Invest in a Government-Backed Rooftop Solar Project with 25-Year PPA

Project Overview

An established Indian renewable energy company with over 10 years of experience in the development, EPC and operation of solar energy projects is seeking debt financing for a government-awarded 1.14 MW grid-connected rooftop solar project.

The project has been awarded under the RESCO model and is backed by a 25-year Power Purchase Agreement (PPA) with Indian Railways, providing long-term contracted revenue visibility. It forms part of an approximately 5 MW awarded solar project pipeline.

Key Highlights

• 1.14 MW awarded rooftop solar project

• Rs.6.64 Crore total project cost

• 75–80% debt financing requirement

• 25-year PPA with Indian Railways

• 90%+ projected EBITDA margin

• Project already awarded with Letter of Acceptance issued

• Approximately 5 MW of total awarded project pipeline

• Experienced sponsor with 430+ solar projects executed and 250+ O&M sites

Transaction Overview

The Company is seeking a long-term project financing facility covering approximately 75–80% of the project cost. The proposed financing is expected to be structured as a long-term amortising facility aligned with the project's contracted cash flows.

Financing Rationale

• Government-backed, long-term contracted revenues

• 25-year PPA providing predictable cash flows

• Awarded project with reduced development and bid-stage risk

• Experienced Indian renewable energy sponsor

• Strong project economics with projected EBITDA margin above 90%

• Potential for repeat financing across the Company's approximately 5 MW awarded pipeline