Tata Power partners with SIDBI to offer easy & affordable financing scheme for MSME_00.1
Tamil govt jobs   »   Tata Power partners with SIDBI to...

Tata Power partners with SIDBI to offer easy & affordable financing scheme for MSME

Tata Power partners with SIDBI to offer easy & affordable financing scheme for MSME_50.1

Tata Power, India’s largest integrated power company, announced its partnership with SIDBI (Small Industries Development Bank of India) to offer easy and affordable financing scheme for MSME customers in the rooftop solar segment. This scheme will empower MSMEs to adopt sustainable energy for their businesses and promote greener.

WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

About the partnership:

  • Easy and affordable financing has been one of the barriers for penetration of Solar in the MSME sector in the country.
  • In order to address this challenge, Tata Power and SIDBI have joined hands to design a unique Solar financing solution for the MSME customers helping them switch to rooftop solar without any collateral at an interest rate less than 10%.
  • This will also be complemented with a quick sanction and disbursement process (within 7 days with disbursement in 4 days).
  • This financing scheme is exclusively for MSME customers of Tata Power for both off-grid and on-grid connections.

Important takeaways for all competitive exams:

  • Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990.
  • SIDBI Headquarters: Lucknow, Uttar Pradesh.
  • SIDBI Chairman & MD: Devendra Kumar Singh.
  • Tata Power CEO: Praveer Sinha.
  • Tata Power Headquarters: Mumbai, Maharashtra.

Find More News Related to Agreements

Tata Power partners with SIDBI to offer easy & affordable financing scheme for MSME_60.1

Tata Power partners with SIDBI to offer easy & affordable financing scheme for MSME_70.1

×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

Thank You, Your details have been submitted we will get back to you.

Leave a comment

Your email address will not be published. Required fields are marked *

Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Login

OR

Forgot Password?

Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Sign Up

OR
Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Forgot Password

Enter the email address associated with your account, and we'll email you an OTP to verify it's you.


Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Enter OTP

Please enter the OTP sent to
/6


Did not recive OTP?

Resend in 60s

Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Change Password



Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Almost there

Please enter your phone no. to proceed
+91

Join India's largest learning destination

What You Will get ?

  • Job Alerts
  • Daily Quizzes
  • Subject-Wise Quizzes
  • Current Affairs
  • Previous year question papers
  • Doubt Solving session

Enter OTP

Please enter the OTP sent to Edit Number


Did not recive OTP?

Resend 60

By skipping this step you will not recieve any free content avalaible on adda247, also you will miss onto notification and job alerts

Are you sure you want to skip this step?

By skipping this step you will not recieve any free content avalaible on adda247, also you will miss onto notification and job alerts

Are you sure you want to skip this step?