/span><span style=\"font-weight: 400;\">mounting structure height, type of solar system, your city, type of after-sales service, savings guarantee, etc. Prices are subject to change.<\/span><\/p>\r\n<h3><b>1 MW Solar Power Plant Subsidy<\/b><\/h3>\r\n<p><span style=\"font-weight: 400;\">The most common subsidy scheme that the government provides for installing solar is the PM Surya Ghar Muft Bijli Yojana. However, this scheme is only for homeowners and housing societies.\u00a0<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">For a commercial solar plant of 1 MW capacity, <\/span><b><i>only individual farmers (or groups like FPOs, cooperatives, and panchayats) are eligible for direct financial subsidy (CFA) of the PM KUSUM Yojana under<\/i><\/b><span style=\"font-weight: 400;\">:<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Component B<\/b><span style=\"font-weight: 400;\">: Standalone solar pumps (off-grid)<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Component C (IPS)<\/b><span style=\"font-weight: 400;\">: Solarization of grid-connected pumps<\/span><\/li>\r\n<\/ul>\r\n<p><i><span style=\"font-weight: 400;\">Companies or industries cannot avail a direct subsidy benefit under PM KUSUM Yojana or <a href=\"https:\/\/www.solarsquare.in\/blog\/solar-panel-subsidy-in-india-under-pm-surya-ghar-muft-bijli-yojana\/\">PM Surya Ghar Muft Bijli Yojana<\/a><\/span><\/i><span style=\"font-weight: 400;\">. However, they can sell the electricity to the government and earn a profit. Wondering how much that profit would be? Let\u2019s take you through the 1 MW solar power plant profit and income details!<\/span><\/p>\r\n<h3><b>Income From 1 MW Solar Power Plant<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/h3>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td>\r\n<p><b><i>Did you know? <\/i><\/b><span style=\"font-weight: 400;\">The cost of installing a 1 MW solar power plant usually breaks even in 1.5 to 2 years in Maharashtra!<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<p><span style=\"font-weight: 400;\">If someone is investing ~ Rs. 3-4 crore in installing a 1 MW solar power plant, it\u2019s only natural they\u2019ll worry about whether or not the income from 1 MW solar power plant will break even the investment cost soon.\u00a0<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">To help ease your mind, we have an estimate of the 1 MW solar power plant profit you can expect.\u00a0<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">These are certain factors we considered while making the calculation tabulated below:<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The yearly power generation from 1 KW solar is 1,350-1,450 units<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The CERC-approved rates in Maharashtra are Rs. 2.82 per unit<\/span><\/li>\r\n<\/ul>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td>\r\n<p><b>Aspect<\/b><\/p>\r\n<\/td>\r\n<td>\r\n<p><b>Description<\/b><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">Yearly electricity units by a 1 MW solar system<\/span><\/p>\r\n<\/td>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">13,50,000 to 14,50,000\u00a0<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">Per unit amount the government pays in Maharashtra\u00a0<\/span><\/p>\r\n<\/td>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">Rs. 2.82 per unit<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">Income from 1 MW solar power plant in 1st year<\/span><\/p>\r\n<\/td>\r\n<td>\r\n<p><span style=\"font-weight: 400;\">~ Rs. 38,07,000* to ~ Rs. 40,89,000*<\/span><\/p>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<p><b><i>*Please note<\/i><\/b><span style=\"font-weight: 400;\">: The income and profit from a 1 MW solar power plant varies based on the CERC-approved charges in your city\/state, <\/span><span style=\"font-weight: 400;\">types of solar panels you\u2019ve installed and their efficiency, intensity of sunlight your plant receives, orientation of the panels and tilt angle, the pollution level and weather conditions in your city, the temperature, shadow on the panels, impact of dirt\/dust, and how well you maintain your panels after installation<\/span><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\r\n<h2><span class=\"ez-toc-section\" id=\"Types_of_a_1_MW_Solar_Power_Plant\"><\/span><b>Types of a 1 MW Solar Power Plant<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><span style=\"font-weight: 400;\">There are 3 major types of 1 MW solar power plants you can choose from.\u00a0<\/span><\/p>\r\n<h3><b>#1. Off-Grid Solar Power Plant<\/b><\/h3>\r\n<p><span style=\"font-weight: 400;\">An off-grid solar power plant is a battery-based solar power generation setup. The various components of this type of solar system are:\u00a0<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Solar panels (modules)<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mounting structures<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Batteries<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Solar charge controller<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Solar inverter<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Solar accessories<\/span><\/li>\r\n<\/ul>\r\n<p><span style=\"font-weight: 400;\">It&#8217;s an independent energy generation unit, as it\u2019s not connected to the grid.\u00a0\u00a0<\/span><\/p>\r\n<h3><b>#2. On-Grid Solar Power Plant<\/b><\/h3>\r\n<p><span style=\"font-weight: 400;\">An on-grid solar power plant is also called a grid-connected or grid-tied system. The electricity produced by the panels in an on-grid setup is converted into AC power that is used to run appliances.