WINDFARM-TURNKEY PROJECT MANAGEMENT SERVICES
WINDFARM - OWN PROJECT :
Mideast owns one windmill at Village Veerapatti,
Taluka: Palladam, Dist: Coimbatore, State: Tamil Nadu. The existing
windmill is generating average 4,60,000 units of electricity per
annum. This windmill is under operation since 1996. With our very
own successful experience of owning a wind mill, we recommend
clients to make long term investments in this area. Contact us
for detailed business plan.
WINDFARM-TURNKEY PROJECT MANAGEMENT SERVICES:
Mideast offers following services:
1. Total Project Commencement/Management to:
Ø Select most suitable land at reasonable cost.
Ø Ensure registration of land ownership documents.
Ø Identify supplier of windmill machine
Ø Supervision of Erection & Commissioning of windmill.
Ø Ensure Government NOC documents
Ø Ensure Power Purchase Agreement.
Ø Ensure Annual Maintenance contract.
Ø Obtain proper Insurance policy.
Ø Open Bank account to receive monthly payments from TNEB.
The project management (one time) fee is 2% of the cost of the
project plus Out of pocket expenses.
2. Annual Project Maintenance to:
Ø Ensure raising invoice for power generation.
Ø Ensure weekly reading of power generation.
Ø Collect funds & deposit money in clients account.
Ø Remittance of money abroad for payment to the sponsor.
Ø Ensure Annual Maintenance & Insurance policy.
Ø Maintain the books of accounts as per the Indian law.
Ø Ensure to avail Tax benefits like Depreciation, tax free
Ø File income tax returns to ensure "No tax for first
Ø Any other services related to this project.
The annual service charge is 3 % of the net revenue per annum.