Tata Power, Indian Bank Partner for Rooftop Solar Financing
POWER & RENEWABLE ENERGY

Tata Power, Indian Bank Partner for Rooftop Solar Financing

Tata Power, a leading integrated power company, has joined forces with Indian Bank to offer financing solutions for rooftop solar installations. This partnership aims to promote the adoption of rooftop solar systems among residential and commercial customers by facilitating access to affordable financing options.

Through this collaboration, Tata Power and Indian Bank aim to address the financial barriers hindering the widespread adoption of rooftop solar technology. The financing solutions provided by Indian Bank will enable customers to install rooftop solar panels with ease, thereby reducing their reliance on grid electricity and lowering their carbon footprint.

The partnership between Tata Power and Indian Bank underscores the commitment of both organisations to advancing renewable energy adoption in India. By leveraging their respective expertise and resources, they seek to accelerate the transition towards a cleaner and more sustainable energy future.

Under the financing arrangement, customers can benefit from attractive interest rates and flexible repayment terms, making rooftop solar installations more financially viable and accessible. This initiative aligns with the government's ambitious renewable energy targets and contributes to India's broader efforts to combat climate change and promote sustainable development.

As rooftop solar emerges as a viable and cost-effective energy solution for residential and commercial consumers, collaborations like the one between Tata Power and Indian Bank play a crucial role in driving the mass adoption of solar technology. By offering competitive financing options, they empower consumers to embrace clean energy alternatives and contribute to India's energy transition journey.

Tata Power, a leading integrated power company, has joined forces with Indian Bank to offer financing solutions for rooftop solar installations. This partnership aims to promote the adoption of rooftop solar systems among residential and commercial customers by facilitating access to affordable financing options. Through this collaboration, Tata Power and Indian Bank aim to address the financial barriers hindering the widespread adoption of rooftop solar technology. The financing solutions provided by Indian Bank will enable customers to install rooftop solar panels with ease, thereby reducing their reliance on grid electricity and lowering their carbon footprint. The partnership between Tata Power and Indian Bank underscores the commitment of both organisations to advancing renewable energy adoption in India. By leveraging their respective expertise and resources, they seek to accelerate the transition towards a cleaner and more sustainable energy future. Under the financing arrangement, customers can benefit from attractive interest rates and flexible repayment terms, making rooftop solar installations more financially viable and accessible. This initiative aligns with the government's ambitious renewable energy targets and contributes to India's broader efforts to combat climate change and promote sustainable development. As rooftop solar emerges as a viable and cost-effective energy solution for residential and commercial consumers, collaborations like the one between Tata Power and Indian Bank play a crucial role in driving the mass adoption of solar technology. By offering competitive financing options, they empower consumers to embrace clean energy alternatives and contribute to India's energy transition journey.

Next Story
Infrastructure Energy

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Next Story
Infrastructure Urban

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Next Story
Infrastructure Energy

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?