Abstract: In this paper, the potential and the cost-effectiveness of a solar photovoltaic power plant for meeting the energy demand of Hotel in Nashik (India) is analyzed. Also, the energy demand of Hotel for year 2016 was been estimated (68 KW) and the design of the solar PV power plant of 20 KW capacity was proposed and installed Simple payback period is 2.41 years which is quite attractive.

Keywords: Photovoltaic, Solar power plant, Techno-economic analysis, Payback period.