Tata Power Company Limited — Updates, 20-12-2024: Press Release

Tata Power Renewable Energy Limited (TPREL) has partnered with Canara Bank to promote the PM Surya Ghar Scheme, enhancing access to rooftop solar systems for Indian households. This initiative offers tailored financing options: for systems up to 3 kW, loans up to ₹2 lakh with a collateral-free option at a 7% interest rate, while systems between 3 kW and 10 kW can secure loans up to ₹6 lakh at 10% interest. This collaboration aims to simplify the transition to clean energy, supporting TPREL's goal of widespread solar adoption. With over 100,000 satisfied customers and a total renewables capacity of 10.9 GW, TPREL is positioned as a leader in India's solar market, focusing on a sustainable future. This strategic alliance is likely to foster a positive outlook for the company and its initiatives in renewable energy.