An established Indian business house in Energy business has license to start construction of a greenfield hydro power project. It has similar two more licenses.
Our Company, with a vision of commissioning 7000 MW of power by 2020 in thermal, solar and hydro is a leading player in the energy sector from India. The Company is in advanced stage of commissioning over 5000 MW by 2017 of combined power assets at an estimated investment of INR 32,000 crores ( USD 5.15 bn). In addition to the above, the company is also developing over 6100 MW of capacity using conventional and non-conventional energy sources in India, Europe and the USA.
The details on the project will be shared with selected party only on execution of irrevocable NDA.
All governmental and local body clearances are in place for the first one. Its capacity is 100 plus MW. The other two are of different capacities.
India is the fourth largest consumer of energy in the world after USA, China and Russia but it is not replete with abundant energy resources. It must, therefore, meet its development needs by using all available resources.
This understanding helped our Company to focus on renewable energy in short-mid-term, and conventional energy for mid-long term. Secured supply chains, diversified customer base and focus on right technology for the geography is ensuring a risk mitigated growth.
Purpose of the funding is to Start construction of the project. The investors will be given equal opportunity to participate in managing the project(s). Investors may have bilateral opportunities subject to consonance with policy.
An experienced Team of Industry veterans with full life cycle experience of setting up hydro power projects, together as a Team, in India together is our USP.
Equity on offer could by 49 or 51 %.
RoI / IRR - we will maximise profits as our modus operandi is to optimise construction schedule with efficient monitoring and effective execution.
Desired investment installment schedule - Committed 100%
A consortium offer may be discussed.