Solar Power Plant Seeking Loan in Ahmedabad, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 140 thousand |
Run Rate Sales | USD 300 thousand |
EBITDA Margin | 20 % |
Industries | Solar Power Plants |
Locations | Ahmedabad |
Local Time | 8:36 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Offer EPC services for solar power plants.
- Have installed and commissioned over 50 solar projects since inception.
- We partner with 3 other EPC contractors to together offer a comprehensive range of EPC services.
- Have prior experience offering EPC services for residential, commercial, and industrial solar power projects.
- The promoter is an alumni from Germi Institute and has previously worked in a private renewable energy firm.
- Have recently received interest from a Gujarat based steel producer who requires us to set up a 1MW solar power plant.
- We are in the final stages of signing a power purchase agreement with them under which we will sell electricity at INR 5.5/unit for the next 5 years.
- They currently rely on the government for electricity paying INR 9.5/unit.
- We are looking to fund this project by raising external debt capital.
- The investor will own the power plant and the land on which it is built and be entitled to a pre-negotiated, fixed cash flow throughout the life of the project.
- The power plant can be set up anywhere under the coverage of UGVCL, the distribution company of the Gujarat Electricity Board.
- We intend to acquire an 8 acre plot to set up the plant.
- The loan will be collateralized by the assets acquired for the project.
- A new legal entity will be formed for the project with the investor as a director.
- The investor will not be required to devote any time running the solar plant and we run and maintain the plant.
EPC services for solar power plants. We also sell/resell solar equipment.
Shop equipment, inventory and tools.
Operate out of a promoter owned 2,000 sq. ft. space. The 1 MW power plant will be set up on a 8 acre plot which is yet to be acquired.
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Earlier than 15 daysDirector, Ahmedabad, M&A Advisor connected with the Business
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Earlier than 15 daysAdvisor, Hyderabad, Financial Consultant connected with the Business
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business