Acquire a ready-to-go major coal energy project that will help meet India’s rapidly developing power requirementsThe Business
The Project is a 1320 MW coal-based thermal power generation project to be located in one of the south Indian states. The Project has acquired land, water and other essential licenses required for financial closure and to start construction. The total property covers almost 1,100 acres. Fuel will be domestic coal transported to the site by rail. Water supply has been permitted from a river source. The Project will require about 48 months of construction from “zero date”. The total finished project cost is estimated at $1.5 billion.
Market
The Promoter/Owner, a reputable construction and large-scale real estate business, intends to exit this Project through sale of its interest in it and focus on other development projects that include a gas-based thermal power project and a solar project.
Sector: EnergySegment: Coal Power PlantRegion: IndiaFinancing Size: More than $100mContact: Syamala Oruganti
Company: Andal Financial Services LimitedTelephone: +91 9849 107 722Email: [email protected]