Solar Projects Company for Sale in Chennai, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 400 thousand |
Run Rate Sales | USD 360 thousand |
EBITDA Margin | 25 % |
Industries | Solar Projects |
Locations | Chennai |
Local Time | 3:54 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Company specializes in designing and engineering of rooftop and ground-mounted power plants.
- First company in India to introduce retainership model in the solar consultancy business, which in turn yielded EPCM orders without marketing cost.
- Have completed 30-35 EPC projects till date.
- It takes 2-3 months for project completion depending on the size.
- Executed projects across India.
- Raw materials are procured from multiple vendors from other counties.
- Company has witnessed a 40% increase in year on year revenue since inception. This year the revenue has dropped due to the pandemic.
- Survived the COVID-19 business period, with billing of more than INR 60 lakhs in the 6 months of the pandemic.
- Revenue for the next financial year is projected at INR 3.5 crores, with billing already achieving INR 2 crores. Have 2 running orders which will fetch INR 1.5-2.5 crores next year.
- Business has a dedicated team of 15 at the office and a contract I&C team of 15+ employees with 3 project managers.
- Have won more than 6 awards in the last 3 years on various national-level platforms.
1 - Plant Engineering: Complete end to end design of rooftop and ground-mounted systems with designs being done under both retainership and project by project model.
2 - Plant Testing: Pre-commissioning testing, root cause analysis testing using in-house mathematical models and standard hardware as per industry standards (I-V curve testing thermal imaging testing)
3 - Total EPCM of roof and ground solar installation.
1 - Computers, laptops worth INR 5 lakhs.
2 - Testing equipment worth INR 10 lakhs, bought this year.
3 - Perpetual software worth INR 5 lakhs, the version valid for the next 4 years.
4 - Company's technical and financial eligibility to apply for tenders, with 3 years of balance sheet.
Rented office space of 1000 Sq. ft+, seating capacity of 15+ with a conference room and 1 storage space.
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Earlier than 15 daysCEO, Renewable - Solar, Aberdeen, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysIndependent Advisor, Chennai, Financial Consultant connected with the Business
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Earlier than 15 daysManaging Director, Civil Contractors, Chennai, Individual Investor / Buyer connected with the Business