Hydropower Plant Seeking Loan in Una, India
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 |
- 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.
- 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.
- There are 3 shareholders in the business.
- All operations are bootstrapped till now.