Profitable Solar Projects Company Investment Opportunity in Mumbai, India

- We are electrical contractors that have executed multiple EHV and substation projects till date. We are authorized by the Central Public Works Department (CPWD). This is the primary vertical of the business as it generates most of the business revenue.

- We have over 15 - 20 contracts currently out of which 2 - 3 are maintenance contracts. Over 60% of our clients are public sector and 40% is private. Contracts are renewed on a monthly basis.

- We have completed over 300+ projects till date.

- Our major clients include Adani Power, Reliance Power, Tata Power, Maharashtra State Electricity Distribution Company Limited (MSEDCL), Power Grid Corporation of India, and Bihar State Electricity Board Substation.

- Additionally, we are also involved in solar projects (EPC). To that extent, we have installed over 550 KW till date. This is the second biggest vertical of the business.

- We are also involved in the operations and maintenance of a 3 MW plant. Have a standing contract for profit sharing with the plant owner.

- The business has over 40 - 45 primary vendors.

- Additionally, we are developing an in-house home service application. We have developed an algorithm that provides home services at affordable rates (45% cost reduction) to the customer. It took two years of industrial research and study to develop these algorithms. Home services provided include electrical and plumbing services.

- Our applications targeted audience is modern day couples aged between 24 – 48 years old.

And the working millennial of India. We plan on following a SaaS model primarily post-launch.

We are involved in electrical and solar project, electrical contract work, solar power plant organisation and maintenance, HV and EHV transmission line and substation works and energy audits.

Besides the interiors and furnishings of the office, we have some tools and equipment, 7 Desktops, some furniture, IT Hardware and inventory worth INR 12 - 15 lakh.

Our administration office has an area of 650 square feet and is rented.

We also have a rented godown cum office with an area of 1,250 square feet.

We pay a monthly rent of INR 42,000 and have already paid a deposit of INR 1.75 lakh.