Equity Investments In Renewable Energy Projects
Following are the different services that we render:
- Invest our own capital on experienced and strategic partners
- Secure debt financing
- Supervise and evaluate project construction, commissioning and operation
- Exit developing as well as commissioned projects to attract long-term investors and power producers
We accept proposals for investments from wind IPPs, biomass-based power projects, small hydro power projects and co-generation projects from the sugar & steel industries.
Some of the preconditions for investment are:
- The promoters should be experienced and resourceful
- Our minimum size of investment in a project is € 1.0million
- Project should be eligible for registration under the UNFCCC as a CDM project
Till date, we have invested in two biomass-based power projects of 15 MW each in Maharashtra. We are further seeking to invest in more biomass-based power projects that are going to set in the states of Haryana and Punjab. Our biomass-based power generation capacity is expected to have reach 175 MW. We have also invested in a 45 MW independent wind power plant in Maharashtra. All these projects are going through implementation.
We focus on management of preliminary stage projects for commissioning.
We provide the following for project promoters:
- Identification and evaluation of the ideal project site locations and necessary negotiation with land owner
- Comprehensive due diligence with global experts for studies to evaluate the viability and feasibility of potential power production
- Environmental impact assessment
- Estimation of the project costs and time scale
- Identification and negotiation of the "Engineering Procurement and Construction" (EPC) contract
- Liaison and negotiation with government / state utilities for a Power Purchase Agreement and necessary permissions for the project approval
- Identification and negotiation of technology and equipment supply
- Identification and negotiation with potential third party power purchasers
- Secure project funding that also involves identification of investment partners for equity and debt project financing
- Co-investment with institutional partners and banks
- Ongoing operation, maintenance and management of the power projects
- CDM development: PDD writing, host country approval, coordination with DOEs for validation, registration and verification
- Distribution of carbon credits