Saravan Krishnamurthy ¹, Shaji Joseph ¹, Vishal Pradhan ¹, Prakash Rao ²

Affiliations
1 Symbiosis International University, Symbiosis Centre for Information Technology (SCIT), Symbiosis International University, Pune – 411057, Maharashtra, IN
2 Symbiosis Institute of International Business (SIIB), Symbiosis International University, Pune – 411057, Maharashtra, IN

Abstract

Background: The availability of electricity in rural India is poor and by and large weak in power generation and distribution. Several improvement programs for rural India could have positively affected with better availability of electricity. Poor and discontinuous supply of electricity, being a natural component of areas with poorer services and infrastructure, has resulted in the problem being accepted as a mere inconvenience. The slow improvement of rural India continues with its struggle. In particular, women in rural areas are the most affected in this scenario. The adoption of locally generated renewable energy has been encouraged by the government of India through many projects and rural-sensitive technologies. The proposed projects often come to a standstill and were found to be unsustainable. One of the key factors that influence sustainability was the involvement of women in such projects. Objectives: To highlight the importance of women empowerment as a possible solution in the above-mentioned scenario. Women empowerment has been a successful strategy in many social aspects such as microfinance, cottage industry development, prevention of abuse etc. Methods: The inclusion of women empowerment was surveyed in order to study the feasibility and adoption of rural renewable energy projects in south-eastern Maharashtra. NGOs and examples of rural women were considered, to identify regions where women’s self help groups were active. Their previous successes and ability to lead social changes in their surrounding villages add a useful background to the topic of research. Analysis and Findings: We conducted an Exploratory Factor Analysis using the maximum likelihood factor analysis method, with direct Oblimin rotations. Some of the key factors that evolved were: Investment readiness, learning towards rural RE project, awareness towards financing rural RE project. Improvement: Renewable energy policy makers may use this research as a reminder to build capacity upon existing microfinance skills before commencing rural renewable energy projects..

Keywords

Exploratory Factor Analysis, Microfinance, Political Awareness, Renewable Energy, Rural India, Social Change, Women Empowerment

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