Tata Power Solar and Credit Fair Tie-up for Solar Rooftop Financing
With this strategic alliance, TPSSL’s have plans to further augment credit limit from INR 50 lakhs to INR 200 Lakhs, relied on the demand.
April 29, 2023. By EI News Network
Tata Power Solar Systems (TPSSL) is a 100 per cent subsidiary of Tata Power Renewable Energy (TPREL).
The association is aligning with the mission of Credit Fair to play facilitating role in the green energy transformation by availing easy financing alternatives to households and companies preparing to switch to renewable or other alternative energy.
The funding solutions come with adjustable till 60 months.
In the beginning phase, Credit Fair will fund loans with the size of up to INR 50 lakh which assists customers install up to 100 kW of solar power systems.
Credit Fair will avail offer funding to all types of solar rooftop installations - residential, housing societies, trusts and MSMEs.
With this strategic alliance, TPSSL’s have plans to further augment credit limit from INR 50 lakhs to INR 200 Lakhs, relied on the demand.
The target is to rise the contribution of green financing in the loan register to 40 percent resulting in minimisation of carbon emission.
please contact: contact@energetica-india.net.
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