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How solar module customers are being looted in india both non DCR and DCR

882°
Finance Mentor
drupal

NON-DCR Solar module ( imported solar module)

Mono perc half cut bifacial 

Solar module Import price 8.45 per watt

8.45x540watt = Rs.4563 Rupees

Imported 540 watt NON-DCR monoperc half cut solar module price Rs. 4563 before levy of custom duty and GST


Government Custom duty 40% 

imported solar module price after custom duty 14.08 per watt

14.08x540 watt = Rs.7603

12% GST on solar modules for sale in india

Per solar module price 16 per watt

16x540 watt = 8515 rupees


Imported 540 watt NON-DCR monoperc half cut solar module price Rs. 8515 onwards

>>>>>>>>>>>>>>



Domestic or DCR solar module price

34 Rupees per watt including GST 

34x540 watt = 18360 Rupees

540 watt DCR modules cost 18360 Rupees


If you buy DCR modules from government impannelled vendors they take 40-42 Rupees per watt


Major DCR modules manufacturers 

Adani Solar 
Waaree
Goldi Solar
Renesys
Tata Power Solar
Vikram Solar
Jakson Group
Loom Solar
Insolation Energy
Premier Energy
Ascent Solar
Canadian Solar
GreenSun Energy
JA Solar
Saatvik Green Energy etc 


If we talk about non-dcr modules they are still cheaper after levy of 52% extra in form of custom duty and GST

If we talk about performance there is no different between DCR and NON-DCR but price difference is tooo much


DCR is only used to claim government subsidy and most of the subsidy amount is being eaten by DCR solar manufacturers and empanelled vendors 

End results customer is fleeced no escape 


Top Comments
Benevolent Benevolent
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MISINFORMATION & FAKE NEWS!! Nobody is being looted at all.

DCR panels are those solar panels or modules wherein the solar cell and solar module are manufactured in India.While in Non-DCR panels the solar cell and solar module are not designed and manufactured in India.

If you require govt subsidy – Install DCR ( Domestic Content Requirement ) panels aka panels from Indian manufacturers that belong to Approved List of Models & Manufacturers (ALMM).

If you don’t require govt subsidy - Install non-DCR.It’s as simple as that.

DCR policy helps to boost the manufacturing sector, create jobs, promote the ‘Make in India’ initiative, reduce our dependence on solar parts from other countries & to make it cost-competitive in the global market.Waree ,Vikram Solar, Renewsys Solar are the leading players.Currently there are 82 enlisted manufacturers in the ALMM list,Adani & Tata are part of that list but when someone has to run certain propaganda he/she resorts to cherry picking shamelessly tsk tsk tsk 😜😆

35675376


Here is the approved List of Models & Manufacturers (ALMM)

https://cdnbbsr.s3waas.gov.in/s3716e1b8c6cd17b7...

As India is challenging China's dominance in PV manufacturing,some people having vested interests obviously won't want that to happen.Solar power gonna help decrease our dependency on fossil fuels it also holds the key to India’s emergence as a significant industrial power.💪🏼

6758768578

Deal Cadet Deal Cadet
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@Gulag-Survivor

no one is getting looted? really?

40% custom duty, 30% min income tax with added bonus of 12% gst.

Even with subsidies prices are not competitive with what china has to offer. In the end we end up paying wayyy more. It does not matter much to end consumer whether panels are getting manufactured in china or by adani. CUSTOMERS ARE PAYING FOR HUGE SUBSIDIES THAT COMPANIES ARE GETTING UNDER ALMM. (These companies are then making fat profits, gross margin 25-30%)

The price crashed only after CHINA pumped billions into this sector to show the world what can be done and to make the prices damn competitive. 

Just like India bought large quantities of crude during price crash back in 2020, we should do the same now. Utilize the price crash to our advantage instead of penalizing, ramp up solar plants.

When the same item is avl for 1/3 the price why will you pay more?

Finance Mentor Finance Mentor
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@drupal bhai China China maat karo, China is a communist country, govt heavily subsidy dete hai, ab woh sahi kar rahe hai ya galat koi ques karne wale nahi hai aur jo karenge usko uthwa lega communist party of china (CPC).

Rahi baat India ki toh R&D me kharche hote hai, companies ko long term ka sochna parta hai like agar koi pandemic he aa gaya toh next 3 to 5 years k liye sochna parta hai, 

China apne GDP ka approx 3 times debt utha liya hai, Democracy me like India me debt ko ek galat nazar se dekha jata hai. Jo ki kuch chizo me sahi bhi hai.

China se compare nahi kar sakte hai.

