Engineering, Procurement & Construction Company Seeking Loan in Surat, India

Mechanical construction company engaged in installation, O&M, maintenance of power plants andinstallation of heavy industries.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Locations
Local Time
12:43 AM Mumbai
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 400 thousand for 13.0% annual interest, 2.0 years (Native Currency: INR 30,000,000)
Reason: We have arranged working capital and resources required for execution of project by way of unsecured... View More
Collateral Available: USD 350 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are establishing ourselves as a main contractor for installation of Turbine and associated critical works. There are only few competitors in this segment, mainly from unorganized or family driven companies. We would like to bring professionalism in this segment and expect to position ourselves in the top order.

- We are a group of professionals from a German Engineering and construction company, have come together and just established the venture and received an order in consortium with one of the established companies in this segment.

- We are in the last stage of finalizing the project.

- The project can make a monthly turnover of Rs. 2 crore.

- In a high-growth scenario, BRIDGE TO INDIA foresees 7.3% annual growth rate in power generation over the next 20 years in India.

- It is more than five-fold increase to almost 5,000 TWh of electricity – just above what China or the US generate today.

- In a business as usual scenario (coal-heavy) India would need to add 869 GW in the next 20 years.

Products & Services Overview

Installation of Turbine Generator at KSK 6x600 MW power plant in Chattisgarh.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Director, Delhi, Financial Advisor connected with this business
  • Earlier than 15 days
    Founder Director, Vadodara, Financial Advisor connected with this business
  • Earlier than 15 days
    Director, Ahmedabad, Financial Advisor connected with this business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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