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Building a Sustainable Energy Future for India

Building a Sustainable Energy Future for India. Finance for Local Sustainable Energy Vidya Sagar Devabhaktuni SKG SANGHA 8 - 9 February 2010. Objectives of the Programme. Sustainable energy Food security Climate change. Achievements so far.

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Building a Sustainable Energy Future for India

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  1. Building a Sustainable Energy Future for India Finance for Local Sustainable Energy Vidya Sagar Devabhaktuni SKG SANGHA 8 - 9 February 2010

  2. Objectives of the Programme • Sustainable energy • Food security • Climate change

  3. Achievementsso far • No. of biogas plants installed – 81,300 • Kerosene Saving/year - 1,951,200 ltrs • Saving of firewood/ year - 284,550 ton • Saving of CO2 per year - 500,000

  4. New Products • Biogas pressure regulators • Highly efficient biogas burners • Designing of small windmill

  5. Countries of operation of SKGS • Already working India, Kenya, Ghana and Uganda • Proposed Liberia, Mali, Sudan, Senegal, Burkina Faso, Cameroon, Morocco Colombia, Honduras Bali Island of Indonesia

  6. Sources of Finance • Beneficiary Investment, ODA, Charity • Government Subsidies • CDM, VER • Bank and Institutional finance • Microfinance - Interest Rate

  7. Policy Recommendations • National policy on financing Carbon Projects by financial institutions • Speeding up of Host Country Approvals

  8. Strategy for the futureSubsidy+ODA+Carbon finance Future Targets: To extend the facilities to 40,000 new families every year

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