Energy solutions for Rural India

Rural Energy Network Enterprise (RENE), an incubatee company of IFMR Ventures, is focused on enabling sustainable access to energy for people living in rural areas of India. Towards such aims, RENE analyses, designs and pilots specific interventions across the country.

In line with this RENE has been working on establishing a last mile distribution channel in Thanjavur for energy efficient products (improved stoves, solar lights etc.) in order to identify ground issues.

It is experimenting with a multi-level marketing structure involving a referral and commission mechanism for distribution of such products. Also is engaged in identifying viable channel financing mechanisms to support working capital requirements of various players in the supply chain.

Further it is exploring the possibility of establishing a private electricity distribution network to cater to the requirements of niche customer segments in rural areas. Preliminary feasibility study for this has been completed and a detailed study is being planned along with IIT Madras.

View the RENE presentation below:

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For more information about RENE contact Anu.Valli [at] ifmr.co.in