For a factory running 24/7, grid power at ₹8/unit is a massive bleed. Solar power costs effectively ₹2.5/unit over its lifetime.
Accelerated Depreciation (AD)
This is the secret weapon for businesses. You can claim 40% depreciation on the solar asset in Year 1 itself. This significantly lowers your tax liability.
most factory owners in SIDCUL recover their entire solar investment in just 2.5 to 3 years. After that? It's literally free electricity for the next 22 years.