Newly Established Hydropower Plant Seeking Loan in Hajipur, India

- Start-up company involved in erection, testing & commissioning of hydroelectric projects and treatment plants.

- Company is registered in Hajipur and the project is commissioned in Bihar.

- We have recently won a 1.6 MW hydroelectric project in Bihar by tender basis and this is our 1st ever project.

- Project has been sanctioned by MNRE.

- Project completion is within 24 months from the issue date of Letter of Intent.

- Once we develop the project, we have to maintain it for 1 year and then hand it over to the government of Bihar. We do not have to worry about PPA.

- Need funds to work on the project at hand.

- We would generate annual revenue of INR 2-3 crore going forward by taking on similar renewable energy development projects.

- Promoter has more than 5 years of experience in the electric and hydroelectric sector.

EPC, supply, erection, testing & commissioning of electro-mechanical projects, hydroelectric projects and effluent treatment plants.

A few machinery and equipment related to the project, office furniture and supplies.

Rented 1,100 sq ft of office area in Bihar.