Paper Title
Feasibility and Techno-Economic Analysis of Opex Based Solar PV Models In India

Abstract - Solar energy systems can save us up to 100% on our electricity bills, depending on the size and capacity of the system. Every year, utility rates climb and will continue to rise. Solar energy protects us from the rising cost of electricity. Due to a lack of understanding, low efficiency, and high component prices, installing solar photovoltaic systems was expensive until recently. The Central Government promotes solar energyby extending grants and subsidies and faster depreciation in tax rates. The main goal of this paper is to present a model for financial analysis of a 100 kWpBOOT(Build Own Operate and Transfer) model-based Grid-tied Rooftop and Carport Solar Photovoltaic System in the C&I segment, which will provide uninterrupted power through solar energy during the day hours for existing electrical appliances such as indoor lights, corridor lights, fans, EMS, computers, printers, and others, while also reducing carbon emissions in the industrial sector. It also contributes to the brand's value by generating positive public perception, which benefits the company. Solar energy can also be used as a marketing or public relations (PR) strategy to elicit a favorable response from clients. This paper explores Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period, accelerated depreciation, net tax payable, net cash inflow, and equity turnaround. The elements are computed for the financial analysis of the proposed 100 kWp system. Using the model, cumulative savings over the project life of the system have also been calculated. The feasibility model has been presented in the paper through MATLAB-based simulations. Keywords - BOOT, NPV, IRR, MATLAB