Listing Details : LB-14866

Asking Price 5 Crs
Turnover N.A
Legal Entity Proprietorship
Category Energy & Power Projects
Sub Category Solar Plant
Business Listed By Business Owner

Overview

For sale or joint venture opportunity: a solar project license in Tehri, Uttarakhand, featuring a total capacity of 13 MW DC / 10 MW AC. The project is divided into two parts, each with a 5 MW AC capacity. The first 5 MW has a Power Purchase Agreement (PPA) rate of ₹3.99/kWh, while the second 5 MW is at ₹4.44/kWh, resulting in an average rate of ₹4.21/kWh. The deadline for commissioning the project is March 31, 2025. All necessary documentation is prepared and ready for signing, with the option to collaborate with the current PPA owner. The land and substation have already been identified by the PPA owner, ensuring a streamlined process. Additionally, the owner offers support in all necessary liaisoning activities. The project is eligible for a state government subsidy of ₹1 crore per year for up to five years, providing significant financial incentives. This is an excellent opportunity for investors looking to enter the renewable energy sector with an established project.

Year of Establishment

N.A

No. of Employees

N.A

Current Status of Business

Closed

Business Relocatable

Yes

Property Type

Leased

Rental per Month

N.A

Describe Property

N.A

Competition / Market

Yes we have some competition

Products & Services

The project is divided into two parts, each with a 5 MW AC capacity. The first 5 MW has a Power Purchase Agreement (PPA) rate of ₹3.99/kWh, while the second 5 MW is at ₹4.44/kWh, resulting in an average rate of ₹4.21/kWh. The deadline for commissioning the project is March 31, 2025.

Growth Potential

Very High

Reason For Sale

Personal Reason

Financial Details

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