Solar Power Plant Seeking Loan in Chennai, India

Company involved in setting up solar power plants with 9 projects in pipeline seeks loan.

Established	1-5 year(s)
Employees	5 - 10
Legal Entity	Private Limited Company
Reported Sales	Nil
Run Rate Sales	Nil
EBITDA Margin	Nil
Industries	Solar Power Plants
Locations	Chennai
Local Time	7:20 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Moderately Active

6 / 10

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Seeking Loan

USD 500 thousand for 9.0% annual interest, 10 years (Native Currency: INR 40,000,000)

Reason: Need funds to invest in a PV power project of 2MW which has been already signed by the client. We ha... View More

Collateral Available: USD 1.4 million

Interested to connect with advisors

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Business Name

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User Verification

Documents

ROC-Verification.pdf (66.4 KB)

Business Overview

- Start-up focused and determined to lead India in the growth of renewable energy.

- The company was started in the mid of last year.

- Have 9 projects in the pipeline.

- The funds required are to complete one project. The capacity of the plant is 800kW.

- The directors have over 10 years of experience in this industry.

Products & Services Overview

- Construction of solar photovoltaic power plant.

- Sale of inverter and batteries.

- Development of AI technology (cooling systems) for solar power plants.

- Import and export of crude oil.

Assets Overview

The company does not hold any tangible or intangible assets currently.

Facilities Overview

Rented office in a co-working space at Regus Business Centre, Chennai. We pay a monthly rent of INR 10,000.

Capitalization Overview

- Business is self-funded and has been completely bootstrapped to date.

- The company has 2 directors with 99% and 1% shareholding.

Recent Activity

Earlier than 15 days
Independent Advisor, Chennai, Financial Consultant connected with the Business
Earlier than 15 days
Founder & CEO, Chennai, M&A Advisor connected with the Business
Earlier than 15 days
Executive Director, Petroleum, Gandhinagar, Corporate Investor / Buyer connected with the Business

Tags:

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Solar Power Plant Seeking Loan in Chennai, India

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