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Solar Power Plant for Sale in Tumkur, India

For sale: 1 MW rooftop solar plant with 25-year PPA signed with the government.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 12 %
Industries Solar Power Plants
Locations  Tumkur
Local Time 3:21 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 450 thousand (Native Currency: INR 37,500,000)
Reason: The business has other opportunities that they want to focus on and since the owners are not located... View More
Includes physical assets worth USD 120 thousand
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Business Overview

- The business owns a 1 MW rooftop solar power plant.

- The business is into logistics but runs a solar power plant as well.

- Have signed a 25-year PPA out of which 4 years have been completed.

- We sell the electricity directly to BESCOM at INR 5.20/unit rate.

- Power plant is located on top of a poultry farm.

- The power plant is owned by a family-run company.

- Power plant is debt-free.

- The sales of the business have dropped as a few inverters have been sent for servicing.

Products & Services Overview

We run a 1 MW power plant and sell the electricity to BESCOM.

Assets Overview

The buyer would get the complete setup that includes 30 inverters, 3,000 panels, electricity transfer set-up, transformer, and panel room.

Facilities Overview

1 MW in 7 shades poultry rooftop all facing south. Have signed a contract with the farmer who owns the farm to set up the power plant.

Capitalization Overview
Not Disclosed
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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