Tata Power Renewable Energy Partners with UCO Bank for Residential Rooftop Solar Financing
Tata Power Renewable Energy partners with UCO Bank to expand rooftop solar adoption nationwide, offering affordable financing solutions under the PM Surya Ghar initiative.
December 04, 2025. By Mrinmoy Dey
The collaboration is designed to make rooftop solar adoption easier and more affordable for consumers, by offering accessible financing solutions that directly support the Government of India’s PM Surya Ghar: Muft Bijli Yojana — a flagship initiative driving decentralized clean energy for Indian households, the company said in a statement.
Under this partnership, UCO Bank will extend financial assistance to both salaried and self-employed individuals for installation of rooftop solar systems through the UCO Suryodaya Scheme. Customers can avail loans up to INR 2 lakh at 6 percent reducing interest rate for a tenure of up to 10 years with a 10 percent margin.
For larger rooftop installations ranging from INR 2-6 lakh, financing of up to 80 percent of the project cost will be provided, with interest rates starting from 7.40 percent for home loan customers and 8.40 percent for non-home loan customers. Additional benefits such as zero processing fees and zero documentation charges further enhance accessibility and affordability for customers opting for clean energy, it said.
As of October 2025, TPREL has successfully delivered more than 3 lakh rooftop solar installations, contributing to a cumulative capacity of over 3.9 GW. UCO Bank has financed around 10,000 rooftop solar installation applications under its green financing initiatives. In the C&I segment, TPREL has catered to a diverse set of customers across various sectors viz – Hospitality, Automotive, Aviation, Education, HVAC, Chemical, Steel, Electronics, and Textiles, among others.
TPREL offers a range of benefits to its rooftop consumers, including a 25-year warranty on modules, trusted quality assurance, lifetime service and after-sales support across India, easy financing options, and insurance for solar rooftop systems, the company claimed.
The company plans to aggressively promote solar rooftop adoption through its extensive network of over 600 channel partners to 5000 channel partners and retailers, it said.
please contact: contact@energetica-india.net.
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