Micro, small, and medium enterprises (MSMEs) can avail SIDBI loans at low interest rates to fund rooftop solar PV plants or associated services from Tata Power or its authorized channel partners across India.
In the absence of immediate viable financial solutions, MEMEs (micro, small and medium enterprises) need government intervention to get sustainable debt at a reasonable rate. A way forward could be a green finance platform for MSMEs.
The financing scheme, available only to Tata Power customers, provides collateral-free loans at an interest rate less than 10% for both off-grid and on-grid rooftop solar connections.
There is a need to innovate and pay attention to micro, small and medium enterprises (MSMEs), SMEs, and residential society consumers to activate the next leg of growth in the rooftop solar market.
The ‘Adoption of Solar Energy for Apparel industry’ program was organized by cluster development services in Ludhiana, Punjab to promote solar in the textile/apparel industry.
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