India me govt k kuch rules hote hai like Adani jaise big companies agar saste me sell karne lage toh koi choti new solar company us price me de nahi payega jisse competition khatam ho jayega.

Halaki ab tum bahot se isme flaws nikal sakte ho aur mai yeh nahi bolunga ki tum galat ho usme. 100% sahi honge. 😀

Par China jaise communist country k sath koi comparison nahi ho sakta hai India jaisi democracy ka.

Now last me yeh batao ki India me solar panel k cost every year kam ho rahe hai ya nahi ?

Agar price every year kam ho rahe hai toh koi dikkat nahi hai democracy me aisa he hota hai. next 1 decades me shayad solar price k price bahot he akm ho jayega. Tum he bata sakte ho, kitna kam hoga, itna research jo kar rahe ho.

Finance Mentor Finance Mentor
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agaya baat baat pe jhoot bolne wala Banda

Tumhare anmol ratan jhoot idbi ka mobile number er change kar sakte hai ATM se? joy UPI se apply karne par ipo allotment hota hai joy Har baat hawa hawa jo.munh men aye bol do Bhai tu fake I'd se wallet banane ki trick post kar wahi theek rahega yaha china wina ki baat nahi horahi yaha India ki baat ho Rahi hai ki lut to hum rahe hai, 

Aur yaha politics mat khelo democracy autocracy dictatorism communist sanghinist ki hume us se koi matlab nahi we are not blind


Kaun solar panels communist Hindu ya musalman ya Sikh hota ha 

Solar module Solar module hota ha that's it

Chahe wo Taiwan men Bane china mein Bane ya India men bane

 You please post some trick here and ask dimers to exploit it then  go to twitter and tag useless team of @SBICARD useless team of idfc useless team Axis Bank and send your trick thread to them must do it before you sleep 

so please don't waste time here go and loot sme other wallets loot credit card rewards points exploit bank systems do forgery, forgekyc documents declare your self father and son both to get cashback, use woman specific cashback app by faking and forging gender (you always post about it) and encourage others to do so fake your fake knowledge about ISRO go give gyan to ISRO 

ye PnS section nahi hai apni politics apni jeb men rakho

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Investor Guru Investor Guru
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Ek question. Off topic. Aap AC me kitna ampere kaa n kis type kaa MCB use karte hain?

Finance Mentor Finance Mentor
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Sorry not installed separate MCB for ac,since MCB is already installed for whole room outside I use normal switch

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Benevolent Benevolent
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so hamara hi kat raha hey

Finance Mentor Finance Mentor
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Yes 

Budding Star Budding Star
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You mean to say, if someone buy non DCR(domestic content required) i.e. not made in India solar panels.

He or she still will be at gain side even if no subsidy will be received.

Imported panels are cheaper and best alternative.

Finance Mentor Finance Mentor
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Yes bro pretty obvious 

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Pro Tech Guru Pro Tech Guru
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Lets import and start the business

"Paisa hi paisa hoga"

Finance Mentor Finance Mentor
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You will import and government will earn 40% profit instantly you will sell again government will earn 12% so total more than 52% will go into government's pocket

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Heart of Gold Heart of Gold
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@ricthedem369431 kya hai ye loot loot har jagah alert mil Raha hai joy

Benevolent Benevolent
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Loot nahin bhai paranoia alert mil raha hai 😆
Deal Cadet Deal Cadet
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wht is the nest price dcr after subsidy 2) this 16 rs price is price just for raw material in a way if yoy want fitting and stuff i guess it will be 20+ ?
Finance Mentor Finance Mentor
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Not raw material it is price of single solar module 

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Deal Hunter Deal Hunter
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Very informative thread

1. What are some good non-DCR brands?

2. Also can you tell average estimated cost for 2KW and 3KW solar system?

3. Also which is better ongrid or off-grid? 

4. Should one consider PM Surya Ghar Yojna or not? Its not clear if that scheme has any income eligibility or not.

5. Also I checked amazon & waree website that their waree 540w mono perc half cut bifacial panel online cost is around 12.5k. 

& waree DCR 540w mono perc half cut bifacial panel cost is around 18.3k as you said.

So they are selling DCR & non-DCR both?

I found online that only waree & some few brands provide this all latest techs like mono perc half cut bifacial in their panels. 

