Smart Power India

IEEFA Cites Jharkhand Solar Policy To Support Blended Finance For DRE

A recent report by Institute for Energy Economics and Finance (IEEFA) has put the spotlight on the role of blended finance as a medium to support transition to renewable energy in developing countries. The report defines blended finance as a medium to support scaling up financing for assets such as mini grids that have the […]

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Servotech Power Bags Second Solar Project in September from UPNEDA

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has awarded the 1.8 MW off-grid solar project (Second Solar Project) to Servotech Power Systems, an Indian developer of solar, LED, medical-grade, and electric vehicle (EV) charging solutions. This 1.8 MW of off-grid solar project’s overall contract value is about Rs 30 crore. After acquiring […]

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Servotech Bags 4.1 MW UPNEDA Solar Project

The Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) has awarded a sizable, state-spanning grid-interactive rooftop solar power plant project to Servotech Power Systems, an Indian developer of solar, LED, medical-grade, and electric vehicle (EV) charging solutions. The project entails construction of 4.1 MW solar project all around the state. According to the document, […]

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Smart Power India, Adani Solar In tie-up to promote Solar in Rural India

In a bid to ensure equitable access to last-mile electricity and encourage energy transition in the rural areas of Uttar Pradesh, Bihar, Jharkhand, and Odisha states, Smart Power India (SPI), the Indian subsidiary of Rockefeller Foundation has signed a non-financial and non-commercial memorandum of understanding with Adani Solar. The MoU aims to promote the usage […]

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Servotech, Smart Power India to Create Solar Ecosystem in Rural India

Aiming to promote awareness about and access to solar power in the rural communities of Bihar, Uttar Pradesh, Orissa, and Jharkhand, Servotech Power Systems Limited has signed a Memorandum of Understanding (MoU) with Smart Power India, a subsidiary of New York-based Rockefeller Foundation. The companies believe that educating people about the benefits of solar energy […]

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SPI Uplifts Lives of 2,412 Commercial and Micro-entrepreneurs in Rural India  

The SPI MED program has helped transform the lives of 2412 commercial and micro-entrepreneurs in rural India micro-entrepreneurs In a bid to create socio-economic opportunities for rural and micro-entrepreneurs, Smart Power India (SPI)’s Micro-Enterprise Development Program (MED) in India has helped rural communities harness electricity for productive uses. This has thereby boosted greater demand for […]

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“We need to increase our per capita energy consumption three-fold”

Jaideep Mukherji, CEO, Smart Power India (SPI), has been a strong advocate of access to reliable electricity for the last mile. SPI, a subsidiary of The Rockefeller Foundation, was established in 2015 to develop and scale sustainable models to accelerate electricity access and spur economic development amongst the rural underserved communities. In recent years, SPI […]

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The Missing Element in the Proposed Electricity Act Reforms

India is the third largest producer and consumer of electricity worldwide. But it still has one of the lowest per capita power consumption (1,181 kWh) as compared to the world’s average per capita power consumption, which stands high at nearly 2,700 kWh. Because of this, our nation faces the challenge of ensuring sound financial health […]

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