Solar Power Plants Seeking Loan in New Delhi

This is a New Delhi-based contracting business that designs and constructs solar power PPAs for the government. - There are 6 active government projects totaling INR 75 crore, comprising 2 national and 4 state government initiatives estimated to be completed within the next 20 months and 50 more projects in the pipeline. - We are seeking funding to establish a solar power plant in Rajasthan for which we have entered into a PPA with the government. - The project will be constructed in 9 locations across 2 districts in Rajasthan, the unit cost of the power generated will be INR 3.24, and the maximum production capacity is 36 Mw across all the locations in total, the project operating duration is 25 years. - After 1 year of commissioning the project the government will release INR 8 crore as central financial assistance and will be released next year by July. - The promoter has 32 years of experience in this field and is an IIT Delhi Alumni, with a total group revenue of INR 650 million or USD 8 million, and has numerous government contracts, especially that of solar power plants. - Due to the long payment cycle the sales are low right now, and we usually get the bulk of our payments in Q4. - We are a duly compliant company with the necessary certifications and licenses.

This is a New Delhi-based contracting business that designs and constructs solar power PPAs for the government. - There are 6 active government projects totaling INR 75 crore, comprising 2 national and 4 state government initiatives estimated to be completed within the next 20 months and 50 more projects in the pipeline. - We are seeking funding to establish a solar power plant in Rajasthan for which we have entered into a PPA with the government. - The project will be constructed in 9 locations across 2 districts in Rajasthan, the unit cost of the power generated will be INR 3.24, and the maximum production capacity is 36 Mw across all the locations in total, the project operating duration is 25 years. - After 1 year of commissioning the project the government will release INR 8 crore as central financial assistance and will be released next year by July. - The promoter has 32 years of experience in this field and is an IIT Delhi Alumni, with a total group revenue of INR 650 million or USD 8 million, and has numerous government contracts, especially that of solar power plants. - Due to the long payment cycle the sales are low right now, and we usually get the bulk of our payments in Q4. - We are a duly compliant company with the necessary certifications and licenses.