Listing Details : LB-21299

Asking Price 18 Crs
Turnover 3 Crs
Legal Entity Public Limited
Category Energy & Power Projects
Sub Category Solar Plant
Business Listed By Business Owner

Overview

A Well-Established 3 MW Solar Power Plant is for Sale, offering a stable and long-term investment opportunity in the renewable energy sector. Established in 2014, the project is spread across 14 acres of owned land and consists of two operational ground-mounted solar plants developed in separate phases. The first phase comprises a 1 MW solar power plant commissioned in 2015 on 4 acres of land, operating under a Power Purchase Agreement (PPA) of INR 6.49 per unit for a tenure of 20 years. The second phase includes a 2 MW solar plant commissioned in 2016 on 10 acres of land with a PPA of INR 5.73 per unit for 25 years with the Telangana Government. Both plants are located within approximately 30 minutes travel distance from each other. The plants are professionally maintained under an AMC agreement with a private solar management company, ensuring smooth operations and optimized performance. The 1 MW plant generates approximately 14.5 lakh units annually, while the 2 MW plant generates around 36 lakh units annually, providing consistent and predictable revenue generation for investors.

Year of Establishment

2014

No. of Employees

N.A

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

6 Crs

Property Classification

Commercial

Describe Property

N.A

Competition / Market

Moderate

Products & Services

Solar Power plant, Energy Generation

Growth Potential

Very High Growth

Reason For Sale

Due to Personal Reason

Financial Details

Contact Business