The MNRE has issued the benchmark cost (without adding subsidy) as follows.
|Sr No||Capacity||Benchmark Cost (Rs/kWp)|
|1||Above 1 kW and up to 10 kW||Rs. 54,000|
|2||Above 10 kW and up to 100 kW||Rs. 48,000|
|3||Above 100 kW and up to 500 kW||Rs. 45,000|
Please note that this cost is inclusive of solar modules, inverter and material for civil structure, AND transportation, installation, cabling, civil works, and operation & maintenance (O&M).In the case of CAPEX business model, the O&M cost up to 5 years is included. However, in the RESCO model, the vendor shall provide O&M for 25 years of panel life. Regardless of the model, a standard warranty of 5 years is also provided for the system.