Founded five years ago, Simpa is a start-up that markets solar home systems (individual solar kits) to homes in rural India (so far, in the states of Uttar Pradesh, Bihar and Orissa).
These kits include a rooftop solar panel, battery, LED lamps, fan and television.
The equipment is sold via a lease-to-own system through a network of sales agents.
ENGIE’s acquisition of Simpa is a concrete example of ENGIE's repositioning towards zero-carbon, decentralised energy service solutions.
Today, Simpa has 70,000 customers and 750 employees in 3 states (Uttar Pradesh, Bihar and Orissa). Simpa aims to become a key player in decentralised energy in rural and semi-rural India.