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  • Call for Proposals: Project Development and Financing Initiative in India

Call for Proposals: Project Development and Financing Initiative in India

Private Financing Advisory Network (PFAN) India is implementing an initiative to present promising clean energy projects from India to interested investors. This initiative actively seeks renewable energy and energy efficiency projects that are financially viable, socially responsible and environmentally beneficial.
Shortlisted projects will receive intensive coaching from PFAN, with the objective of assisting the selected companies in identifying and approaching appropriate investors or lenders.


This initiative is sponsored by Government of Australia, Department of Foreign Trade. PFAN is hosted by the United Nations Industrial Development Organisation (UNIDO) in cooperation with the Renewable Energy and Energy Efficiency Partnership (REEEP) and the initiative is co-organized by Dawn Consulting and PPL International.


Any company or legal entity which has projects in India is eligible.



The project / business must promote or use clean energy technologies, products or services; these include for example:
Biomass – Forestry – Biogas – Rural electrification – Bio-fuels – Distributed & Off -grid generation – Solar – Energy storage & conservation – Wind – Energy efficiency – Geothermal – Waste-to-energy – Hydropower – Emission reduction – Tidal/Ocean – Clean transport.


Businesses / projects can include:

• Grid Connected Independent Power Producer (IPPs) (on-grid projects in this case are projects that are connected to a utility source or electrical service provider);

• Rural electrification and energy access projects especially:

-Mini-grid projects – distributed renewable energy utilities (mini or micro isolated grids in this case can be defined as a set of electricity generators and possibly energy storage systems interconnected to a distribution network that supplies electricity to a localized group of customers);

-Off-grid projects – distributed energy service companies (especially for solar lanterns, solar home systems and cook stoves, among others).


In principle, business opportunities that require an initial capital in excess of US$1 million (or any equivalent currency) will be considered. Proposals seeking grant funding are not eligible and will not be considered.




 The Application consists of:
• The project proposal (format: PDF or Word file with cash flows provided as an Excel sheet)

• The completed project data sheet (format: Excel sheet)



All submissions are to be made electronically. The highest quality projects will be selected for assistance.
Please submit your project proposal together with the Project Data Sheet to india-1(AT)pfan.net (please replace the “(AT)” with the standard “@”).
Templates for the Project Data Sheet as well as the guidelines for the preparation of the Project proposal are available from the following links:

The guidelines for preparation of an initial project proposal

The Project Data Sheet template



Proposals eligible for the initiative may include, but are not limited to:

• Greenfield & brownfield utility projects and distributed generation projects

• New business ventures

• Downstream projects: deployment of an existing clean technology

• Upstream technology development: development and commercialization of a new clean technology

• Mergers, acquisitions or joint ventures which will add value to an existing / current clean energy / technology business






Stage 1: Project proposal submission

The programme will remain open until 28th February 2017 or until PFAN shortlists 10 proposals whichever is earlier; as per the selection criteria detailed in the guidelines, on a first come first served basis. Shortlisted participants will be notified within 4 to 5 weeks of submitting their proposals.


Stage 2: Coaching
Based on the project proposals and recommendations by the selection committee, up to 10 companies will be shortlisted for mentoring. At this stage, the assigned PFAN coach will assist the company in preparing an investor-ready business plan and an investor’s pitch. This support, up to eight working days (64 hours) in total, will be provided at no cost to the companies.
Guidelines for the preparation of the business plan is also available at here.


Stage 3: Meeting with investors
In this phase, PFAN coach will assist the company in identifying appropriate investment sources and facilitate financial mobilisation.
All assistance and services provided by PFAN mentor will be undertaken on a best efforts basis. Shortlisting under this programme is not an offer or guarantee of financing nor shall it be construed as an indication that financing / investment shall be / become available.



Related documents

Guidelines for the India Initiative


Guidelines for preparation of a initial project proposal

Project Data Sheet template



Funding Sponsor:


Australian Government DFAT_logo


Implementing Partners:


PFAN logounido logoreeep logo


Co-organizers / Event Partners:


dawn consulting logo      ppl logo





Regions: Asia
Tags: Clean Energy Businessclean energy financingclean energy projectsIndia