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Mumbai: Tata Power Solar Systems Ltd (TPSSL) has partnered with ICICI Bank to offer financing solutions for purchasing solar units.
This collaboration enables residential and corporate customers to access loans of up to Rs 90 lakh with collateral-free options and a repayment period of up to 5 years. Customers seeking higher loan amounts can also avail collateral-backed loans with extended tenures of up to 20 years.
The initiative aims to make solar energy more accessible and affordable, encouraging the adoption of renewable energy across various sectors. TPSSL, a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), emphasized that this partnership will play a significant role in promoting sustainable energy solutions.
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