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IIT Kharagpur GES
- 1. Distributed Power Generation- The next big opportunity? Global Entrepreneurship Summit IIT Kharagpur, India January 12, 2013
- 2. What is Entrepreneurship? „‟Entrepreneurshipis the pursuit of opportunity beyond resources controlled‟‟ - HBS Professor Howard Stevenson Distributed Power Generation 2
- 3. The Opportunity Distributed Power Generation 3
- 4. The Opportunity -EnergyAccess - More than 1.4 Billion people in the world have no access to electricity - Of this, 400 Million people live in India Distributed Power Generation 4
- 5. Multiple dimensions ofenergy access Social Economic Environment Distributed Power Generation 5
- 6. Multiple dimensions ofenergy access 1. Social 2. Economic 3. Environment a. Urban Vs. Rural : • Kerosene usage- $2 Billion • Emission of 94% Vs. 57% per year in India(Source: CO, Co2, Noxious Electrification of IFC) gases households(2009) • Subsidy*– Rs. 27,352 Crores • Loss of forest cover b. Gender – Women mostly affected and vegetation • Loss of productivity c. Health and Safety - Respiratory diseases • Poor pay higher cost per - Eye impairment unit of electricity - Fire hazards * OMC Under-recovery(2011-12) The Opportunity lies in profitably serving this underserved market Distributed Power Generation 6
- 7. The Pursuit DistributedPower Generation 7
- 8. Distributed power generationand sale - Power Generation at the point of consumption - Renewables(Solar, Biomass, Wind, Small Hydro) - Innovative technology and business models - Tap the Bottom of the Pyramid market Distributed Power Generation 8
- 9. “beyond resources controlled”or Challenges Distributed Power Generation 9
- 10. Challenges Social/Cultural – • Lackof Awareness • Consumer behaviour • Local caste and religion dynamics Economic – High capital cost, payment security Infrastructural • Remote locations • Operation and Operations Distributed Power Generation 10
- 11. The Trailblazers Distributed Power Generation 11
- 12. 1. Husk Power– Power from rice husk • Founded in 2007 • Founder : Gyanesh Pandey, Alumnus of IT-BHU and Rensselaer Polytechnic Institute, USA • Use biomass waste(husk) to produce electricity • Providing electricity to 300 villages and hamlets with 200,000+ villagers Distributed Power Generation 12
- 13. 2. Gram Power– Technology Innovator • Founded in 2012 • Founder – Yashraj Khaitan, 24, Alumnus of University of Berkley, USA • Pre-paid micro-grids using proprietary Smart prepaid-meters • Micro-grid managed owned and operated by a local entrepreneur Distributed Power Generation 13
- 14. 3. Simpa Networks–Business Model Innovator • Incorporated in 2011 • Co-Founder – Paul Needham, droput from PhD from Cambridge University • Pioneering concept of “progressive purchase” • Prepaid energy purchase – through SMS Distributed Power Generation 14
- 15. 4. SELCO –The Social Enterprise • Founded in 1995 • Founder – Harish Hande, Alumnus of IIT KGP and University of Massachusetts • Winner of Ramon Magsaysay award • Facilitator of micro-financing • Sold, serviced and financed more than 115,000 systems since 1995 Distributed Power Generation 15
- 16. Summary How do youmake a real difference? Catalysed by Harish Hande’s SELCO Do you want to make a real difference? Start now!! Distributed Power Generation 16
- 17. Thank you Madhavan Nampoothiri Founder and Director madhavan@re-solve.in www.re-solve.in
Editor's Notes
- #2 http://blogs.hbr.org/cs/2012/10/do_your_slides_pass_the_glance_test.html