Niccau Renewable Energy Limited + Halix Bharat Limited Group & Associates Consortium

Own the sun. Own the wind.
Own the power that moves India.

Partner with Niccau Renewable Energy and Halix Bharat Limited to build Solar, Wind and Hybrid power projects that fuel the entire Halix ecosystem — EV charging, battery swapping, green hospitality, grid export, and green hydrogen. One investment. Seven revenue streams. Profit for life.

25%
Your investment
of project cost
50%
Your equity
in the SPV
50%
Funded by
consortium debt
7+
Revenue streams
from one project
Exit
Any Time
Full liquidity right
with buyout option

Your energy powers everything.

Power generated from your project doesn’t sit idle. It flows directly into the Halix & Niccau ecosystem, creating multiple monetisation channels — each earning independently.

⚡
EV Charging Stations
DC-to-DC direct power feeds Halix EV charging stations across the national highway network. Zero intermediary loss. Maximum charging efficiency.
DC → DC Direct Supply
🔋
Battery Swapping Network
Your renewable power charges the smart battery packs used in Halix’s swap network. Every swap transaction earns. Every charged pack is yours.
Halix BaaS Battery Charging
🏨
Global Executive Club Limited
The Halix Group’s premium hospitality brand sources 100% of its power requirement from the renewable network — your project powers five-star experiences.
Captive Hospitality Supply
🌐
Sale to C & I Clients
Excess generation is sold to the Commercial and Industrial customer under medium term and long-term Power Purchase Agreements (PPAs) at guaranteed tariffs. Baseline revenue, zero demand risk.
PPA · Grid Tariff Income
🔆
Standby Energy Storage
Peak excess power is stored in BESS (Battery Energy Storage System) for later dispatch during high-demand / high-tariff windows — maximising revenue per unit.
BESS · Peak Arbitrage
💧
Niccau Green Hydrogen Pvt Ltd
A guaranteed off-take agreement with Niccau Green Hydrogen — excess renewable power is sold for green hydrogen electrolysis, attracting a premium rate above grid tariff.
Guaranteed Offtake · Premium Rate
Power Flow — Your Project to Revenue
Your Project
Solar / Wind / Hybrid
→
Niccau RE
Energy Hub
Aggregation + BESS
→
⚡ EV Charging
🔋 Swap Batteries
🏨 Hospitality
🌐 Grid Export
💧 Green Hydrogen
→
Your 50%
Quarterly Profit

25% Investment
50% Profit Share.

Every Renewable Power project is structured as an independent SPV. The capital stack is straightforward — transparent, auditable, and designed to give you maximum returns for minimum exposure.

25%
25%
50%
You
25% equity capital
Consortium
Niccau + Halix + Group
Debt
Bank project finance
Your Contribution
25% of project cost
Paid as equity into SPV • No personal loan • Liability limited to your equity
Consortium Contribution
25% of project cost
Niccau Renewable Energy + Halix Bharat Limited + Group & Associate partners
Debt Financing
50% of project cost
Term loan in SPV’s name • Serviced from project revenue • Zero liability on your personal balance sheet
What you get for 25%
50% Equity
i.e. 50% Profit Share
→ 50% ownership in a registered Private Limited SPV
→ 50% of all project profits, distributed quarterly
→ 7+ revenue streams flowing into your profit pool
→ Guaranteed offtake from Niccau Green Hydrogen
→ REC (Renewable Energy Certificate) income
→ Carbon credit monetisation
→ Exit any time — full liquidity right

Investment Range by Project Type

Type Project Cost Your 25%
☀ Solar Power Project ₹400 L – 500 Lakhs/MW ₹100L – 125 Lakhs/MW
☀ Solar AgroVoltaic Farm ₹600 L – 700 Lakhs/MW ₹150L – 175 Lakhs/MW
💨 Wind Power Project ₹20 Cr – 25 Cr/Wind Mill ₹5Cr – 6.25Cr/Wind Mill
⚡ Solar + Wind Hybrid ₹40Cr – 50 Cr / Project ₹10C – 12.5Cr / Project

Seven ways your investment earns.

Unlike a single-purpose investment, every Halix Power Project taps into multiple independent revenue sources. Even if one channel softens, six others keep generating income.

