Solar Power Plant Seeking Loan in Sagar, India

- The business is involved in the development and operation of a (2x2) 4 MW solar power plant under PMKUSUM component 'A'.

- The project is aimed at generating green energy locally, reducing the burden of agriculture electricity subsidies and dieselization, and has multiple revenue streams.

- The project is located in Madhya Pradesh, India, and has had a power purchase agreement with DISCOM MPPMCL for 25 years.

- The agreement is for INR 3.07 per unit and we will be generating INR 70-80L by selling a unit in a year.

- Forecasted revenue is INR 2.4cr annually and have around 30% as operating costs.

- The business offers EPC and O&M services for solar power plant installation and maintenance, respectively.

- The project has multiple revenue streams, including green electricity sales, cultivation of super napier grass, carbon credits, and solarcoin rewards for solar energy production.

- The business has secured funding for the project and is in the implementation stage.

- The project is expected to have environmental benefits such as carbon dioxide offset, equivalent acres of forest, coal burn avoided, and petrol consumption avoided.

- The project is also expected to have employment generation benefits, with 10 employees per 2 MW solar power plant.

- The company is recognized by the start-up India program.

Carbon credits are generated by the solar power plant which will be worth INR 40-50L in a year.

- We will be building solar panels, electrical equipment, such as inverters and transformers, and raised structures for solar panel installation.

Green electricity is generated by the (2x2) 4 MW solar power plant.

Cultivation of super napier grass.

Carbon credits are generated by the solar power plant.

Solarcoin rewards solar energy production.

EPC (engineering, procurement, and construction) services for solar power plant installation.

O&M (operations and maintenance) services for solar power plant maintenance.

Tangible assets:

- Includes a land area of 12 acres.

Intangible assets:

Power purchase agreement (PPA) with DISCOM MPPMCL for 25 years.

Intellectual property related to the development and operation of the solar power plant, including any proprietary technology, processes, or methods used.

12 acres of land in Sagar, Madhya Pradesh which is owned by the business.

The business has 2 owners and the shareholding is held within the family.

There are no loans or any other kind of liabilities in the business.