Volts for villages

Mon, 14 Mar 2011 18:05

The company that generates electricity from rice husks published plan to build 500 plants by 2014.

The Times of India has reported that Husk Power Systems, a finalist in last year?s World Challenge, is setting up a first-of it?s-kind ?Husk Power University? to educate a generation of India?s youth to manage rural power plants.

The company has already trained around 300 villagers in East and West Champaran District, part of its programme of rural electrification based on a technology that converts waste rice husks into electricity and fertiliser.

Started by two childhood friends, Gyanesh Pandey and Ratnesh Yadav, the group estimates they have now saved over US$1 million for the households they serve in Bihar State in East India.

Husk Power Systems has taken the step of publishing its five-year business plan on the front page of their website. It has an ambitious target of 500 plants in operation by 2014. If the company succeeds it will be able to serve over 6000 villages and save an estimated US$50 million a year in kerosene and diesel sales.

Latest updates

Mongolian Snow Leopards Enterprises wins World Challenge 2011

Snow Leopard Enterprises, from Mongolia, has been named as the winner of this year's World Challenge competition, taking the first prize of a $20,000 grant from Shell to help develop their initiative.

World Challenge voting is now closed

Watch this space to find out who has won this year's prizes and for information about the broadcast of the awards ceremony and a special Down to Business live pitching event.

World Challenge episodes now available online - Votes close this Friday

All 12 World Challenge videos are now available on YouTube for those still to make up their minds who to choose before voting closes this Friday.

Follow us

linkedin facebook