TIA 🙏🏻🌻


Finance Mentor Finance Mentor
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Both type of solar modules being sold by solar companies like adani waree Jackson loom etc

PM Surya Ghar Yojana is beneficial in states like Uttar Pradesh where state government also provides subsidy, hence total state+center subsidy is 90000 on 2kwh plant

2kwh ongrid system with all components and installation should not cost more than 110,000 with latest topcon DCR modules but no reputed impanelled vendor will provide it below 140,000 they are eating significant amount of subsidy benefit and government is mute spectator and no control over pricings

Note some new impanelled vendors quote less prices but you can't risk your money with them as they installed only few plants eg: 2-4  only reputed vendors with high number of installation are preferable 

Online solar module prices are higher due to transportation charges involved website maintenance / high commission on eCommerce websites Amazon risk of return risk of damage etc, they know very well that no sound person will buy DCR panels online as it is only beneficial if bought from impanelled vendors hence not included these  extra charges in the cost

For frequent power cut areas off-grid is best and for no power cut areas on-grid is best

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Deal Cadet Deal Cadet
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How to purchase  imported  Non-DCR Solar modules? Which brands to look out for?

Finance Mentor Finance Mentor
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You buy adani,Jackson, goldee,waree etc

Critic Critic
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Ghar Ghar Solar

Helpful Helpful
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This is why Waaree stock price has jumped multifold ever since India imposed huge duties on import of panels.

Finance Mentor Finance Mentor
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To loot further and jack up prices govt planning to ban solar import again matlab more problems ahead for customers only local thugs will fill their pockets 

Benevolent Benevolent
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MISINFORMATION & FAKE NEWS!! Nobody is being looted at all.

DCR panels are those solar panels or modules wherein the solar cell and solar module are manufactured in India.While in Non-DCR panels the solar cell and solar module are not designed and manufactured in India.

If you require govt subsidy – Install DCR ( Domestic Content Requirement ) panels aka panels from Indian manufacturers that belong to Approved List of Models & Manufacturers (ALMM).

If you don’t require govt subsidy - Install non-DCR.It’s as simple as that.

DCR policy helps to boost the manufacturing sector, create jobs, promote the ‘Make in India’ initiative, reduce our dependence on solar parts from other countries & to make it cost-competitive in the global market.Waree ,Vikram Solar, Renewsys Solar are the leading players.Currently there are 82 enlisted manufacturers in the ALMM list,Adani & Tata are part of that list but when someone has to run certain propaganda he/she resorts to cherry picking shamelessly tsk tsk tsk 😜😆

35675376


Here is the approved List of Models & Manufacturers (ALMM)

https://cdnbbsr.s3waas.gov.in/s3716e1b8c6cd17b7...

As India is challenging China's dominance in PV manufacturing,some people having vested interests obviously won't want that to happen.Solar power gonna help decrease our dependency on fossil fuels it also holds the key to India’s emergence as a significant industrial power.💪🏼

6758768578

Vanguard Vanguard
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It's better not to buy solar now ...everywhere they are sitting to just loot us somehow...state electricity board is best sweat_smile

Deal Cadet Deal Cadet
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@Gulag-Survivor

no one is getting looted? really?

40% custom duty, 30% min income tax with added bonus of 12% gst.

Even with subsidies prices are not competitive with what china has to offer. In the end we end up paying wayyy more. It does not matter much to end consumer whether panels are getting manufactured in china or by adani. CUSTOMERS ARE PAYING FOR HUGE SUBSIDIES THAT COMPANIES ARE GETTING UNDER ALMM. (These companies are then making fat profits, gross margin 25-30%)

The price crashed only after CHINA pumped billions into this sector to show the world what can be done and to make the prices damn competitive. 

Just like India bought large quantities of crude during price crash back in 2020, we should do the same now. Utilize the price crash to our advantage instead of penalizing, ramp up solar plants.

When the same item is avl for 1/3 the price why will you pay more?

Finance Mentor Finance Mentor
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No big commercial setup can use these so called Indian panels due to their high cost they are only fed in the name of subsidy

Finance Mentor Finance Mentor
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China exports a 540w mono perc halfcut cut solar module to india at 4563 Rupees still makes profits 

Indian companies manufacture same 540 watt solar module in india and sell in india at  18360 to 22000 rupees and they still need support 🤦🏽‍♂️

Finance Ninja Finance Ninja
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China shift hojao bhai
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Helpful Helpful
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From where I can get non dcr solar module?

Finance Mentor Finance Mentor
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You can buy from any big stock solar dealer easily available at around 9000 rupees per piece 

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Finance Mentor Finance Mentor
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@srp321 yes both state and center subsidies applicable it's possible don't be confused 

Look at official subsidy chart of UPNEDA

Screenshot20240403-2138093

For 1kwh 45000 subsidy

For 2kwh 90000 subsidy 

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Deal Cadet Deal Cadet
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Similarly

Indians are being looted in the name of petrol/diesel by hiking up the price by 50% or more.(Duties, taxes, vat all included). So better shift to arab countries.

