A contact of EAI is looking for an investor to assist them financially for a 15 MW biomass power plant.
What he is looking for is a capital infusion to the extent of 25 crores, as he has already completed most of the rest.
The promoter is an established entrepreneur who knows his business, and most important, has an attractive PPA with the state electricity board for power purchase at tariff upwards of Rs 7 per kWh. In addition, he has done a good job of ensuring that the biomass supply at excellent prices.
Overall, it appears to be quite a profitable opportunity and should be of interest to private equity investors keen on adding a profitable biomass power plant of a reasonable size to their portfolio.
Highlights
- Power plant is being set up in Maharashtra, and most of the plant construction has already been completed
- Has a strong 13 year PPA, tariff Rs 7.5/kWh for 13 years with state discom.
- Plant in strategic location for feedstock availability
- Have agreements with the local distributors and farmers for resources.
- Total project cost: Approx Rs 100 crores (about $16 million), required infusion: 25 crores (about $4 million)
Investors keen on exploring this opportunity may kindly send in their enquiry to narsi[at]eai[dot]in or call me at +91-9952910083
Thank you.
Also check out: EAI Consulting for Bio-energy & Biofuels, Bioplastics & Other Biomass-based Value Added Products
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Dear Sir,
We – Green Power International Pvt. Ltd. – are distributors of Gas Based Gensets in India. We have installed more than 400MWe gas gensets in India. Gas Gensets can be operated on Bio Gas, Producer Gas, Syn Gas, Natural Gas. We are interested to participate in the project. Please let us know more details about the same on email provided.
Regards, Sunil Wadekar
Green Power International Pvt. Ltd.
Pune
Cell : 9960674359 / 9850045426
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Dear Sir
We are looking for investor that willing to invest building a 12MW biomass plant in Malaysia.
Approval from the relevant agencies has been sought and now waiting for investor to come and build the plant and buying over the land required for the site which are very near to the grid.
IRR is 44 percents at seven years.
Kindly contact or whats app me at 60109659115.
Regards.
Juraimi Haji Abdillah