Keywords: base of the pyramid, BoP, energy needs, renewable energy, gridless energy solutions, low income markets, emerging markets, India, business models, rural areas, poor population, affordable energy, poverty
Linking up: inclusive business models for access to energy solutions at base of the pyramid in India
The lack of access to clean, reliable and affordable energy solutions for meeting the basic needs for electricity and cooking has created a big barrier in the socio–economic development of the 400+ million people living across India in rural areas. Realising this as a challenge, Selco, Husk Power Systems and D.Light designed and implemented innovative business models to bridge the demand–supply gap. The purpose of this research study is to undertake an in–depth analysis of three self–sustainable business ventures, which designed and implemented self–sustainable business models to enable access to affordable energy solutions for the underserved poor population in rural India.