Newly Established Solar Power Plant Seeking Loan in Chennai, India
Solar powerplant start-up with 1 MW tender seeking business loan to initiate the plant.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Solar Power Plants |
| Locations | Chennai |
| Local Time | 2:50 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
570 thousand
for
10.0%
annual interest,
12
years
(Native Currency: INR 50,000,000)
Reason: The loan amount will be utilized completely for the project establishment.
- Revenue generation fro...
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Collateral Available: USD 63 thousand
Includes physical assets worth
USD
63 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Registration Certificate
(51.6 KB)
Udyam Registration Certificate
(18.0 MB)
Business Overview
- The business plans to set up a solar power generation plant in Chennai, focusing on grid-tied commercial and industrial electric power supply.
- It is spearheaded by a promoter with a decade of industry experience, ensuring strategic insight and operational expertise.
- The current project pipeline is promising, with one 1MW tender forecasted for adjudication within 10 days and historically boasting a 100% success rate.
- A capacity of 1 megawatt per 2 acres, contingent upon distribution company agreements (DISCOM), optimizing space and output.
- There are two private commercial projects in the pipeline, with expected project durations ranging from 6 to 9 months.
- Pending PPA Agreement expected in 10 days, showcasing readiness for operational commencement and enhancing project attractiveness.
- The business is legally compliant with GST and Udyam registration, reinforcing business credibility.
- It is spearheaded by a promoter with a decade of industry experience, ensuring strategic insight and operational expertise.
- The current project pipeline is promising, with one 1MW tender forecasted for adjudication within 10 days and historically boasting a 100% success rate.
- A capacity of 1 megawatt per 2 acres, contingent upon distribution company agreements (DISCOM), optimizing space and output.
- There are two private commercial projects in the pipeline, with expected project durations ranging from 6 to 9 months.
- Pending PPA Agreement expected in 10 days, showcasing readiness for operational commencement and enhancing project attractiveness.
- The business is legally compliant with GST and Udyam registration, reinforcing business credibility.
Products & Services Overview
The business will generate and sell electricity produced from solar green energy to Government and private entities.
Assets Overview
Own property of the promoter worth INR 55 lakh which will be given as collateral.Intangible assets; bonds, equity, and licenses combined worth INR 50 lakh.
Facilities Overview
The business does not have a facility, so the promoter currently operates from his residence of own 1,122 sq ft two storey apartment on the ground floor.
Capitalization Overview
The business is bootstrapped and there are no outstanding loans/debts.
Recent Activity
-
Earlier than 15 daysDirector, Noida, Financial Consultant connected with the Business
-
Earlier than 15 daysOwner, Chennai, Accounting Firm connected with the Business
-
Earlier than 15 daysPartner, Chennai, Accounting Firm connected with the Business
Tags:
Newly Established Solar Power Plant Seeking Loan in Chennai, India
·Newly Established solar generation Seeking Loan in Chennai, India
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·Newly Established Solar Farm Seeking Loan in Chennai, India
·Newly Established Solar Power Plant Seeking Loan in Madras
·Newly Established solar generation Seeking Loan in Madras
·Lend to Newly Established Solar Farm in Chennai, India
·Lend to Newly Established Solar Power Plant in Madras
·Lend to Newly Established solar generation in Madras
·Newly Established Solar Farm Seeking Loan in Madras
·Newly Established Solar Power Plant Seeking Loan
·Newly Established solar generation Seeking Loan
·Lend to Newly Established Solar Farm in Madras
·Lend to Newly Established Solar Power Plant
·Lend to Newly Established solar generation
·Newly Established Solar Farm Seeking Loan
·Lend to Newly Established Solar Farm
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