Financial feasibility of solar PV lanterns for households of a remote village cluster without access to electricity Online publication date: Thu, 05-Aug-2021
by Devendra Kumar Doda; Mahesh Bundele; Amit Shrivastava; Tara Chandra Kandpal
International Journal of Environment and Sustainable Development (IJESD), Vol. 20, No. 3/4, 2021
Abstract: In this study, the financial feasibility assessment of adopting state-of-the-art designs of solar PV lanterns by the households of a remote village cluster in the state of Rajasthan, India has been undertaken. LED-based solar PV lanterns are expected to save kerosene and meet their lighting energy demand. Based on a survey of the village cluster, the household level requirement of solar PV lanterns (three numbers each with a 3-W LED lamp), annual kerosene saving (approximately 100 litres) and the values of several measures of financial performance include discounted payback period (merely 4.7 years), net present value (Rs. 11263/-) and benefit to cost ratio (2.37) has been estimated. From a financial perspective an investment in the solar PV lanterns by a household appears to be quite attractive and may be explored by energy service companies. The results of detailed calculation undertaken have been presented in the paper and discussed.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Environment and Sustainable Development (IJESD):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook