MUMBAI, INDIA–(Marketwired – August 12, 2016) – Prime Minister Narendra Modi has set up an ambitious target of providing 24/7 access to electricity to every Indian citizen by 2019. Ministry of Power is aiming to provide grid connectivity to all villages by 2017 and has extended grid access to over 10,000 villages in the past year. Currently, over 200 Million people in rural areas don’t have electricity access and a similar number of citizens are suffering due to unreliable grid and poor power quality. The Government of India is not alone in this quest to supply energy access to people at the bottom of the pyramid. Various entrepreneurs are testing the waters by introducing innovative off-grid solutions like solar lamps and renewable energy-powered microgrids in their effort to provide energy access for all. However, this sector is fragmented and unorganized leading to its inefficacy. This in turn is causing a roadblock for social and technological innovation at the very bottom of the social pyramid, leading to microgrids and related off-grid solutions becoming an expensive affair.
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