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Waste to Energy Service Company Seeking Loan in Ghaziabad, India

Startup company, tied up with a US Giant for municipal waste conversion to energy.
- It's an American company seeking to establish business and set up plant in India for management of MSW to Energy, in form of fuel pellets or Power. - Project technology is approved by various Municipal Corporations. - Total cost of the project is INR 300 crores. - 80% will be financed by the American parent and balance 20% through domestic investors. - Land will be made available free by the concerned Municipal Corporation / State Govt. - Very high Govt and PM priority sector with multiple Govt. subsidies upto 30% & income tax holiday. - Power purchase agreement will be executed by State Govt, guaranteed by Central Govt. - By products can also be utilized profitably. - Intermediary product of fuel pellets in very high demand across the globe. - Very nominal working capital, as raw material is free of cost. - Highly advanced patented technology, currently not in practice in India. - Current setups in India (5 in Number), not very successful in productivity and pollution control. - The Company functions through its Indian Arm. - ROI on investment is around 35%. - Company will issue preference shares with a 6% coupon rate till the implementation of the project, gestation period approx 12 months, and thereafter option of investor to continue with debt instrument or convert to equity. Assured returns on equity will be 18-20%. - Seeking domestic investment to the tune of Rs. 60 Crores. - Initial funding required of around Rs. 10 Crores for participation in Tenders Money deposits. - Total project report and financial projections will be shared only with serious investors.
7.7   Ghaziabad
Run Rate Sales
Operating at break even
Business Loan
USD 9 million at 6% interest
Contact Business
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