ndian-American billionaire philanthropist Manoj Bhargava today unveiled a
stationary bicycle that can generate electricity and help rural
households meet their energy needs.
"The stationary bicycle generates power. The pedalling turns a flywheel, which spins a generator that charges the attached battery," Mr Bhargava said while unveiling the product.
He further said the cycle is estimated to be priced between Rs. 12,000-15,000 and will be available by March 2016
One hour of pedalling can meet a rural household's electricity needs for
24 hours, including running lights, a small fan and charging a cell
phone -- all without electricity bills, fuel costs or pollution, a
statement issued by him said.
Note
Manoj Bhargava, whose net worth is estimated at $4 billion, has pledged 99 per
cent of his fortune to finding solutions that can help people across
the world.
Manoj Bhargava also supports The Hans Foundation, one of the largest charitable organisations in India.
Manoj Bhargava also supports The Hans Foundation, one of the largest charitable organisations in India.
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