A South India based solar EPC company is looking to raise strategic funding.

It is a Solar Engineering, Procurement & Commissioning company based in South India incorporated in the year 2013.

Services:

Solar solutions business with primary activity of:

1. Engineering, Procurement and construction for Governments, Industries, Societies, Residential spaces etc.
2. Rooftop & Ground mount solar
3. Photovoltaic solar systems

Highlights:

1. Total number of Projects Completed: 756
2. Average project completion time: 45 Days
3. Average project size (in MW) for government: 0.5 MW
4. Average project size (in MW) for industries: 2.1 MW
5. Average project size (in MW) for residential sectors: 0.006 MW
6. Proportion of revenue from rooftop solar vs. ground-mounted solar projects: 60%-40%
7. Proportion of revenue by client type:
   1. Institutional or governements: 50%
   2. Private or industrial: 40%
   3. Individual or Residential: 10%

End use of funds:

• Capital Expenditure: INR 1.8 crores  
• Working capital: INR 8.2 crores

Note:

The decline in FY24 revenue is due to the billing timeframes, which are expected to yield results once the project is completed this year.

Business Divisions

Solar EPC