Indian Bank Ties Up With Tata Power Solar To Boost Solar Energy Adoption

Indian Bank Ties Up With Tata Power Solar To Boost Solar Energy Adoption

Public sector Indian Bank has partnered with Tata Power Solar Systems to offer financing for customers under the Centre’s Pradhan Mantri Surya Ghar Muft Bijli Yojana Scheme to install solar rooftop systems in residences.Residential consumers would be able to receive loans of up to Rs 2 lakh for installations of 3 KW solar rooftop capacity at an interest rate of 7 per cent per annum.”This partnership demonstrates our commitment to promoting awareness, growth, and social upliftment. By offering financial assistance, we aim to make a significant contribution to India’s energy objectives…,” Indian Bank Chief General Manager, Retail Assets and Micro, Small Medium Enterprises, Vikas Kumar…
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Source: https://www.ndtvprofit.com/amp/business/tata-power-solar-systems-and-indian-bank-partner-to-offer-financing-for-residential-solar-installations