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Hydropower Plant Seeking Loan in Una, India

Upcoming hydropower plant near Una seeks debt funding for initial setup and commencing construction.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hydropower Plants
Locations  Una
Local Time 10:13 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 170 thousand for 11.0% annual interest, 7 years (Native Currency: INR 15,000,000)
Reason: - This will be our first hydropower project. We are looking for an investor who can provide us with ... View More
Collateral Available: USD 0
Name, Phone, Email
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Business Name
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Business Overview
- Private limited company with an upcoming hydropower plant project located near Una, Himachal Pradesh.
- The plant will generate electricity that will be sold to the state government under a Power Purchase Agreement (PPA).
- Currently, the project paperwork is 70% complete, with an anticipated signing of a Memorandum of Understanding (MoU) with the Himachal Pradesh state government in the near future.
- This hydropower project is anticipated to generate approximately 9.2 million units of electricity annually.
- The current tariff rate for the PPA is projected to be between INR 4.93 and INR 5.15 per unit, offering a solid revenue model based on established pricing.
- The business is expected to generate an estimated annual revenue of INR 4.53 crore based on the projected units sold at the tariff rate of INR 4.93.
- With operating and maintenance expenses projected at INR 72 lakh annually, the plant is positioned to maintain profitability while supporting green energy initiatives.
- The business operates as a private limited entity and has a certificate of incorporation.
Products & Services Overview
- We will sell electricity generated in our hydro plant to the state government.
Assets Overview
The business and the project has no physical assets as of now.
Facilities Overview
- The project will be on 1.34 hectares of land close to Una.
- We will be acquiring on a 40-year lease agreement from the Himachal Pradesh government for this land.
- The private limited entity that is spearheading this project has a rented office in Una.
Capitalization Overview
- There are no loans or debts on the name of the business.
- There are 3 shareholders in the business.
- All operations are bootstrapped till now.
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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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