////////////////////////////////////////////////////////

Incentives are provided by govt to develop an industry in the country. Government doesn't fund the capital for these industries but aid in the name of subsidies.

I wish the govt had billed every Indian for the corona vaccine back then. 

Deal Cadet Deal Cadet
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it would hardly be 1000-2000 per dosage. So not much.

But we end up paying way more per month for additional 30-35% tax/vat on petrol/diesel. Not only its directly taxed but this price also gets added to every single item we end up buying.

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Finance Mentor Finance Mentor
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@drupal bhai China China maat karo, China is a communist country, govt heavily subsidy dete hai, ab woh sahi kar rahe hai ya galat koi ques karne wale nahi hai aur jo karenge usko uthwa lega communist party of china (CPC).

Rahi baat India ki toh R&D me kharche hote hai, companies ko long term ka sochna parta hai like agar koi pandemic he aa gaya toh next 3 to 5 years k liye sochna parta hai, 

China apne GDP ka approx 3 times debt utha liya hai, Democracy me like India me debt ko ek galat nazar se dekha jata hai. Jo ki kuch chizo me sahi bhi hai.

China se compare nahi kar sakte hai.

India me govt k kuch rules hote hai like Adani jaise big companies agar saste me sell karne lage toh koi choti new solar company us price me de nahi payega jisse competition khatam ho jayega.

Halaki ab tum bahot se isme flaws nikal sakte ho aur mai yeh nahi bolunga ki tum galat ho usme. 100% sahi honge. 😀

Par China jaise communist country k sath koi comparison nahi ho sakta hai India jaisi democracy ka.

Now last me yeh batao ki India me solar panel k cost every year kam ho rahe hai ya nahi ?

Agar price every year kam ho rahe hai toh koi dikkat nahi hai democracy me aisa he hota hai. next 1 decades me shayad solar price k price bahot he akm ho jayega. Tum he bata sakte ho, kitna kam hoga, itna research jo kar rahe ho.

Finance Mentor Finance Mentor
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agaya baat baat pe jhoot bolne wala Banda

Tumhare anmol ratan jhoot idbi ka mobile number er change kar sakte hai ATM se? joy UPI se apply karne par ipo allotment hota hai joy Har baat hawa hawa jo.munh men aye bol do Bhai tu fake I'd se wallet banane ki trick post kar wahi theek rahega yaha china wina ki baat nahi horahi yaha India ki baat ho Rahi hai ki lut to hum rahe hai, 

Aur yaha politics mat khelo democracy autocracy dictatorism communist sanghinist ki hume us se koi matlab nahi we are not blind


Kaun solar panels communist Hindu ya musalman ya Sikh hota ha 

Solar module Solar module hota ha that's it

Chahe wo Taiwan men Bane china mein Bane ya India men bane

 You please post some trick here and ask dimers to exploit it then  go to twitter and tag useless team of @SBICARD useless team of idfc useless team Axis Bank and send your trick thread to them must do it before you sleep 

so please don't waste time here go and loot sme other wallets loot credit card rewards points exploit bank systems do forgery, forgekyc documents declare your self father and son both to get cashback, use woman specific cashback app by faking and forging gender (you always post about it) and encourage others to do so fake your fake knowledge about ISRO go give gyan to ISRO 

ye PnS section nahi hai apni politics apni jeb men rakho

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Deal Newbie Deal Newbie
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umm bro, I got DCR solar panels 5.45KW at 2.8L with subsidy.

2.8L-85k (3 phase MPPT inverter with battery support) = 1.95L

1.95L-30k (solar grid construction, wiring, fuses, earthing distrb box, labour etc; ~5500/KW)= 1.65L

1.65L-20k (EB sanction, transfer, installation, bribe etc)= 1.45L

I got 10 Premier panels Mono Perc (Half Cut) of 545W each.

So 1.45L/10= rs14500/panel

Waaree sells same panel non dcr at 13k without shipping.

For a difference of a few grand, you get the vendor taking care of everything, and not doing it yourself.

Logistics is a huge cost (esepcially for bulky fragile objects like solar module) which is overlooked. Imagine lifting the panels at your house without an elevator.

Experienced technical people look into installing all required technical stuff as it is difficult to source all of them yourself.

Plus they give written panel, performance, and service warranties.

Point is to negotitate with your vendor and do your financial due diligence as per your requirement.

