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BANGALORE: The city-based SELCO Solar Light has received the Accenture Economic Development Award from Applied Materials Inc.

SELCO was presented the award for supplying power to rural India and its application of micro-financing opportunities for its customers to pay for the service. The award is a part of the five Tech Museum Awards presented for technologies that benefit humanity.

"The 2005 Tech Museum Awards celebrates the entrepreneurial spirit of this year's 25 laureates and their creative applications of technology to the benefit of global humanity," said Mr Mike Splinter, President and Chief Executive Officer of Applied Materials. Other recipients were South Africa-based Enviro Options (Pty) Ltd, which received the Intel Environment Award for its Enviro Loo, a waterless dehydration/evaporation toilet for the developing world; US-based MIT OpenCourseWare, which received the Microsoft Education Award and the Hib Vaccine Team which won the Agilient Technologies Foundation Health Award.

The Pakistani Centre for the Improvement of Working Conditions & Environment received the Knight Ridder Equality Award for its efforts in improving the working conditions for adults in the carpet-weaving industry.

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