Approximately 30 million people in India (over one-fifth of the population) do not have reliable access to electricity via the conventional means of grid electrification, and popular alternative sources are often uneconomical and detrimental to the health of both humans and the environment.
Husk Power Systems (HPS) developed proprietary technology to convert locally produced agricultural waste – including rice husk – into electricity, generated and distributed from mini-power-plants and micro-grids. As the designer and owner of the lowest-cost hybrid power plant and distribution network in India and Africa, HPS offers customers reliable, theft-proof and grid-compatible power through a mobile phone-enabled smart metering system and ‘pay-as-you-go’ service, which can be tailored to individual needs – for households, community services, small businesses and even factories.
Husk Power Systems is a legacy engagement and no longer part of the LGT VP core portfolio. We began working with HPC in 2009, providing comprehensive support across two areas:
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