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Rockefeller Foundation to put in USD 20 mn for rural electrification

Wednesday, 22 Aug 2018
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The Rockefeller Foundation based in USA will pump USD 20 million in India over the next three years to increase energy access in the country’s rural areas.

The company has raised an additional USD 32 million in debt over the past 18 months for its rural electrification programme. It is also coming online soon and mostly in mini grids.

The Foundation’s goal is to reach 100 million consumers over the next decade mainly in India and Africa, using the mini-grid model for last mile electrification.

It aims to provide electricity to at least 25 million people across six states in India in five years. India has targeted bringing power to every household in the country by March 2019.

 
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