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TP Solar secures 292.5 MWp module supply contract from SECI

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TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), has secured a contract from the Solar Energy Corporation of India Limited (SECI) to supply 292.5 MWp of Domestic Content Requirement (DCR) solar modules.  The contract, valued at Rs 6.32 billion, is part of SECI’s 400 MWp tender under the CPSU Scheme Tranche-III. The modules will be delivered to Ramagiri, Andhra Pradesh, between October 2025 and January 2026. Tata Power, a leading integrated…

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Tata Power Renewable, Bank of Baroda partner to finance rooftop solar systems

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Tata Power Renewable Energy Limited (TPREL) has signed a Memorandum of Understanding (MoU) with Bank of Baroda to offer financing options for residential rooftop solar power systems under the Pradhan Mantri Surya Ghar Yojana (PMSGY). Under the MoU, applicants can avail loans of up to Rs 600,000 at interest rates starting from 7 per cent per annum, with fixed and floating rate options. Loans of up to Rs 200,000 are available for rooftop solar systems…

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Tata Power partners with IndusInd Bank to finance solar installations for MSEs

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Tata Power Renewable Energy (TPREL) has partnered with IndusInd Bank to provide collateral-free solar financing options for micro and small enterprises (MSEs), offering loans ranging from Rs 1 million to Rs 20 million.  This partnership aims to support MSEs in adopting solar energy, reducing operational costs, and contributing to the green energy transition. Both public and private lenders are increasingly collaborating with solar companies to offer financing for commercial and residential projects. Last week, Solex…