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Solar Power Plant Investment Opportunity in Deola, India

Company looking to set up 1Mw solar power plant sanctioned from Govt seeks investment.
This transaction has concluded.

Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Solar Power Plants
Locations  Deola
Local Time 7:17 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 113 thousand for 45.0% stake (Native Currency: INR 10,000,000)
Reason: - Need funds to complete the project.
- The stake will be given only in the project.
Includes physical assets worth USD 227 thousand
Documents
Business Overview
- Govt sanctioned 25 years project contract of PPA with MSEDCL with a rate of 3.1 rupees per unit.
- The project's worth is INR 4 crores. The revenue generation on a yearly basis will be INR 40-50 lakhs.
- Since the state government and MSEDCL will be paying for the unit consumed, there will be no defaults in payments.
- The plant will be developed on 2 acres of land.
- The land area is located 80kms from Nashik called Deola.
Products & Services Overview
The company is into setting up solar power plants.
Assets Overview
Tangible assets include 2 acres of land.
Facilities Overview
We do not have any office facilities. Currently operating from a home office. The land area of 2 acres is located in the north of the village.
Capitalization Overview
- 60-70% of bank funding will be available from public sector banks.
- The company has 5 directors who are within the family.
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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