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Newly Established Solar Projects Business for Sale in Belthangady, India

Opportunity to gain 100% ownership of 1MW solar plant with client demand worth 6MW.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Solar Projects
Locations  Belthangady
Local Time 2:19 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 470 thousand (Native Currency: INR 40,000,000)
Reason: We are looking for another party to put in the investment of INR 4 Crores and run the business.
Includes physical assets worth USD 425 thousand
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Business Overview
- The business provides solar plant installation services and is an authorized distributor of India's top solar company brand.
- It is proposing to offer a 3-acre land agreement along with the necessary assets to establish a 1 MW solar power plant.
- The installation of the plant will be done by the company, for which the power plant will receive a one-time payment of around INR 40,000 for the installation support.
- This will come with a 25-year warranty for the solar panels and a 10-year warranty for the inverter along with maintenance.
- The buyer will have 100% ownership of the power plant and the revenue it generates.
- The business has clients with a demand of 6 MW within Mangalore, including apartments, shopping complexes, and factories, who are in need of low-cost energy. They will aid the buyer in acquiring these contracts after the installation is done.
- Post the installation of the solar power plant, a contract will be signed between the owner (buyer) and MESCOM in order to facilitate the supply of power through MESCOM's transmission lines.
-The minimum sale price per KWH (unit) is INR 5.75 from which a fixed charge of INR 1.5 is deducted by MESCOM and the buyer (owner) will get INR 4.25 per unit.
- With a guaranteed generation of 14.6 Lakh KWH units for 1MW per year, the buyer can expect a guaranteed annual return of INR 63 lakhs from the solar power plant.
Products & Services Overview
The business provides solar plant installation services and is an authorized distributor of India's top solar company brand.
Assets Overview
The physical assets that the buyer would get include solar panels, mounting structures, electrical panels, etc.
The intangible assets include the warranty of the plant, guidance from our company in acquiring clients, and the 25-year rental agreement of land.
Facilities Overview
- We have a rental agreement for 3 acres of plain land for 25 years.
- The rent that the buyer has to pay for this is INR 75,000 per month.
Capitalization Overview
The project currently has 2 partners with no particular split of ownership between them.
Post the sales, the buyer would get 100% of the ownership of the solar power plant.
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2 Buyers 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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