Indian Railways Global Ceiling Fan Competition || Clean Energy Investment Facilitation Platform || South Asia Clean Energy Forum (SACEF) 2024 || Inviting applications for the SAREP Grants Annual Program Statement (APS) – FY2024. “[ON HOLD]: In light of the recent Executive Order titled “Reevaluating and Realigning United States Foreign Aid” signed by President Trump on January 20, 2025, the South Asia Regional Energy Program (SAREP) Project has been placed in a “Stop Work” status by USAID. As a result, this solicitation is currently on hold until further notice. RTI cannot receive or answer any questions or accept bids at this time. Please check back at a later date for updates.” For more information click Here.

Opportunities: I. Request for Proposal (RFP) – Bhutan Power System Operator (BPSO) e-Monitoring Digitalization Solution. For more information click here. Last date: February 10, 2025. || II. Request for Proposal (RFP) – Provide Technical Services to Support the Saturation of Government Buildings with Rooftop Solar in Haryana. For more information click here. Last date: February 7, 2025.

6 - 18 Months

COMPANY OVERVIEW

Background: Established in 2011, the company, majority owned by a global investor and a global energy utility, has successfully executed 500+ DRE projects, with a total installed capacity of about 50 MW and rapidly growing.

Business model: The company operates across four main verticals: (i) Solar rooftop solutions for Govt. Institutions (ii) Greening telecom towers, (iii) EPC / C&I and (iv) Energising rural communities via mini-grids.

Growth Plan: The Company is currently developing 100+ MW of Solar Rooftop Solutions for Governmental institutions during the next 12 months and plans to scale the same to 1 GW+. The company will also scale-up its business with greening of telecom towers and rapidly expand on its C&I / EPC work.

Management Overview: Strong, long-standing management team with relevant industry experience that comes from diversified geographies and cultures, with a combination of senior leaders and bright young minds.

USE OF FUNDS

Expansion of solar rooftop portfolio to 1GW
Expansion of telecom tower portfolio

IMPACT POTENTIAL

Net Positive Company with GHG impact of 3,900tco2e
Overall Social Return on Investment (SROI) index of 2.11
Company’s operations align with 7 UN SDG goals

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