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Discover the government scheme for solar panel installation and unlock its benefits. Learn about the eligibility criteria and incentives provided by the government to promote solar energy adoption. Take advantage of this scheme to install solar panels and contribute to a sustainable future while enjoying cost savings on your energy bills.<br>http://solargreennature.com/installation-of-industrial-solar-panel-systems/<br>
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Company Specializing in Solar Installations in India VMMPL (Versatile Mega Mart P Ltd) specializes in the installation of industrial solar panel systems. Our team of experts has extensive experience in designing, installing, and maintaining industrial solar panel systems of all sizes, and we are committed to helping our clients harness the power of the sun to meet their energy needs.
India is a rapidly growing nation and its industries are expanding at an unprecedented rate. One major concern among businesses is the cost of electricity bills, which can be quite substantial. To mitigate this, industries in India are turning to solar energy solutions, with many sectors, such as textile, chemical, ceramic, dairy, paper, cement, and steel, opting for industrial solar power systems to reduce their electricity expenses. According to data from December 2018, 40% of all industrial rooftop solar installations in India were for industrial establishments.
Electricity consumption in India is primarily divided into three categories: commercial, industrial, and domestic. A significant 44.2% of all electricity generated in the country is used by the industrial sector, making it one of the largest consumers of electricity. In some parts of India, the tariff for industrial electricity during peak hours can be as high as INR 10 per unit. Installing industrial solar panels can reduce peak grid loading and lower high tariff rates for peak hours.
Given that space is not typically a constraint for rooftop solar installations in industries, it makes for a viable option for businesses with high electricity needs. Companies that install industrial solar power systems also benefit from tax incentives, such as depreciation and capital subsidies, among others. In certain regions, a certain percentage of the total sanctioned electricity load must be generated from solar systems. As a result, solar developers are constructing solar parks across India, making it one of the fastest-growing segments in the country.
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