INDIA’S OMC POWER SECURES FUNDING TO REACH 3+ MILLION PEOPLE WITH RENEWABLE POWER
Delhi, India, 15 October 2014 – OMC Power today announced that it has secured major funding from Singapore-based renewable energy fund Energy Investment Tech Pte. Ltd.
Established in 2011, multi-award-winning OMC Power has transformed the provision of electricity in rural India into a commercially viable, sustainable and scalable business.
To date, OMC Power has financed, built and now operates 20 Micropower Plants in villages in Uttar Pradesh (India’s most populous state with 200+ million residents) where the electricity grid will never reach.