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Renewable Power Plant Seeking Loan in Kullu, India

Company plans to construct and operate a hydro power plant in Kullu generating 800 KW power.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Renewable Power Plants
Locations  Noida + 1 more
Local Time 10:20 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.3 million for 11.0% annual interest, 18 years (Native Currency: INR 100,000,000)
Reason: To construct and commission first project of our portfolio in Kullu, Himachal Pradesh which is 800 K... View More
Collateral Available: USD 0
Includes physical assets worth USD 90 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Not disclosed
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Documents
Business Overview

- Company established in 2009 planning to set up small hydro power plants across India.

- Recently started a subsidiary company in Manali to start multiple hydro power projects.

- Power produced will be bought by the state Government of Himachal Pradesh.

- We are going to generate 800 KW of energy in total.

- Set up and construction will be completed in 1 year and we will set up 2 more plants in the same location in 6 months.

- Permission from The Department of Energy, Government of Himachal Pradesh, Forest Department has already been obtained.

Products & Services Overview

Power producer from hydro renewable energy in Kullu, Himachal Pradesh.

Facilities Overview

Own Office of around 1,000 sq ft in Noida.

Recent Activity
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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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