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Newly Established Solar Power Plant Seeking Loan in Tenkasi, India

Planned 10 MW solar power project supplying government, seeking investment to develop and operationalize plant.

Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Solar Power Plants
Locations  Tenkasi
Local Time 3:24 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Seeking Loan
USD 5.3 million for 10.0% annual interest, 6 years (Native Currency: INR 500,000,000)
Reason: Seeking funding to establish a power plant, with operations scheduled to commence within 4 months. T... View More
Collateral Available: USD 0
Includes physical assets worth USD 410 thousand
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Business Name
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Business Overview
- Planning to establish a 10 MW solar power plant on approximately 30 acres of land.
- Project designed to generate and supply solar power to government entities under long-term agreements.
- Expected tariff realization of approximately INR 6.5 per unit, providing stable and predictable revenue.
- Positioned to benefit from increasing government focus on renewable energy and clean power procurement.
- Business model focused on power generation and long-term supply contracts, ensuring recurring income.
- EEB approval to be acquired in parallel during the project setup phase to ensure timely operational readiness.
Products & Services Overview
Solar power generation and supply to government agencies under long-term power purchase agreements.
Assets Overview
Tangible assets:
- Land worth INR 3.9 crore.
Facilities Overview
The solar power plant will be established on 30 acres of owned land, ensuring long‑term stability and operational independence.
Capitalization Overview
Single‑owner with no loans or external liabilities.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
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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