loan is taken out. Similarly, a loan documentation fee of 2,900 INR (44 €) is charged to customers. Per household products costs can be broken down as follows:
Wiring and basic end use devices: 15,000 INR (227 €)
Customer Civil works and piping: 20,000 – 60,000 INR (300‐900 €)
Customer Electromechanical equipment (turbine, generator, load controller):91,750 INR (1390 €).
Figure 4.44 shows a typical scene of bank officials dealing with micro‐hydro schemes and loans with the members of the community (Boyle and Krishnamurthy, 2011)
Figure 4.44: Members of community dealing with bank officials for micro‐hydro loans. (Source: Boyle and Krishnamurthy, 2011; http://www.greenpeace.org/india/Global/india/report/2011/Taking%20Charge.pdf)
A subsidy of 110,000 INR (1670 €) is paid by Karanataka Renewable Energy Limited (KREDL) for every project under the “Upgradation/Development of Water Mills” scheme after completion of installation. The paperwork to get the subsidy from the MNRE was proving to be a burden to Prakruti’s operation and sustaining relationships for the day to day transactions with the KREDL was distracting their engineers. Therefore Prakruti devised a smart solution, “to multiply to conquer”. An employee, Ravi S. Gownder, who had spent the most amount of time dealing with KREDL, branched out into his own dealership firm,
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