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Biodiesel Businesses Seeking Loan

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Biodiesel Business Seeking Loan in Gwalior, India

Seeking funds to setup a biodiesel plant in Indore on a 50K sq ft land.
Our company is raising funds to set up a biofuel (solid form) plant to produce biofuel using agricultural waste. We have identified land of 50K sq ft in Indore which we would either buy or take it on lease. We plan to set up this plant to serve the demand of NTPC Limited. Have participated in the tender and we are amongst top 5 companies who would be selected for 4 years tender term with NTPC Limited. The plant would have the output capacity of 20 tons per day. Director of the company has good experience in this industry and is running 2 other firms in the same industry that generates a total annual turnover of INR 8 crore. Since this entity is a startup, we do not own any physical assets.
7.1   Gwalior
Run Rate Sales
Business Loan
USD 500 K at 15%
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