“Solar power costs us just a third of grid power and has also reduced our diesel backup cost,” said Rakshit Kunder from Kota, situated in the southern region of Karnataka.
The Rs. 3 billion ($46 million) oil products and fish-meal business of Sri Kunder need 2 megawatts (MW) of electricity every day and he is planning to get half of its consumption through the solar installations.
He has already installed more solar panels on the rooftop of his factory and warehouse, which is not aiming the save the environment of the earth, but for the cost saving of the business.
Apart from government-run entities, these kinds of private entrepreneurs are now under consideration to fulfill the dream of Prime Minister Narendra Modi to achieve the target of 100 gigawatts (GW) of solar power installations by the year 2022.