Article: India : Husk Power gets more VC funding.

Byline: prashant03

Bihar s Husk Power Systems (HPS), a award winning rural electrification company, has got second round of financial support from Shell Foundation to further scale up operations of their unique biomass gasification technology which converts rice husks into electricity.

HPS, currently owns and operates 35-100 kW mini power-plants that deliver electricity as a pay-for-use service to villages of 2,000 to 4,000 inhabitants in West Champaran district of Bihar. Each plant becomes operationally profitable in the first six months of operations.

HPS has successfully implemented projects in 50 villages in Bihar and will expand its ...

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