{"id":145819,"date":"2018-01-16T11:06:56","date_gmt":"2018-01-16T11:06:56","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=145819"},"modified":"2018-01-16T11:06:56","modified_gmt":"2018-01-16T11:06:56","slug":"husk-power-raises-20-mn-for-its-mini-grid-business","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/husk-power-raises-20-mn-for-its-mini-grid-business\/","title":{"rendered":"Husk Power raises $20 mn for its mini-grid business"},"content":{"rendered":"<p>Husk Power Systems said today that it has raised USD 20 million (over Rs 127 crore) to scale its renewable mini-grid business both in Asia and Africa. <\/p>\n<p>The USD 20 million equity investment has been made by &#8220;Shell Technology Ventures LLC, Swedish development finance institution Swedfund International and ENGIE Rassembleursd&#8217; Energies, ENGIE group&#8217;s impact investment fund&#8221;, the company said in a statement. <\/p>\n<p>Husk Power designs, builds, owns and operates one of the world&#8217;s lowest-cost hybrid power plants and distribution network in India and Tanzania, the statement said. <\/p>\n<p>It provides power to rural communities and businesses, entirely from renewable energy sources. <\/p>\n<p>Husk Power co-founder and CEO Manoj Sinha said: &#8220;Together with our strategic partners, we are now confident of achieving our vision of becoming the world&#8217;s largest rural utility company providing 24\/7, 100 percent renewable and affordable power to drive inclusive and sustainable development in growth markets.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Husk Power Systems said today that it has raised USD 20 million (over Rs 127 crore) to scale its renewable mini-grid business both in Asia and Africa. The USD 20 million equity investment has been made by &#8220;Shell Technology Ventures LLC, Swedish development finance institution Swedfund International and ENGIE Rassembleursd&#8217; Energies, ENGIE group&#8217;s impact investment fund&#8221;, the company said in a statement. Husk Power designs, builds, owns and operates one of the world&#8217;s lowest-cost hybrid power plants and distribution network in India and Tanzania, the statement said. It provides power to rural communities and businesses, entirely from renewable energy sources. [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-145819","post","type-post","status-publish","format-standard","hentry","category-power"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/145819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=145819"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/145819\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=145819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=145819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=145819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}