Publication

This paper addresses the issue of connecting rural areas of China and India to the energy grid, focusing on their respective approaches to financing rural renewable energy. It analyzes the status of rural renewable energy in both countries, develops and employs an analytical framework to study the environment, channels, instruments and innovative mechanisms of financing rural renewable energy and compares the two cases. The author argues that China and India understand the importance of providing the required regulatory, legislative and policy support for financing rural renewable energy.