Newly Established Wind Mill Investment Opportunity in Kalpitiya, Sri Lanka
Established | 0-1 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Wind Mills |
Locations | Kalpitiya |
Local Time | 4:16 PM Asia / Kolkata |
Listed By | Management Member |
Status | Active |
- Currently developing a 60MW wind farm in Kalpitiya, Sri Lanka, aimed at addressing the growing demand for renewable energy in the region.
- A 20-year Power Purchase Agreement (PPA) will be established with the Ceylon Electricity Board, ensuring long-term revenue stability and partnership with Sri Lanka's largest utility provider.
- Project will benefit from a competitive feed-in tariff of USD 10 cents per kilowatt-hour, enhancing its economic viability and attractiveness to investors.
- Company will have a dedicated team on the ground in Sri Lanka, comprised of experienced professionals with a proven track record in renewable energy project development.
- Construction of the wind farm is set to commence before the fourth quarter of this year, signalling a proactive approach to project execution and timeline management.
- The investment is projected to deliver an annual yield of 20-25%, with an expected total return of 60-75% over three years, significantly outperforming similar global renewable energy assets by 1,200-1,800 basis points.
- The parent entity is an SLP fund based in Luxembourg and the promoter is based out of India.
Now the company is venturing into developing a wind farm in Sri Lanka.
All necessary permits have been secured, reducing planning and permitting risks.
The land will be leased from the government for 33 years.
Has a single major shareholder.
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Earlier than 15 daysOwner, Bronxville, Financial Consultant connected with the Business
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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Earlier than 15 daysCEO, Industrial Design, Bengaluru, Corporate Investor / Buyer connected with the Business