Paper Title
Economic Viability Study of a Solar Agriculture Farm in Agra, India: A Case Study

This economic study focuses on the 209kWp solar agriculture farm in Dayalbagh Educational Institute in Agra, India. It assesses the economic viability of the sustainable approach named as agrovoltaic (solar agriculture farm or APV ) by analysing the economic indicators pertinent to agriculture, which are gross margin, farm profit, and benefit cost ratio, as well as the economic indicators pertinent to solar power generation such as NPV(net present value), PB(payback period), and LCOE (levelized cost of electricity). With a benefit cost ratio of 1.505, farm profit and gross margin both showed positive values of 316097 INR and 166907 INR, respectively. The economic parameters relevant to the Solar Power Plant are examined in two situations. Case A assumes that the performance of the solar power farm will remain constant over the course of operation, while Case B assumes that there will be an annual performance decline of 0.5% and an annual rate of interest of 10% for both scenarios. Considering the Solar power Plant revenue exclusively for both examples, Case A's NPV and PB came to 4191550.984INR, 6.23 years respectively and LCOE 3.34INR/KWh while Case B's NPV and PB came to 3694179.645INR, 7.21 years respectively, and LCOE of 3.5INR/kWh.. Considering agricultural revenue also, the NPV increases to 8272000.166 INR in case A and 7774631.543 INR in case B. The PB is also dropped to 4.90 years in case A and 5.31 years in case B, and LCOE is dropped to 1.058 INR/kWh in case A and 1.11 INR/kWh in case B. Keywords - Sustainable, Solar, Agriculture, Agrovoltaic, Economic