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. 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: January 20, 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: January 31, 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
November 13, 2024

US$75M fundraise for one of India’s leading distributed renewable energy (DRE) player

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 […]
November 13, 2024

US$100M fundraise for Nepal-focused renewable energy investment fund

COMPANY OVERVIEW Background: The fund is a Nepal-focused investment fund, domiciled in and regulated in Singapore by the Monetary Authority of Singapore. The fund has identified near-term pipeline opportunities totalling […]
November 13, 2024

US$75M fundraise for upcoming midstream infra platform (storage + transportation) for ammonia

COMPANY OVERVIEW Background: The company is part of a 60+ year old group that is a leading downstream player in the industrial market (non-fertiliser) for ammonia in India. The group […]
October 17, 2024

US$25M fundraise for India’s only EV Super App

COMPANY OVERVIEW Background: Established in 2021, the company is India’s only EV Super App – A full stack EV platform for all EV related needs of buyers. It offers a […]
October 17, 2024

US$30M fundraise for a leading Sri Lankan EPC contractor

COMPANY OVERVIEW Background: Established in 1919, the company is an engineering organization. It’s Parent Company, is a multinational and diversified conglomerate company in Sri Lanka, publicly listed on the Colombo […]
October 17, 2024

US$600M equity and debt fundraise for three hydropower projects in Nepal

COMPANY OVERVIEW Background: The company is a reputable Nepalese conglomerate with diversified business interests. The Group is backed by a strong workforce of 6000+ with an annual turnover of over […]
March 18, 2024

US$20M fundraise for a floating solar project in Maldives

COMPANY OVERVIEW Background: Leading solar energy provider for Maldivian resorts and pioneer in marine floating solar development. They develop special heavy duty, high performance solar PV systems for extreme climatic […]