Solar Power Project Raising Funds In Honmurgi
About Business
This proposal is for setting up a 2 MW solar power plant on agricultural land that is already in use. The project is planned as a long-term renewable energy venture with stable income potential and low operational risk.
Project Details
The solar plant will be developed on land owned by the owner.
Current Land Usage
The land is currently used for farming and generates an annual income of approximately INR 6–7 lakhs. while also having the capacity to generate higher returns through solar development.
Investment Structure
The project will follow a shared investment model. The promoter will invest 10% of the total project cost, while the remaining amount will be raised from investors.
The project will be in Honmurgi, which is near Solapur
Clientele type
The local electricity board will be the primary offtaker for the project.
Premises
OWNED
Premise Size: 7 acre
Market Value (in INR): 1.50 Cr
Asking Price Includes
The transaction terms will be discussed in detail with interested investors at a later stage.
Reason
The landowner is already engaged in farming and plans to develop a solar power plant. At this stage, the promoter is seeking a minimum investment of ₹50 lakhs, with the option to raise additional funds later based on project progress.
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