Solar Power offers a very attractive investment opportunity for High net worth individuals with tax saving benefits and tax holidays for 10 years for the income generated from solar power plant. HNIs can secure their investment by investing in solar power sector which have almost negligible risk involved as compared to real estate, mutual funds and other such investments.
Firms and organizations paying huge corporate taxes can save them by installing a solar power plant. The installation of a solar power plant enables the firms and organizations to avail the benefit of accelerated depreciation wherein 80% of the solar power plant cost is depreciated in the first year itself providing considerable tax shield to the firms.
Many large business houses are diversifying into solar sector keeping in mind the future cash-flows generated from this sector and the various incentives provided by the government. Solar sector has made it easy for large businesses to diversify into power sector unlike conventional coal based plants which are highly capital intensive and require Rs.1000 Crores investment to begin with. In solar sector, a fraction of this cost can be utilized to establish the solar power plant and mark a beginning in the power sector which is by far the most productive industry world-wide.
Our organization offers a one-stop solution forbudding entrepreneurs who are new to this sector and are willing to make a mark in this sector. We provide valuable feedback and facts for investing in the solar power sector to entrepreneurs keeping in mind the value of their money