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.

Within 6 Months

Company Overview

Background: Since its establishment in 2017, the company provides innovative solutions for industrial process heating through hyper-efficient heat pumps and advanced technologies. They help industries transition to green energy with heating solutions that offer long-term, predictable low-energy costs, supported by a unique monthly performance-based energy payment model. Their expertise lies in converting unutilized spaces and addressing complex applications, effectively eliminating the reliance on expensive and dirty fossil fuels.

Solutions / Products: Comprehensive range of offerings including heat pumps, high temperature heat pumps, solar dryers, solar thermal systems, heat pump dryers, waste heat recovery systems, hydrogen generators, waste to methanol systems, and organic rankine cycle (ORC) systems.

Traction: The company has supplied heat pumps to all major automotive companies, including Hyundai, the entire TVS Group Royal Enfield, Tata Motors, Pidilite, and many others. The company has secured land (15 acres) and feedstock (270K tons) for its Waste to Methanol facility

Potential Impact: The company reduced methane emissions by diverting waste from landfills and converts waste to energy to reduce the reliance on fossil fuels. Moreover, the company is also promoting female participation in technical roles and plant operations

Use of Funds:
The project focuses on converting municipal waste to methanol. The initial processing capacity is 50 TPD for the pilot phase. After three months, an additional 100 TPD will be added. The breakdown of the project costs is as follows:
– Equipment Cost: US$ 3M
– Civil Works: US$ 0.6M
– Professional Charges: US$ 0.4M

October 17, 2024

US$4M fundraise for an Indian energy efficiency player for the setup of a Waste to Methanol facility

Company Overview Background: Since its establishment in 2017, the company provides innovative solutions for industrial process heating through hyper-efficient heat pumps and advanced technologies. They help industries transition to green […]
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August 22, 2024

US$2M fundraise for a leading Sri Lankan renewable and energy efficiency solutions provider

Background: Established in 2013, the company is a market leader with over a decade of experience in offering tailor-made solar solutions to the Sri Lankan market. Track Record: The company […]
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March 15, 2024

US$100M fundraise for South Asia focused energy transition & decarbonization fund

COMPANY OVERVIEW Background: A South Asia focused energy transition and decarbonization fund proposition by a Singapore incorporated, Impact Investment Manager, licensed by the Monetary Authority of Singapore, and incubated by […]
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