Upcoming Solar Power Project Raising Funds In Ahmedabad
About Business
The project is focused on setting up a solar power plant on owned land, to be operated under a private limited company structure. Initial planning has been completed, and the project is ready to move into the next phase.
Project Details
The plant is planned on a land parcel of around 10 bigha. The location has already been finalized, which allows the project to move ahead without delays related to site selection.
Approvals
Key approvals for the project are already in place, helping reduce the time required to begin execution.
Promoter Background
The promoter has been running a business in the distribution of photocopy and xerox machines across Gujarat since 2004. This long-standing experience reflects stability and familiarity with managing operations and business relationships.
Rationale for Expansion
The decision to enter the solar sector comes from a combination of available land and existing industry contacts. This makes the transition into the new segment more practical and manageable.
Opportunity
With land secured and approvals obtained, the project is in a position to move forward smoothly. It presents an opportunity to be part of a new venture in the renewable energy space with basic groundwork already completed.
Clientele type
The power generated will be supplied directly to the government.
Premises
OWNED
Premise Size: 10 Bigha
Market Value (in INR): 4.00 Cr
Asking Price Includes
The terms of the transaction will be discussed with interested investors.
Asking Price
INR 1.00 Cr
Minimum ticket size
INR 1.00 Cr
Reason
The founder owns land suitable for a solar plant and is seeking investors to support installation and start operations.
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