1
EV Charging Revenue
Power sold to Halix EV charging stations at agreed DC-to-DC tariff. Usage grows as the EV network expands.
Per Unit
2
Battery Swap Charging
Revenue from charging smart battery packs for the Halix BaaS (Battery-as-a-Service) swap network across highways.
Per Cycle
3
Global Executive Club Supply
Fixed-rate captive supply agreement with Global Executive Club Limited for all hospitality power needs. Guaranteed off-take.
Fixed PPA
4
Sale to C & I Customer
Excess power exported to Commercial and Industrial customer under Medium Term / Long-Term Fixed Price PPA rates.
Grid Tariff
5
BESS Peak Arbitrage
Store surplus power in BESS during off-peak hours, sell during peak-demand hours at higher tariffs. Smart revenue optimisation.
Peak Premium
6
Niccau Green Hydrogen Sale
Guaranteed off-take from Niccau Green Hydrogen Pvt Ltd for electrolyser power — commands a premium above grid parity.
Guaranteed Offtake
7
REC & Carbon Credits
Every unit of renewable energy earns Renewable Energy Certificates (RECs) and carbon credits, tradeable on national markets.
Market Traded

Solar. Wind. Hybrid. All three.

Niccau Renewable Energy installs, commissions, and manages the plant. You own your 50% stake.

☀

Solar Energy

Ground-mounted or rooftop photovoltaic systems. Fastest to commission (60–90 days). Ideal for land owners, industrial roof owners, and highway-adjacent properties. Rooftop starts from ₹25 lakhs. Ground-mounted farms scale from 500 kWp to 10 MWp.

  • ✓ Land requirement: 4–5 acres per MW
  • ✓ Generation: 1,400–1,600 units/kWp/year
  • ✓ Lifespan: 25+ years with performance guarantee
  • ✓ BIS & IEC certified modules only
💨

Wind Energy

Small and medium wind turbines (100 kW to 2 MW per turbine). Ideal for windy coastal or plateau regions. Higher per-unit generation than solar in suitable micro-climates. Wind-solar hybrid maximises capacity utilisation factor (CUF) beyond 40%.

  • ✓ Best suited: Rajasthan, Gujarat, Maharashtra coast, Tamil Nadu
  • ✓ CUF: 25–35% (site-dependent)
  • ✓ MNRE-certified turbine suppliers
  • ✓ O&M managed by Niccau RE
⚡

Hybrid + BESS

The highest-value project type. Solar + Wind + Battery Energy Storage System in one integrated SPV. Near-24/7 power availability. Maximum revenue streams. Preferred for utility-scale Highway Energy Corridors.

  • ✓ CUF: 40–55% (industry-leading)
  • ✓ BESS stores peak surplus for peak dispatch
  • ✓ Eligible for higher ISTS waiver benefits
  • ✓ Maximum REC & carbon credit generation

From application to green revenue in 8 steps.

Niccau Renewable Energy handles every technical step — DPR, clearances, installation, grid connectivity, metering and O&M. You invest. We build. Both of us earn.

Halix & Niccau RE take care of:
✓ DPR & feasibility report
✓ Land lease / roof lease
✓ MNRE / DISCOM approvals
✓ EPC (design + build)
✓ Grid synchronisation
✓ O&M for 25 years
✓ REC registration
✓ SPV annual audit & CA
1
Apply Online
Fill the expression of interest form. Our energy team responds within 48 hours.
2
Site Assessment
Niccau RE engineers conduct solar irradiance / wind speed study and grid proximity survey.
3
DPR & Financials
Detailed Project Report with projected generation, revenue, ROI and profit share — shared with you for approval.
4
SPV Incorporation
Private Limited Company formed. Shareholders Agreement and Power Purchase Agreements signed.
5
Loan Disbursement
50% project debt arranged and disbursed into the SPV's bank account. Your equity called in parallel.
6
EPC & Installation
Niccau RE begins civil + electrical work. Timeline: 60 days (rooftop solar) to 180 days (hybrid).
7
Commissioning & Grid Sync
DISCOM synchronisation, metering, REC registration, hydrogen offtake activation — all handled by Niccau RE.
8
Generation & Quarterly Earnings
Power flows to all buyers. Revenue collected. Expenses deducted. Your 50% profit credited every quarter.

Your money is never locked in.

Unlike traditional infrastructure investments that lock capital for 10–20 years, your Halix Power stake can be exited at any time. The Shareholders’ Agreement provides a clear, fair, and legally enforceable exit mechanism.

