25 MW Hydro Power Project Raising Funds in Kerala
About Business
The project proponent is the Managing Director of another company, which owns and operates a 4 MW small hydro power project nearby. He had identified the potential site for this proposed 25 MW small hydro power project in April 2017. Since then, he has been doing a feasibility study and secured preliminary clearances from the state government and the local panchayath. The state electricity board also has no objection to this project.
The estimated cost of this project is Rs. 188.28 Cr. The estimated annual power generation is 47.94 million units, which translates into the annual revenue of Rs. 32.18 Cr.
The next milestones of the project are to complete land acquisition, submit the Detailed Project Report to the state government, secure administrative sanction, and construct the project. The estimated timeline for completing these activities is 36 months.
Clientele type
Kerala State Electricity Board Limited
Premises
Land to be acquired
Asking Price Includes
80% stake of the project.
Asking Price
INR 150.00 Cr
Minimum ticket size
INR 150.00 Cr
Reason
The entrepreneur plans to implement this project as a joint venture and intends to sell off an 80% stake to a potential investor at Rs. 150 Cr.
Licenses
Preliminary sanction for the project received from the state Government and the Local Panchayath
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
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