Husk Power Systems has raised USD 20 million, for its renewable mini-grid business in Asia and Africa.

Husk Power provides power to rural communities and businesses, which is totally from renewable energy sources. It designs, builds, owns and operates one of the world’s lowest cost hybrid power plants and distribution network in India and Tanzania.

The company said that, the USD 20 million equity investment has been done by Shell Technology Ventures LLC, Swedish development finance institution Swedfund International and ENGIE Rassembleurs d’Energies, ENGIE group’s impact investment fund.

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