Exit Waterfall — Priority Order

1
Halix Bharat Limited & Stenjaan Group
First right to purchase your equity stake at mutually agreed fair market valuation
2
Niccau Renewable Energy Limited
Right of second refusal — can purchase your stake if Halix / Stenjaan pass
3
Third-party Strategic Buyer
If both parties pass, you are free to sell to any approved third-party strategic investor
Valuation at Exit

Your exit valuation will be based on:

  • → DCF valuation of remaining project cashflows
  • → Net Asset Value of the SPV at exit date
  • → Premium for green assets — renewable infrastructure commands a scarcity premium in India’s current market
  • → Independently determined by mutually appointed CA firm
Typical holding period: Projects that have operated for 3+ years tend to command 1.5× to 2.5× the initial equity value at exit, owing to established revenue track record and remaining PPA tenure.
Ready to invest?
No commitment until SPV is signed.

India’s biggest infrastructure supercycle is happening right now.

500 GW
India’s renewable energy target by 2030 — 5× current capacity. Massive policy tailwind.
₹1.5L Cr
PLI and subsidy outlay for green energy in India’s FY2025–30 National Budget.
30%+
CAGR in EV adoption — every new EV is a guaranteed power consumer for 10+ years.
₹0
Operational load on you. Niccau RE and Halix manage everything. You just earn.

Questions answered.

Do I need to own land to participate?
Not necessarily. For solar or wind, you need land or can arrange it on long-term lease. If you do not have land but have investment capital, you can co-invest in an existing Niccau RE pipeline project as a financial partner under the co-invest track.
Who is Niccau Renewable Energy Limited?
Niccau Renewable Energy Limited is a Group Company of StenJaan Group, specialising in renewable power generation — solar, wind, and hybrid. It serves as the EPC (Engineering, Procurement & Construction) partner and O&M operator for all power projects in the Halix ecosystem. All power generated by Niccau RE projects is consumed within the StenJaan Group network or exported to the grid via long-term C&I client's PPAs.
Who is the Stenjaan Group?
Stenjaan Group is the promoter holding consortium of Halix Bharat Limited and its group companies. It comprises the founding family and strategic co-promoters. In the exit waterfall, Halix Bharat Limited and the Stenjaan Group together hold the first right of refusal to buy your equity stake — ensuring a clean, swift exit without needing to find external buyers.
What does "DC to DC" power supply mean?
Conventional solar systems convert DC (direct current) from panels to AC (alternating current) for grid use, losing 3–8% energy in conversion. Halix EV charging stations operate on DC power directly. When a Niccau RE solar project supplies power directly to a Halix station, the DC-to-DC transfer eliminates this conversion loss — meaning more of every unit generated reaches the EV, and more revenue is realised per unit produced.
What is the expected return on investment?
Returns vary by project type, location, and revenue mix. A Detailed Project Report (DPR) shared with you before commitment will show specific projections. Indicative range: Rooftop solar projects typically deliver 18–24% IRR on equity. Hybrid solar+wind+BESS projects in high-revenue corridors can deliver 22–28% IRR on equity. Your 50% profit share is on top of asset appreciation over the project life.
Is the debt in my name?
No. The 50% term loan is in the name of the SPV (the station’s Private Limited Company). Your personal assets are not attached. Your liability is limited strictly to your 25% equity investment. The loan is serviced from the SPV’s operating revenues.
What is a Renewable Energy Certificate (REC)?
An REC is a market-based instrument issued by the Central Electricity Regulatory Commission (CERC) for every 1,000 kWh (1 MWh) of renewable energy generated. RECs can be sold to industrial and commercial entities that need to meet their Renewable Purchase Obligations (RPO). At current market prices, REC income adds on top of power sale revenue, significantly boosting your profit.
Can I invest across multiple power projects?
Yes. Each project is an independent SPV. You can hold equity in multiple Halix Power SPVs simultaneously — each with its own 50% profit distribution. Many investors begin with one rooftop project and progressively add ground-mounted or hybrid projects as they see returns materialise.

Own a piece of India’s clean energy future — starting at ₹5 lakhs and in multiple there of.

Seven revenue streams. 50% equity. Full exit rights. And the knowledge that your capital is literally powering the transition to clean mobility for millions of Indians.

See FOCO Model →
NICCAU RENEWABLE ENERGY LIMITED | HALIX BHARAT LIMITED | STENJAAN GROUP