The Decentralized Renewable Energy industry which is now the new sunrise industry in the Indian power sector will deliver electricity to people living in different rural areas of the country that have been left out of the grid. The huge gap caused by the inability of grid power to reach all citizens of the country is being bridged by off-grid energy based on renewable resources like solar, wind, small hydro and biomass. This business model is ideal for SMEs (Small and Medium Enterprises) due to the smaller size of the projects most of which are confined to supply of power to small pockets across the country. It isn’t easy to identify opportunities in this new industry but on the DREEM web platform, checking an off-grid energy site in India for evaluation becomes a lot easier.
If a DRE enterprise wants to know about the incidence of rural population in the target area and whether it is enough for the project to be sustainable, there is no better off-grid energy assessment tool than DREEM to offer the most relevant information. It can help investors in making informed investment decisions after clearly understanding the risks in and around the target area. Obtaining precise information about a particular location for parking investment capital can be quite a challenge for enterprises as there are over 600 districts spread across the 29 states of the country in addition to the Union Territories.
An enterprise evaluation of just a fraction of the target market would involve substantial cost and time, which most SMEs would find very challenging. Enterprises would naturally want to make informed investment decisions and in this case, DREEM is the most comprehensive off-grid energy assessment tool that helps in making the right decisions. This is because a DRE project involves extensive countrywide survey of remote rural areas left out of grid coverage. This is a near impossible task for SMEs but with DREEM it becomes easy for them to get all the necessary information.
For any such project, the level of risks in the target area and the political stability in the district as well as the entire state is important. An off-grid energy assessment in India is vital for the different stakeholders who will participate in these DRE projects. These are the enterprises that build, own and operate the projects along with funding agencies like banks and other financial institutions that finance the major part of the project cost. The DREEM platform is an effective enabler for all such stakeholders.
DREEM effectively helps in speedy implementation of projects as it is designed to ease investment decision making for the participating enterprises. All stakeholders are interested in knowing the socio-economic impact of a project they have invested in as well as the political and other risks in that area. This platform offers advanced tools that provide all such critical information on the off-grid energy risks in India and evaluation of the same to enterprises that want to park their investment capital in these projects. This platform is the most effective option for investors to cut costs substantially and avoid the hassles of undertaking expensive and time consuming surveys of the target areas.
Please refer the link to user manual & handbook "DREEM User Manual and Enterprise Monitoring Handbook"
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