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Solar PV pumping system for irrigation purpose and its economic comparison with grid- connected electricity and diesel operated pumps

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Title Solar PV pumping system for irrigation purpose and its economic comparison with grid- connected electricity and diesel operated pumps
Not Available
 
Creator P. Santra
P.C.Pande
A.K. Singh
Pradeep Kumar
 
Subject Life cycle cost
Capital cost
Solar PV pumping system
 
Description Not Available
Objectives: Use of solar PV (SPV) pumping system for irrigation has recently been increased significantly speciallyunder the national solar mission and these pumps may replace conventional electric or diesel pumps.
Methods/Statistical analysis: In this paper, economics of SPV pumping system has been evaluated through life cycle cost (LCC). In LCC analysis, capital cost, future maintenance cost and replacement cost are converted to present
worth value considering inflation rate and discount rate during its total life cycle. Annualized life cycle cost (ALCC) of solar PV pumping system has been further compared with conventionally used grid connected electric pumps and diesel pumps.
Findings:The analysis revealed that the annualized life cycle cost (ALCC) of PV pumping system is lower than grid connected electric pumps and diesel pumps. For example, the ALCC for a 5 HP capacity SPV pumping system was found Rs. 56,620, whereas it were Rs. 60,475 and Rs. 1,19,664 for grid connected electricity operated pumps and diesel pumps, respectively. It has also been observed that the initial capital cost for solar PV pumping system is higher than grid connected electric pumps and diesel pumps. However, the maintenance cost and replacement cost are lower for PV pumping system.
Application/Improvements: Apart from economic advantage, PV pumps have additional benefits of using it for
domestic and farm needs. Therefore PV pumping system may be considered as the first choice by farmers.
Not Available
 
Date 2020-08-21T04:34:39Z
2020-08-21T04:34:39Z
2016-04-15
 
Type Research Paper
 
Identifier Not Available
2320-9828
http://krishi.icar.gov.in/jspui/handle/123456789/39855
 
Language English
 
Relation Not Available;
 
Publisher Indian Society of Agricultural Economics