Sibas Infrastructure Pvt. Ltd.

22/01/2015

04/01/2015

We solicit overseas investors to raise US $ 25.00 Millions. US $ 11 Million equity for Solar Power Plant & US $ 14 Million equity for OMR Villa project.

Solar Power Plant - 10 MW Solar Power Plant is under ex*****on in Tamilnadu, India. Project cost is Rs.125.10 crores. Tamilnadu Electricity Board is offering Rs.7.01 Per Unit. Plant is expected to produce 2,77,20,000 units yearly which will give a return of Rs.19.43 crores.

OMR Villa Project - at Sholinganallur - IT Hub of Chennai - is another scheme right now. We plan 140 Villas in 2 Phases. Phase I, consists of 70 Villas costing Rs.156.80 crores.

04/01/2015

INTRODUCTION

MANGALAM SOLAR POWER PLANT - A unit of : SIBAS INFRASTRUCTURE PVT. LTD., CHENNAI

Tamilnadu State has progressed well in Industrial Sector compared to other States in India, but it has not come up in the Power Sector to meet the requirements.

There are many Thermal Power Stations, Hydro Electric Power Plants, Nuclear Power Plants in the State with an installed capacity of 14000 MW. There is a shortage of 4000 MW in installed capacity. Actual production is around 9000 MW only. Government is buying power from other states to meet the urgency at exborbitant rates.

Wind Power and Solar Power only can come to the rescue. Tamilnadu Government is therefore, encouriging both Wind Mill and Solar Power Plant Companies.

Recently, Tamilnadu Government has increased the buying rate of Solar Power and has fixed the rate @ Rs. 7.01 per unit for Solar Power with 10% increase every 3 years.

While Thermal and Nuclear Power Plants need heavy fuel cost to feed the plants every day, Solar Power does not need any such expenses once the plant is installed.

Though Private buyers are offering more than Rs.12/- per unit for Solar Power, we have tied up with Tamilnadu Electricity Board who has promised to lift the full production at the above indicated price.

PROJECT ASSESSMENT

We plan to set up the plant in a village called Mangalam in Maduranthakam Taluk, Kancheepuram District, Tamilnadu.

Mangalam Village is connected with Maduranthakam - Uthirameroor State Highway. Chennai - Madurai National Highway is 9 Kms away from site. Chenglepet Railway Junction is 15 Kms away from the site.

Land has red soil and soil testings have been carried out the suitability for Solar Plant. Proposed site is a dry Land and ideal for Solar Power Plant. Sunlight is falling straight on the site and hence Solar Energy can be expected through out the year.

Ground water is available in plenty from open wells. Deep bore wells also can be sunk. Water is pure and villagres use the same for drinking purpose.

There is a Tamilnadu Electricity Board sub-station within 2Kms radius and hence connecting our plant to TNEB grid is easy.

Wind speed and rain fall also are minimal in this area. From the survey conducted, it has been found to be most suitable site for Solar power Plants.

Skilled and semi-skilled labour are available in and around the proposed village. Six qualified and experienced Engineers are to be outsourced.