Finance Mentor Finance Mentor
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Non DCR panels available at approx 9000 locally don't check online they keep high price online due to in transit damage risk.shipping charge also included as they don't charge extra for 2panells 60 kg shipping weight 

Which 5kwh inverter at 85k? Which vendor?

How much subsidy you got what is net price after subsidy 


Finance Mentor Finance Mentor
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Why domestic solar panel costly must watch what needs to be done 

Deal Cadet Deal Cadet
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Not saying your calculations are wrong but that’s the main feature of import duty and subsidy. 
The point of import duty is to encourage domestic production to increase self sustainability. Customers do initially pay higher amount but in the long run are saved from heavy reliance on imports. Plus good for the economy. 

Deal Cadet Deal Cadet
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India is country where even tier 1 cities don't have access to 24x7 power. In such a country the retarded government is imposing 40% customs duty on solar panels and now from April 1st ALMM approved panels are mandatory for all projects, including those without subsidy.

There is a reason why China is a rich country and we are a dirt poor country, it will likely always remain for the next century. 

Finance Mentor Finance Mentor
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Means no ALMM no netmeter??? It will further increase prices and make it out of reach of masses

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Helpful Helpful
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In every post some people come with their hate in one way or other. 😃

Helpful Helpful
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Out of topic question:

How much does the ESCOM pay for per unit of excess electricity generated in net metering? 

Blaze Blaze
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Mostly 2rs per unit

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Deal Newbie Deal Newbie
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what about Net metering . is it allowed with non dcr panels?

Deal Cadet Deal Cadet
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I need 1 Non DCR panel for my inverter, anyone have any idea from where i get it in Lucknow?

Deal Newbie Deal Newbie
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Recently contacted Kamptee Nagpur Waaree Official Dealer :

Got these prices for DCR Setup 3.3kw - Single Phase :

  • BiFacial Mono Perc 550w : Rs 98000 (Around Rs 33000/1kw)
  • Growatt Inverter 3.3kw : Rs 17000 (Waaree inverter will cost 5-6k extra)
  • AC Cable (2.5sqmm - 20m) ; Lightning Arrestor ; DC Cable (4sqmm - 20m red, 20m black) ; MC-4 connector ; M-F DC Cable connector (4 No) ; ACDB & DCDB : Rs 10000 (All Waaree)
  • Earthing Wire (80 Metres) : Rs 10000
  • GI Stand & Installation with civil work will cost between Rs 20000 to Rs 40000 (Depending on low rise, mid rise or high rise structure)
  • Net Meter & Discom Costs  : Rs 10000

Total : Rs 165000 to Rs 185000 (Entire package)

Moral : Don't go for Local vendors. They are offering Rs 1.8L for 3.3kw setup, will charge discom & net metering charges extra & will complete your project in Rs 1.9 Lacs with local materials to cut cost. You can save Rs 20000 even if you bought panels on your own!

  • Subsidy Details (Below 1.5L Group) :

Project Completion Cost : Rs 1.7 Lac (3.3kw)

Subsidy for Low Income Group : Rs 78000

Total Project Cost : Rs 92000

  • Subsidy Details (Normal) :

Project Completion Cost : Rs 1.7 Lac (3.3kw)

Subsidy for Normal Group : Rs 56000

Total Project Cost : 1.14 Lac


Deal Newbie Deal Newbie
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Non-DCR Setup 3.3KW - Single Phase :


  • BiFacial Mono Perc 550w : Rs 60000 (Including Transportation ; Rs 20/watt)
  • Growatt Inverter 3.3kw : Rs 17000 (Waaree inverter will cost 5-6k extra)
  • AC Cable (2.5sqmm - 20m) ; Lightning Arrestor ; DC Cable (4sqmm - 20m red, 20m black) ; MC-4 connector ; M-F DC Cable connector (4 No) ; ACDB & DCDB : Rs 10000 (All Waaree)
  • Earthing Wire (80 Metres) : Rs 10000
  • GI Stand & Installation with civil work will cost between Rs 20000 to Rs 40000 (Depending on low rise, mid rise or high rise structure)
  • Net Meter & Discom Costs : 7000 (Including Load change)

Total : Rs 124000 to 144000 (Entire package)


Moral : You can lower Non-DCR project rate if you avoid NetMeter or go with DIY GI Stand, etc. Go with Non-DCR project if you are going above 3.3KW. But if you are getting subsidy of around 78k, then go with DCR setup. All the calculations are listed! Compare & judge yourself!

Finance Mentor Finance Mentor
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May solar impanelled installers are installing at 155000 to 150,000 what would be profit btw 

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