Investors

KYRA PHOTOVOLTAIC represents a compelling opportunity

in India's expanding renewable energy market, combining stable returns with meaningful environmental impact:
20MW of operational solar capacity with proven performance history.
Land and approvals secured for expansion to 100MW, providing clear path to 5x growth.
Long-term Power Purchase Agreements (15-25 years) with creditworthy industrial consumers ensure predictable cash flows.
Strategic and financial backing from the established KYRA PHOTON group enhances development capabilities and risk profile.
Operating in India's rapidly growing renewable energy sector with strong governmental support and increasing industrial demand for clean power.
Business model directly contributes to environmental sustainability and climate action, meeting growing investor focus on ESG credentials.

This combination of stable operations, clear growth trajectory, and positive impact positioning creates a balanced investment profile with both financial and sustainability benefits.

Business Model

Our business model centres on three core elements:
We identify optimal locations, secure land and permits, and develop high-quality solar installations designed for maximum long-term performance.
Through structured PPAs, we sell generated electricity directly to industrial consumers, typically at rates competitive with conventional power while providing price stability benefits.
Our comprehensive operations and maintenance programs ensure consistent performance, optimizing both energy output and equipment longevity.

This integrated approach allows us to create value at each stage of the asset lifecycle, from initial development through decades of operation. The resulting portfolio generates predictable long-term cash flows backed by contractual agreements with established industrial partners.

Growth Strategy

Our expansion from 20MW to 100MW follows a disciplined growth strategy focused on value creation:
Prioritizing projects with optimal solar resources, strong grid connectivity, and proximity to industrial demand centres.
Spreading capacity across multiple regions and serving diverse industrial sectors to manage geographic and consumer concentration risk.
Selectively incorporating proven advancements in solar technology to enhance performance while maintaining reliability.
Forming relationships with key industrial associations
Evaluating select wind energy opportunities that complement our solar portfolio and enhance overall generation profile.

This measured approach to growth ensures we maintain our quality standards and operational excellence while significantly scaling our capacity and impact.

Capital Structure
KYRA PHOTOVOLTAIC maintains a balanced approach to capital management, combining equity investment with appropriate project financing to optimize returns while managing risk. Our typical structure includes:
Significant equity contribution from sponsors and investors provides foundational support and demonstrates commitment.
Non-recourse or limited-recourse debt at the project level, typically comprising 60-70% of total project costs.
Where available, accessing green bonds and sustainability-linked loans that align with our environmental impact.

This approach allows efficient capital deployment while maintaining financial stability. As we execute our growth plan, we continue evaluating optimal financing structures that balance leverage, cost of capital, and operational flexibility.

Investment Opportunities
For investors interested in participating in our growth journey, we offer several potential engagement models:
Direct investment in specific solar installations, with returns linked to individual project performance.
Strategic participation at the KYRA PHOTOVOLTAIC level, providing exposure to our entire portfolio and growth pipeline.
For qualified institutional investors, participation in project financing through structured green bonds.

Each opportunity includes comprehensive reporting on both financial performance and environmental impact metrics, ensuring investors maintain visibility on all aspects of their investment outcomes.