India has launched a new $2.5 billion initiative to provide power to the 40 million households in the country that still don’t have electricity. The project aims to electrify the homes — which represent about a quarter of India’s households — by the end of 2018, Reuters reported.
India has launched a new $2.5 billion initiative to provide power to the 40 million households in the country that still don’t have electricity. The project aims to electrify the homes — which represent about a quarter of India’s households — by the end of 2018, Reuters reported.
The program will be funded mostly by the Indian federal government and administered by the state-run Rural Electrification Corp Ltd. Prime Minister Narendra Modi said in a speech on Monday that for low-income families, there will be no fee to get an electricity connection installed. The government will not subsidize electricity consumption, however.
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