Shakti Sustainable Energy Foundation
For The Electric Mobility Initiative In India And For Executive Transition
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Amount$1,725,500
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Program
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Date Awarded10/17/2019
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Term12.0 Months
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Type of SupportGeneral Support/Program
Overview
The Shakti Foundation’s mission is to support India’s transition to a sustainable energy emerging economy. Shakti supports local nongovernmental and research organizations in India. This grant will support the Electric Mobility Initiative, with the goal of helping India achieve its ambitious electric vehicle deployment goals by 2030, which will reduce greenhouse gas emissions, improve air quality, add jobs, and reduce India’s oil import dependence. A small portion of this grant will also support the search for a new CEO.
About the Grantee
Grantee Website
www.shaktifoundation.in
Address
The Capital Court 104B/2, Fourth Floor, Munirka Phase III, New Delhi, 110067, India
Grants to this Grantee
for India's clean energy growth path
Shakti Sustainable Energy Foundation facilitates India's transition to a clean energy economy. Shakti provides grants to Indian organizations to support efforts to meet the nation’s power needs with clean electricity, increase the share of electric vehicles, promote energy efficiency in buildings and industry, and scale clean energy finance. Their main priorities in 2020 are to fund organizations to provide technical assistance to various levels of government to advance renewable power, electric vehicles, and industrial energy efficiency. This grant supports the India substrategy of the Climate Initiative, which aims to keep Indian emissions consistent with a less than 2 degrees Celsius increase in global average temperature in 2050.
for general operating support
The Shakti Sustainable Energy Foundation’s mission is to support India in the transition to clean energy. Shakti provides grants to Indian NGOs focused on technical assistance to the Indian government, supporting efforts to meet the nation’s power needs with sustainable forms of electricity, expand clean transportation options, replace HFCs with coolants that are not greenhouse gases, and promote energy efficiency. One of their main priorities in 2017 includes improving the strategy for low-carbon, sustainable, and smart cities in India.
for support of the Transportation Program
The Shakti Sustainable Energy Foundation grants to organizations in India working to meet the nation’s sustainable energy goals. Its transportation program aims to reduce harmful emissions from this sector and contribute to India’s development and environmental goals. The grant supports efforts to reduce diesel pollution from trucks, improve vehicle efficiency, increase effectiveness of public transportation to improve air quality in cities, and contribute to climate change mitigation.