1 MW Solar Project Seeking Funds In Siwan
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About Business
The opportunity involves developing a 1 MW solar power project on a strategically located 38,000 sq. ft. parcel of land in Siwan, Bihar. The site is situated within 500 meters of an 11 kV transmission line and within a 5 km radius of a 33 kV power substation, making it well-suited for solar power generation and grid connectivity.
The agricultural land is connected by a 15-foot paved road, ensuring easy accessibility for construction, maintenance, and logistics. The proposed project structure involves mounting the solar plant approximately 10 feet above ground level, enabling efficient utilization of the land while preserving its long-term value.
The promoters are seeking a joint venture or strategic investment partner to develop and operate the solar project, leveraging the site's favorable infrastructure and location advantages.
Clientele type
Potential end-users of the generated power may include state utilities, commercial establishments, and industrial consumers, subject to applicable power purchase agreements and regulatory approvals.
Premises
OWNED
Premise Size: 38000 sq ft
Market Value (in INR): 1.50 Cr
Asking Price Includes
The stake offered will be discussed and finalized with potential investors
Asking Price
INR 5.00 Cr
Minimum ticket size
INR 1.00 Cr
Reason
The promoters are seeking a joint venture or strategic investment partner to develop a 1 MW solar power plant on the available land. The property will be offered on a long-term lease of up to 25 years, with the expectation of generating stable annual lease income of approximately ₹10 lakh while enabling sustainable utilization of the agricultural land.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience
