Tata Power Renewable signs MoU with Bank of Baroda to finance MSME solar projects
Tata Power Renewable Energy, a subsidiary of Tata Power, signed a Memorandum of Understanding (MoU) with Bank of Baroda to facilitate financing solutions for MSME and Commercial and Industrial customers opting for solar energy.
In an exchange filing, Tata Power stated that under this partnership, Bank of Baroda will provide loans to the MSMEs who want to purchase solar equipment and projects of up to 10 MW capacity through Tata Power Renewable Energy or its authorised channel partners.
