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Renewable Power Plant for Sale in Colombo, Sri Lanka

Readily available electricity production plant that would generate electricity through firewood, having required licenses in place.
This transaction has concluded.

Established 10-20 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Renewable Power Plants
Locations  Colombo
Local Time 10:23 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 3.3 million (Native Currency: LKR 1,000,000,000)
Reason: Unable to proceed with operation. Looking to sell this company and meet off 70% of loan that we had ... View More
Includes physical assets worth USD 3.3 million
Business Overview

The company was registered in 2013. Acquiring land and government approval for production took a few years. Currently we have license to produce electricity and has the production capacity of 2 MW. We have established tie-ups with Ceylon Electricity Board for supply of electricity. Investment in the business already has 70% bank loan sanctioned. Since the bank interest rate is high in Sri Lanka, we are not looking to go ahead with this business. Seeking buyers to takeover this established business with licenses and a govt client in place.

Products & Services Overview

Production of electricity using firewoods.

Facilities Overview

Have taken a land of 10 acre (owned)

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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