\u00a0<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Whenever there are extra units generated (more than what can be consumed), a bidirectional meter transfers those units to the grid.\u00a0<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">During the night, units are imported from the grid to keep the load running. <\/span><span style=\"font-weight: 400;\">This unit exchange is recorded by the bidirectional meter, which is later used to generate the solar bill.\u00a0<\/span><\/li>\r\n<\/ul>\r\n<p><span style=\"font-weight: 400;\">On-grid solar power plants are ideal for<\/span> <a href=\"https:\/\/solarsquare.in\/homes\"><b>residential installations<\/b><\/a><span style=\"font-weight: 400;\"> as well as commercial and industrial sectors.<\/span><\/p>\r\n<h3><b>#3. Hybrid Solar Power Plant<\/b><\/h3>\r\n<p><span style=\"font-weight: 400;\">A hybrid solar power plant has the features of both on-grid and off-grid systems: it\u2019s connected to the grid as well as to the batteries.<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Whenever there\u2019s a grid failure, the hybrid system uses the power from the batteries to keep the load running. That\u2019s one advantage over the on-grid system.<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The cost of batteries makes hybrid solar plants expensive.\u00a0<\/span><\/li>\r\n<\/ul>\r\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><b>Conclusion<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\r\n<p><span style=\"font-weight: 400;\">A 1 MW solar power plant that requires approximately 1,00,000 square feet (2.3 acres) area for installation and an investment of\u00a0 ~ Rs. 3-4 crore is a worthy investment because:<\/span><\/p>\r\n<ul>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The <\/span><b><i>cost breaks even in 1.5 to 2 years in Maharashtra <\/i><\/b><span style=\"font-weight: 400;\">at an XIRR (extended internal return rate) of 64%. The plant\u2019s life is 25 years.<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The <\/span><b><i>income from 1 MW solar power plant in the 1st year<\/i><\/b><span style=\"font-weight: 400;\"> itself can touch almost <\/span><b><i>~ Rs. 40,89,000* <\/i><\/b><span style=\"font-weight: 400;\">in Maharashtra.\u00a0<\/span><\/li>\r\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><i>Offsets 1,176,000 kgs of carbon in one year<\/i><\/b><span style=\"font-weight: 400;\">, safeguarding the environment.<\/span><\/li>\r\n<\/ul>\r\n<p><b><i>*Please note<\/i><\/b><span style=\"font-weight: 400;\">: The income from a 1 MW solar power plant varies based on the CERC-approved charges in your city\/state, <\/span><span style=\"font-weight: 400;\">types of solar panels you\u2019ve installed and their efficiency, intensity of sunlight your plant receives, orientation of the panels and tilt angle, the pollution level and weather conditions in your city, the temperature, shadow on the panels, impact of dirt\/dust, and how well you maintain your panels after installation<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">If you\u2019re looking to install <\/span><a href=\"https:\/\/www.solarsquare.in\/blog\/industrial-solar-panels\/\"><b>industrial solar panels<\/b><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSfZVv4a34_iUhZ79i_5QXFfUfxha3iRvkuTfXq9l5Qe1wCdbA\/viewform\"><b>submit a free solar project enquiry with SolarSquare today<\/b><\/a><span style=\"font-weight: 400;\">. <\/span><\/p>\r\n                <div id=\"solar-calc-blog-component\">\n                <section class='calculate-savings'>\n                    <div class=\"calc-header\">\n                        <h6 class=\"calc-title\">Calculate your savings<\/h6>\n                        <img decoding=\"async\" src=\"https:\/\/sse-website.s3.ap-south-1.amazonaws.com\/blog\/arrow_right.webp\" alt=\"arrow_icon\"\/>\n                    <\/div>\n                    <p class=\"calc-subtitle\">\n                        Forecast your savings with solar on your investment on the SolarSquare\u2019s plant\n                    <\/p>\n                <\/section>\n                <section class=\"solar-calc-form\">\n                    <form id=\"scalcPageFormComp\" class=\"scalc-form-submission\" novalidate=\"novalidate\" method=\"POST\" enctype=\"multipart\/form-data\">\n                        <div class=\"form-wrapper form-flex-box pincode-solar-calc\" style=\"padding-bottom:10px;\">\n                        <div class=\"pincode-form\">\n                            <label for=\"homes_pincode\" class=\"form-label-solar\">Pin code *<\/label>\n                            <input type=\"text\" class=\"form-input-solar\" id=\"homes_pincode\" name=\"pin\" aria-describedby=\"Pin code\" value=\"\" placeholder=\"Enter Pin Code\" \/>\n                            <!-- <small class=\"error-message-mobile text-danger d-none\">Please enter a valid pincode.<\/small> -->\n                            <div class=\"error-message-mobile invalid-pincode d-none\" style=\"font-size: 0.85rem;\">\n                                <img decoding=\"async\" src=\"http:\/\/sse-website.s3.ap-south-1.amazonaws.com\/blog\/error_outline.svg\" alt=\"Error outline\" style=\"padding: 0px;\"\/>\n                                <span class=\"error-pin-text\">Please enter a valid pincode.