Our Impact
Access to Clean Energy
Climate Action for Emission Reduction
Climate Action for Emission Reduction
1.5 million agriculture & rural households and 0.5 million MSMEs
Increasing access to affordable and reliable clean energy for communities and businesses in rural and semi- urban areas.
Climate Action for Emission Reduction
Climate Action for Emission Reduction
Climate Action for Emission Reduction
Reducing CO2 emissions by 2.8 million metric tons annually
Replacing equivalent amount of fossils based energy generation avoiding millions of tons of GHG emissions.
Contribution to Local Economy
Climate Action for Emission Reduction
Gender Justice & Economic Opportunity
10 million direct & indirect economic beneficiaries in rural & semi-urban areas
Developing an ecosystem of community energy infrastructure for boosting economic activities and improving standard of living.
Gender Justice & Economic Opportunity
Climate Action for Emission Reduction
Gender Justice & Economic Opportunity
50% projects led by women and under-served sections of society
Following Principles of Diversity, Equity & Inclusion (DEI) in everything we do with special emphasis on welfare of women and other weaker sections of society.
Clean Energy Ecosystem for Social Environmental Impact
Agriculture dominated Rural Areas
Micro Small and Medium Enterprises
Micro Small and Medium Enterprises
Most of the people in rural and semi-urban areas of India continue to work in primary sector and low value-added activities. This has led to massive socio-economic inequality as they didn’t benefit from decades of rapid economic growth. Uneven distribution of energy between rural and urban areas is largely responsible for this. A substantial part of renewable energy capacity is dedicated for big industries and urban population when agrarian and rural India continue to use fossil fuels and other highly polluting alternatives.
It’s not wrong to say that energy poverty persists in rural India leading to limited job opportunities, poor delivery of primary services and lower standard of living. Climate change is likely to worsen the situation further.
According to the International Energy Agency (IEA), giving access to clean energy results in serious health benefits, boost to local economic activity & entrepreneurship, and more effective delivery of education, medical and banking services.
A study by International Association for Energy Economics shows that regular supply of electricity in rural areas results in
- 6% & 7.5% increase in school enrollment among boys and girls respectively
- 17% increase in employment for women & 1.5% for men
- 35-40% increase in per capita income due to non-farm economic activity.
Micro Small and Medium Enterprises
Micro Small and Medium Enterprises
Micro Small and Medium Enterprises
MSME sector is an important pillar of Indian economy. 64 million MSMEs contribute about 30% to India’s annual GDP, 36% of overall manufacturing output, more than 40% to overall exports and employ 110 million people. For India to become a USD 5 trillion economy, MSME sector will have to play an important role.
Industrial sector is responsible for 41% of total energy consumption in India and half of this demand is attributed to MSMEs. In general, MSMEs have been slow to make a transition to renewable energy. One reason for this is, 52% of them are located in rural areas where availability of clean energy infrastructure is poor.
For successful decarbonization of industrial sector in India, the MSMEs, which consume energy equivalent of about 50 million tons of oil annually, need to adopt clean technologies and actively reduce their carbon footprint.
Benefits of energy transition in the MSME Sector:
- Reduced dependence on fossils
- Improved competitiveness
- Accelerated decarbonization of industrial sector
- Huge impact on rural and semi-urban economy directly benefitting weaker sections of the society
- Ensure “Just & Inclusive” energy transition through capacity building, democratizing access to clean energy and sustainable finance.