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    Brief Notes: 50 MW Solar Power Plant Project at Tamilnadu

    Uploaded by

    Shailendra Kumar Verma
    This document provides details of a proposed 50 MW solar power plant project in Tamilnadu, India requiring total funding of approximately Rs 266.20 Cr (USD $39 million). The project has acquired 245 acres of land and partially completed various studies and permitting. The developers are seeking 75% debt financing of Rs 199.65 Cr and 25% equity investment of Rs 66 Cr to fund the project by March 2019.

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    Brief Notes: 50 MW Solar Power Plant Project at Tamilnadu

    Uploaded by

    Shailendra Kumar Verma
    169 views1 page
    This document provides details of a proposed 50 MW solar power plant project in Tamilnadu, India requiring total funding of approximately Rs 266.20 Cr (USD $39 million). The project has acquired 245 acres of land and partially completed various studies and permitting. The developers are seeking 75% debt financing of Rs 199.65 Cr and 25% equity investment of Rs 66 Cr to fund the project by March 2019.

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    Original Title

    50 MW Project Synopsis

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    This document provides details of a proposed 50 MW solar power plant project in Tamilnadu, India requiring total funding of approximately Rs 266.20 Cr (USD $39 million). The project has acquired 245 acres of land and partially completed various studies and permitting. The developers are seeking 75% debt financing of Rs 199.65 Cr and 25% equity investment of Rs 66 Cr to fund the project by March 2019.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    169 views1 page

    Brief Notes: 50 MW Solar Power Plant Project at Tamilnadu

    Uploaded by

    Shailendra Kumar Verma
    This document provides details of a proposed 50 MW solar power plant project in Tamilnadu, India requiring total funding of approximately Rs 266.20 Cr (USD $39 million). The project has acquired 245 acres of land and partially completed various studies and permitting. The developers are seeking 75% debt financing of Rs 199.65 Cr and 25% equity investment of Rs 66 Cr to fund the project by March 2019.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Brief Notes: 50 MW Solar Power Plant Project at Tamilnadu

    Sub: Funding/investment required for upcoming 50 MW Solar Energy Project at TamilNadu

    Folowing are the details of the project and developments so far

    Project Details :

     Name of the project : Solar Energy Project


     Customer Name : TANGEDCO (Electricity Board of TamilNadu)
     Location of Project : TamilNadu
     Project Capacity : 50 MW
     Land required : 245 Acres (acquired)
     Total project cost (approximate) : Rs 266.20 Cr
     PPA tariff : Rs 3.47/ per unit
     COD : March 2019

    Current Status of Project

     Concept development & site identification : Completed


     Land acudui : Completed
     Feasibility study : Partially done and in process
     PPA : Done
     Permitting, Financing : Partially done and in process
     Local Boby Clearnce : Approved
     Local Flow Study : Partially done and in process

    What we are looking for :

     Investors / Equity Partner : for provisioning of 75% funds on loan terms basis or Equity
    partnership basis.

     Project Approximate Cost : USD $ 39 Million (INR 266.20 Cr)

     Funds Required Stages :

    I. Debt 75% : Rs 199.65 Cr / USD $ 29 Millions


    II. Equity 25% : Rs 66 Cr / USD $ 9.75 Millions

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