Niir Project Consultancy Services (NPCS) through its network of project consultants in a wide range of business and technological disciplines is engaged in providing services to its clients by way of preparation of project reports. We provide the pre-investment information and business plans required for promoters, business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident India), startups, professionals looking to start their own venture. The comprehensive project profile reports cover all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. the scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, break-even point, rate of return (ROR), etc. the DPR is formulated by highly accomplished and experienced consultants and the market research and analysis are supported by a panel of experts and digitized data bank.

Start a Production Unit of Solar Photovoltaic (PV) Cell Solar Power in India is a Fast Developing Industry

Capacity 0 Plant and Machinery cost 0.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 0.00 %
Break Even Point (BEP) 0.00 % TCI 0.00 Lakhs
Cost of Project 0.00Lakhs




A photovoltaic (PV) cell, also known as a solar cell, is a device that allows light to be reflected, absorbed, or passed directly through it. The PV cell is made of semiconductor material, which conducts electricity better than an insulator but not as well as a strong conductor such as a metal. PV cells are made up of a variety of semiconductor materials. The efficiency of a PV cell is simply the amount of electrical power generated by the cell in comparison to the energy emitted by the light shining on it, indicating how efficient the cell is at transferring energy from one type to another.


Related Project: Solar Cell - Manufacturing Plant, Detailed Project Report


A photovoltaic (PV) cell is an energy harvesting technology that uses the photovoltaic effect to transform solar energy into usable electricity. PV cells come in a variety of shapes and sizes, but they all depend on semiconductors to communicate with photons from the Sun to produce an electric current. Solar photovoltaic (PV) cells produce electricity by absorbing sunlight and converting it into an electrical current. A single solar panel contains several PV cells, and the current produced by all of the cells combined is called the total current.


Uses of Solar Photovoltaic Cell:


Solar or PV cells are lightweight, long-lasting, and low-maintenance. Its first use was in communication satellites, and it has since been used in a variety of solar cell applications for various purposes:

1.   Transportation with Solar Cells: Solar energy is used in automobiles. Photovoltaic cells generate this solar energy. This energy is either stored in a battery or used to fuel a motor.

2.   Photovoltaic Cells in Calculators: Photovoltaic cells are used in solar-powered calculators. Solar energy is used in these calculators. The sun's light provides the necessary energy for calculators to work. Solar calculators perform admirably in bright sunlight.


Related Videos: Renewable Energy Sector, Green Power, Solar Energy, Biofuel, Hydroelectric, Wind, Non-conventional Energy, New and Renewable Energy


3.   Solar Cell Panels: These panels are used as a solar heater to heat water. This water is suitable for bathing. It can also be used to generate electricity. People can store this energy in a backup battery and use it in the event of a power outage. People can also store this energy and use it to produce electricity in their homes, lowering their electricity bills and saving money.

4.   Benefits of Solar Cells: Solar energy is a clean source of energy. It saves money by lowering the energy bill. Maintenance is easy and inexpensive, so the overall cost of ownership is minimal. It is one of the best non-renewable energy alternatives.


Manufacturing Process:


To produce solar cells, the raw materials—silicon dioxide from quartzite grit or crushed quartz—are first heated in an electric arc furnace, where the oxygen is released by a carbon arc. Carbon dioxide and molten silicon are the end products. The silicon is still not clean enough to be used in solar or photovoltaic cells and needs to be purified further.




A solar cell's most basic component is pure silicon, which is not pure in its natural state. Other semiconductor products and solar cells use some of the same processing and manufacturing techniques. Solar cells, on the other hand, are exempt from the stringent criteria for cleanliness and quality control that apply to semiconductor fabrication, reducing costs.


Market Outlook:


Solar photovoltaic (PV) installed capacity is projected to rise at a compound annual growth rate (CAGR) of more than 8.5 percent, reaching nearly 4.4 GW by 2026, up from 2.7 GW in 2019. The declining cost of solar PV and associated systems is a major driver of the global solar PV industry. In comparison to 2010, solar PV module prices have dropped by nearly 73 percent in 2019. Due to rising disposable incomes and the global economy's rapid development, the global solar photovoltaic (PV) panels market offers a variety of opportunities to market participants. Furthermore, utility-scale solar photovoltaic (PV) is in high demand due to improving solar photovoltaic (PV) cost competitiveness and the electricity demand.


Profile- Project Reports & Profiles


According to a study, solar photovoltaic installed capacity surpassed 12 GW in 2016-17. So far, the Southern area of India has dominated major solar installations. In the last four years, the Indian solar photovoltaic market has seen tremendous growth in terms of new capacity addition. The market is governed by large domestic and foreign project developers, with government involvement when required. With the government's increased emphasis on developing the renewable energy sector, India's solar photovoltaic market has already taken off, with the aim of reaching 100 GW of solar power generation capacity by 2022.


Indian Government policy on Solar Energy:


Solar energy is a rapidly growing industry in India. As of November 30, 2020, the country's solar installed capacity was 36.9 GW. The Indian government set a target of 20 gigawatts of power for 2022, which was met four years ahead of time.


Market Research: - Market Research Report


The goal was increased in 2015 to 100 GW of solar energy by 2022 (including 40 GW from rooftop solar), with a target investment of $100 billion. Nearly 42 solar parks have been developed in India to provide land to solar plant developers. India proposed the International Solar Alliance (ISA) as a founding member, and it is headquartered in India. To harness abundant solar power on a global scale, India has proposed the concepts of "One Sun, One World, One Grid" and "World Solar Bank."


Key Player:


·         Suntech Power Holding Co. Ltd.

·         Sun Power Corporation

·         First Solar Inc.

·         Yingli Green Energy Holding Co. Ltd.

·         Canadian Solar Inc.

·         Schott Solar Ag.

·         Sharp Corporation

·         Solar World Ag

·         Jinko Solar Holding Company Ltd

·         Trina Solar Ltd


For More Detail:


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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.



NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:

• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period

We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.


The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?

The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.

Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.


Our Approach:

• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.


Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:



Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications


Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity


Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers


Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel


Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)


Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram


Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities


Project at a Glance

Along with financial details as under:


  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital


  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals


                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios


                Earnings Per Share (EPS)


             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 


  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR