Biogas Plant Raising Funds In Bangalore
About Business
They are setting up a 5-tonne-per-day capacity CBG (Compressed Bio Gas) plant at Bagalkot and Bijapur, Karnataka. Napier Grass and Pressmud will be used as raw material. OMC Companies like IOCL and GAIL procure the entire output from the Plant.
Clientele type
OMC Companies like IOCL and GAIL will procure the entire output from the Plant. Additionally, the produced Compressed Bio Gas (CBG) will find applications in the automotive fuel sector and City Gas Distribution (CGD), further contributing to the versatile and sustainable utilization of this eco-friendly gas.
Premises
OWNED
Premise Size: 176000
Market Value (in INR): 1.50 Cr
They have successfully acquired a strategically positioned 5-acre plot in the Vijayapura District, Karnataka. The selection of this location is meticulously considered, taking into account its accessibility and proximity to essential resources. This carefully chosen site is poised to become the hub for manufacturing and production facilities.
It not only enables efficient operations but also aligns with the commitment to providing green-renewable energy solutions. This strategic move positions them to serve their mission not only in the local region but also extends their impact beyond geographical boundaries.
Asking Price Includes
The terms of the transaction will be discussed with potential investors. For a substantial investment towards project funding, offering a Director position is also considered.
Asking Price
INR 2.50 Cr
Minimum ticket size
INR 1.00 Cr
Reason
To set up the plant on the procured land.
More Details
The company is establishing a 6 TPD Bio-CNG (Compressed Biogas) Plant in Vijayapura, Karnataka, India, with a total project cost of INR 30 Crores (approximately USD 3.6 million).
The project benefits from strong government support, including an INR 5 Crore capital subsidy, 5 years of tax holiday, and a 100% fuel offtake guarantee from Oil Marketing Companies (OMCs). The plant is projected to deliver high and assured returns, making it a robust and sustainable investment opportunity.
They are looking for:
Investor: INR 2.5 Crores (USD 300K) for 30 equity shares
Assured profit: INR 1.5 Cr/year (USD 180K)
Collateral Partner: INR 6 Crores (USD 720K) in the form of commercial property as bank guarantee
10 equity shares + INR 50 Lakhs/year (USD 60K)
Duration: Max 10 years
They have invested INR 3.5 Cr in plant & machinery and have arranged an INR 25 Cr bank loan.
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