An Energy and Environment (solar power asset) entity from India is looking for sellout.

Posted By - Investment Banker Posted date - 07/01/2022

BUSINESS BRIEF

  • It’s solar power asset in Telangana & Himachal Pradesh. The location of the plant is easily accessible and Infrastructure is very well developed.
  • The PPA was executed for 25 years.
  • The two solar Plants of 8.24 MW & 2.4 each, totaling 10.64 MW is available for acquisition.

ASSET SUMMARY:

S.No.

Particulars

1st Plant Telangana

2nd Plant Himachal Pradesh

1.

Capacity in MW (DC)

8.24 MW

2.4 MW

2.

Commissioning year

12.05.2015 (1MW) & 30.11.2016 (6MW).

2019

3.

PPA Tenor

25 Years

25 Years

4.

PPA With

Telangana State Renewable Energy Development Corporation Ltd., (TSREDCO)

HPSEBL

5.

PPA Rate

Rs. 6.59 per unit

Rs. 4.25 per unit

 

6.

Substation and Capacity / voltage of transmission lines from site to s/s.

132/33KV Habsipur substation & 33 KV voltage

JMR Meter reading at plant end (11kv line)

7.

O&M Cost

Rs. 60.00 lacs p.a. (Rs. 7.28 lacs per MW)

Rs. 11.00 lacs p.a. (Rs. 5 lacs per MW)

8.

PLF (%)

17.28%

16.79%

9.

Average Generation

15 lacs units per MW

14.70 lacs units per MW

10.

Asking Price (All Inclusive)

Rs. 65.00 cr

Rs. 14.00 cr

11.

Reason for Sale of said Assets in Brief

We are solar power developers and Looking for an alternative site

12.

Make

 

Central Inverters/outdoor inverter

ABB 1MW & SMA 100 NOS. OF 60KW

DELTA 25 NOS. OF 88KW

Panel

1MW Thin-film & 6MW polycrystalline solar panels Dupont Apollo – 1MW & Canadian Solar – 6MW

ADANI 325w solar panels polycrystalline

No. of Modules

22533+8019

7380

Financial Information:

Particulars

Telangana

Himachal Pradesh

Revenue for FY 2020-21

822,00,000

150,00,000

PPA Rate (Rs. )

6.59

4.25

Annual Generation (Units)

124,73,445

35,29,412

Capacity (MW)

8.24

2.40

Generation Per MW (Units)

15,13,768

14,70,588

PLF%

17.28%

16.79%

GENERATION TRACK RECORD:
Telangana Project                                                                                                     

Month

2018-19

2019-20

2020-21

April

1150480

1191430

696410

May

1192900

1032320

1120200

June

1157090

1120090

1089100

July

848920

897900

932310

August

808030

812490

905030

September

1080520

874610

947430

October

1051280

856100

856100

November

1224030

861670

1097090

December

881820

958230

969340

January

1140930

961750

1086680

February

1118700

1052040

1166500

March

1130080

1632120

1544526

Total

12784780

12250750

12416146


Himachal Pradesh project

Month

2018-19

2019-20

2020-21

2021-2

April

      -

302458

324510

341850

May

      -

293160

318820

287100

June

      -

338628

291838

 

July

      -

224583

262465

 

August

      -

241491

216306

 

September

      -

217842

277773

 

October

      -

254479

296607

 

November

166950

186748.5

231319.5

 

December

369975

182260.5

238228.5

 

January

305083

199431

220886

 

February

199999

251910

264096

 

March

312034

279730

319500

 

Total

1354041

2972721

3262349

628950

YEARLY RECEIPT:
Telangana project:

YEAR

TOTAL SALE (Rs. In CR.)

Annual O&M (Rs in LAKH)

2018-19

84251700

6000000

2019-20

80732443

6000000

2020-21

81822402

6000000

   

 

 

 

 

 

 

 

 
Himachal Pradesh:

YEAR

TOTAL SALE (Rs. In CR.)

Annual O&M (Rs in LAKH)

2018-19

5754680

1100000

2019-20

12634072

1100000

2020-21

13864902

1100000

2021-22
(till may)

2673037

 

 

                                          

Proposal
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Industry

Energy and Environmental

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Sub Industry

Solar Power Generation (Renewable)

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Deal Size

INR 79 - 80 Cr

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Motives For Sellout

Raising Capital, Strategic Realignment

Business Operation Information
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Industry

Energy and Environmental

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Sub-Industry

Solar Power Generation (Renewable)

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Division

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Division`s Buyers/Customers

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Division`s Products/Services

Financial Information
2019 (in Cr) 2020 (in Cr) 2021 (in Cr) 2022 (in Cr)
Sales
N.D N.D N.D N.D
EBITDA
N.D N.D N.D N.D
PAT
N.D N.D N.D N.D
TOTAL DEBT
N.D N.D N.D N.D
Business Documents

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