iit kharagpur ges
TRANSCRIPT
Distributed Power Generation - The next big opportunity?
Global Entrepreneurship Summit
IIT Kharagpur, IndiaJanuary 12, 2013
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‘’Entrepreneurship is the pursuit of opportunity beyond resources controlled’’
- HBS Professor Howard Stevenson
What is Entrepreneurship?
Distributed Power Generation
Distributed Power Generation 3
The Opportunity
Distributed Power Generation 4
The Opportunity -Energy Access
- 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 5
Multiple dimensions of energy access
Social
EnvironmentEconomic
Distributed Power Generation 6
Multiple dimensions of energy access
1. Social a. Urban Vs. Rural :94% Vs. 57% Electrification of households(2009)
b. Gender – Women mostly affected
c. Health and Safety- Respiratory
diseases- Eye impairment- Fire hazards
2. Economic
• Kerosene usage- $2 Billion per year in India(Source: IFC)
• Subsidy*– Rs. 27,352 Crores
• Loss of productivity
• Poor pay higher cost per unit of electricity
* OMC Under-recovery(2011-12)
3. Environment
• Emission of CO, Co2, Noxious gases
• Loss of forest cover and vegetation
The Opportunity lies in profitably serving this underserved market
Distributed Power Generation 7
The Pursuit
Distributed Power Generation 8
- 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 and sale
Distributed Power Generation 9
“beyond resources controlled” or Challenges
Distributed Power Generation 10
Social/Cultural – • Lack of Awareness• Consumer behaviour• Local caste and religion dynamics
Economic – High capital cost, payment security
Infrastructural • Remote locations• Operation and Operations
Challenges
Distributed Power Generation 11
The Trailblazers
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• 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
1. Husk Power – Power from rice husk
Distributed Power Generation
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• 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
2. Gram Power – Technology Innovator
Distributed Power Generation
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• Incorporated in 2011
• Co-Founder – Paul Needham, droput from PhD from Cambridge University
• Pioneering concept of “progressive purchase”
• Prepaid energy purchase – through SMS
3. Simpa Networks –Business Model Innovator
Distributed Power Generation
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• 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
4. SELCO – The Social Enterprise
Distributed Power Generation
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Summary
How do you make a real difference?
Distributed Power Generation
Catalysed by Harish Hande’s SELCO
Do you want to make a real difference? Start now!!
