Monday, January 04, 2010

Swades being Re-Enacted in Bihar

Husk Power Systems
I am mentioning about this company here in my blog because it is an unimaginable story coming out of the remotest of villages of Bihar. I was reading an article "Exploring New Frontiers" in Business World magazine, early Monday morning at 3. Here they have mentioned about this small technology start-up in Patna which produces rice husk-powered generators that bring clean and cheap electricity to 60 remote villages in Bihar. Timothy C. Draper, the founder of the global venture capital firm Draper Fisher Jurvetson, says that it could be the electric company of the future.
Husk Power Systems Wins Cisco-DFJ Global Business Plan Competition
Husk Power Systems’s four young founders, Manoj Sinha, Charles Ransler, Ratnesh Yadav and Gyanesh Pandey, entered Draper’s league of “extraordinary entrepreneurs” this June quite by chance. They beat 16 start-ups from as many countries to win a global business plan contest hosted by DFJ and Cisco Systems. The reward was $250,000 in funding.
I would suggest you to both the mentioned articles completely as I think these tells us about the emerging India, the India we dreamt of after watching movies likes Swades.

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