Tata Power Solar Systems Facilitates Funding For Solar Ventures Valued At INR 3,500 Crore
Tata Power Solar Systems has facilitated over Rs 3,500 crore of customer financing for solar projects during the last 4.5 years
Over the previous 4.5 years, Tata Power Solar Systems has revealed that it has successfully facilitated customer finance of Rs 3,500 crore for solar projects. The corporation disclosed that, as a step-down subsidiary of Tata Power, it has effectively furnished financial solutions to over 2,200 commercial and industrial clientele. TPSSL has formed partnerships with organisations like State Bank of India (SBI), Small Industries Development Bank of India (SIDBI), Union Bank of India (UBI), HDFC, Bank of Baroda, Tata Capital, Greenlance Energy, Ecofy, Credit Fair, and Paytm as primary lending partners.
TPSSL works with over 20 active financing partners, including PSUs, private banks, and NBFCs. This advancement highlights Tata Power Solar Systems’ dedication to assisting eco-friendly solar initiatives and cultivating alliances throughout the financial sector.