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The business case for off-grid energy in India

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prasad1

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Approximately 360 million people in India lack adequate access to grid-electricity and another 20 million households receive less than four hours of electricity per day. To help close this gap, the Government of India has set a target of generating 100 gigawatts of renewable energy by 2022.

But while grid connectivity is expected to improve over the next 10 years, at the current rate of grid expansion, urbanization and population growth, 70-75 million households will still lack access to grid electricity by 2024.
This unmet demand for electricity presents a huge opportunity for off-grid renewable energy solutions, in particular solar home systems (SHS), and decentralized renewable energy (DRE) systems.

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The business case for off-grid energy in India
 

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