s shares were up by 0.49 per cent after the company announced that Tata Power Solar Systems Limited (TPSSL) has partnered with Indian Bank to promote adoption of solar rooftop systems in residences. The tie-up aims to facilitate financing solutions under the Pradhan Mantri Surya Ghar Muft Bijli Yojana scheme for installations up to 3 KW, as well as support for 3-10 KW installations under the regular scheme. Under the PM Surya Ghar Muft Bijli Yojana initiative, residents can secure loans up to ₹2 lakh at 7 per cent interest per annum, with a nominal margin money requirement of 10 per cent and collateral-free financing. The repayment tenure extends up to 10 years. For installations…
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Tata Power, Indian Bank partner for solar rooftop financing
