Profitable Renewable Power Plant for Sale in Karnataka, India
3 MW Operating Wind Assets For Immediate Divestment, in Karnataka.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | < 2 |
| Legal Entity | Public Limited Company |
| Reported Sales | USD 260 thousand |
| Run Rate Sales | USD 270 thousand |
| EBITDA Margin | 70 - 80 % |
| Industries | Wind Energy Equipment + 1 more |
| Locations | Karnataka |
| Local Time | 9:23 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
1.46 million
(Native Currency: INR 125,000,000)
Reason: We are a poultry focused company and wish to divest our non-core assets.
Includes physical assets worth
USD
1.64 million
Interested to connect with advisors
Documents
Business Overview
- The 3 MW Wind Mill project was set-up in FY 2012 by awarding a turnkey contract to Suzlon.
- Suzlon is a leading global wind turbine manufacture and turnkey wind power solutions provider.
- The project has been set up on the forest land taken on lease from Karnataka forest department for a period of 30 years.
The annual lease rental for the both the units is INR 1,48,276.
- Long term Power Purchase Agreements ( PPA ) for 20 years has been entered into with Mangalore Electricity Supply Company Limited ( MESCPL ) and Bangalore Electricity Supply Company Limited ( BESCPL.
- O&M contract has been awarded to Suzlon for a period of 5 Years.
- The project is insured with The New India Assurance Company Limited for the present insurance period from 07th June 2015 to 06th June 2016.
- Both the machine & grid availability is consistently on an average greater than 95% i. e minimal downtime and higher operating efficiency levels.
- The project is eligible for 10 Years of Tax Holiday under Section 80 ( IA ) of Income Tax Act.
- Suzlon is a leading global wind turbine manufacture and turnkey wind power solutions provider.
- The project has been set up on the forest land taken on lease from Karnataka forest department for a period of 30 years.
The annual lease rental for the both the units is INR 1,48,276.
- Long term Power Purchase Agreements ( PPA ) for 20 years has been entered into with Mangalore Electricity Supply Company Limited ( MESCPL ) and Bangalore Electricity Supply Company Limited ( BESCPL.
- O&M contract has been awarded to Suzlon for a period of 5 Years.
- The project is insured with The New India Assurance Company Limited for the present insurance period from 07th June 2015 to 06th June 2016.
- Both the machine & grid availability is consistently on an average greater than 95% i. e minimal downtime and higher operating efficiency levels.
- The project is eligible for 10 Years of Tax Holiday under Section 80 ( IA ) of Income Tax Act.
Products & Services Overview
The machine & grid availability of the project are consistently on an average greater than 95% for the period upto March 2015 i. e minimal downtime and higher operating efficiency levels.
Facilities Overview
Project Location:1.5 MW - Gangarakatte Village, Shikaripura Taluk, Shimoga District, Karnataka.
1.5 MW - Teertharampura Village, Honnali Taluk, Davanagere District, Karnataka.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPartner, Bangalore, Financial Advisor connected with the Business
-
Earlier than 15 daysDirector, Apparels And Accessories, Hyderabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisor, Chennai, Financial Consultant connected with the Business
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