Hydro Power Project Available for Acquisition in Kerala
About Business
The company has been allotted site for development of Hydro Power project in Idukki district in Kerala. The feasibility study has been done. The site has potential to develop 2 MW to 3 MW hydro power project. The head available for Hydro Power Project is around 100 meters and water availability is plenty. The PPA rate is INR 5.50 per unit for 30 years tenure. The estimated annual power generation could be 12-15 million units for the project. There is capital subsidy available of INR 1 crore per MW. The company can arrange project finance for the investor in 70-30 debt-equity mode. The Hydro Power project revenue projection would be INR 5 crores to INR 6 crores. The asking price for the project is INR 16 crores to INR 20 crores depending upon the investor choice for project size. (2 MW to 3 MW)
Reason
Investment
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