Dear All,
Microcredit(MFI) Organizations are working mainly for poverty eradication and give better social life to people those who are economically poor , but Microfinance Organizations can contribute a lot to the Power Distribution Companies in India as there is huge scope.
In India maximum poor people are unable to take electricity connection as they are financially not sound to bear the security deposit and energy meter cost, but they use electricity through other means. So if Microfinance Organizations will offer Energy Loan to these poor people , than not only they will be benefited but also the Power Distribution Companies can make profit and reduce AT&C loss.
In rural sareas the maximum Energy Meter are mechanical meter, so the Power Distribution Companies are unable to measure the actual consumption of electricity and they are incurring huge amount of loss. Hence if they will join with Microfinance Organizations they will able to provide energy meter to all their consumers, which will directly contribute a lot to both the Organizations and Society.
The consumer base of Microfinance Organizations in India is very high in rural India, so Power Distribution Companies can use them for energy conservation/awareness campaign.
Proper Billing and collection of energy charges
Awareness about use of electricity.
Reduction of energy loss (AT&C).
Smooth Operations of Power Distribution Sector.
Regards
Sarat Tripathy
India,Odisha
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Posted by: sarat tripathy <sarat_bapi@yahoo.com>
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