Outcomes, not promises.

The challenge

MSRTC is evaluating a portfolio of 200+ bus depots and bus stations across Maharashtra for monetisation. For the Lonavala bus station — a prime 7,200 sq mtr hill-station site — the corporation needed an independent answer to one question: can the asset fund its own world-class redevelopment while generating long-term value, without burdening the exchequer?

Our approach

We ran a detailed feasibility across technical configuration, market demand and transaction structure — testing a Design-Build-Finance-Transfer-Lease (DBFTL) concession where the private partner rebuilds the bus station and develops a hospitality asset on the surplus parcel. A full financial model (construction, revenues, operating costs, financing, returns and sensitivities) benchmarked concessionaire returns against bankability floors and quantified the value flowing back to MSRTC.

The challenge

As part of the same 200+ depot monetisation programme, MSRTC needed to know whether the Talegaon bus station parcel could be redeveloped commercially under a DBFTL concession — or whether tendering it as-is would invite failed bids and stranded obligations.

Our approach

We assessed site potential and local market absorption, structured and stress-tested three alternative concession configurations, and built the full financial model — project cost, financing, revenue forecasts, IRR/NPV, sensitivity and breakeven analysis — to test each option against minimum bankability floors.

The challenge

A developer had won a standalone BESS tender but lacked the cell-to-container engineering depth and lender-grade documentation to reach financial close within the SECI timeline.

Our approach

Our advisory desk delivered the complete detailed design — cell selection, PCS/EMS architecture, augmentation strategy and degradation modelling — alongside an independent-engineer-ready DPR and tariff stress tests for the lender syndicate.

The challenge

An industrial park consortium wanted to slash grid power costs but had fragmented rooftops, constrained land parcels and a hard commissioning deadline tied to open-access approvals.

Our approach

We executed turnkey EPC — layout optimisation across roof and ground parcels, BESS integration for evening-peak shaving, and a QA/QC and HSE regime enforced through weekly contractor scorecards.

The challenge

A 600 MW renewable cluster risked stranded generation: the evacuation corridor crossed forest patches and two river beds, and grid-connectivity studies had stalled with the STU.

Our approach

Our transmission desk re-ran power system studies, redesigned the route with optimised tower spotting to minimise forest diversion, and engineered the 220 kV GIS substation with protection and SCADA schemes to CEA standards.

The challenge

A growing IPP needed cheaper, longer-tenor capital but had no green financing framework, no impact-quantification methodology and limited credibility with sustainability-focused investors.

Our approach

We authored a sustainability-linked financing framework aligned to international principles, built the MRV methodology for avoided-emissions reporting, and ran the second-party-opinion process end to end.

The challenge

An RTC portfolio blending solar, wind and storage had a complex cash-flow profile that standard lender models penalised, threatening the sponsor's target equity returns.

Our approach

Our syndication desk rebuilt the financial model around hourly dispatch simulations, prepared the information memorandum and data room, and negotiated structure and covenants across a five-lender syndicate.

The challenge

A hyperscale-grade data center campus needed near-24/7 carbon-free power with strict reliability SLAs — beyond what a vanilla solar PPA could deliver.

Our approach

We structured a blended supply stack: hybrid RTC PPA, on-site BESS for ride-through and peak management, and an EMS-driven optimisation layer — negotiated across generators, discom and open-access approvals.