India Solar Databook
REFERENCE DATASET

Installed Cost Benchmarks by Segment

Indicative turnkey installed costs per kW across market segments, before subsidy. Published so buyers can tell a competitive quote from an outlier in either direction — quotes far below these bands usually indicate specification cuts rather than efficiency.

Last updated: July 2026 · 5 rows · Free to use with attribution

Residential 1–3 kW₹55,000–75,000Yes3–5 yrSmallest systems carry the highest per-kW cost. Subsidy materially reduces net outlay.
Residential 3–10 kW₹50,000–65,000Yes3–5 yrSubsidy capped at ₹78,000 regardless of size above 3 kW.
Housing society 10–100 kW₹42,000–55,000Yes3.5–5 yrCommon-area CFA of ₹18,000/kW may apply up to 500 kW.
Commercial 100 kW–1 MW₹38,000–48,000n/a3–4.5 yrNo capital subsidy; accelerated depreciation improves post-tax returns.
Ground mount above 1 MW₹32,000–42,000n/a4–6 yrLand, evacuation, and civil works shift the economics versus rooftop.

Sources

  • Indicative market observation across Indian EPC quotations and published industry cost reporting.

How to Read This Data

  • These are indicative market ranges, not surveyed statistics — treat them as a sanity band, not a benchmark price.
  • Costs vary with module technology, structure specification, roof complexity, site access, and order size.
  • A quote 30–40% below the applicable band usually reflects thinner structure steel, undersized cable, or missing protection equipment. Compare bills of materials line by line.
  • Payback ranges assume prevailing commercial and residential tariffs and are before financing costs.

Other Datasets