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USAID- Move Towards Lightning the Dark Area

News:

USAID will soon mobilize $41 million (about Rs 268 cores) to finance clean energy projects in India, making off-grid power accessible to one million people 

Source: ET

SNP Insights:

Power to all is no more a dream project for India. Transmission corridor is no more hiccup in this path. Off-grid solution for places were transmission system is not available might be the right approach for providing electricity. Renewable energy especially solar has potential and has option to light up these places. This decision will not only help dark areas but will also be a aid to small entrepreneurs to provide solution and access in the market. This step in future may strengthen the Make in India move.

Source: SNP Infra Research