The Climate Group, in collaboration with the World Bank Institute and the Dutch Postcode Lottery, has announced the winners of Off-Grid Energy Challenge in New Delhi.
The Climate Group, in collaboration with the World Bank Institute and the Dutch Postcode Lottery, has announced the winners of the Off-Grid Energy Challenge in a ceremony hosted by the Embassy of the Kingdom of the Netherlands in New Delhi. The purpose of the awards is to recognise the most innovative and financially attractive business models in the off-grid energy sector in India with proven technologies and scope for rapid scale up.
The winners, Mera Gao Power Pvt Ltd., Simpa Networks Pvt Ltd., OMC Power Pvt Ltd. and Nature Tech Infra Pvt Ltd, were recognised as promising business models in the off-grid sector and were awarded US$30,000 each to further rural energy access in India through sustainable and commercially viable off-grid ‘access to energy solutions’.
The off-grid energy challenge is part of The Climate Group’s access to rural energy project in India, Bijli – Clean Energy for All. Principally funded by the Dutch Postcode Lottery, the project aims to reach 50,000 rural Indians with clean and affordable energy.
Speaking on the occasion Pallassana Krishnan, Executive Director, The Climate Group said, “The Climate Group envisions a low carbon future that is sustainable and prosperous to all. This award is an attempt to recognise those sustainable business models that can accelerate clean energy as a means to drive rapid growth and development”
Marieke van Schaik, Managing Director, Dutch Postcode Lottery, said, “The Dutch Postcode Lottery is a longtime partner of The Climate Group and a principal funder of the Access to Rural Energy in India program Bijli, bringing access to clean and affordable solar power to 50,000 people in India. We are excited with the developments in India in the field of clean energy.”
During his address, Suresh Prabhu, former union minister and Chairman of The Climate Group, congratulated the business leaders for their commitment to sustainability. Prabhu said that sustainability is both a social and economic issue, and business leaders have the capacity to play a vital role in the rapid upscale of sustainable models that will benefit all.
The Netherlands Ambassador to India Alphonsus Stoelinga said, “This award has introduced a new level of innovation and competition for the industry which will inspire entrepreneurs and investors alike to the exciting prospect.”