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Business Models/Financial Instruments for Distributed Renewable Energy in India

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With more than one-quarter of the population without electricity, India faces key issues around providing universal energy access. Further, even in cases where energy access is present, reliability of supply is a big issue.

SFI would focus on questions around scaling energy access using innovative approaches such as rooftop solar and mini grids, via well-defined public-private partnerships that allow scaling of self-sustaining business models.

Research Focus Areas:

  • Economic/financial modeling of value creation through public-private partnerships and identifying how value could be shared to create win-win situations.
  • Design of financial instruments to address barriers to availability of capital as well as cost of capital.



  • Gireesh Shrimali, 2019, “Scaling Reliable Energy Access in India: A Public-private Partnership Model,” submitted to Energy for Sustainable Development.