Difference between revisions of "Biogas-Plant/C2/Finance-options-for-Biogas-plant/English-timed"

|  Hello Friends! Welcome to the '''Spoken Tutorial''' on '''Finance options for Biogas plant'''.

|  Earlier, we learnt about biogas and the benefits of having a biogas plant.  

|  In this tutorial, we will learn:how to apply for a loan to get a biogas plant built  

|Fact that one can either self-finance or avail bank loan to build the biogas plant

|pre-requisites required to avail the loan

|00:44

|List of documents to be attached with loan application form-

| Approximate break-up of the budget

|And subsidies provided by the government of India to build a biogas plant.

| Before we begin, it should be known that we can either self-finance or avail bank loan to build the biogas plant.  

|  One should be also aware about the budget for building a biogas plant.

|  The approximate cost for building the biogas plant is from Rs 20,000 to Rs 23,000/-.

|  The first step to get a biogas plant built is - visiting '''Khadi and Village Industries Commission''' office of the respective district.  

| This office is also known as '''KVIC'''.

| Each '''KVIC''' has a '''Rural Energy Technical department'''.  

| Meet the '''Rural Energy Technician''' i.e.'''RET''' in the mentioned department.  

|  Request the '''RET''' to make a visit to the proposed biogas plant site.  

|Availability of land. For e.g. 12 feet by 16 feet land is required for building 12 feet by 8 feet of biogas plant.  

|Adequate supply of water for daily feeding of the biogas plant.  

| For example, 25 kgs of solid waste and 25 litres of water are required for a 12 feet x 8 feet of biogas plant.  

| The '''RET''' will also check the number and age of cattle.

|For example, minimum 2 cows producing an average of 12 kg dung are required for a 2 cubic meter biogas plant.

| Lastly, the '''RET''' will check the bank account/loan account of the applicant.  

| You may visit banks such as private banks like IDBI bank, Canara bank, Union bank of India.

|  However, it is to be noted that the following will vary from bank to bank-

| Loan amount, sanction period , interest of loan and loan repayment.

|  Loan formalities start with filling up of the forms such as the loan application form.  

|purpose of applying for the loan,

|name and address of the applicant,

|resident of the respective village since year,

|nature of activity,

|age and gender,

|category-SC/ST/OBC and  other such details.  

|Technical feasibility certificate  

|Document of land holding

|Photocopy of Ration card and proof of annual income.

| We will receive the '''Branch Manager''' or '''inspecting officer'''’s reference and loan approval.  

|  Let's now talk about the cost factors for building the plant.

|  The cost for building the plant depends upon factors such as cost of raw material, mason's charges and transportation cost from the hardware shop to the plant site.  

|  The raw material and transportation cost along with the mason's charges may vary from region to region.  

|Approximately Rs.4,000/- for the mason and his laborers

|Approximately Rs.1,300/- for the '''biogas burner''' stove  

|Approximately Rs. 15,000/- for the raw material  

| Approximately Rs. 2000/- as transportation charges from the hardware shop to the plant site.  

|  A good news for all those who plan to build a biogas plant is that- Government of India provides subsidies to build a biogas plant.

|  The subsidies provided to applicants are: Rs 9,000/- for general category,  Rs 11,000/- for SC/ST category and  Rs 17,000/- for North-Eastern States.  

|  An extra subsidy of Rs 1,200/- is given if toilet is attached to the biogas plant.  

|  To avail the subsidy, we need to fill a form after the biogas plant is built.  

|  I will now fill in the details as required in the form.

|  Please note that subsidy will be granted only after sufficient proof for the biogas plant is given such as:

| technical feasibility certificate of the biogas plant and

|  photo of the applicant with the biogas plant.  

|  Apart from banks, farmer groups also help financially for building a biogas plant.  

|Refer the given '''link''' for offices located in different states of the country.

|  Let us summarize. In this tutorial, we have learnt:

| How to apply for a loan to get a biogas plant built

| Fact that one can either self-finance or avail bank loan to build the '''biogas plant'''  

|Pre-requisite(s) required to avail the loan.

| And, we also learnt about:

|List of documents to be attached with loan application form  

|Approximate break-up of the budget and

|Subsidies provided by the government of India to build a biogas plant.

|This video was created by '''Spoken Tutorial Project''' with inputs from '''Rural-ICT''' team, '''IIT Bombay'''.  

|This is Bella Tony along with the animation team of the Spoken Tutorial project, signing off. Thank you for joining.