Ruloans partners with UGRO Capital to enter renewable energy finance market

Hi-Tech Pipes announced it has secured orders worth Rs 1.05 billion for the supply of electric resistance welded (ERW) steel pipes to customers in the renewable energy sector. These orders will be fulfilled from the company’s new manufacturing facility in Sanand, Gujarat, over the next three months. The ERW steel pipes will be used in various renewable energy applications, including wind farms, solar installations, and other green energy projects. Additionally, Hi-Tech Pipes’ board has approved…

Ruloans, a credit distribution company, has partnered with UGRO Capital, a lending platform, to tap into the growing renewable energy finance market. As a direct sales agent (DSA), Ruloans has added rooftop solar finance products to its loan portfolio. This partnership is set to benefit from the PM Surya Ghar: Muft Bijli scheme, which is expected to increase the number of individuals installing rooftop solar panels. The collaboration with UGRO Capital grants Ruloans access to…