COST-EFFECTIVE HYBRID SOLUTIONS FOR RURAL ELECTRIFICATION IN INDIA: A TECHNO-ECONOMIC STUDY

This study explores a Hybrid Renewable Energy System (HRES) based on the energy resources available at the selected site. It evaluates both the economic feasibility and technical reliability of the system for a single household located in an off-grid region. The proposed fully renewable HRES model is designed to meet a daily energy demand ranging from 2.835 to 4.965 kWh across different seasons. The findings indicate that the system effectively addresses issues of power intermittency while maintaining a balanced load throughout the year by minimizing unmet demand and capacity limitations. Furthermore, considering a projected lifespan of 25 years and associated energy costs, the system proves to be economically sustainable. This study also provides a foundational framework for enhancing electrification infrastructure in underserved areas and represents one of the first such implementations in Jharkhand, India.