Energizing One Million Rural Households in India: A Reality Check
Presenter: Troy Hodes, Amit Jain and Divyam Nagpal
Presentation
In India, decentralized renewable energy has emerged as a favorable solution for rural electrification. A cadre of private sector enterprises exists and companies are in a process of scaling up operations. In the context of over 300 million people in India without access to electricity, this paper analyses the ability of decentralized renewable energy enterprises to reach the milestone of one million electrified households. The analysis reveals numerous barriers to scaling up operations, including gaps in financing needs and availability, geographic scale, and lack of implemented standards and quality assurance. Innovative financing initiatives, INFUSE ventures and ADB’s ‘Mini- grid Fund’, 22 are explored and evaluated as potential programs to bridge financing gaps for decentralized renewable energy enterprises.
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References
Troy Hodes, Amit Jain and Divyam Nagpal: Micro Perspective for Decentralized Energy (MES) 2015, Bangalore, India.