2 MW Solar Power Project Seeking Investment in Tamil Nadu
About Business
A Tamil Nadu-based renewable energy project is seeking investment for the development of a 2 MW solar power farm planned in Pudukkottai. The project is currently in the planning and development stage, with discussions underway with solar EPC developers and technical partners for execution.
The project is structured as a Limited Liability Partnership (LLP) and is being developed on approximately 6 acres of owned land, significantly reducing initial land acquisition costs and improving project viability. The promoters are planning to finance the project through a combination of debt and equity, with an estimated structure of 70% debt funding and 30% investor equity participation.
Project Overview
- Proposed 2 MW solar power generation project
- Located in Pudukkottai, Tamil Nadu
- Project currently in planning and pre-development stage
- Land parcel of approximately 6 acres already owned by the promoters
- Discussions in progress with developers and project execution partners
- Revenue model based on long-term electricity supply agreements with industrial and commercial consumers
Clientele type
Selling electricity to other companies under Power Purchase Agreements (PPAs)
Premises
OWNED
Premise Size: 6 acres
Market Value (in INR): 11.00 L
Asking Price Includes
Stake Offered to be discussed with potential investors.
Asking Price
INR 2.50 Cr
Minimum ticket size
INR 50.00 L
Reason
The promoters are seeking strategic equity investors to support project development, infrastructure setup, and execution of the solar power project. The investment will help accelerate project implementation and capitalize on the growing renewable energy market in India.
Licenses
Not registered yet, no licenses held
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
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