Solar Projects Company Seeking Loan in Challakere, India
Looking for funding to setup 5MW solar power plant, received approvals from Karnataka Government.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Solar Projects |
| Locations | Challakere |
| Local Time | 2:54 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
INR
35 crore
for
12.0%
annual interest,
12
years
(Native Currency: INR 350,000,000)
Reason: To kick start the project.
Collateral Available: INR 0
Includes physical assets worth
INR
2.5 crore
Interested to connect with advisors
Documents
Certificate of Incorporation
(523.2 KB)
GST Registration Certificate
(118.6 KB)
ROC-Verification.pdf
(59.9 KB)
Business Overview
- Newly incorporated firm is setting up a 5 Mega Watt solar plant in Gudikote, kudligi, Karnataka.
- Government order received for 5 MW.
- Bank Guarantee paid of 25 lakhs.
- Have identified a 27 acre plot to set-up the solar plant which would have a capacity of 5 Mega Watt in first step.
- Our project is getting establish at gudikote, kudligi, Karnataka power plant giving it a strategic importance.
- PPA has been signed with software park at Vartur - Bangalore.
- The profits margins are expected to be attractive because of the low maintenance cost.
- Promoters have a combined experience of 15 years working for MNC's like Suzlon, Ennar Com and Azure Power.
- Government order received for 5 MW.
- Bank Guarantee paid of 25 lakhs.
- Have identified a 27 acre plot to set-up the solar plant which would have a capacity of 5 Mega Watt in first step.
- Our project is getting establish at gudikote, kudligi, Karnataka power plant giving it a strategic importance.
- PPA has been signed with software park at Vartur - Bangalore.
- The profits margins are expected to be attractive because of the low maintenance cost.
- Promoters have a combined experience of 15 years working for MNC's like Suzlon, Ennar Com and Azure Power.
Products & Services Overview
- Solar power plant.- Ground Mounted PV Module Generation.
Facilities Overview
Rented office space of 1,500 Sq. Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
-
Earlier than 15 daysSenior Consultant, Gurgaon, Financial Consultant connected with the Business
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