by Nilesh Yadav
and we will increase the capacity to 20 MW in coming 3 to 4 years.
Respected Sir,
We are a Pvt Ltd Company Incorporated in Pune, India.
We want to work in field of Green and non conventional energy to generate Green, Carbon free power in India.
We wish to work in solar power production, basically in Solar PV by setting up solar power plant.
We wish to set up a 2 MW solar pv power project in Rajasthan and we will increase the capacity to 20 MW in coming 4 to 5 years.
We need seed / start up capital / Private Equity / Venture Capital / Project Funding/JV etc. to start the project. Our minimum seed fund requirement is 250,000 us dollars and Current maximum funding requirement is 2.7 m us dollars.
By this way investor will be with us for long period of time @ 5 to15 years and he will get very satisfactory and good returns on his
investment with us over the period of investment time.
Total project completion time will be 6 to 9 months.
Business Objective--Set up of 2MW solar power plant in India.
Product--Clean Green Electricity, Power.
Seed Capital Requirement--250,000 USD TO 2.7 M USD.
Project Completion Time--6 to 9 Months.
Location---Jodhpur, Rajasthan.
Tax Shield in First Year--529,100 USD.
Revenue in 20 years--12,345,679.62 USD.
Expenses in 20 years--3,821,281.48 USD.
IRR--- Equity IRR-32% And Project IRR-24%.
Investment Period--5 Years to 15 years.
We will be great full to you if you could assist us in such kind of
valuable financial support to set up a solar power plant.
Kindly send us Procedure to avail loan funds/ venture capital from your organization.
Looking forward for healthy & long term business relationship with you .
Thanking You,
Yours faithfully,
Nilesh Yadav
the following are the benefits for solar power production in India--
Ø Accelerated Income Tax depreciation (80%) in the first year of commissioning for effective tax planning.
Ø Renewable Energy Certificates (REC) is deemed as a certificate of power generated from Renewable Energy sources and can be sold or traded to meet mandatory RPO targets.
Ø 80 (i) a -Benefit of Tax Holiday on income generated.
Ø CDM/Carbon Credits trading will bring in additional revenue.
Ø Flexibility in trading of the electricity generated (Sale to Electricity board/captive use/3rd party Sale/APPC REC).
Ø Less investment in manpower and administrative cost for Operations & No input fuel cost.
Ø Low cost of generation.
Ø The investment can be recovered over a period of 3–4 years.
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