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Saturday, May 26th

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Husk Power Systems

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Product: Mini power-plants
Industry: Clean Tech/Social
Location: Patna

This is a startup with a huge social impact, and that is the reason why it is featured in our list. Husk Power Systems (HPS) uses novel biomass gasification technology to convert rice husks into combustible gases, which then drive a generator to produce clean, safe and efficient electricity at affordable rates. Sounds good?

Now read this: They sell the idea of biomass mini-grid electrification to village panchayats who then can provide electricity to the villagers' houses and shops. The farmers in and around that village, who have rice husks at their disposal, can sell the same to the plant. This plant is run and maintained by local community members, who gain employment because of this whole set up. As of now, HPS is successfully providing power to over 50,000 rural Indians and aim to operate 50 plants, electrifying 125 villages by the end of this year.

Founder: Gyanesh Pandey, Manoj Sinha, Charles W. (Chip) Ransler
Investors: Acumen Fund
URL: www.huskpowersystems.com

 

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