Solar Projects Businesses Seeking Loan in Challakere

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Solar Projects Company Seeking Loan in Challakere, India

Looking for funding to setup 5MW solar power plant, received approvals from Karnataka Government.
- 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.
6.6   Challakere
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 4.7 Mn at 12% interest
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