<\/span>\n                            <\/div>\n                            <div class=\"not-active-city d-none\">\n                                <img decoding=\"async\" src=\"https:\/\/sse-website.s3.ap-south-1.amazonaws.com\/blog\/Frame+1355873452.svg\" alt=\"City map\"\/>\n                                <div class=\"not-active-city-text\">\n                                    <div class=\"not-active-city-text-title\">Oh! We haven\u2019t reached your location yet<\/div>\n                                    <div class=\"not-active-city-text-subtitle\">We are not yet servicable at your location but we will soon!<\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                        <div class=\"city-form\" style=\"display: none;\">\n                            <label for=\"homes_city\" class=\"form-label-solar\">City<\/label>\n                            <input type=\"text\" class=\"form-input-solar\" id=\"homes_city\" name=\"city\" aria-describedby=\"City\" value=\"\" placeholder=\"Enter city name\">\n                        <\/div>\n                        <\/div>\n                        <div class=\"form-wrapper form-flex-box bill-solar-calc\" style=\"padding-bottom:58px;\">\n                            <div class=\"silder-form\">\n                                <div class=\"slider-tooltip\">\n                                    <label for=\"homes_bill_slider\" class=\"form-label-solar mb-1\">Avg electricity bill<\/label>\n                                    <img decoding=\"async\" id=\"tooltip-info\" src=\"https:\/\/sse-website.s3.ap-south-1.amazonaws.com\/blog\/info+(1).svg\" data-bs-toggle=\"tooltip\" data-bs-placement=\"top\" data-bs-html=\"true\" \n                                        title='Take a 12-month average of your electricity bills, combining all meters before averaging.' \n                                        data-bs-custom-class=\"tooltip-custom\" style=\"cursor: pointer;\" alt=\"Info Image\" \/>\n                                <\/div>\n                                <div class=\"slider-form-label\">\n                                    <span class=\"slider-form-label-text\">Min. 500<\/span>\n                                    <span class=\"slider-form-label-text\">Max \u20b910,000<\/span>\n                                <\/div>\n                                <input type=\"text\" hidden id=\"amount\" readonly=\"\" style=\"border:0; color:#f6931f; font-weight:bold;\">\n                                <div id=\"slider-meow\" style=\"background-color: white;\">\n                                    <div id=\"custom-handle\" class=\"ui-slider-handle\">\n                                        <span class=\"slider-value-box\"><\/span>\n                                    <\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                        <button type=\"submit\" disabled id=\"calculate-now-calc\" class=\"btn btn-primary btn-lg signup-electricity\" style=\"width: max-content;\" role=\"button\" aria-pressed=\"true\">\n                            Calculate now\n                        <\/button>\n                    <\/form>\n                <\/section>\n            <\/div>\n    \r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><b>Q1. How much electricity does a 1 MW solar plant produce?<\/b><\/p><p>Ans. A 1 kW solar power plant produces 1,350 to 1,450 units of electricity annually.   Therefore, a 1 MW solar power plant (1,000 kW) will produce 13,50,000 to 14,50,000 units of electricity annually. <\/p><p><b>Q2. What is the cost of building a MW solar power plant?<\/b><\/p><p>Ans. The project cost for 1 MW solar power plant in India ~ Rs. 3-4 crore, with solar panels and solar inverter, together, being the most expensive components.   *Please note: The above-mentioned project cost for 1 MW solar power plant in India is not fixed. The final cost of setting up a 1 MW solar power plant in India can vary based on many factors, including (but not limited to) the type and efficiency of solar panels and inverter you choose, product variant opted for, mounting structure height, type of solar system, your city, type of after-sales service, savings guarantee, etc. Prices are subject to change.<\/p><p><b>Q3. How many solar panels are in 1 MW?<\/b><\/p><p>Ans. Here\u2019s the simple formula you can use to calculate the number of solar panels needed:  Power plant capacity in watts divided by module capacity in watts   Now suppose, you use 580-watt Topcon solar panels to build your 1 MW power plant (10,00,000 watts); then, you\u2019ll need the following number of panels:  10,00,000 \/ 580 = 1,724.137 = 1,725 solar panels<\/p><p><b>Q4. How much subsidy is given on 1 MW solar power plant?<\/b><\/p><p>Ans. Only individual farmers (or groups like FPOs, cooperatives, panchayats) are eligible for direct financial subsidy (CFA) of the PM KUSUM Yojana under: Component B: Standalone solar pumps (off-grid) Component C (IPS): Solarization of grid-connected pumps If you are a company or an industry, you cannot avail a direct subsidy benefit under PM KUSUM Yojana or PM Surya Ghar Muft Bijli Yojana.<\/p>","protected":false},"excerpt":{"rendered":"<p>Do you want to gain significant insights into the 1 MW solar power plant established in...","protected":false},"author":3,"featured_media":3646,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,3],"tags":[],"class_list":["post-5975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial","category-general"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>1 MW Solar Power Plant in India in 2026: Cost, Specifications, Profit<\/title>\n<meta name=\"description\" content=\"A 1 MW solar power plant requires almost 1,00,000 square feet of area and an investment of Rs. 3-4 crores without BESS and 4-5 crores with a battery system for installation. 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