Promoter: Krishnan Raghunathan, Jigar Shah
Our Involvement: Invested in Nov 2012 and co-managers of a renewable energy fund based out of Singapore.

Established in 2010, KMRI plans to provide highly reliable and cost effective distributed renewable energy solutions to local, institutional and corporate installations.

KMRI is targeting customers in Africa and Southeast Asia that are currently employing 10-10,000kW diesel-based systems, including telecom tower networks, mini-grids, factories, hotels and resorts. Through both long-term power purchase agreements with customers and comprehensive agreements with suppliers, the company’s unique business model enables it to provide cheaper “green” power to its customers, without any upfront costs for customers, while also maintaining operational reliability and avoiding power management complexity inherent in this sector.